this post was submitted on 07 Feb 2026
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58
Deepfake scams have gone from niche to industrial; one finance officer paid out nearly $500,000 on a fake video call with “company leadership” (www.theguardian.com)
submitted 15 hours ago by Innerworld@lemmy.world to c/technology@lemmy.world
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[–] nulluser@lemmy.world 25 points 14 hours ago (2 children)

Last year, a finance officer at a Singaporean multinational paid out nearly $500,000 to scammers during what he believed was a video call with company leadership.

My bet is that that is just his very plausible cover story. He's the one that got the money.

[–] surewhynotlem@lemmy.world 3 points 7 hours ago

Sadly it's a combination of tech illiteracy and a culture of not questioning your boss.

[–] scytale@piefed.zip 3 points 10 hours ago

Similar thing happened to a Hong Kong company. It’s likely these are just tech illiterate people who were unfortunately duped.