Instagram ads mimicking BMO, EQ Bank are finance scams
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- Alleged AI-Generated Video Ads Impersonate Bank of Montreal Strategist Brian Belski to Promote Investment Scam
event | 22 June 2025 | 82%
A purportedly AI-generated video of Bank of Montreal Chief Investment Strategist Brian Belski was used in an alleged fraudulent investment ad campaign on Meta platforms, including Instagram and Facebook. The ads reportedly impersonated Belski to promote a WhatsApp investment group. BMO confirmed the impersonation and warned users; the Facebook page was reportedly renamed and repurposed by scammers.