Chicago-area man loses $10K to cryptocurrency scam by Elon Musk impersonator
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- Chicago Veteran Reportedly Loses $10,000 in Purported Deepfake Cryptocurrency Fraud Posing as Elon Musk
event | 8 July 2025 | 78%
A Chicago-area Vietnam War veteran, Richard Lyons, reportedly lost $10,000 to a cryptocurrency scam that used purported AI voice cloning and fake social media profiles to impersonate Elon Musk. The fraudster allegedly convinced Lyons to invest in bogus cryptocurrency opportunities using fake voice memos, images, and spoofed caller IDs showing "Elon Musk." The scam reportedly involved dozens of messages and deepfake audio files that reinforced the impersonation.