AI-powered scam Hits Israeli investors, deepfakes and fake stocks fuel major losses
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- Reported AI‑Generated Deepfake Impersonations of Public Figures Allegedly Used in Coordinated Stock Pump‑and‑Dump Scheme Targeting Israeli Investors
event | 3 Aug 2025 | 78%
A coordinated fraud campaign in Israel allegedly used AI‑generated deepfake impersonations of public figures including Amir Yaron, Benjamin Netanyahu, Eyal Golan, Noa Kirel, Gal Gadot, Elon Musk, and Mark Zuckerberg to promote NASDAQ‑listed Ostin Technology Group Co. Ltd. (OST) in a pump‑and‑dump scheme. Paid social media ads, WhatsApp groups, and fake investment platforms reportedly lured investors before the stock collapsed in early July 2025, causing major reported losses.