Employee Transfers 140 Million to Scammers After Deepfake Video Call With Fake CFO

Written by Fabio Lucas Carvalho

Published on 23/06/2025 at 20:18

Updated on 23/06/2025 at 20:33

Foto: Reprodução

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Scammers Used Deepfake Technology to Simulate Faces and Voices of Colleagues During a Video Conference and Convinced an Employee to Transfer US$ 25 Million.

A millionaire scam involving deepfake technology surprised authorities and raised a global alert. A finance employee at a multinational based in Hong Kong was deceived and transferred over US$ 25 million, about R$ 140 million, to scammers who simulated a video conference with colleagues and superiors from the company.

The scam occurred in early February 2024.

Deepfake in Video Conference with Multiple People

According to the Hong Kong police, the scam started with an email supposedly sent by the company’s Chief Financial Officer (CFO), based in the United Kingdom.

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No Real Interaction and Abrupt Ending

After the conference, the employee continued his work as usual. In retrospect, he reported that the participants of the call seemed to not interact naturally, merely giving instructions and quickly ending the meeting.

The scam was only discovered when the employee contacted headquarters to confirm the transaction and was informed that no one in the company was aware of the operation.

According to Senior Superintendent Baron Chan Shun-ching, this is the first case in Hong Kong where criminals used deepfake in a video conference with multiple people to carry out a scam.

The police emphasized that the technology was used to simulate faces and voices reading a carefully planned script.

The investigation is ongoing, and authorities are warning about the rise of scams using deepfake.

Employee Transfers 140 Million to Scammers After Deepfake Video Call With Fake CFO

Scammers Used Deepfake Technology to Simulate Faces and Voices of Colleagues During a Video Conference and Convinced an Employee to Transfer US$ 25 Million.

Deepfake in Video Conference with Multiple People

No Real Interaction and Abrupt Ending

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Employee Transfers 140 Million to Scammers After Deepfake Video Call With Fake CFO

Scammers Used Deepfake Technology to Simulate Faces and Voices of Colleagues During a Video Conference and Convinced an Employee to Transfer US$ 25 Million.

Deepfake in Video Conference with Multiple People

No Real Interaction and Abrupt Ending

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A public school student single-handedly created a machine capable of treating water for up to 50 people using only solar energy. It was awarded third place at one of the most important science fairs in the world.

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