Revealed: the scammers who conned savers out of $35m using fake celebrity ads
by Simon Goodley, Zoe Wood, Pamela Duncan and Michael from Technology | The Guardian on (#6VPJ8)
Georgia-based group used deepfake videos and false news featuring Martin Lewis, Zoe Ball and Ben Fogle to promote fraudulent crypto schemes
An organised network operating from the former Soviet state of Georgia has scammed thousands of savers from the UK, Europe and Canada out of $35m (27m) after they fell for fake celebrity adverts on Facebook and Google that the government promised to outlaw three years ago.
Deepfake videos and fictional news reports featuring the money expert Martin Lewis, the radio DJ Zoe Ball and the adventurer Ben Fogle were used to promote fraudulent cryptocurrency and other investment schemes. The scammers are understood to have still been contacting victims in recent weeks.
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