Beware of deepfake scams! Fraudsters using AI videos to push schemes promising unrealistic returns; red flags to watch out for

Deepfake videos have been circulating, falsely endorsing a fraudulent investment scheme promising unrealistic returns. Despite government warnings and media coverage, many continue to fall victim to this scam. Experts advise caution, urging individuals to verify sources, question disproportionate returns, and rely on trusted financial channels to avoid being defrauded.