Hong Kong Crime Ring Swindles Victims Out of $46M
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Hong Kong police arrested 27 people in a syndicate that used AI-generated and real-time deepfakes to pose as women in online dating scams, defrauding victims of roughly $46 million by promoting fake investment returns and operating crypto trading platforms; investigators seized devices, some cash and luxury watches, and identified deepfake service providers selling to criminals via Telegram, with potential ties to the Sun Yee On gang.
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