Social Media deepfake
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Impostors, investment schemes and social media’s impact

By Alexander Dokuchaev, CFE, CPA/ABV

As social media platforms dominate communication and commerce, safeguarding against fraud is critical. Impersonation and investment schemes aren’t just cunning crimes; they’re a call for institutions, regulators and individuals to outpace fraudsters. This article explores recent impersonation and investment schemes, the role of social media and AI-generated deepfakes, and strategies to combat these threats.

In May 1925, a French newspaper published an article highlighting the deteriorating state of the Eiffel Tower. Only three decades after its construction, the historic Paris landmark required significant repairs and maintenance. The article suggested that the French government might find it more reasonable to dismantle the tower rather than undertake costly renovations.

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