AI-Driven Investment Scam Targets Victims via Social Media
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🕵️♂️ New AI-Driven Investment Scam Exploits Social Media to Target Victims. Cybersecurity researchers have identified a significant rise in a sophisticated investment scam dubbed “Nomani,” which has surged by over 335% in the latter half of 2024. This scam utilizes social media malvertising, AI-generated video testimonials, and fraudulent ads to lure victims to phishing websites that harvest personal information. The attackers, suspected to be Russian-speaking, manipulate victims into investing in non-existent products, often leading to financial loss and data theft. Recent law enforcement actions in South Korea have dismantled a related fraud network that defrauded nearly $6.3 million through fake trading platforms, highlighting the growing threat of such scams in the digital landscape.
