An employee was invited to an online meeting with the firm's chief financial officer and other staff, except none of them were real.
Deepfake scammers managed to trick an employee at a multinational firm into sending out more than $25 million of company funds in an elaborate scam that impersonated multiple company executives in an online video meeting.
In a statement seen on Radio Television Hong Kong (RTHK), Acting Senior Superintendent Baron Chan of the police force’s Cyber Security Division said the incident started last month when the employee received a fake message from the firm’s chief financial officer inviting them to a video call to discuss a confidential transaction.
The scammers used several deepfaked company executives to convince the employee to send $25.5 million of the firm’s funds across 15 transactions to five bank accounts.
