GCD AI RADAR
incidents/AIR-2024-0060

Deepfake Impersonation Scams of Prominent Investors Circulate on Facebook

AI-enabled attack3 Confirmed exploitationDeepfake fraud

Fraudsters deployed AI deepfakes impersonating well-known investors such as Bill Ackman and Cathie Wood to promote fraudulent investment schemes on Facebook. The fraudulent ads circulated widely despite user reports and platform moderation efforts.

Details

type
AI-enabled attack
Attackers used AI as a meaningful part of a cyberattack against someone else.
categories
  • Deepfake fraud
    Synthetic voice, video or images used to impersonate people for fraud, extortion or access.
owasp llm top 10
no entry for these categories
mitre atlas
Both rows are derived from the type and categories (OWASP 2025 edition, ATLAS release 2026.09), not classified per record. How
severity
3 · Confirmed exploitation
Used against real targets; limited or unclear impact.
targets
Individuals
incident date
11 Jan 2024
first reported
11 Jan 2024
origin
AI Incident Database
Derived from the AI Incident Database (CC BY-SA 4.0).
classifier confidence
0.85 · published at or above 0.80; see the methodology
tags
deepfake · fraud · facebook · social-media
record
created 2026-10-18 06:33Z · updated 2026-10-18 06:59Z · json

Sources · 1

  1. 2024-01-11
    Scams Reportedly Impersonating Wealthy Investors Proliferating on Facebook
    AI Incident Database · incidentdatabase.ai/cite/655

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