GCD AI RADAR
incidents/AIR-2020-0035

Quantum AI Scams Use Deepfakes and Spoofed Sites for Investment Fraud

AI-enabled attack4 Confirmed real-world lossDeepfake fraud

Global investment scams utilized deepfake endorsements and spoofed media sites to solicit funds from victims. The campaign involved cloaked adtech infrastructure and fake trading platforms.

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
4 · Confirmed real-world loss
Financial loss, PHI/PII breach, safety impact or regulatory action.
targets
Individuals
products
Quantum AI
incident date
1 Jan 2020
first reported
1 Jan 2020
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 · investment-scam · fraud
record
created 2026-10-18 06:33Z · updated 2026-10-18 06:59Z · json

Sources · 1

  1. 2020-01-01
    Quantum AI and Related AI-Themed Investment Scams Reportedly Used Deepfake Endorsements and Spoofed Media Sites to Solicit Investments
    AI Incident Database · incidentdatabase.ai/cite/1236

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