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Toronto man loses life savings to Justin Trudeau deepfake cryptocurrency scam (nationalpost.com)

submitted 7 months ago by [email protected] to c/[email protected]

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The scam was propagated through a YouTube video and manipulated with AI and voice cloning technology to appear as if Trudeau was promoting a cryptocurrency exchange and an investment platform aimed at “helping Canadians safeguard their financial future.”

“I thought, ‘It’s got to be legitimate, it’s got to be perfect. If not, how could you get the prime minister?’ So I thought, ‘It’s got to be official,'” Stephen Henry told CTV.

Henry initially invested $250, but then continued to invest his savings, believing his investments had grown to over $40,000 in value.

(He initially put in $12,000)

When Henry tried unsuccessfully to withdraw some of his money, he realized he’d been scammed.

“Now, I’m ripped off of all my chances of ever making a life. That was all the money I had,” he said.

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[–] [email protected] 1 points 7 months ago

A good rule of thumb:

If it is promoting crypto, consider it a scam.

Another good rule of thumb:

Never invest more money in anything, than you can afford to loose.