AI-generated online adverts promoting bogus state-backed investment schemes AI-generated online adverts scams

There has been a recent surge in AI-generated online adverts promoting bogus state-backed investment schemes, according to FraudSMART, the fraud awareness initiative led by Banking & Payments Federation Ireland (BPFI), as consumers are warned to be on alert. The ads feature fake images or videos of high-profile politicians and businesspeople encouraging consumers to click a link to register for…