Deepfake Anthony Albanese used in celebrity scams duping Australians out of $7.4m, Asic warns

Australia's corporate watchdog, Asic, warns of a surge in scams using deepfake videos of celebrities and politicians, with Prime Minister Anthony Albanese most impersonated. These scams falsely promise high investment returns, leading to $7.4 million lost by Australians last year. Scammers use AI-generated deepfakes alongside fake brands and websites to deceive victims, with Asic reporting nearly 20,000 scams last financial year, tripling the previous year.