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15 September 2026
In February 2024, an employee at engineering firm Arup joined a video call with people who looked, sounded and moved exactly like the company’s CFO and several colleagues. All of them were deepfakes. Over the course of the call, the employee authorised 15 wire transfers totalling US$25.6 million to accounts controlled by scammers, a case later confirmed by Hong Kong Police. The FBI’s Internet Crime Complaint Center recorded more than US$893 million in adjusted losses from AI-related fraud complaints in 2025, according to a report the agency published in April 2026.
