A sophisticated digital scam is making waves in Pakistan, as three viral videos featuring fabricated endorsements from high-profile individuals have sparked alarm across social media. The clips appear to show a renowned economist, a senior military officer, and a government official promoting a cryptocurrency investment opportunity — but authorities say it’s all part of a fake crypto scheme.
AI Used to Mimic Influential Figures
Investigations suggest the videos were created using artificial intelligence to mimic the voices and appearances of these influential figures. In each video, the impersonated personalities seem to speak directly to viewers, urging them to invest Rs. 70,000 to join a crypto venture that allegedly offers monthly returns of up to Rs. 6 million.
Public Trust Exploited
Officials warn that this fake crypto scheme is designed to exploit public trust, particularly targeting young adults and retired professionals. The use of AI-generated deepfakes adds a dangerous layer of credibility, making it harder for viewers to detect fraud.
Experts Raise Red Flags
Cybercrime experts say this scam marks a troubling evolution in digital deception. By leveraging familiar faces and polished messaging, the perpetrators of this fake crypto scheme are manipulating emotions and financial hopes to lure victims into fraudulent investments.
Authorities Urge Vigilance
Authorities are urging citizens to verify any investment claims and avoid schemes that promise unrealistic returns. They also recommend reporting suspicious content to relevant agencies to prevent further spread and protect vulnerable communities.
Call for Digital Literacy
As the investigation continues, officials hope to trace the origin of the videos and hold those behind the fake crypto scheme accountable. The incident underscores the urgent need for stronger digital literacy and fraud awareness in Pakistan’s rapidly evolving tech landscape.
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