MGM China warns of the investment fraud that was created from artificial intelligence

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MGM China

MGM China warned of Deepfake’s video impersonating the executive director to promote the investment fraud.

MGM China Share warning For the audience and the media about the DeepFake video that was created from artificial intelligence impersonating Ms. Pansy Ho, President and CEO of MGM China. The video reinforces a fake investment plan, and those who “invest” promise that they will get “hundred times revenues” for their money.

The company explained that any videos or notifications in this sense are fraudulent and there is no such plan.

“MGM China has repeated that the company or Mrs. Pansi is at any time when she participated or authorized or honest the alleged investment plan contained in DeepFake’s video,” says the statement. “The video has not been created or released by the company or Mrs. Pansi is.

MGM China requested both the public and the media to stay in a state of alert for any similar messages, and advised them to act only on the information verified through official channels. The company also issued an appeal to other channels to stop the posting of the DeepFake video and any claims related to it.

What is Deepfake?

Deepfake is a video that has been changed or created digitally so that it seems to be another person. Sometimes, it uses a real actor and changes its appearance, but with recent developments in the artificial intelligence, some deep actions can be created from the zero point.

Artificial media is often used to spread wrong information or for harmful purposes, as with MGM China here. South Korean casinos also took steps to Protection from the role of Deepfakes in illegal gambling.

Distinctive image: Wikimedia rumorsLicensed under CC By-SA 4.0

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