Arup lost $25mn in Hong Kong deepfake video conference scam

Reported by Cheng Leng and Chan Ho-him UK engineering group Arup lost HK$200mn ($25mn) after fraudsters used a digitally cloned version of a senior manager to order financial transfers during a video conference, the Financial Times has learned. Hong Kong police previously revealed what is one of the world’s biggest known deepfake scams, but did not identify […]