AI-Powered 'Hormuz' Deepfake Scam Targets Singapore Businessman
A man has lost at least S$4.9 million (US$3.8 million) to a Strait of Hormuz funding assistance scam, the Singapore Police Force (SPF) said on Thursday (May 14), as it advised members of the public to be vigilant against scams involving the impersonation of senior government officials. In a news release, police said the scammers – who appear to be targeting business professionals who have had prior interactions with government officials – would impersonate government officials, including the secretary to the Cabinet, to inform the victim to attend a virtual meeting with the Singapore president, ministers, and other officials.
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