Ben Fordham: Alarming new financial scam that every Australian needs to know ... trends now
2GB host Ben Fordham has warned Aussies about alarming new AI video scams.
The scam typically involves the creation of fabricated videos using artificial intelligence. These videos can be manipulated to make it appear as though someone said or did something they never actually did.
Finance expert Peter Switzer is the latest high-profile Australian to be used by scammers in an AI video scam.
Mr Switzer's face is being used by scammers to trick people into investing in sham get-rich-quick schemes.
2GB host Ben Fordham has warned Aussies about alarming new AI video scams.
Mr Switzer was left speechless after 2GB host Ben Fordham played him video of the AI scam currently doing the rounds on social media.
'Join our stock club and you will receive free stock diagnostic services where the world's leading stock experts will provide you with...' he appears to say in the clip.
'Who is that man talking?' Fordham asked.
'Gee it sounds like me in my younger days,' Mr Fitzer replied.
'It's you, it's a video doing the rounds right now. It's an AI scam. You are promoting a stock club and they release stock information every day before 7pm,' Fordham said.
'Oh my god. How do we make sure people know it's not me?' Mr Switzer asked.
Fordham said the tell-tale sign the video was fake was when Mr Switzer's accent turned from Australian to American halfway through the full version of the video.
'So there's a little bit of a hint there,' Fordham said.
'But people will recognise your face, they've got your face - your mouth is moving - we've just spotted it this morning.'
'Join our stock club and you will receive free stock diagnostic services where the world's leading stock experts will provide you with...' Peter Switzer appears to say in the clip (pictured)
Mr Switzer (pictured) was left speechless after Ben Fordham played the audio of a scam video currently doing the rounds on social media on 2GB radio on Friday
It comes just months after former Sunrise host David Koch threatened legal action as scammers continue to use digitally-altered images of him to rip off Aussies.
The fed-up business journalist and former Sunrise host took to Twitter in October to slam an AI-generated photo of himself looked bloodied and bruised.
Koch tagged
