In first, Hong Kong police arrest 6 over finance scams involving deepfake technology

Hong Kong police have arrested six people over the use of deepfake technology to take out loans in other people’s names. Addressing reporters on Friday, superintendent Dicken Ko said that, with the advancement of technology, many financial companies allow people to apply for loans and bank accounts online by having them scan their identity cards and faces for verification. In this context, police had uncovered a local fraud syndicate that used eight stolen Hong Kong identity cards – all of which had already been reported as lost – to make 90 loan applications and 54 bank account registrations,…

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