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Incident 1236: Quantum AI Scam Reportedly Used AI-Generated Celebrity Endorsements and Spoofed Media Sites to Solicit Investments

Description: A global investment fraud network known as Quantum AI has reportedly used AI-generated deepfake videos, fake news sites, phishing pages, and spoofed calls to deceive victims. The scheme allegedly impersonates celebrities, news outlets, and political leaders to promote fraudulent trading platforms, leading targets to transfer money they cannot recover. Investigations suggest coordinated operations across multiple countries and platforms.
Editor Notes: Timeline notes: This incident ID represents an ongoing cluster of related events that began around 2020. The reference date of 01/01/2020 is an approximate placeholder. The incident ID was added to the AI Incident Database on 10/18/2025.

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Entities

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Alleged: Unknown voice cloning technology developers , Unknown deepfake technology developers and Generative AI companies developed an AI system deployed by Quantum AI scammers and Quantum AI, which harmed YouTube users , Victims of impersonation scams , Victims of deepfake-enabled fraud , Steph McGovern , Spencer & Stanley , social media users , Smithville International , Rishi Sunak , Richard Branson , Retail investors , Meta users , Martin Lewis , Mark Carney , Keir Starmer , Investors , General public , Forbes , Financial services customers , Elon Musk , Elderly investors , El Universo , DW News , Domenica In , David Beckham , Daily Mirror , Cryptocurrency investors , Consumers , CNN and BBC.
Alleged implicated AI systems: Quantum AI , Unknown voice cloning technology , Unknown deepfake technology , Spoofed phone number systems , Phishing websites , Meta Platforms and Automated trading bots

Incident Stats

Incident ID
1236
Report Count
24
Incident Date
2020-01-01
Editors
Dummy Dummy

Incident Reports

Reports Timeline

Incident OccurrenceDeepfake Quantum AI Investment Scam Pops Up on FacebookElon Musk used in fake AI videos to promote financial scam+4
Slew of deepfake video adverts of Sunak on Facebook raises alarm over AI risk to election
+2
SFC warns public of Quantum AI for suspected virtual asset-related fraud
The Emerging Dynamics of Deepfake Scam Campaigns on the Web+4
'I was scammed out of £75k by Martin Lewis deepfake advert'
+1
Fake election news ads are luring people into investment schemes. We got some taken down
+3
Public warned against Telangana CM’s deepfake video in circulation
+1
Investment scammers slip through cracks in EU Big Tech law
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Deepfake Quantum AI Investment Scam Pops Up on Facebook

Deepfake Quantum AI Investment Scam Pops Up on Facebook

darkreading.com

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Elon Musk used in fake AI videos to promote financial scam

Elon Musk used in fake AI videos to promote financial scam

rmit.edu.au

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Slew of deepfake video adverts of Sunak on Facebook raises alarm over AI risk to election

Slew of deepfake video adverts of Sunak on Facebook raises alarm over AI risk to election

theguardian.com

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Over 100 Deep-Faked Rishi Sunak Ads Found on Meta’s Platform

Over 100 Deep-Faked Rishi Sunak Ads Found on Meta’s Platform

fenimoreharper.com

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Deepfake Alert: Fraudulent Crypto Platform Promoted in Doctored Clip of Andrew Forrest on Facebook

Deepfake Alert: Fraudulent Crypto Platform Promoted in Doctored Clip of Andrew Forrest on Facebook

cryptopotato.com

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It's a scam! Celebrities are not getting rich from online investment trading platforms

It's a scam! Celebrities are not getting rich from online investment trading platforms

accc.gov.au

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Scam alert: Fake celebrity online investment scams

Scam alert: Fake celebrity online investment scams

scamwatch.gov.au

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SFC warns public of Quantum AI for suspected virtual asset-related fraud

SFC warns public of Quantum AI for suspected virtual asset-related fraud

apps.sfc.hk

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Elon Musk deepfake crypto scam highlights risks to Hong Kong as AI-related fraud rises

Elon Musk deepfake crypto scam highlights risks to Hong Kong as AI-related fraud rises

scmp.com

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Doctored footage and hijacked accounts: anatomy of a deepfake scam network

Doctored footage and hijacked accounts: anatomy of a deepfake scam network

thebureauinvestigates.com

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The Emerging Dynamics of Deepfake Scam Campaigns on the Web

The Emerging Dynamics of Deepfake Scam Campaigns on the Web

unit42.paloaltonetworks.com

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'I was scammed out of £75k by Martin Lewis deepfake advert'

'I was scammed out of £75k by Martin Lewis deepfake advert'

bbc.com

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We exposed a global AI scam

We exposed a global AI scam

which.co.uk

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Quantum AI - Central Bank of Ireland Issues Warning on Unregistered Firm

Quantum AI - Central Bank of Ireland Issues Warning on Unregistered Firm

centralbank.ie

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Deepfake Elon and the Quantum AI Scam

Deepfake Elon and the Quantum AI Scam

expatriot116.substack.com

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Fake CBC ads have flooded X with sketchy headlines. We looked for the source

Fake CBC ads have flooded X with sketchy headlines. We looked for the source

cbc.ca

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Fake election news ads are luring people into investment schemes. We got some taken down

Fake election news ads are luring people into investment schemes. We got some taken down

cbc.ca

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AI-Related Scams in Retail Trading

AI-Related Scams in Retail Trading

lat.london

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Public warned against Telangana CM’s deepfake video in circulation

Public warned against Telangana CM’s deepfake video in circulation

thehindu.com

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Quantum AI scam: a warning from Which?

Quantum AI scam: a warning from Which?

northeastbylines.co.uk

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Mayo scam alert: Fraudsters cloning presidential election candidate in fake investment videos

Mayo scam alert: Fraudsters cloning presidential election candidate in fake investment videos

con-telegraph.ie

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When Martin Lewis and Kier Starmer “Team Up” with Quantum AI (Except They Didn’t): The Deepfake Scam Playbook

When Martin Lewis and Kier Starmer “Team Up” with Quantum AI (Except They Didn’t): The Deepfake Scam Playbook

tlmartin.ltd.uk

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Investment scammers slip through cracks in EU Big Tech law

Investment scammers slip through cracks in EU Big Tech law

investigate-europe.eu

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Which? finds deepfake investment scams on YouTube

Which? finds deepfake investment scams on YouTube

which.co.uk

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Deepfake Quantum AI Investment Scam Pops Up on Facebook
darkreading.com · 2023

Martin Lewis, a financial journalist and broadcaster, was recently seen promoting an investment scam on Facebook --- though, in reality, the widely circulated advertisement was a deepfake video impersonation promoting a Quantum AI investmen…

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Elon Musk used in fake AI videos to promote financial scam
rmit.edu.au · 2023

American business magnate Elon Musk is the latest prominent figure to feature in doctored videos that use artificial intelligence technology to promote a financial scam.

The videos posted on Facebook use authentic footage of Mr Musk dubbed …

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Slew of deepfake video adverts of Sunak on Facebook raises alarm over AI risk to election
theguardian.com · 2024

More than 100 deepfake video advertisements impersonating Rishi Sunak were paid to be promoted on Facebook in the last month alone, according to research that has raised alarm about the risk AI poses before the general election.

The adverts…

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Over 100 Deep-Faked Rishi Sunak Ads Found on Meta’s Platform
fenimoreharper.com · 2024

EXECUTIVE SUMMARY

  • Over 100 deep-fake video advertisements impersonating Prime Minister Rishi Sunak were paid to be promoted on Meta's platform in the last month.

  • These ads may have reached over 400,000 people, despite explicitly breakin…

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Deepfake Alert: Fraudulent Crypto Platform Promoted in Doctored Clip of Andrew Forrest on Facebook
cryptopotato.com · 2024

A doctored clip of Australian mining magnate and businessman Andrew "Twiggy" Forrest on Facebook represents the newest addition to a series of deepfakes hijacking images of figures in deceptive advertisements, eroding trust in the media.

Cy…

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It's a scam! Celebrities are not getting rich from online investment trading platforms
accc.gov.au · 2024

The National Anti-Scam Centre is warning consumers to beware of fake news articles and deepfake videos of public figures that endorse and link to online investment trading platform scams, particularly on social media.

Last year, Australians…

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Scam alert: Fake celebrity online investment scams
scamwatch.gov.au · 2024

Background

Fake news and 'deepfake' videos of celebrities and public figures appearing to promote online investment platforms are increasing on social media.

'Deepfakes' are lifelike impersonations of real people created by artificial intel…

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SFC warns public of Quantum AI for suspected virtual asset-related fraud
apps.sfc.hk · 2024

The Securities and Futures Commission (SFC) today warns the public of suspected virtual asset-related fraud involving an entity operating under the name of "Quantum AI" (Note 1).

Quantum AI claims to provide cryptocurrency trading services …

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Elon Musk deepfake crypto scam highlights risks to Hong Kong as AI-related fraud rises
scmp.com · 2024

Last week, the Hong Kong Securities and Futures Commission (SFC) warned of a scam using deepfakes of Elon Musk touting a cryptocurrency trading platform called "Quantum AI". The scam is old, but it highlights an alarming rise in the use of …

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Doctored footage and hijacked accounts: anatomy of a deepfake scam network
thebureauinvestigates.com · 2024

The Labour party has a plan to "pull British citizens out of the crisis", says leader Keir Starmer in an advert published recently on Facebook.

The footage looks real. But it is a deepfake -- it has been edited and altered using artificial …

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The Emerging Dynamics of Deepfake Scam Campaigns on the Web
unit42.paloaltonetworks.com · 2024

AIID editor's note: This is a slightly abridged version of the report. Please visit the original source for the full report.

Executive Summary

Our researchers discovered dozens of scam campaigns using deepfake videos featuring the likeness …

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'I was scammed out of £75k by Martin Lewis deepfake advert'
bbc.com · 2024

"It's quite difficult for me to have to sit in the same room as you", money saving expert Martin Lewis says as Des Healey, a kitchen fitter from Brighton, walked into the BBC Radio 5 Live studio.

Like many other people, Des had fallen victi…

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We exposed a global AI scam
which.co.uk · 2024

Social media has been flooded with suspicious videos impersonating well-known faces and organisations, including the BBC, Elon Musk and David Beckham, in a dodgy financial scheme.

Over the course of months, we uncovered several dubious post…

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Quantum AI - Central Bank of Ireland Issues Warning on Unregistered Firm
centralbank.ie · 2024

⚠️ Warning: Virtual Asset Service Provider (‘VASP’)

Unregistered Firm Name: Quantum AI
Website: https://quantum-ai.ie/
Email address used: contact@quantum-ai.ie
Registration in Ireland: Quantum AI is not registered to provide virtual asset …

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Deepfake Elon and the Quantum AI Scam
expatriot116.substack.com · 2024

In a troubling trend that underscores the growing sophistication of online fraud, a scam called Quantum AI is making waves across global social media platforms. It is not a "new scam" as much as it is continuing to enter new markets, appare…

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Fake CBC ads have flooded X with sketchy headlines. We looked for the source
cbc.ca · 2025

Ads featuring fake CBC articles have inundated the social media platform X in recent weeks. The ads are designed to lure Canadians into a sophisticated scam that uses Russian internet infrastructure, CBC News has found. 

CBC News' visual in…

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Fake election news ads are luring people into investment schemes. We got some taken down
cbc.ca · 2025

Fake CBC News articles that link to sketchy investment schemes are flooding social media with sensational headlines about the Canadian election and other recent political developments.

CBC's visual investigations unit reported on a similar …

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AI-Related Scams in Retail Trading
lat.london · 2025

AI seems to be the magic ticket for trading companies these days, with marketing and promotional materials filled with the amazing feats of "AI" to attract naïve investors to invest their money.

While there are some legitimate uses of AI in…

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Public warned against Telangana CM’s deepfake video in circulation
thehindu.com · 2025

A deepfake AI-generated video is circulating online, where Telangana Chief Minister A. Revanth Reddy appears to promote a website called Quantum AI, claiming that people can earn ₹ 2 lakh by investing ₹21,000. The Chief Minister’s Office as…

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Quantum AI scam: a warning from Which?
northeastbylines.co.uk · 2025

Which? has issued a warning about a global financial scam called 'Quantum AI,' a platform promoting dodgy investment schemes. The scam utilises AI, but as a means of impersonating celebrities and organisations in apparent endorsements of th…

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Mayo scam alert: Fraudsters cloning presidential election candidate in fake investment videos
con-telegraph.ie · 2025

Fraudsters are already using deepfake technology to clone the image and voice of presidential election candidate Heather Humphreys in fake investment videos circulating online.

Bank of Ireland is warning consumers to watch out for more of t…

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When Martin Lewis and Kier Starmer “Team Up” with Quantum AI (Except They Didn’t): The Deepfake Scam Playbook
tlmartin.ltd.uk · 2025

The "Exclusive Opportunity" You Never Asked For

Picture this: you're scrolling Facebook and suddenly you see a slick video of Martin Lewis telling you about an amazing investment in Quantum AI. It's low risk, guaranteed returns, and even Ki…

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Investment scammers slip through cracks in EU Big Tech law
investigate-europe.eu · 2025

Boris Pistorius stares directly into the camera. Germany's defence minister is addressing the nation, speaking of "rapid change, new jobs and advanced technologies" that will place Germany at the forefront of the global economy. At the end …

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Which? finds deepfake investment scams on YouTube
which.co.uk · 2025

Which? has repeatedly warned about the global deepfake investment scams being run by an outfit called 'Quantum AI'. Using deepfake videos of celebrity figures, Quantum AI peddles enticing investment offers on social media, this time on YouT…

Variants

A "variant" is an AI incident similar to a known case—it has the same causes, harms, and AI system. Instead of listing it separately, we group it under the first reported incident. Unlike other incidents, variants do not need to have been reported outside the AIID. Learn more from the research paper.
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