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🕵️Deepfake IDs: A Radically Disruptive AI

Plus: Hong Kong company scammed US$25.6 million!💰

Hello! It’s Thursday.

It is clear that AI-based tools that generate fake IDs and video deepfakes are going to pose a real fraud problem for government agencies, financial institutions and other companies.

U.S. Senator Ron Wyden

🕵️Deepfake IDs: A Radically Disruptive AI

For only US$15, the underground website OnlyFake is generating fake identities that is radically facilitating bank fraud, identity theft and money laundering.

The ID above, is a highly convincing driver’s license complete with an arbitrary name, biographical information, address, expiration date and signature. The AI platform even produced a picture of the ID placed on a rug as if a real person took a picture of their personal ID placed on the floor; which is a required process for many digital verification purposes.

To create the ID, information required to appear on the ID is provided. A photo is uploaded and a signature is created with the name on the ID which can be displayed with scribbles and initials.

The next step?

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