AI scam using Ramaphosa deepfake targets South Africans with false investment promises
A sophisticated online scam leveraging artificial intelligence has emerged in South Africa, falsely using the likeness of President Cyril Ramaphosa and billionaire Johann Rupert to promote a high-return investment scheme. The fraudulent operation centres on a platform branded as the “Wealthicator project,” which promises users returns of up to R250,000 from an initial deposit of…
