HK firm scammed of RM120mil after employee duped by video call with deepfake of CFO

The South China Morning Post said the case was the first of its kind in Hong Kong. - PHOTO: REUTERS

HONG KONG: A multi-national company was scammed of HK$200 million (RM120 million / S$34 million) after an employee in Hong Kong attended a video conference call with deepfake recreations of the company’s chief financial officer and other employees.

The South China Morning Post reported on Feb 4 that the case was the first of its kind in Hong Kong, but local police did not name the company or its employees involved.