AI & Modern Scamsยท 5 min read

AI & Modern Scams

Deepfakes, voice cloning, AI chatbots โ€” the new frontier of fraud in South Africa.

AI tools can make scams look and sound convincing.

1. DEEPFAKE VIDEO ENDORSEMENTS A fake video may show a public figure or news presenter appearing to promote an investment or trading app. Glitches in a video are not a reliable way to spot a fake. Check the company on the FSCA register instead.

2. VOICE CLONING IMPERSONATION A caller may imitate someone you know and ask for urgent help. Verify the request using a separate channel, such as calling the person on their usual number. A family code word can also help confirm who you are speaking to.

3. AI-GENERATED "PROOF OF PAYMENT" A screenshot or message can be faked. Check your own banking app to confirm that money has arrived before handing over goods.

4. CHATBOT CUSTOMER SUPPORT A fake WhatsApp "support" account may use AI to sound convincing. Contact a company through its official app or website instead.

Defence checklist:

โœ… Verify urgent requests through another channel โœ… Check payments in your own banking app โœ… Check investment companies on the FSCA register โœ… Agree on a family code word for emergencies