Fraudsters Use Not Only Celebrities' Names: Claims an Engineer Created an Investment Scheme
Lithuanian entrepreneur Viktoras Voroncovas has been targeted by fraudsters who created a fake video using AI to draw investors into a scam, undermining his reputation.
Viktoras Voroncovas, a businessman who has built a career in Lithuania after moving from Russia's Kaliningrad region in 2004, has become a target for fraudsters exploiting his name. Known for his leadership in the scaffolding company Layher Baltic, he has actively participated in discussions regarding community integration and the experiences of living in Lithuania, earning him a prominent public profile.
Recently, Voroncovas' public recognition made him vulnerable to scams; a fabricated video featuring him emerged on social media, purportedly calling on investors to join a deceitful investment scheme. The video was created using artificial intelligence technology, which exemplifies the new techniques used by scammers to manipulate public perception and deceive potential victims.
This incident highlights the broader issue of online fraud and misinformation, particularly the use of technology to create convincing but false narratives. Voroncovas' experience serves as a cautionary tale for other public figures and underscores the need for vigilance in the digital age, where personal reputations can be easily tarnished by malicious actors.