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The Guardian - AU
The Guardian - AU
National
Kate Lyons

Scams promoted in fake news articles and deepfake videos cost Australians more than $8m last year

Samantha Kerr
A woman using a laptop as she holds a bank card
Scammers are using fake news articles and deepfake videos to convince people that celebrities are making huge sums of money online, when in fact it is a scam, the ACCC warns. Photograph: Tim Goode/PA

The federal government has warned consumers to beware of fake news articles and deepfake videos that endorse online investment trading platform scams, saying they cost Australians more than $8m last year.

The National Anti-Scam Centre said it had received more than 400 reports of these scams in 2023, including one that saw an Australian man lose $80,000 in cryptocurrency.

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