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Caleb Naysmith

Warren Buffett Deep Fakes Are Being Used to Promote Investment Scams and Fake Political Endorsement As Billionaire Issues Stark Warning

Warren Buffett Berkshire Hathaway

Billionaire investor Warren Buffett has taken a definitive stand against the surge of deepfake scams and unauthorized endorsements circulating on social media. The 93-year-old chairman and CEO of Berkshire Hathaway recently released a statement on the company's website to address "numerous fraudulent claims" regarding his alleged support of investment products and political candidates.

The statement clarifies that Buffett does not currently, nor will he in the future, endorse any investment products or political candidates. This move comes amid a rise in impersonation attempts that have exploited advancements in artificial intelligence to create convincing but fraudulent content featuring public figures.

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