An Ontario man who was persuaded to invest $11,000 USD in a platform after seeing a video of what appeared to be Prime Minister Justin Trudeau and Elon Musk endorsing the platform said he was shocked to find it was all a scam — and that the video had been a deepfake.
An Ontario man who was persuaded to invest $11,000 USD in a platform after seeing a video of what appeared to be Prime Minister Justin Trudeau and Elon Musk endorsing the platform said he was shocked to find it was all a scam — and that the video had been a deepfake
John said he thought the videos were real and that he contacted the investment platform. He said he was encouraged to start with a $250 investment and that it appeared he was making money. Karen McGuinness, the head of the office of the investor of IIROC told CTV News Toronto that investors need to do their due diligence and research before giving money to anyone, making sure to check the background and licencing of the advisor.
"Check their background, their experience, what are they licensed to trade in, [and] who are they employed by," she continued.“I’m a semi-retired guy and I don't have very much money," he said. "I make minimum wage and this hurts, not knowing that this thing was a complete scam.”
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