Deepfake Elon and the Quantum AI Scam

An “investment offer” is making the rounds of global social media presented by an Elon Musk avatar — and as soon as it is outed in one place, it pops up in another

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In a troubling trend that underscores the growing sophistication of online fraud, a scam called Quantum AI is making waves across global social media platforms. It is not a “new scam” as much as it is continuing to enter new markets, apparently on a revolving basis. In December 2024, it was posted on Linked In, via cannabis investment networks. It is also possible to find different variations of the site, and the offer, in multiple languages online, well optimized for SEO.

Exploiting the likeness of Elon Musk — Tesla CEO and tech visionary — the scam falsely promotes a revolutionary investment platform purported to generate significant returns using artificial intelligence. So far, regulators in Hong Kong and Australia have issued a formal warning (in May), but this is clearly a global scam that is entering different countries and online networks, one after another. As these fraudulent schemes gain momentum, they highlight the urgent need for robust international measures to curb cybercriminal activity.

Lars Olofsson, a Swedish attorney and scam litigator based in the UK said, “the fact that this scam has…