* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, August 4, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Go-to entertainment: why gaming was made for the toilet – The Guardian

    Why Gaming Is the Ultimate Way to Pass Time in the Bathroom

    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Sens. Blackburn, Warnock introduce CREATE Act to provide tax relief to music creators – Yahoo Home

    Sens. Blackburn and Warnock Launch CREATE Act to Deliver Tax Relief for Music Creators

    That’s (Political) Entertainment: When Theatre Meets Politics

    Future Script: How Generative AI Is Changing Collective Bargaining in the Entertainment Industry – Jackson Lewis

    Future Script: How Generative AI Is Transforming Collective Bargaining in Entertainment

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    Credo Technology: Wiring The AI Revolution (NASDAQ:CRDO) – Seeking Alpha

    Credo Technology: Driving the Next Wave of AI Innovation

    Microsoft Seeks to Extend Access to OpenAI Technology – PYMNTS.com

    Microsoft Aims to Broaden Access to OpenAI Technology

    Livonia police use grappler technology to stop drunk driver – ClickOnDetroit | WDIV Local 4

    Livonia Police Deploy Grappler Technology to Safely Stop Drunk Driver

    Emory orthopaedic surgeons use robotic technology to transform knee replacement surgery – Emory News Center

    How Robotic Technology is Revolutionizing Knee Replacement Surgery

    Cognizant Technology Solutions Corp (CTSH) Q2 2025 Earnings Call Highlights: Strong Revenue … – Yahoo.co

    Cognizant Q2 2025 Earnings: Impressive Revenue Growth and Key Takeaways

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Go-to entertainment: why gaming was made for the toilet – The Guardian

    Why Gaming Is the Ultimate Way to Pass Time in the Bathroom

    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Sens. Blackburn, Warnock introduce CREATE Act to provide tax relief to music creators – Yahoo Home

    Sens. Blackburn and Warnock Launch CREATE Act to Deliver Tax Relief for Music Creators

    That’s (Political) Entertainment: When Theatre Meets Politics

    Future Script: How Generative AI Is Changing Collective Bargaining in the Entertainment Industry – Jackson Lewis

    Future Script: How Generative AI Is Transforming Collective Bargaining in Entertainment

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    Credo Technology: Wiring The AI Revolution (NASDAQ:CRDO) – Seeking Alpha

    Credo Technology: Driving the Next Wave of AI Innovation

    Microsoft Seeks to Extend Access to OpenAI Technology – PYMNTS.com

    Microsoft Aims to Broaden Access to OpenAI Technology

    Livonia police use grappler technology to stop drunk driver – ClickOnDetroit | WDIV Local 4

    Livonia Police Deploy Grappler Technology to Safely Stop Drunk Driver

    Emory orthopaedic surgeons use robotic technology to transform knee replacement surgery – Emory News Center

    How Robotic Technology is Revolutionizing Knee Replacement Surgery

    Cognizant Technology Solutions Corp (CTSH) Q2 2025 Earnings Call Highlights: Strong Revenue … – Yahoo.co

    Cognizant Q2 2025 Earnings: Impressive Revenue Growth and Key Takeaways

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Millions lost by 150 investors who clicked on a deep fake “Elon Musk” ad…

February 27, 2024
in Business
Millions lost by 150 investors who clicked on a deep fake “Elon Musk” ad…
Share on FacebookShare on Twitter

One hundred and fifty (150) victims have come forward to report losses of millions of rands – after clicking on a deep-fake ad featuring Elon Musk. This after Advocate Petra van Niekerk blew the whistle in a recent interview with BizNews. She is now representing many of the victims – after she herself lost her life savings.  In this second interview, she reveals that one unlucky investor had lost R5,5-million. She relates the devastating impact on the victims, one of whom tried to kill herself after losing all her money. She also gives an update on the legal fight back, and has wise words of comfort for those who feel ashamed and embarrassed.

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

Watch here

Relevant timestamps from the interview

00:00 – Introduction
00:37 – How many victims have come forward?
00:46 – Amount lost by the victims
00:58 – Saddest stories from the victims
01:49 – Have the victims laid charges?
02:25 – The registered company allegedly behind the deepfake ads
04:17 – The next steps
05:29 – Other advice
09:32 – Conclusion

Listen here

Highlights from interview ___STEADY_PAYWALL___

One hundred and fifty (15) victims have come forward to report losses of millions of rands – after clicking on a deep-fake ad featuring Elon Musk.

This after Advocate Petra van Niekerk blew the whistle in a recent interview with BizNews.

She is now representing many of the victims – after she herself lost her life savings. 

In this second interview, she reveals that one unlucky investor lost R5,5-million.

Read more: FSCA-registered business scams via deep-fake ‘Elon Musk’, Rupert, Oppenheimer advert

Speaking about the devastating impact on the victims, Advocate van Niekerk says: “I’ve heard several very, very sad stories. The worst being that of pensioners who lost a part or all of their pensions. I also heard stories of people that had taken out loans on their houses or on their properties. Another person had actually sold a property and used the funds that they made from that sale, put it into this company thinking it was an investment and lost all of it. Another person, also…an old lady…she lost all her money and she attempted to commit suicide.”

Meanwhile, many of the victims have now made affidavits and laid criminal charges. “A lot of people are still in shock and are very traumatised by what happened to them. But more and more people are taking steps and making affidavits and opening criminal charges against this company.”

As for the vehement and repeated denials of any links to the false advertisement from the company the deep fake ad led investors to, she says: “I personally think that whatever this company says is absolute nonsense. From the start, people have been deceived. These are fraudsters. And I used to work in the criminal court for a number of months. And the criminals that I found were the worst and were the hardest to prosecute were fraudsters because they would deny everything….And usually how those fraudsters would get prosecuted was by the overwhelming evidence against them. And I see a similar pattern here, where there is overwhelming evidence against this company and they just barely deny any involvement in the false advertisements.

“And then on top of that… a financial forensic investigator, Mr. Bart Henderson, indicated that this company…can’t have their cake and eat it too. They were ultimately, the beneficiaries of a crime or they benefited from a crime and they benefited from the proceeds of a crime and this company ought to return all the money that they received due to people being lured to their platform as a result of false advertisements.”

Advocate Van Niekerk is urging more victims to come forward – and to inform others. “Some people that…fell victim to this particular scam have not yet informed other people. Everyone has a duty to warn other people, inform people to be wary that…false advertisements are being used, that AI is being used in false advertisements to promote false investment opportunities…”

Read more: 🔒 Deepfake tech means Zoom worries have gone from “are you on mute” to “are you real” – Parmy Olson

And she has these words of comfort for those who have already fallen victim: “I know how you feel and I also went through it and I also survived it and am surviving it and I’m still processing the trauma that happened to me, but there is hope…

“It is horrible, it is really horrible and it’s extremely traumatic and I don’t want anybody to go through the trauma that I went through or the experience that I went through. So please have the courage…to talk to somebody. 

“People have phoned me and they’ve told me that they feel alone, that they feel like they have nobody to talk to. There are people listening to this that do not even know that their parents have lost a part or all of their pension money. There are people that don’t know that your husband or your wife has lost money, or your children, or your neighbours, or your colleagues. This is a reality. This is happening in our country. And those people need your support. They don’t need your judgment. And I’d also like to urge people to not look down on anyone who has been the victim of fraud, because really it can happen to anyone.

“There’s nothing to feel ashamed about. There’s nothing to feel embarrassed about. But do not keep quiet. Do not keep silent because as I said, we all have a duty to inform others, to warn others so that this doesn’t happen to anybody else.”

Read also:

🔒 Facebook’s lax stance on deepfake audio sparks concerns ahead of elections: Parmy Olson
🔒 Social media battles deepfake menace ahead of a election-filled 2024: Parmy Olson
🔒 From Taylor Swift to Joe Biden: The threat of AI-generated deepfakes in the age of misinformation

Visited 274 times, 274 visit(s) today

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : BizNews – https://www.biznews.com/interviews/2024/02/26/millions-lost-deep-fake-elon-musk

Tags: businessInvestorsMillions
Previous Post

FAA closes investigation into explosive 2nd flight of SpaceX’s Starship megarocket

Next Post

Sean Ashton – Penny has dropped for SAs on global shares, now re-assess other investment myths

How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

August 4, 2025

Do You Really Need Electrolyte Drinks to Stay Hydrated? Here’s the Truth

August 4, 2025
New rule would expand tug escort requirements, reduce risk of oil spills in Puget Sound – Washington State Department of Ecology (.gov)

New Rule Strengthens Tug Escort Requirements to Drastically Reduce Oil Spill Risks in Puget Sound

August 4, 2025
100 years ago, scientists thought we’d be eating food made from air – Popular Science

A Century Ago, Scientists Predicted We’d Be Eating Food Made from Air

August 4, 2025
Maserati and Sparco Launch Lifestyle Capsule Inspired by Motorsport Heritage – stupidDOPE

Maserati and Sparco Launch Lifestyle Capsule Inspired by Motorsport Heritage – stupidDOPE

August 4, 2025
Fox News Flash top entertainment headlines of the week – Fox News

Top Entertainment Headlines You Can’t Miss This Week

August 4, 2025
How Is the Economy Doing Right Now? – NerdWallet

What’s Really Going On with the Economy Right Now?

August 4, 2025
Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

August 4, 2025
At Washington Health Care Authority, workers are warned of layoffs – Washington State Standard

Washington Health Care Authority Alerts Employees of Potential Layoffs

August 4, 2025
NYPD program allowed slain officer to moonlight as private security guard – Spectrum News NY1

NYPD program allowed slain officer to moonlight as private security guard – Spectrum News NY1

August 4, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (753)
  • Economy (778)
  • Entertainment (21,655)
  • General (16,275)
  • Health (9,815)
  • Lifestyle (786)
  • News (22,149)
  • People (777)
  • Politics (787)
  • Science (15,991)
  • Sports (21,274)
  • Technology (15,756)
  • World (759)

Recent News

How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

August 4, 2025

Do You Really Need Electrolyte Drinks to Stay Hydrated? Here’s the Truth

August 4, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version