A Florida man, Jeffrey Moynihan Jr., scammed an older woman out of $250,000 by impersonating Elon Musk on Facebook, highlighting the dangers of online scams.
The scam involved Moynihan convincing the victim to invest in his fictitious business with promises of exorbitant returns, instead diverting funds to his own accounts.
This incident underscores the increasing prevalence of scams utilizing celebrity identities, with Musk's name being notably exploited for financial fraud schemes.
Authorities have noticed a trend of deepfake technology being used to create convincing impersonations, further complicating the landscape of online scams that target vulnerable individuals.
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