In Pittsburg, California, unsuspecting victims were duped into investing in 'Golden Eagles', falsely promoted by AI-generated videos featuring notable figures such as Donald Trump and Elon Musk. Promised returns for the collectible eagles, costing $59 each, reached exorbitant figures upwards of $110,000. Marine veteran Wesley Skelton, who spent $2,500 on the investment, believed he could become a millionaire. However, 'Golden Eagles' turned out to be worthless, with Bank of America disclaiming any connection to the scam, highlighting the risks of AI misinformation.
Marine Corp Veteran Wesley Skelton is dumping out $2,500 worth of Golden eagles along with what he thought were Trump silver coins. 'I thought I was going to make more than $35 million.'
A Bank of America spokesperson tells 7 On Your Side, 'It's a scam that Bank of America has nothing to do with.'
Skelton became aware of the project after watching what he now knows were fake, likely AI-generated videos of President Donald Trump.
'And I want to congratulate everyone who has already gotten their Trump golden eagles and exchanged them for a new future,' says the voice in one of the videos.
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