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Alan Kohler among public figures most impersonated in investment scams | The Business | ABC NEWS


Scammers are using impersonations of celebrities, politicians and trusted public figures to promote fake investment schemes, with the corporate watchdog warning AI is making the practice increasingly common, sophisticated and harder to detect. A report by ASIC has highlighted a “sharp rise” in deepfake videos, where scammers trick victims into putting money into bogus investment platforms and websites. ASIC said it has removed 19,478 scams in the past financial year, up 182 per cent on the previous year. The scams usually involve AI deepfakes of well-known finance or political personalities on social media, which take victims to fake news websites as “social proof” before funnelling people to dodgy investment websites. Among the most impersonated faces in these scams were Prime Minister Anthony Albanese, Opposition Leader Angus Taylor, billionaire Gina Rinehart, the late broadcaster John Laws, economist Stephen Koukoulas, Senator Pauline Hanson, and the ABC’s own Alan Kohler. Australians lost more than $2 billion to scams in 2025, with investment scams accounting for $837.7m according to the latest report from the National Anti-Scam Centre. #ABCBusiness
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Read more here: https://www.abc.net.au/news/2026-08-17/asic-ai-powered-impersonation-scams-warning-alan-kohler/107038256

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