Severity major: A dentist in Tarlac handed over P93 million to people she believed were working with the president, a stated loss far above the 100k-10M USD band.
Earliest source we hold 2026-10-18
Scammers used an AI deepfake video of President Ferdinand Marcos Jr. endorsing an investment, plus gifts said to come from the president, to convince a dentist in Tarlac to hand over P93 million over about a year.
Risk grouping: Not yet classified
Before or after release
After release “OVER about a year, a dentist in Tarlac handed P93 million to people she believed were working with the president.”source
No source we hold states: who caused it, intended or not, the ai's part.
The story
1 · What it was doingScammers used an AI-generated deepfake video of President Ferdinand Marcos Jr. endorsing an investment, backed by gifts said to come from the president, to convince a dentist in Tarlac to invest.
2 · What went wrongThe video was fabricated: a deepfake impersonating the president to lend false credibility to a fraudulent investment scheme.
3 · What it reached or didThe victim handed over P93 million over about a year; two suspects were later arrested in Angeles City, Pampanga.
4 · What was doneTwo suspects were arrested in an entrapment operation at an Angeles City mall on a charge of estafa in relation to cybercrime.