Deepfakes And Investment Scams: Why Are Scams So Hard To Fight? | Talking Point
By CNA Insider
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As scammers continue to adapt their tactics, how can we fight an industry that keeps evolving? Talking Point investigates. In June this year, a fake news article surfaced online showing Talking Point host Steven Chia with a bloody nose after a supposed on-air fight with DBS CEO Tan Su Shan. But the story was entirely fabricated — bait designed to lure readers into a fraudulent investment scheme. Investment scams caused the highest losses of any scam type in Singapore in 2025, costing victims S$336.2 million. And the threat remains significant: in the first half of 2026 alone, victims lost another S$169.8 million to investment scams. Talking Point investigates how these scams work, from fake investment groups and deepfake videos to cryptocurrency platforms designed to keep victims’ money. We meet two people who lost their savings and speaks to experts about why the syndicates behind these scams are so difficult to track and stop. 00:00 Introduction 00:57 How the fake investment pit
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