AI-Generated Deepfake Video of António Horta Osório Used in Investment Scam

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AI-generated deepfake videos featuring Portuguese banker António Horta Osório were circulated on social media, falsely depicting him promoting fraudulent investment schemes. The manipulated content, designed to appear as credible news, aimed to deceive users into sharing personal data or transferring money, highlighting the growing misuse of AI for sophisticated scams in Portugal.[AI generated]

Why's our monitor labelling this an incident or hazard?

The article explicitly mentions the use of AI to manipulate video and audio to create a credible but fake promotional video, which is a direct misuse of AI technology leading to harm by attempting to defraud individuals. This constitutes an AI Incident because the AI system's use has directly led to harm in the form of fraud attempts and potential financial loss to victims.[AI generated]
AI principles
AccountabilityTransparency & explainability

Industries
Media, social platforms, and marketingFinancial and insurance services

Affected stakeholders
Consumers

Harm types
Economic/PropertyReputationalHuman or fundamental rights

Severity
AI incident

AI system task:
Content generation


Articles about this incident or hazard

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Imagem de António Horta Osório usada em vídeo fraudulento - 24 Notícias

2026-03-27
24 Notícias
Why's our monitor labelling this an incident or hazard?
The article explicitly mentions the use of AI to manipulate video and audio to create a credible but fake promotional video, which is a direct misuse of AI technology leading to harm by attempting to defraud individuals. This constitutes an AI Incident because the AI system's use has directly led to harm in the form of fraud attempts and potential financial loss to victims.
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Imagem de António Horta Osório usada em vídeo fraudulento

2026-03-27
SAPO
Why's our monitor labelling this an incident or hazard?
The event explicitly involves AI systems used to create a deepfake video manipulating the image and voice of a public figure to promote a fraudulent investment. This misuse of AI has directly caused harm by enabling scams and deception, which falls under harm to communities and individuals (financial harm and fraud). Therefore, it meets the criteria for an AI Incident as the AI system's use has directly led to harm.
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Vídeo falso com imagem de António Horta Osório circula nas redes sociais

2026-03-26
Notícias ao Minuto
Why's our monitor labelling this an incident or hazard?
The event explicitly mentions a manipulated video that simulates a news piece but is false, created with increasingly sophisticated techniques, which strongly implies the use of AI-based deepfake technology. The harm includes misinformation, fraud, and violation of the individual's rights, which are realized harms. Therefore, this is an AI Incident due to the direct involvement of AI-generated manipulated content causing harm to individuals and communities.
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Vídeo de António Horta Osório a promover investimentos é verdadeiro? A SIC Verifica

2026-03-27
SIC Notícias
Why's our monitor labelling this an incident or hazard?
The video is a manipulated AI-generated or digitally altered content falsely using a person's image to promote fraudulent investments. While this involves AI technology in content manipulation, the article's main focus is on exposing the fraud and warning the public, not on an AI incident causing harm or a hazard with plausible future harm. There is no direct or indirect harm caused by the AI system's use or malfunction reported here, only the existence of manipulated content. Therefore, this is Complementary Information providing context and warnings about AI misuse rather than a new AI Incident or Hazard.
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Vídeo fraudulento com António Horta Osório circula no Facebook

2026-03-26
Sapo - Portugal Online!
Why's our monitor labelling this an incident or hazard?
The event involves the use of AI systems to create manipulated video content (deepfake) that directly leads to harm by facilitating fraud and deception targeting individuals. The AI system's use in generating realistic fake videos that mislead users and cause financial and reputational harm fits the definition of an AI Incident, as the harm to individuals and communities is occurring due to the AI-generated content.