Canadians are being aggressively targeted by Artificial Intelligence (AI) generated videos and images to invest in cryptocurrency scams, a W5 investigation has found. Some investors have lost their entire life savings by the time they realize it’s a scam. “I was heartbroken. Broken in pieces,” said a woman who W5 is naming Denise as she didn’t want to be identified after losing her life savings in a cryptocurrency scam. Denise, a 51-year-old woman from Markham, Ont., said she is devastated and embarrassed to have lost $1.7 million in a cryptocurrency scam after viewing a AI-generated video online. In July 2023, she saw a video on Facebook featuring billionaire Elon Musk claiming that by following his instructions, she could get rich fast. #ctv #ctvnews #news #breakingnews #watch #newstiktok #canada #w5
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