On March 17th, the Prime Minister of Singapore, Lee Hsien Loong, warned the residents of Singapore to be wary of a cryptocurrency scam masquerading as him. In what appears to be the first ever reported case of deepfake crypto scam in the country, an email with Lee’s face on it promotes a cryptocurrency investment scheme to unsuspecting recipients. The email, which falsely claims to be sent from the Prime Minister’s Office, promised high returns from a cryptocurrency investment. The Prime Minister has since taken to his official Facebook page to make a public service announcement warning Singaporeans to stay away from the scam. He further urged citizens to be vigilant against such scams and to report any suspicious activities to the authorities.
