In this episode, **Robert Loft **and Haley Hanson unpack the shocking story of a Hong Kong fraud ring that used deepfake face-swapping tech to scam victims out of $46 million. With 27 arrests, including university graduates lured into the operation, this scam created AI-generated personas to dupe people into fake cryptocurrency investments. We explore how scammers used deepfakes to manipulate video calls and gain victims' trust, and the growing threat of AI in organized crime. Tune in as we dive into the risks of cyber fraud and what this means for privacy and security in the digital age.