Fake bank ads on Instagram scam victims out of money
Malwarebytes
JUNE 18, 2025
Ads on Instagram—including deepfake videos—are impersonating trusted financial institutions like Bank of Montreal (BMO) and EQ Bank (Equitable Bank) in order to scam people, according to BleepingComputer. There are some variations in how the scammers approach this. Some use Artificial Intelligence (AI) to create deepfake videos aimed at gathering personal information, while others link to typosquatted domains that not just look the same but also have very similar domain names as the impersonated
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