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Deepfake Celebrity Investment Ad Scam

investment fraud

Social media ads use deepfake videos of South African celebrities and business figures promoting a fake investment platform. Victims sign up and deposit money, but the platform is a scam.

Known Contact Details

Social Media

@insta_scam_19

Website

https://reward-sa.org

How They Request Payment

Bank Transfer (EFT)

Victims asked to deposit into an account held at Absa or a fake "safe account".

Cryptocurrency

Funds moved via EasyCrypto wallet or USDT transfer to an external wallet.

Common Targets

self-employed

Western Cape

2 reported
How This Scam Works

Deepfake celebrity endorsement → fake platform → victim deposits → funds stolen.

Reported Locations
East London, Eastern Cape, South AfricaUpington, Northern Cape, South Africa
2 reports
Est. R 64 908 lost
First reported 24 April 2024
Last reported 25 April 2026
deepfakecelebrityinvestmentreport

This happened to me

2 people experienced this

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