On a small scale, deepfakes could involve any number of fraudulent activities. Cyber criminals could use voice conversion technology to pose as someone else and ask for a money transfer over the phone, for example, even possibly tricking voiceprint recognition and authentication systems. This actually happened to a CEO of a British energy firm, who was tricked out of nearly $$250,000$ by an audio deepfake when the head of his parent company requested an emergency fund transfer.

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