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FSCA’s Immediate Matrix warning - Deep fake Elon Musk videos lead to a licensed FSP.


This week, the Financial Sector Conduct Authority (FSCA) issued a statement to warn the public to “be cautious” when dealing with an outfit called Immediate Matrix.

“It has come to the attention of the FSCA that Immediate Matrix may be providing financial services to members of the public without being authorised to do so.

“Immediate Matrix has used images of well-known individuals, such as Mr Elon Musk and Mr Patrice Motsepe, as part of its advertising and marketing campaign. The FSCA suspects that Immediate Matrix is using the images of these well-known personalities without their consent [a so-called deep fake],” according to the FSCA statement.

 * Read the full article over at MoneyWeb.


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