00:00The public has been urged to stay vigilant against the emergence of artificial intelligence, AI,
00:07generated videos and images that falsely depict royalty, politicians and prominent figures endorsing investment schemes.
00:14MCA Public Services and Complaints Department head Datuk Sri Michael Chong said on Friday
00:19that scammers are exploiting increasingly sophisticated and creative AI technology, victimizing people daily.
00:30According to this scammer, Maybank is giving up very big, what you call it, the commission.
00:39They're giving very high interest and very high commission.
00:43So they ask a lot of Maybank people to go to Maybank to invest.
00:49But all these things are all scammers.
00:52Even now, this Minister of Domestic Affairs, he made this statement, actually they're all AI.
01:00Chong said the scams often promise guaranteed returns with a minimum investment of 1,001 ringgit.
01:05But victims can end up losing as much as 100,000 ringgit.
01:09Despite our warning to the public, all these are scams, scams, scams.
01:15It informed the MCMC to do something to stop it.
01:20MCMC also have done their best, but just cannot stop.
01:25This scam is keep on coming.
01:27He said recovering lost money is extremely difficult, even after complaints are lodged with his department.
01:34Chong also warned that some scammers pose as legal representatives offering to help victims recover their funds,
01:40only to scam them again, stressing that lawyers are not allowed to advertise their services.
01:45He urged the public, especially the elderly, who are more vulnerable,
01:50to remain vigilant and skeptical of investment offers promoted through AI-generated videos.
01:55Thank you, and I want to burn your trust.
01:57I respect you.
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