Deepfakes, boiler rooms, and bully tactics – The truth about FXSI: the scam targeting the BizNews tribe

Deepfakes, boiler rooms, and bully tactics – The truth about FXSI: the scam targeting the BizNews tribe

A fake Carte Blanche showdown between Alec Hogg and Cyril Ramaphosa was used to lure South Africans into an online trading scheme called FXSI. In this special BizNews feature, Alec’s Boardroom Talk warnings are combined with Kerry Lanaghan’s interview with an anonymous victim who lost R24,100 after being drawn in by the deepfake advert, pressured by so-called account managers, and later threatened with legal action. The story ends with FXSI’s la…