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Bank of Italy Issues Stern Warning Over Governor Panetta Deepfake Scams

WorldEuropeBank of Italy Issues Stern Warning Over Governor Panetta Deepfake Scams

The Bank of Italy has issued a critical alert regarding the proliferation of sophisticated deepfake scams that unlawfully use the image and name of its Governor, Fabio Panetta. These fabricated online materials, including videos and articles, falsely depict the Governor endorsing investment platforms and participating in media events, aiming to defraud unsuspecting individuals.

Artificial intelligence techniques, specifically deepfakes, are being employed to create highly realistic but entirely false content. These manipulated videos and articles are designed to appear credible, leveraging the authority and public recognition of Governor Panetta to instill trust and lure victims into deceptive financial transactions. The Bank of Italy has explicitly stated that none of the circulating content reflects reality or involves the Governor.

In response to this alarming trend, the Bank of Italy has taken decisive action by filing a formal complaint with the judicial authorities. This move aims to protect the public from potential financial fraud and to safeguard the institutional image of the central bank and its Governor. The primary concern is not only reputational damage but, more importantly, the protection of citizens from falling prey to these elaborate scams.

The Bank of Italy strongly advises the public to treat any suspicious messages attributed to the Governor with extreme caution. Individuals should refrain from responding to any requests made through such content and avoid sharing it further. Official communications from the Bank of Italy are exclusively published on its official website and its verified social media channels, including YouTube, X (formerly Twitter) profiles for the Bank and its Press Office, and LinkedIn. Vigilance and critical evaluation of online information are paramount in navigating the increasingly manipulated digital landscape.

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