{"meta":{"exportedAt":"2026-09-30T06:32:30.977Z","formatVersion":2,"selection":{"q":"toronto","system":"","harm":"","context":"","country":"","role":"","relation":"core","evidence":"","year":"2025","response":"","severity":"","verification":"","view":"incidents","sort":"added"},"totalIncidents":1,"coverage":{"cases":1,"countries":0,"languages":1,"unknownLocation":1,"locationPending":0,"unknownLanguage":0,"unknownDate":0,"lawsuits":0,"regulatory":0,"minors":0,"coreRelations":1,"contextualRelations":0,"mixedRelations":0,"unknownRelations":0,"relationPending":0,"relationUnknown":0},"countingNote":"Distinct public cases in this selection. People counts apply within individual cases only; cross-case person overlap has not been resolved. No population incidence estimate.","affectedCountNote":"Interpret person counts with affectedCountStatus and the reported effects. Unquantified zeros are placeholders, not a measured zero.","source":"AI incidents","publisher":"NOPE","url":"https://nope.net/incidents","license":"CC BY 4.0"},"incidents":[{"id":"2025-david-rosenberg-reported-ai-impersonation-ads-whatsapp-investment-scam","caseFacts":{"claims":[{"id":"c1","status":"reported","evidence":[{"locator":"ads appearing on Facebook and Instagram as early as March have promoted a fake investment program falsely listing him as its administrator.","relation":"supports","source_id":"s1"},{"locator":"The ads falsely claimed that the economist was the administrator of an investment scheme.","relation":"supports","source_id":"s2"},{"locator":"Mr. Rosenberg said all the investors were lured in by professional-looking ads posted to social media, which then redirected them to a WhatsApp group.","relation":"supports","source_id":"s1"}],"assertion":"David Rosenberg said that ads on Facebook and Instagram as early as March 2025 promoted a fake investment program falsely listing him as its administrator, and that people were directed to a WhatsApp group.","causal_attribution":"Rests on Rosenberg's account to The Globe and Mail, repeated by BrokersView."},{"id":"c2","status":"reported","evidence":[{"locator":"It’s the perils and pitfalls of AI technology","relation":"supports","source_id":"s3"},{"locator":"They’re having me on screen with my voice, which is purely fake","relation":"supports","source_id":"s3"},{"locator":"They are pretending to be me in print, picture, video on different social media","relation":"supports","source_id":"s3"},{"locator":"The image, taken from our article , was used to create a deepfake of him encouraging investors to join a bogus investment group promising “130 per cent + returns.”","relation":"supports","source_id":"s4"}],"assertion":"Rosenberg said the scammers used AI to impersonate him, including a fake voice and video, and a Globe and Mail columnist described a deepfake video advert of him.","causal_attribution":"The AI characterisation comes from Rosenberg's interview and the columnist's description of an advert the Globe newsroom became aware of days after its June article. The 18 June Globe article does not mention AI. It is not established that the ads seen by the investors below were AI-generated."},{"id":"c3","status":"reported","evidence":[{"locator":"After being added to a WhatsApp group called (03) Rosenberg Investment Strategy","relation":"supports","source_id":"s1"},{"locator":"estimated losing $16,000 over the course of the scam.","relation":"supports","source_id":"s1"},{"locator":"an administrator of the group pretending to be David Rosenberg","relation":"supports","source_id":"s1"}],"assertion":"An investor interviewed by The Globe and Mail estimated losing $16,000 after joining a WhatsApp group called \"(03) Rosenberg Investment Strategy\" in which an administrator pretended to be Rosenberg.","causal_attribution":"Self-reported loss in an interview. The investor is not named in public fields. Whether the ad this investor saw was AI-generated is not stated."},{"id":"c4","status":"reported","evidence":[{"locator":"One investor said she lost half a million dollars in just one week after clicking on an ad on Facebook and joining the WhatsApp group.","relation":"supports","source_id":"s1"},{"locator":"In addition, a female victim lost $500,000 in a week.","relation":"supports","source_id":"s2"}],"assertion":"The Globe and Mail reported that another investor said the loss was half a million dollars in one week after clicking a Facebook ad and joining the WhatsApp group.","causal_attribution":"The Globe interviewed the investor and did not name her. BrokersView repeats the Globe report without independent sourcing. The amount is the investor's statement and is not verified."},{"id":"c5","status":"reported","evidence":[{"locator":"Another victim alleged that he lost his life savings of $450,000 after falling for the scam.","relation":"supports","source_id":"s1"}],"assertion":"The Globe and Mail reported that another victim alleged a loss of $450,000 in life savings and wrote so to Rosenberg Research.","causal_attribution":"Allegation in an e-mail to Rosenberg Research relayed by the Globe. Not verified."},{"id":"c6","status":"reported","evidence":[{"locator":"a sum Mr. Rosenberg said he believes exceeds $1-million, though the total amount is unknown.","relation":"supports","source_id":"s1"},{"locator":"I think we’ve estimated that at least $5 million has been siphoned off from what they are doing to me","relation":"supports","source_id":"s3"}],"assertion":"Rosenberg estimated total losses of more than $1 million (Globe, 18 June 2025) and at least $5 million (BNN Bloomberg, 7 July 2025); the Globe said the total is unknown.","causal_attribution":"Estimates by Rosenberg. They are not counts of people and are not adopted as totals."},{"id":"c7","status":"reported","evidence":[{"locator":"tried unsuccessfully to stop the fraud by reporting it to authorities, including the local police and the Canadian Anti-Fraud Centre","relation":"supports","source_id":"s1"},{"locator":"We haven’t had any victims report it","relation":"supports","source_id":"s1"},{"locator":"Meta is not taking down these advertisements","relation":"supports","source_id":"s3"}],"assertion":"Rosenberg said he and his family reported the fraud to police, the Canadian Anti-Fraud Centre and Meta without result, and a Toronto police detective said no victim had reported it to police.","causal_attribution":"Statements by Rosenberg and by a Toronto police detective, as relayed by outlets. The detective's statement says only that no victim had reported to police at that time."}],"effects":[{"label":"Investors reported financial losses after social media ads using the economist's name directed them to a WhatsApp investment group in which an administrator pretended to be the economist","claim_id":"c3","direction":"negative"},{"label":"Economist impersonated in investment ads and, according to the economist, in AI-made voice, picture and video, and said the scam was operating in the economist's name","claim_id":"c2","direction":"negative"}],"sources":[{"id":"s1","url":"https://www.theglobeandmail.com/investing/personal-finance/article-david-rosenberg-says-pump-and-dump-scam-using-his-name-bilked-victims/","kind":"news_report","access":"read","language":"en","translation_note":"","independence_group":"rosenberg-account-globe-jun-2025"},{"id":"s2","url":"https://www.brokersview.com/news/fraudulent-ads-posing-as-renowned-economist-david-rosenberg-offer-bogus-investment-schemes-262890","kind":"trade_press","access":"read","language":"en","translation_note":"Derived from the Globe and Mail article of 18 June 2025.","independence_group":"rosenberg-account-globe-jun-2025"},{"id":"s3","url":"https://www.bnnbloomberg.ca/investing/2025/07/07/pitfalls-of-ai-technology-rosenberg-speaks-out-on-financial-scam-using-his-likeness/","kind":"news_report","access":"read","language":"en","translation_note":"","independence_group":"rosenberg-bnn-interview-jul-2025"},{"id":"s4","url":"https://www.theglobeandmail.com/investing/personal-finance/article-david-rosenberg-style-scams-are-spreading-but-we-cant-blame-investors/","kind":"news_report","access":"read","language":"en","translation_note":"","independence_group":"globe-columnist-observation-jul-2025"}],"version":1,"ai_roles":["others_use"],"contexts":["finance","everyday_life"],"unknowns":["The three losses ($16,000, $500,000, $450,000) are self-reported and unverified. No investor has filed a police complaint according to the Toronto police detective quoted on 18 June 2025.","It is not established that the ads the investors saw were AI-generated. The AI descriptions are from Rosenberg and a Globe columnist later in July 2025.","BNN Bloomberg says victims \"followed advice in videos recommending stocks on social media platforms\". That is BNN's paraphrase and does not say the videos were AI-made.","The scam started in March 2025 per Rosenberg and continued into July 2025 (BNN Bloomberg, 7 July). No end date is reported.","Rosenberg's total estimates ($1 million, then $5 million) are unquantified and no count of victims is given beyond \"dozens\" of people reported to have contacted Rosenberg Research.","The Globe did not name the investors reporting the $500,000 and $450,000 losses because they raised safety and reputation concerns. The investor reporting $16,000 is named by the Globe and is not named here.","The AIID entry also refers to other impersonation cases discussed in a separate Globe article of 22 June 2025 (not cited here). Those are separate events."],"geography":{"basis":"The inspected articles mention Toronto police and the Canadian Anti-Fraud Centre in relation to reports, but do not state where the ads were shown or where the investors live. No country is inferred from the outlet, the police force or the speaker. No court proceeding is reported.","court_countries":[],"event_countries":[],"affected_person_countries":[]},"publication":{"basis":"The Globe and Mail (18 June 2025), BrokersView (derived), BNN Bloomberg (7 July 2025) and a Globe and Mail column (17 July 2025). The economist spoke publicly under his own name and is named. The investors are not named. Investor losses and the AI characterisation are reported and unverified. Four persons are counted as a documented minimum.","reviewed_on":"2026-09-29"},"ai_involvement":{"basis":"Rosenberg told BNN Bloomberg that the voice and video used to impersonate him were fake and AI-generated, and a Globe and Mail column of 17 July 2025 describes a deepfake video advert of him. The 18 June Globe article about the investors does not mention AI, so AI involvement in the ads the investors saw is not established.","status":"reported"},"person_relations":["depicted_or_impersonated"]},"name":"Economist David Rosenberg reports impersonation in Facebook and Instagram ads that directed investors to a WhatsApp investment scam","summary":"Economist David Rosenberg told The Globe and Mail (18 June 2025) that ads on Facebook and Instagram since March 2025 promoted a fake investment program listing him as its administrator and redirected people to a WhatsApp group. The Globe reported that one investor interviewed estimated losing $16,000, another said she lost $500,000 in a week, and a third alleged losing $450,000 in life savings. Rosenberg told BNN Bloomberg on 7 July 2025 that the scammers used a fake AI voice and video of him, and a Globe column of 17 July 2025 described a deepfake video advert. Losses are self-reported and unverified. The AI characterisation comes from Rosenberg and a July Globe column, and the June Globe article on the investors does not mention AI. A Toronto police detective said no victim had reported to police.","incidentDate":"2025-03-01","incidentKind":"bounded_series","incidentDatePrecision":"month","exposurePattern":"unknown","reportedDate":"2025-06-18","aiSystem":"Unspecified AI voice and video generation tools (reported by Rosenberg, not identified)","aiProduct":"Unidentified video tool","severity":"medium","verificationStatus":"unverified","harmCategories":[],"harmOutcomes":["financial_loss"],"harmOutcomeSummary":"The Globe and Mail reports self-reported losses of $16,000, $500,000 and $450,000 by three investors who joined a WhatsApp group promoted through ads using Rosenberg's name. Rosenberg estimated larger totals. None of the amounts is verified.","frameworkFacets":[],"causationStatus":"alleged","participantUsersAffectedMin":0,"otherPeopleHarmedMin":4,"affectedCountStatus":"documented_minimum","affectedCountEvidence":"Four persons counted: the three investors whose losses are reported in the Globe article (two interviewed by the Globe, one by e-mail to Rosenberg Research) and Rosenberg, who is impersonated. Rosenberg's \"dozens\" of contacts and his loss estimates are not counted because they do not identify harmed persons.","victimAgeRange":"adult","platformType":"other","primarySourceUrl":"https://www.theglobeandmail.com/investing/personal-finance/article-david-rosenberg-says-pump-and-dump-scam-using-his-name-bilked-victims/","primarySourceLabel":"The Globe and Mail, 18 June 2025","firstPublishedAt":"2026-09-29T14:02:48.434404+00:00","updatedAt":"2026-09-30T01:17:00.559119+00:00","scopeVersion":"facts-v3","tags":["historical-2025"]}]}