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AI-Generated Fake Jagmeet Singh Ads Fuel Multi-Million Dollar Investment Scam Targeting Canadians

October 27, 2026 at 07:03 EDT

Security
AI Agents
Policy & Regulation

Elaborate deepfake advertising campaign featuring AI-generated images of NDP leader Jagmeet Singh is being weaponized to lure Canadians into an international investment fraud scheme, with authorities reporting $351 million in investment fraud losses across the country in 2025 alone.

October 2026 · AI Security

Deepfake Jagmeet Singh Scam Hits Canadian Investors

AI-generated political ads redirect victims to fake news articles, draining accounts through fraudulent investment platforms.

$351M

Investment fraud losses reported in Canada (2025)

8,000+

Canadian victims identified in one investigation

12 days

Age of fraudulent domain when deployed

How the Scam Works

Fake AI ads on X featuring deepfake images of Jagmeet Singh

Counterfeit CBC articles claim Singh was arrested promoting "Groman Pro"

Victims deposit funds into fraudulent platform ($350 minimum)

Scammers demand fees for withdrawal verification and taxes

Estimated vs. Reported Losses

1×

$351M
Reported

$1.75B–$3.5B
Estimated (5–10×)

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