AKD Securities warns of deepfake scam impersonating Dhedhi, Hina Junaid

AKD Securities Limited has cautioned investors about AI-generated and deepfake videos that falsely use the likeness of AKD Group Chairman Aqeel Karim Dhedhi and company Chairperson Hina Junaid. According to Business Recorder, the brokerage informed the Pakistan Stock Exchange on Monday that such content is being used to collect money for unauthorised investment plans and share-market advice. Fake profiles and pages, including some on Facebook, have been set up in the names of the two individuals, borrowing their images and voices.

The firm said it lodged a complaint with the National Cyber Crime Investigation Agency (NCCIA) on September 16, requesting an inquiry, a case against those responsible, and the takedown or blocking of the material. It also said it is pursuing every legal option against the people behind the fraud. AKD Securities stated plainly that it, its chairman, its chairperson and the wider group have no link to the accounts, callers, websites or applications promoting such schemes.