MGM China Holdings Limited has issued an urgent statement following the circulation of a fraudulent deepfake video that impersonates its Chairperson and Executive Director, Pansy Ho. The manipulated footage falsely portrays Ho as promoting a fabricated investment scheme, luring viewers with unrealistic promises of massive financial returns.
AI-Generated Video Sparks Concern
The video, produced with artificial intelligence, attempts to deceive audiences by imitating Ho’s appearance and voice to endorse a fictitious plan that guarantees “hundredfold returns.” MGM China confirmed that neither the company nor Ho has any connection to the scheme, stressing that they have never authorised, supported, or participated in such activity.
In its statement, the operator made its stance clear: “MGM China reiterates that neither the Company nor Ms Pansy Ho has at any time been involved in, authorized or endorsed the purported investment plan featured in the deepfake video.”
The company further underlined that the video was not created or distributed by either the business or its leadership, describing the content as entirely fraudulent and misleading.
MGM China sharply criticised the impersonation, calling it an act of misrepresentation intended to exploit its reputation and Ho’s public profile. The company emphasised that it “condemns these acts of impersonation and misrepresentation in the strongest terms and reserves all legal rights against the parties involved, to protect our rights and interests.”
Management has also pledged to pursue legal avenues against those behind the scam, noting that the fraudulent use of AI to create convincing but false media poses serious reputational and financial risks to both individuals and corporations.
Public Advisory and Call for Vigilance
To safeguard potential victims, MGM China has urged the public and media outlets to remain cautious and to verify any information through the company’s recognised communication channels. The operator warned against sharing or acting on the deceptive video, highlighting the danger of legal and financial consequences for those who might engage with the scam.
The company noted: “MGM China cautions the public and the media to exercise the utmost vigilance and verify information through official channels. The Company advises against believing in or disseminating such fraudulent content to avoid potential legal and financial consequences.”
The group also reinforced its longstanding commitment to lawful operations, reiterating that all legitimate updates and statements are issued solely through its official platforms.
In a final appeal, MGM China called for an immediate stop to the spread of the video and any related claims. As published in the company’s press release, the company made clear that curbing the circulation of such fraudulent material is essential to protect the public from falling victim to scams and to prevent further damage to its brand and leadership.
