$5.6m stolen in FTX debt claims fraud
A scam group posing as FTX debt claimants defrauded two companies of more than $5.6 million, according to a new report from Inca Digital.
The perpetrators allegedly used AI-generated identities and unauthorized access to bankruptcy records to execute the scheme.
The report identifies the likely culprit as an individual or group operating under two aliases: Lim Chee Chong and Teh Jin Loon.
Inca Digital found that the scammer likely manipulated facial appearances using AI tools and provided fake Singaporean ID cards with visual discrepancies.
The perpetrators’ photos closely resembled images of Kurtis Lau Wai-kin, a former professional gamer currently imprisoned for drug trafficking.
