Ekniti warns against fraudulent investment and loan apps

Matichon•Politics•19m ago

Reader Briefing

Deputy Prime Minister and Minister of Finance Ekniti Nitithanprapas warns the public against fraudulent loan and investment applications using AI-generated imagery.

•Ekniti Nitithanprapas warned against apps pretending to be endorsed by the Ministry of Finance.
•The warning was issued on November 13 at Government House.
•Fraudulent apps have used AI to impersonate the face of Ekniti Nitithanprapas and the Ministry of Finance logo.
•All financial applications must be reviewed and approved by the Bank of Thailand.

Overview

•Ekniti Nitithanprapas gave an interview at Government House at 13:00 on November 13.
•Ekniti Nitithanprapas confirmed the Ministry of Finance has never endorsed these fraudulent applications.
•Ekniti Nitithanprapas urged the public not to believe investment invitations even if they feature his own face, as his image was used in AI advertisements.
•Ekniti Nitithanprapas reported the misuse of his face for fraudulent purposes as a private citizen.
•The Bank of Thailand is prioritizing the issue and has discussed protection systems for Thai people with the Thai Bankers' Association.
•Ekniti Nitithanprapas noted that AI technology allows for the creation of highly realistic fake faces and voices, making deception easier.
•Ekniti Nitithanprapas stated that all financial applications must pass Bank of Thailand consideration and comply with the law.

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Source: Matichon (Original)

Key Quotes

Ekniti Nitithanprapas

"The development of deception has increased significantly, including fake faces, fake voices, and the use of AI, which has both benefits and drawbacks that make it easier to deceive people; therefore, we must keep pace."

พัฒนาการด้านการหลอกลวงเยอะขึ้นมาก ทั้งการปลอมหน้าปลอมเสียง และการใช้ AI ซึ่งมีทั้งประโยชน์และผลเสียที่นำไปหลอกลวงคนได้ง่ายขึ้น จึงต้องพัฒนาให้ทัน

Key Entities

Person

Ekniti Nitithanprapas(เอกนิติ นิติทัณฑ์ประภาศ)ℹ️

Deputy Prime Minister and Minister of Finance who warned the public about fraudulent investment apps.

Organization

Ministry of Finance(กระทรวงการคลัง)ℹ️

A government ministry whose logo has been misappropriated by fraudulent applications.

Bank of Thailand(ธนาคารแห่งประเทศไทย)ℹ️

The authority responsible for reviewing and approving financial applications.

Thai Bankers' Association(สมาคมธนาคารไทย)

An organization the Bank of Thailand consulted to create systems to protect Thai citizens.

Place

Government House(ทำเนียบรัฐบาล)ℹ️

The location where Ekniti Nitithanprapas gave an interview on November 13.