MGM China has issued a statement warning against a deepfake video purporting to be of the company’s Chairperson and Executive Director, Pansy Ho, showing her promoting a fictitious investment plan and promising significant returns.
The company has described the video as being fraudulent and with no connection whatsoever to the company or its chairperson.
“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,” it said.
“The video was neither created nor released by the company or Ms Pansy Ho. MGM China 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.
“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. MGM China consistently adheres to the principles of lawful and compliant operations. All business updates are communicated exclusively through the Company’s official platforms.
“To prevent the further spread of misinformation, MGM China respectfully requests that all parties cease disseminating the fraudulent video and its associated claims.”