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International Container Terminal Services, Inc. (ICTS) warned the public regarding online scams utilizing manipulated videos and audio to impersonate its senior executives, including billionaire Enrique K. Razon Jr.
According to ICTSI, the fraudulent materials circulating on social media platforms falsely depict Razon promoting investment opportunities, which are entirely fabricated.
ICTSI noted that these deepfake scams are designed to appear legitimate, potentially deceiving viewers with convincing offers.
ICTSI emphasized that neither Razon nor the company endorse these investments.
The company advised the public to exercise caution when encountering online content referencing ICTSI or the Razon Group, and to verify any claims through official ICTSI channels.
Furthermore, individuals are urged to refrain from sharing personal or financial information with unfamiliar sources and to report any suspicious content or impersonation attempts to the respective social media platforms.
ICTSI provided its official website, www.ictsi.com, and its verified LinkedIn page as reliable sources for accurate information.
ICTSI added that they value the public’s vigilance in combating these online scams.