BIZ BUZZ: No, Razon is not peddling investments
If you have watched a video of port tycoon Enrique Razon Jr. selling some sort of investment, don’t fall victim. It is a deepfake—or a manipulated video—that aims to trick an unsuspecting audience.
Razon’s International Container Terminal Services Inc. (ICTSI) issued this warning to the public on Thursday.
“The fraudulent materials, which have appeared on social media, falsely portray Mr. Razon promoting investment opportunities. These claims are entirely untrue,” ICTSI said.
“The scam content is designed to appear convincing and may include offers that seem legitimate. ICTSI emphasizes that these are not authorized and are intended to mislead viewers,” it stressed.
The Razon Group told the public to verify claims through official channels and report suspicious content.
The company also reminded everyone to never share personal information with unfamiliar sources.
