How much of you would a scammer actually need, your voice, your face, a few seconds of video to fool the people who trust you most?
For Richy Emah and Chantal Lamprecht of Sumsub, that’s not a hypothetical. It’s their job. In this episode of “From Garage to Growth,” we go deep into the AI fraud epidemic reshaping Africa’s digital economy, deepfakes surging by as much as 967% year-on-year in some markets, SIM-swap attacks hijacking phone numbers in seconds, and a retired teacher who lost R1.2 million without ever giving up a single password.
🕛 CHAPTERS:
00:00 – Have You Ever Been Scammed?
00:41 – The “Sophistication Shift”: Fraud Up 180% Year-on-Year
01:06 – Deepfake Exposure in Africa Is Almost Universal
05:41 – What Sumsub Actually Solves for Founders
06:52 – “Growth Without Trust Is Dangerous”
08:25 – Breaking Down KYC, AML & Fraud Detection
14:12 – iGaming’s Fraud Problem: 97% Happens at the Liveness Check
16:11 – Deepfakes, Synthetic Images & Fake Masks
19:48 – 269% and 967%: The Deepfake Surge Across Africa
20:37 – SIM Swaps & Money Muling Explained
22:09 – The Retired Teacher Who Lost R1.2 Million
22:51 – How Fraud Actually Starts: WhatsApp, Telegram & Instagram
27:44 – A Real SIM-Swap Story
29:26 – How to Protect Yourself Before Clicking That Link
33:44 – How Do You Safeguard Against Deepfakes & AI Fraud?34:59 – The One Question Every Business Should Be Asking
35:33 – The Final Word: Verify
🎙️ ABOUT THE PODCAST: From Garage to Growth features raw conversations with the founders and builders behind today’s most innovative companies. We uncover the playbooks, mindset, and strategies they used to turn an idea into a successful venture.
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Website: https://fromgaragetogrowth.co.za/
Have you ever been targeted by a scam? Tell us your story in the comments below!
👇#AIFraud #Deepfakes #Cybersecurity #Sumsub #FraudPrevention #FinTech #StartupPodcast