ICTSI urges public caution over deepfake scam involving Razon

MANILA, Philippines – Razon-led International Container Terminal Services, Inc. (ICTSI) has warned the public about online scams using manipulated videos and audio recordings to impersonate Chair Enrique K. Razon Jr. and other senior executives.

The fraudulent materials, which have appeared on social media, falsely portray Razon as promoting investment opportunities in a bid to trick people into shelling out money.

“These claims are entirely untrue. Neither Mr. Razon nor ICTSI has endorsed any such investments,” ICTSI said in a statement.

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.

To help protect against online fraud, ICTSI encourages the public to:

• Be cautious when engaging with online content that references ICTSI or the Razon Group.
• Verify claims through ICTSI’s official channels.
• Avoid sharing personal or financial information with unfamiliar sources.
• Report suspicious content or impersonation attempts to the platform involved.

For accurate information, visit ICTSI’s official website at www.ictsi.com or follow the company’s verified LinkedIn page.

ICTSI appreciates the public’s continued vigilance, the statement said.