Social Media Exposes Lokapitek Investment Scam in South Africa

Johannesburg, South Africa – A social media video has exposed Lokapitek, a company accused of running an investment scam. The video, created by Xolela Nyama (@igezalomxhosa), presents evidence of stolen images and AI-generated videos used in Lokapitek's marketing materials. "They're using random pictures and AI-generated videos to make it look like people are endorsing them," says Nyama in the video. Nyama points out inconsistencies, such as Lokapitek using a personal account instead of a business profile, and urges viewers to perform due diligence before investing. The video's popularity and the potential impact on consumers make it a valuable warning for investors. Authorities are yet to comment on the allegations.