Scott Melker, Host of The Wolf Of All Streets Podcast, Says He's Been Impersonated by Scammers

The host of The Wolf Of All Streets podcast, Scott Melker, says he's received word that his face and name are being impersonated by scammers, with at least one victim

The host of The Wolf Of All Street's "All Street" podcast, Scott Melker, says he’s received word that his face and name are being used by scammers, who have already duped one victim out of $4 million.

On April 23, the crypto investor said, “I’m sick,” after reporting that he’d been contacted by a private investigator revealing that a client of his was scammed for $4 million by a Nigerian group using his name and face as bait.

“They’ve apparently scammed a number of people,” Melker said, adding, “They sent him a fake driver’s license to prove it was me,” and used his X avatar as the photo.

I’m sick. A p.i. just told me that a client of his got a $4m scam pulled on him by a Nigerian group using my name and face. They do zoom calls with AI, which is apparently sophisticated and they used an email account that looked close enough and they got his email id wrong.

— Scott Melker (@scottmelker) April 23, 2023

The scammers used AI to generate the fake ID and used a fake but convincing-looking email account.

“They do zoom calls with AI,” which are “apparently sophisticated,” said Melker, who added that the scammers have also spoofed accounts of his wife and kids to support identity confirmation.

Technical analysts "TheChartGuys" reported something similar, with a person getting scammed for $5,000 after the scammers replicated their voice using AI deepfakes.

Crypto adviser and trader "Nebraskan Gooner" said a quick Google search easily reveals that the ID is fake.

He pointed out that there were a few subtle discrepancies in the address and date formats.

"This is getting out of hand. Sucks that they're getting so sophisticated but I'm surprised how bad this is with how sophisticated of an operation this seems to be. They went through the trouble to get my X photo, make the zoom calls and get a fake i.d but they couldn't get the address right?"

This is getting out of hand. Sucks that they're getting so sophisticated but I'm surprised how bad this is with how sophisticated of an operation this seems to be. They went through the trouble to get my X photo, make the zoom calls and get a fake i.d but they couldn't get the address right? pic.twitter.com/hY8V79Oq9j

— Nebraskan Gooner (@NebraskanGooner) April 24, 2023

Earlier this year, California’s Department of Justice warned that it had discovered seven new types of crypto scams that involved AI.

In February, Chainalysis said that 2025 will be a big year for AI scams, stating that generative AI is making scams “more scalable and affordable for bad actors to conduct.”

In a recent report, software giant Microsoft said that bad actors were using AI to “supercharge their scams.”

“AI tools can scan and scrape the web for company information, helping cyberattackers build detailed profiles of employees or other targets to create highly convincing social engineering lures,” it stated.

“It’s going to get exponentially worse, I would imagine,” lamented Melker.