3 charged in AI scheme used to impersonate CEOs, attorneys to steal $129 million

Developing story first seen 4 hours ago

New York Post · 4 hours ago

The indictment alleges that three people used AI to impersonate company executives and lawyers in a scheme that stole about $129 million. The case highlights how AI-generated voices and images can be used to deceive employees and target businesses across borders.

Jacob Soall, Sharon Hazan and Guy Sheetrit allegedly targeted thousands of companies worldwide over more than 18 months, including hospitals, a bank and firms in the UK and US. They allegedly used emails and AI-assisted calls to persuade accounting staff to wire money to overseas accounts, then converted the funds into cryptocurrency. The three also face money-laundering charges; most charges carry a maximum sentence of 20 years if they are convicted.

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In short

Three people are accused of stealing about $129 million using AI impersonations.
The alleged scheme targeted thousands of companies worldwide.
Prosecutors say stolen funds were converted into cryptocurrency.

How this story developed

12 minutes ago The indictment alleges that three people used AI to impersonate company executives and lawyers in a scheme that stole about $129 million. The case highlights how AI-generated voices and images can be used to deceive employees and target businesses across borders.
2 hours ago Three people have been indicted in New York, accused of using artificial intelligence to impersonate company executives and lawyers in a scheme that allegedly stole about $129 million. The case highlights how AI-generated voices and images can help fraudsters deceive staff and target businesses across borders.