3 Charged in Scheme to Use AI to Impersonate CEOs and Attorneys to Steal $129 Million
Prosecutors say the trio used AI voices and faces to trick employees into wiring about $129 million, then laundered the proceeds through cryptocurrency.
- Prosecutors unsealed an indictment Thursday charging Sharon Hazan, Guy Sheetrit, and Jacob Soall with stealing more than $129 million from businesses worldwide using advanced artificial intelligence to impersonate corporate executives and lawyers.
- The defendants targeted accounting departments by sending emails purporting to be from CEOs, then coordinating phone or video calls where they used AI to mimic executive voices and sometimes faces.
- Victims included a Missouri hospital system that lost approximately $4.83 million, a Rhode Island bank that lost $2.68 million, and a California hospital system that lost nearly $3 million; stolen funds were converted into cryptocurrencies to conceal origins.
- Authorities arrested Soall in Spain in June, Hazan in Spain in August, and Sheetrit in the United Kingdom in September; U.S. extradition requests for all three remain pending.
- FBI Assistant Director James C. Barnacle, Jr. warned the case demonstrates how emerging technology can be exploited for large-scale fraud, saying the FBI remains committed to disrupting those targeting New Yorkers and businesses.
69 Articles
69 Articles
Feds: Fraudsters Used AI to Impersonate CEOs
Three people accused of using artificial intelligence to impersonate corporate executives and attorneys to steal about $129 million have been indicted on charges of wire fraud and aggravated identity theft, federal prosecutors said Thursday. Over more than a year and a half, Jacob Soall, 41; Sharon Hazan, 54; and Guy...
Fake CEOs and Lawyers Tricked Companies Worldwide Into Sending $129M Using AI Voice and Video Impersonations, DOJ Says
US prosecutors charge three people over an alleged $129 million AI impersonation fraud targeting companies worldwide, with cryptocurrency used to launder proceeds.
3 allegedly used AI to steal some $129 million from companies by impersonating executives and lawyers
Three people accused of using artificial intelligence to impersonate corporate executives and attorneys to steal about $129 million have been indicted, prosecutors say.
Santa Maria Times
Independent EspañolNEW YORK (AP) — Three people accused of using artificial intelligence to impersonate corporate executives and lawyers in order to steal some $129 million were charged with charges of electronic fraud and theft of...
Rocky Balboa, Superman Cash, Fat Boy: Trio charged for using AI to steal $129 million in US
A trio known as 'Rocky Balboa', 'Superman Cash', and 'Fat Boy' has been charged with orchestrating a massive fraud scheme. Utilizing artificial intelligence, they impersonated corporate leaders and lawyers, targeting the accounting departments of various businesses. Over the course of 18 months, they allegedly swindled around $129 million from victims across the globe. They are facing serious allegations such as wire fraud, identity theft, and m…
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