Three men charged in US with using AI to impersonate CEOs and steal millions
Source: The Guardian ·
Men allegedly impersonated voices and images of executives to convince employees to send large paymentsThree foreign nationals were arrested and charged with using AI to allegedly impersonate corporate CEOs and attorneys to steal over $100m, according to an indictment that was newly unsealed by the US Department of Justice.According to a press release from the United States attorney’s office for…
From the source
Three foreign nationals were arrested and charged with using AI to allegedly impersonate corporate CEOs and attorneys to steal over $100m, according to an indictment that was newly unsealed by the US Department of Justice. According to a press release from the United States attorney’s office for the southern district of New York, three men – Jacob Soall, Sharon Hazan, and Guy Sheetrit – were arrested for using AI to alter and impersonate the voices and images of executives and attorneys at various companies in order to convince employees to send over large payments. Soall and Hazan were arrested in Spain over the summer, while Sheetrit was arrested in the United Kingdom in September. The alleged fraud took place between 2024 and 2026. With the help of AI, the men allegedly acted as a corporate executive, targeting employees of various companies and telling them they needed their help with sensitive financial transactions. They would then instruct the employees to get in touch with…
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- Finance-aware sentiment: neutral (+0.00 on a -1 to +1 scale).
- Event classification: OTHER.
- Market importance score: 38/100, weighting entity relevance, source credibility, multi-outlet coverage and recency.