3 Charged in Scheme to Use AI to Impersonate CEOs and Attorneys to Steal $129 Million

Three individuals have been indicted on wire fraud, identity theft, and money laundering charges for allegedly orchestrating an AI impersonation scheme that stole approximately $129 million from companies worldwide. Prosecutors state the defendants targeted corporate accounting departments by impersonating CEOs and attorneys through fraudulent emails and AI-generated voice and video calls. The stolen funds were reportedly converted into cryptocurrency to conceal their origin. Open article →