Trio accused of using deepfake CEOs and bogus lawyers to scam businesses out of $129 million
The indictment details how three men used deepfakes to impersonate CEOs and lawyers to wire $129 million in fraud.
Three men allegedly used deepfakes of company CEOs and law firm attorneys to trick employees into wiring more than $129 million to accounts the group controlled, the Justice Department said. The indictment names the three as Jacob Soall, 41, Sharon Hazan, 54, and Guy Sheetrit, 42. Soall used the alias “Rocky Balboa,” and Hazan went by “Superman Cash,” “Impossible Mission” and “Fat Boy,” among others. The scheme ran from 2024 to 2026 and usually opened with someone posing as the victim company’s chief executive, using AI to mimic the executive’s voice or image on calls. The victims range from healthcare to finance, with two US hospital systems losing close to $7.8 million between them, a Rhode Island bank wiring out $2.7 million, and a UK financial technology company losing $11.6 million. The stolen funds went to accounts in the US, Spain, Portugal, Greece, the United Arab Emirates, Singapore, Austria, Slovakia and China, where they were converted into cryptocurrency.
Unconfirmed: None
- Scheme ran from 2024 to 2026
- Two US hospital systems lost $7.8 million total
- UK fintech company lost $11.6 million
- Funds laundered via cryptocurrency
- Each charged with seven counts including wire fraud
Impact: wire fraud using deepfakes to impersonate CEOs and lawyers
- Threat actors
- Jacob SoallSharon HazanGuy Sheetrit
From the original article
3 min read at helpnetsecurity.com
Three men allegedly used deepfakes of company CEOs and law firm attorneys to trick employees into wiring more than $129 million to accounts the group controlled, the Justice Department said. The indictment names the three as Jacob Soall, 41, Sharon Hazan, 54, and Guy Sheetrit, 42. Soall used the alias “Rocky Balboa,” and Hazan went by “Superman Cash,” “Impossible Mission” and “Fat Boy,” among others.
By Sinisa Markovic · helpnetsecurity.com
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