CEO Spoofing Scammers Indicted for AI-Assisted $129 Million Fraud
Original title: CEO-spoofing scammers indicted for using AI to help steal more than $100 million
Three men arrested for using AI to impersonate CEOs and lawyers in a fraud scheme totaling $129 million; extradition pending.
The Justice Department indicted Jacob Soall, Sharon Hazan and Guy Sheetrit for a conspiracy that ran from 2024 to 2026. Prosecutors say the men used AI to spoof voices and images of corporate executives and lawyers, tricking employees into wiring funds to accounts they controlled. Victims include a Missouri hospital, a Rhode Island bank, a California hospital, a UK tech company, a Massachusetts finance firm and a Florida pet food company.
Unconfirmed: Extradition requests pending; one defendant previously convicted of bank fraud
- Stole nearly $129 million across multiple victims
- Funds transferred to crypto after wiring to US, Europe, UAE and China
- Hazan previously convicted of bank fraud in 2008
- All three face up to 104 years in prison
From the original article
2 min read at therecord.mediaThe U. S. is working on extraditing three suspects from Europe in a case involving more than $100 million in fraud from CEO impersonations.
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