Skip to content
NewA calmer, faster ZeroHour
StoryPhishing & fraudhighExploited in the wild

Jacob Soall, Sharon Hazan, Guy Sheetrit Indicted for $129M AI CEO Impersonation Fraud

4 sources · 4 articlesFirst reported Updated ()1
What's new

November 9: Help Net Security adds specific victim losses including two US hospitals at $7.8M total, RI bank $2.7M and UK fintech $11.6M; defendant aliases; seven charges; funds to Spain, Portugal, Greece.

Merged summary · x-ai/grok-4.7 · rewritten as coverage arrivesSummaries by Vani AI

Three men indicted for using AI to impersonate CEOs and lawyers in a $129 million wire fraud scheme from 2024 to 2026.

Jacob Soall, Sharon Hazan, and Guy Sheetrit were indicted for a conspiracy using AI to spoof voices and images of corporate executives and attorneys from 2024 to 2026. The group targeted thousands of companies worldwide, including hospitals, a bank, a fintech company, a mutual fund and a pet food company. They defrauded victims of about $129 million in wire transfers, which were converted to cryptocurrency and sent to accounts in the US, Europe, UAE, China, Spain, Portugal and Greece. The defendants were arrested in Spain and the UK between June and September and face charges including wire fraud, aggravated identity theft and money laundering.

Key facts
  • Jacob Soall, Sharon Hazan and Guy Sheetrit indicted on wire fraud and money laundering charges
  • Scheme ran from 2024 to 2026, defrauding $129 million from thousands of victims
  • Used AI to impersonate CEOs and UK attorneys, targeting accounting departments
  • Two US hospital systems lost nearly $7.8 million total
  • UK fintech company lost $11.6 million; Rhode Island bank wired $2.7 million
  • Funds laundered via cryptocurrency to accounts in multiple countries
Analyze this story with Vani AIImpact, who is affected and what defenders should do, in a new chat

What each outlet adds

beyond the shared facts
  • Help Net SecurityAdds full defendant names, ages, aliases; specific loss figures for hospitals, bank and UK fintech; seven charges
  • The RecordAdds extradition pending; specific victim companies including Missouri hospital, California hospital, UK tech firm
  • CyberScoopAdds targeted from July 2024 to February 2026; UK fintech lost $11.6 million; arrested in Spain and UK
  • SecurityWeekAdds targets include accounting departments via CEO emails and AI voice calls; Soall mainly impersonated UK attorneys
Threat actors
Jacob SoallSharon HazanGuy Sheetrit
Victims
US hospital systemsRhode Island bankUK financial technology companyFlorida pet food companyhospital in Missourihospital in Californiatech company in the UKfinance company in Massachusettshospital systems in Missouri and Californiabank in Rhode Islandfinancial technology company in the UKmutual fund company in Massachusetts
Organizations
United States Department of JusticeFederal Bureau of InvestigationU.S. Attorney’s Office for the Southern District of New YorkFBI
Countries
USUKSpainPortugalGreeceUnited Arab EmiratesSingaporeAustriaSlovakiaChinaIsraelUnited Kingdom

Coverage

oldest first · one row per article · UTC
  1. · 3d ago SecurityWeekFirst report

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

    Defendants used AI to mimic CEO voices and images in calls to authorize large wire transfers to foreign banks.

  2. · 3d ago The Record

    CEO Spoofing Scammers Indicted for AI-Assisted $129 Million Fraud

    Three men arrested for using AI to impersonate CEOs and lawyers in a fraud scheme totaling $129 million; extradition pending.

  3. · 2d ago CyberScoop

    Trio uses AI deepfakes to defraud $129M from businesses

    Three men impersonated CEOs and lawyers with AI to trick companies into sending $129 million in wire transfers between 2024 and 2026.

  4. · 5h ago Help Net Security

    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.