Three charged in alleged $129 million scheme using AI-cloned executive voices
The US Attorney's Office in Manhattan said on 5 November 2026 that an indictment had been unsealed charging three defendants with wire fraud, aggravated identity theft and money laundering over a scheme that allegedly used artificial intelligence to impersonate corporate executives and attorneys and took about $129 million, according to the Associated Press and The Next Web. According to court documents cited by AP, the group emailed staff, often in accounting departments, posing as CEOs who needed help with a confidential financial transaction, then arranged phone or video calls in which AI mimicked the executive's voice and sometimes image. Victims were directed to an impersonated attorney at a major law firm who gave wire instructions, and the funds were converted to cryptocurrency. The charges are allegations and the defendants are presumed innocent.
- Social engineering assessment
- Threat modelling
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