Accused scheme uses AI to impersonate CEOs and attorneys for $129 million
Three people were charged in New York with wire fraud and aggravated identity theft.
Three people have been charged after prosecutors said they used AI to impersonate corporate executives and attorneys in a scheme to steal about $129 million.
Federal prosecutors said Jacob Soall, 41, Sharon Hazan, 54, and Guy Sheetrit, 42, were indicted in a U.S. District Court in New York on wire fraud and aggravated identity theft charges.
According to court documents, the trio targeted thousands of companies over more than a year and a half. Victims named in the filings included hospital systems in Missouri and California, a Rhode Island bank, a mutual fund company in Massachusetts, and a financial technology company in the United Kingdom, as well as a pet food company in Florida.
Prosecutors said the defendants often went after companies’ accounting departments. They allegedly sent emails pretending to be from a CEO and asked for help with confidential financial transactions. Court filings also say they arranged phone or video calls where AI was used to mimic the CEO’s voice, and sometimes an image.
The impersonated CEO messages allegedly directed employees to contact an attorney at a major law firm, and prosecutors said the group was prepared to impersonate that attorney as well. Prosecutors said the attorney impersonation included handwritten call scripts used by Soall, including one labeled “Lawyer Call.”
Prosecutors said the attorney impersonation was used to instruct victims to wire large payments to bank accounts around the world. The indictment says the money was converted into cryptocurrency to help conceal its origin before being distributed to the defendants and others involved.
The defendants are from Spain, the UK, Israel and the United Arab Emirates, according to the indictment. Prosecutors also charged them with money laundering.
Lawyers for Soall and Sheetrit did not immediately respond to a request for comment, and it was unclear whether Hazan had an attorney.
If convicted, the maximum sentence for each of the charges is 20 years, except for aggravated identity theft, which carries a maximum of two years. The three were arrested between June and September and remain charged pending court proceedings.
ADVERTISEMENT
Source:
WHEC.com