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PYMNTS· PYMNTS·· 6 hours agoAI score42

FBI accuses three of orchestrating a $129 million AI impersonation scam

FBI Charges Three in $129 Million AI Impersonation Scam

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AI-assisted source summary · not independently verified. Content standards

The FBI accused three people of orchestrating a long-running AI impersonation scam involving $129 million. The three were charged with wire fraud, money laundering and identity theft. The suspects used AI to imitate the voices and images of corporate executives and lawyers, inducing employees to wire funds to accounts they controlled; a hospital system, a bank and a UK FinTech lost $4.8 million, $3 million and $11.6 million, respectively. If convicted, the three could face decades in prison.

Source:PYMNTS · pymnts.com