3 charged with using AI to steal some $129 million from companies
Summary
Three people have been indicted in New York on charges tied to an alleged AI-assisted scheme that prosecutors say stole about $129 million from companies. The indictment says they impersonated corporate executives and attorneys to persuade employees to wire money, then converted the funds into cryptocurrency.Key Facts
- The defendants are Jacob Soall, 41, Sharon Hazan, 54, and Guy Sheetrit, 42.
- They face charges including wire fraud, aggravated identity theft and money laundering.
- Prosecutors say the scheme targeted thousands of companies worldwide over more than a year and a half.
- The alleged victims included hospitals, a Rhode Island bank, a U.K. financial technology company, a Massachusetts mutual fund company and a Florida pet food company.
- According to court documents, the group used emails and AI-generated voice or video impersonations to gain employees’ trust.
- The indictment says employees were directed to wire money to accounts around the world, and the funds were converted into cryptocurrency.
- The three were arrested between June and September in Spain and the United Kingdom; extradition requests are pending.
- If convicted, they could face up to 20 years in prison for some charges, with aggravated identity theft carrying a maximum two-year sentence.
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