FILE-A computer screen displays the acronym AI for Artificial Intelligence. (Photo By David Zorrakino/Europa Press via Getty Images)
Three people accused of utilizing artificial intelligence to impersonate corporate executives and lawyers to steal $129 million were indicted on charges of wire fraud and aggravated identity theft.
Jacob Soall, 41, Sharon Hazan, 54, and Guy Sheetrit, 42, targeted companies globally in their AI scheme, The Associated Press reported, citing an indictment filed in a U.S. District Court in New York.
Soall, Hazan, and Sheetrit were also charged with money laundering. If convicted, each of the charges have a maximum sentence of 20 years, except for aggravated identity theft, which is two years, the U.S. Attorney’s Office for the Southern District of New York told the AP.
AI fraud scheme
Dig deeper:
Jacob Soall, Sharon Hazan, and Guy Sheetrit,…
Set up “Push Notifications” for all bank transactions so that you are alerted in real-time to any unauthorized spending, allowing you to freeze your card immediately before the damage escalates.