Three suspects arrested for AI-powered impersonation scheme costing victims $129M
Posted: 09 Nov 2026, 17:45
The US authorities have indicted three men for their alleged participation in a scheme to use AI to defraud companies worldwide.
According to the indictment, Jacob Soall, Sharon Hazan, Guy Sheetrit, and their co-conspirators created deepfakes of corporate executives at numerous companies and attorneys at major law firms to trick employees into sending large payments to bank accounts worldwide that were controlled by members of the fraud scheme.
The suspects approached employees of the companies they targeted. By mimicking their voice and image in calls, they posed as the businesses' CEOs, telling the workers they needed their cooperation to carry out a confidential financial transaction.
Next, Soall, Hazan, and Sheetrit directed the workers to contact lawyers at large international law firms, who were supposedly working on the transaction.
source: https://cybernews.com/news/ai-powered-i ... ntent=post
According to the indictment, Jacob Soall, Sharon Hazan, Guy Sheetrit, and their co-conspirators created deepfakes of corporate executives at numerous companies and attorneys at major law firms to trick employees into sending large payments to bank accounts worldwide that were controlled by members of the fraud scheme.
The suspects approached employees of the companies they targeted. By mimicking their voice and image in calls, they posed as the businesses' CEOs, telling the workers they needed their cooperation to carry out a confidential financial transaction.
Next, Soall, Hazan, and Sheetrit directed the workers to contact lawyers at large international law firms, who were supposedly working on the transaction.
source: https://cybernews.com/news/ai-powered-i ... ntent=post