Three men charged in US with using AI to impersonate CEOs and steal over $100 million
Source Summary
Three foreign nationals—Jacob Soall, Sharon Hazan, and Guy Sheetrit—were arrested and charged with using AI to impersonate corporate CEOs and attorneys to defraud companies of over $100 million. Soall and Hazan were arrested in Spain in summer 2024, while Sheetrit was arrested in the United Kingdom in September 2024. The alleged scheme involved altering voices and images of executives to convince employees to send large payments between 2024 and 2026.
Why it matters
This case demonstrates a new criminal application of AI technology to corporate fraud at scale, affecting multiple companies and resulting in charges for over $100 million in losses.
