3 charged in scheme to use AI to impersonate CEOs, attorneys to steal $129 mil.

The Korea Times reports that three individuals have been indicted on charges of wire fraud and aggravated identity theft for a scheme involving the use of artificial intelligence to impersonate corporate executives and attorneys, resulting in the theft of approximately $129 million. Over a year and a half, Jacob Soall, 41, Sharon Hazan, 54, and Guy Sheetrit, 42, targeted thousands of companies worldwide, including hospital systems in Missouri and California, a bank in Rhode Island, a financial technology company in the United Kingdom, a mutual fund company in Massachusetts, and a pet food company in Florida.

The defendants, hailing from Spain, the UK, Israel, and the UAE, are also charged with money laundering. The case remains sealed in court records.

Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.