AI Voice Cloning Used in $129M Fraud Targeting Hospitals, Banks Across Four Countries

New York prosecutors charged three suspects with using AI voice and image cloning to impersonate executives and lawyers, defrauding hospitals, banks, and corporations in at least four countries of $129 million between 2024 and 2026. The case marks a significant escalation in AI-enabled financial crime, highlighting the vulnerability of corporate verification processes. The full scope of the network and any additional victims remains under investigation.

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