Two Israelis Charged in US With $129 Million AI-Powered Fraud

In depth

Two Israelis, Sharon Hazan and Guy Shtarit, together with another individual, are charged with fraud totaling $129 million, in which they impersonated CEOs and lawyers using artificial intelligence, according to the indictment unsealed in New York. The three used technology to mimic voices and faces and instructed employees at companies around the world to transfer funds. According to Arutz Sheva, the two Israelis are 54 and 42 years old, and the third individual is 41 and resides in Spain and Britain.

According to N12, one of the Israelis boasted: "I am number 1 in the world in money laundering." According to Channel 14, the victims included hospitals, a bank, and financial companies. According to Israel Hayom, the FBI is warning about the method.