The US Department of Justice has indicted three men for using AI to impersonate executives and lawyers, defrauding victims of over $129 million.

According to the US Department of Justice indictment, three foreign men are accused of using AI from 2024 to forge the voices and images of corporate executives and lawyers to trick employees into transferring money. The total amount involved exceeds $129 million. All three have been arrested in Spain and the UK. The scam first involved fake executives contacting employees citing sensitive financial transactions, followed by impersonated lawyers instructing transfers. Stolen funds were converted to cryptocurrency for transfer. Victims included multiple US companies and one British technology firm. The three men are charged with telecommunications fraud, money laundering conspiracy, and aggravated identity theft.