Three men charged over AI deepfake scheme that defrauded businesses of $129M
- Severity
- High
- Sources
- 1
What happened
Per an unsealed indictment, Soall, Hazan and Sheetrit allegedly ran a deepfake business email and voice impersonation scheme from July 2024 to February 2026 that caused at least $129M in losses. Attackers impersonated CEOs and then attorneys at some of the 50 largest global law firms, using e-signature-platform NDA lures to isolate employees with wire authority. Funds moved through mule accounts in multiple countries and were converted to cryptocurrency. Seven counts carry a maximum of 104 years. Soall was arrested in Spain on 17 June, Hazan in Spain on 5 August and Sheetrit in the UK on 7 September. No CVEs or defensive guidance are given in the source reporting.
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What to do
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Written by AI from the sources, checked against them