Authorities accuse trio of using AI deepfakes to defraud $129M from businesses

Reported by CyberScoop (Matt Kapko)

Summary by Cyber Security News6 Nov 2026, 18:20 CET

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Three men concocted an elaborate, yearslong scheme that defrauded companies of at least $129 million by using AI to impersonate executives and lawyers, tricking targeted victims into transferring large payments to criminal-controlled accounts, the Justice Department said Thursday. Jacob Soall, Sharon Hazan and Guy Sheetrit allegedly used AI to impersonate the voices and images of chief executive officers at companies and lawyers at major international law firms.

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