AI voice fraudsters steal $108M from Italy's Fideuram bank
Fraudsters using AI-cloned voices and WhatsApp messages impersonating Intesa Sanpaolo executives stole €95 million ($108 million) from Fideuram, the group's private banking arm, Reuters reports. About €53 million has been recovered; the rest was moved abroad and converted to cryptocurrency, and Milan prosecutors are investigating.
- Scammers posed as Intesa Sanpaolo CEO Carlo Messina and a lawyer
- €95 million stolen, roughly €53 million recovered
- Funds were sent to China and Hong Kong and converted to crypto
- Milan prosecutors opened a computer fraud investigation
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