The Justice Department accused Jacob Soall, Sharon Hazan, and Guy Sheetrit of using artificial intelligence to impersonate executives and lawyers in a fraud scheme that stole at least $129 million. The trio targeted thousands of victims between July 2024 and February 2026, tricking accounting staff into authorizing large wire transfers to criminal-controlled accounts. Victims included financial tech companies, hospital systems, and banks across the United States, with individual losses reaching up to $11.6 million. Prosecutors stated the suspects converted the stolen funds into cryptocurrency and distributed them among co-conspirators in multiple countries. The three men face charges including wire fraud and money laundering, carrying a maximum sentence of 104 years in prison.
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Photo: Markus Spiske (CC0) via Openverse
