Why it matters
The alleged scheme highlights potential fraud risks for U.S. businesses that rely on voice calls to authorize payments. The supplied report does not say which companies were affected or whether any money was recovered.
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A federal indictment alleges that three men used generative AI to imitate executives’ and lawyers’ voices and defraud companies of more than $129 million, according to The New York Times. The supplied report does not describe the defendants’ response or the case’s next court date.
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The alleged scheme highlights potential fraud risks for U.S. businesses that rely on voice calls to authorize payments. The supplied report does not say which companies were affected or whether any money was recovered.