AI Scam Costs Intesa Millions in Fideuram Heist
Fraudsters used artificial intelligence to impersonate senior executives and steal millions from Fideuram. Most funds were recovered, but a significant portion remains missing after being converted to crypto.
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Fraudsters using AI voice cloning stole €95 million ($108 million) from Fideuram, the private banking unit of INTESA SANPAOLO, according to people familiar with the matter.
