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California Hospital System Loses $3M in AI Impersonation Scheme

California hospital system lost $2.968 million to AI fraud scheme targeting executives.

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California Hospital System Loses $3M in AI Impersonation Scheme

California hospital system lost $2.968 million to AI fraud scheme targeting executives.

In brief

California hospital system lost $2.968 million to AI fraud scheme targeting executives. A California hospital system lost $2.968 million to scammers who used AI to impersonate executives and attorneys. Originally reported by Sfgate.

California Hospital System

FILE: An unsealed indictment by the Department of Justice revealed that an unidentified California hospital system was among the victims of an AI fraud scheme.

A California hospital system lost nearly $3 million to an AI impersonation scheme targeting executives.

Fraud Scheme Details

Scammers used AI-generated voices and images to impersonate CEOs and attorneys, tricking employees into wiring millions.

Victims and Losses

The hospital lost $2.968 million in December 2024, with other victims including a Missouri hospital system, a Rhode Island bank, and a British fintech company.

Defendants and Charges

Jacob Soall, Sharon Hazan, and Guy Sheetrit face seven federal charges including wire fraud, aggravated identity theft, and money laundering.

At a glance

A California hospital system lost $2.968 million to scammers who used AI to impersonate executives and attorneys.

Read the original on Sfgate

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