US federal authorities have charged three men with orchestrating a sophisticated fraud that netted 129 million dollars from companies around the world by deploying deepfake technology to impersonate corporate executives.
The suspects contacted employees, mainly bookkeepers and accountants, and posed as company directors. During telephone and video conversations they used artificial intelligence tools to replicate the voice and appearance of the real executives, instructing staff to participate in what was described as a confidential financial transaction.
To increase credibility, the perpetrators directed victims to contact supposed lawyers at prominent national law firms who were allegedly assisting with the same transaction. The fraudsters then impersonated these lawyers in follow-up communications, creating a layered illusion of legitimacy that encouraged employees to transfer large sums to accounts under the suspects’ control.
The scheme operated across multiple countries and succeeded in extracting a total of 129 million dollars. Law enforcement agencies arrested the three men in Spain and the United Kingdom over the past several months. US authorities have formally requested their extradition.
If convicted on all counts, each defendant could receive a maximum sentence of 104 years in federal prison.


