U.S. Prosecutors Charge Three in AI Fraud Tied to More Than $129 Million

Three men face federal charges in Manhattan in a case where prosecutors allege artificial intelligence helped them impersonate corporate executives and lawyers, leading companies to lose more than $129 million. An indictment unsealed Nov. 6 in the U.S. District Court for the Southern District of New York names Jacob Soall, Sharon Hazan and Guy Sheetrit. The charges include wire fraud, conspiracy to commit wire fraud, money laundering, conspiracy to commit money laundering and aggravated identity theft. Prosecutors allege the operation ran from about July 2024 through February 2026 and targeted thousands of companies.