💨 Abstract

Italian police have frozen approximately $1.04 million wired by a businessman to a foreign account after he fell victim to an artificial intelligence (AI) scam. Fraudsters used AI to mimic the voice of Italian Defense Minister Guido Crosetto, posing as officials seeking urgent funds for kidnapped journalists. Massimo Moratti, a prominent businessman, was one of the targeted individuals and is believed to have transferred the funds.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖