Scammers have reportedly amassed $100 million by employing AI-powered voice cloning technology to impersonate chief executive officers. The United States Department of Justice, through the Southern District of New York, has been involved in addressing this fraudulent activity. AI
IMPACT This incident highlights the potential for AI-driven scams to cause significant financial harm.
RANK_REASON This is a report about a scam using AI, not a core AI development or release.
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