Prosecutors put business losses from AI voice scams above $129M

Published Monday, November 9, 2026 · 6:06 AM EST

US federal prosecutors say businesses lost $129M+ to scam calls using AI-generated executive voices in the 18 months since July 2024, the New York Times reported. A federal indictment alleges that three men used generative AI to impersonate chief executives and lawyers and defraud companies of millions of dollars.

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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.

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