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

_Published Monday, November 9, 2026 at 6:06 AM EST · AI, Security · Latest · Tier 2 — Notable_

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.

## Sources

- [Techmeme](https://www.techmeme.com/261109/p9#a261109p9)

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Canonical: https://techandbusiness.org/newswire/bDcsOX3K2un_cZxvE_oDO8
Published: 2026-11-09T11:06:12.677Z
Story chronology: 2026-11-09T09:50:00.000Z
Retrieved: 2026-11-09T13:13:16.896Z
Publisher: Tech & Business (techandbusiness.org)