Chinese banks are conducting educational sessions on AI-based fraud targeting seniors. Scammers use AI voice cloning and deepfake video technology to impersonate family members and request money transfers. Training programs teach seniors how to identify and prevent these sophisticated attacks.
Redbelt Security in Brazil reports a surge in CEO fraud attacks using WhatsApp, combining social engineering with AI-generated deepfakes and compromised accounts to convince employees to make urgent transfers. International cases, including a major incident at UK-based multinational Arup, demonstrate the sophistication of these attacks using artificial intelligence technology.
South Korea's National Police Agency announced an enhanced plan to detect and analyze AI-manipulated content used in crimes including deepfake sexual offenses, defamation, investment fraud, and voice phishing. The initiative focuses on improving detection precision and tracking the entire process from creation to distribution, with plans to develop multi-modal deepfake detection technology covering video, images, audio, and text.
The Diocese of Coria-Cáceres in Spain has issued a fraud alert regarding scammers using AI-cloned voices of the Bishop and Vicar General to solicit donations or impersonate receipt of donations while requesting personal information from targeted individuals and institutions.
Vietnam is experiencing a surge in financial fraud leveraging AI deepfake technology to impersonate bank officials and family members. As digital financial services expand, criminals use synthetic voices, doctored videos, and fake applications to steal money and personal information. Financial institutions are working to balance accessibility with security to protect customers from these sophisticated scams.
An executive at Fideuram, an Italian private bank, fell victim to an AI voice cloning scam that resulted in €95 million being transferred. After receiving a WhatsApp message followed by a call mimicking his superior's voice, the victim authorized multiple transfers. Despite swift action by the bank, €36 million remains unrecovered.
Fideuram, a private banking subsidiary of Italy's largest bank Intesa Sanpaolo, fell victim to a €95 million fraud scheme in February 2026. Scammers impersonated the bank's top executives via WhatsApp and used AI-generated voice cloning to pose as a lawyer, deceiving the president into authorizing international wire transfers. While €53 million was recovered through international cooperation, over €36 million remains missing after conversion to cryptocurrency.
AI-generated voice clone fraud is becoming increasingly common, with one in four Americans reporting receiving a deepfake voice call in the past year. ESET experts recommend a simple, free defense: establishing a pre-agreed family security word to verify the caller's identity.
Intesa Sanpaolo's private banking subsidiary Fideuram was defrauded of €95 million through a scheme using AI-cloned voices and fake WhatsApp messages impersonating the CEO. Fraudsters requested urgent international transfers and used artificially generated voice to confirm the request, resulting in transfers to accounts in China and Hong Kong.
Italy's largest bank, Intesa Sanpaolo's private banking subsidiary Fideuram, lost €95 million to fraudsters using AI-generated voice clones and spoofed WhatsApp messages. Criminals impersonated senior executives and convinced bank officials to wire funds to Asian accounts, with €53 million recovered but approximately €36 million converted to cryptocurrency and still missing.
Indonesia's Minister of Labor Migration Protection Mukhtarudin warned that videos impersonating him and offering repatriation assistance of Rp150 million are AI-generated fraud. The deepfake videos are designed to resemble TV news broadcasts and attempt to deceive the public into sending money.
AI-generated voice cloning scams are rising in India, where fraudsters use synthetic speech technology to impersonate family members, bosses, or government officials. By combining a cloned voice with urgency and personal details, scammers exploit trust to extract money or sensitive information. This guide explains how these scams work, warning signs, prevention strategies, and the legal framework in India.
AI-powered voice cloning and personalized messaging are fueling a dramatic rise in banking fraud worldwide. Fraudulent transactions are projected to exceed 2.2 billion by 2031, an 80% increase from 2025, driven by generative AI capabilities. Scammers target bank customers directly rather than targeting banking systems, making personal vigilance and enhanced bank security measures critical.
Jeju Bank, the Financial Supervisory Service, and police conducted a joint awareness campaign targeting merchants and small business owners in Jeju's traditional markets to combat voice phishing and no-show scams that surge during Korea's Thanksgiving holiday season. The campaign addresses fraud schemes exploiting increased bulk orders and group reservations.
One in four Americans has received a deepfake voice call in the past year, according to a March survey. Scammers increasingly use cloned voices to impersonate kidnapped relatives, but security experts recommend using a pre-arranged code word as an effective defense mechanism.
Scammers are increasingly using AI-generated voice clones to impersonate family members and demand money under the guise of virtual kidnappings. Voice samples of just a few seconds can create convincing imitations easily obtained from social media. The most effective defense is establishing a pre-agreed family security word that only family members know.
Scammers are increasingly using AI voice cloning technology to impersonate family members and bank employees. By cloning voices from just 10-second audio samples, they exploit regional dialects and familiar communication patterns to manipulate victims into sending money or revealing personal information. The technology makes detection nearly impossible when combined with emotional manipulation.
AI-powered voice cloning technology is being exploited for fraud schemes. Scammers collect audio samples from social media and videos to impersonate family members and request urgent financial assistance. While Peru has not yet reported widespread cases, prevention requires independent verification through alternative contact methods and using official communication channels.
Taiwan experienced record-breaking fraud losses of NT$8.93 billion in 2025, with scammers employing increasingly sophisticated methods. Common tactics include fake investment schemes, impersonation of customer service representatives, posing as police or prosecutors, romance scams, and phishing SMS messages. Most concerning is the misuse of AI technology to create fraudulent voice and video impersonations of friends and family members.
Fraudsters are increasingly using AI-powered voice cloning technology to impersonate celebrities, public figures, and family members in phone scams. The technology enables criminals to create convincing synthetic voices that are difficult to distinguish from genuine ones, particularly in investment fraud schemes and urgent payment requests.