Bank Fraud

An Organization of American States cybersecurity report cautions that artificial intelligence can clone human voices from just three seconds of audio to impersonate bank employees and steal customer funds, with fewer than one in four adults able to reliably detect synthetic calls.

Prosecutors have charged six people with receiving stolen funds in a phishing attack that compromised a victim's bank account and drained L586,579 (about $23,500) through 17 transfers in under an hour.