AI-Powered $129 Million Fraud: Part of the Money Ended Up in Greece
Published
Three men are accused of taking part in an organised fraud ring. According to reports, the ring used Artificial Intelligence tools to imitate people's voices. The total damage caused by the fraud amounts to $129 million.
Today, Artificial Intelligence can create an audio file that sounds very much like the voice of a real person. This technology, when used with bad intentions, can easily deceive other people. The perpetrators apparently used such voices to persuade victims to send money.
Part of the money obtained from the fraud reached Greece. For this reason, the case also concerns our country. The information available so far does not give details of all stages of the case, nor of the exact amount traced in Greece.
The case shows how important it is to be careful when receiving phone calls or messages asking for money, even when the voice sounds familiar. The three men are considered innocent until their guilt is proven in court.
Sources: TheCaller
More Greece news
- The electric Renault 5 gains greater range and arrives in Greece with a special Roland-Garros edition
- Greece to contribute €120 million to European fund for high-tech companies
- Decline in technology and artificial intelligence stocks: How exposed are Greek companies?
- Meeting of Fidan and Güler on the cable across three capitals
- Interview Poll: New Democracy First with 29.4%, Ten Parties in Parliament
- Greece-Cyprus Cable: What Hatzidakis Said About France's License
- Conference on Access to Healthcare: Stelios Kymbouropoulos on the Today Press panel
- Georgia Parasxou at the Health Access Greece conference