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WF-J5NF5A

Reported AI-Cloned Voice Used to Deceive Hong Kong Bank Manager in Purported $35 Million Fraud Scheme

In January 2020, a Hong Kong-based bank manager for a Japanese company reportedly authorized $35 million in transfers after receiving a call from someone whose voice matched the company director's. According to Emirati investigators, scammers used AI-based voice cloning to impersonate the executive. The fraud allegedly involved at least 17 individuals and reportedly led to global fund transfers that triggered a UAE investigation. U.S. authorities were reportedly later asked to help trace part of the funds sent to U.S. banks.

Date it happened
2020-01-15
Organisation involved
Cybercriminals, Scammers, Transnational fraud rings
Product, system or model
Real-time speech synthesis technology, Deepfake technology, Synthetic audio generation technology
Where this came from
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Attribution

This incident was imported from AI Incident Database and is used under CC BY-SA 4.0. Our additions to it — the structured fields, the translation, the checks against other reports — are published under the same licence.

This is a record of what was reported, not a finding that anyone broke the law. If it names your organisation and you believe it is wrong, the corrections process is free and open to everyone.