Forbes reported:
In early 2020, a branch manager of a Japanese company in Hong Kong received a call from a man whose voice he recognized—the director of his parent business. The director had good news: the company was about to make an acquisition, so he needed to authorize some transfers to the tune of $35 million. A lawyer named Martin Zelner had been hired to coordinate the procedures and the branch manager could see in his inbox emails from the director and Zelner, confirming what money needed to move where. The manager, believing everything appeared legitimate, began making the transfers.
It’s only the second known case of fraudsters allegedly using voice-shaping tools to carry out a heist, but appears to have been far more successful than the first, in which fraudsters used the tech to impersonate a CEO of a U.K.-based energy firm in an attempt to steal $240,000 in 2019, according to the Wall Street Journal.
In early 2020, a branch manager of a Japanese company in Hong Kong received a call from a man whose voice he recognized—the director of his parent business. The director had good news: the company was about to make an acquisition, so he needed to authorize some transfers to the tune of $35 million. A lawyer named Martin Zelner had been hired to coordinate the procedures and the branch manager could see in his inbox emails from the director and Zelner, confirming what money needed to move where. The manager, believing everything appeared legitimate, began making the transfers.
It’s only the second known case of fraudsters allegedly using voice-shaping tools to carry out a heist, but appears to have been far more successful than the first, in which fraudsters used the tech to impersonate a CEO of a U.K.-based energy firm in an attempt to steal $240,000 in 2019, according to the Wall Street Journal.
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Enroll in Training Sessions: Last Thursday of Every Month is Training on Frauds and New Scam Alerts and How to Combat
Enroll in Training Sessions: Last Thursday of Every Month is Training on Frauds and New Scam Alerts and How to Combat