Finance
Major Italian Bank Scammed Out of Millions via AI Deception
Criminals used AI tools to steal 95 million euros from Intesa Sanpaolo's private banking division, Fideuram, by impersonating executives through WhatsApp messages and deepfake voice calls. Although authorities in China, Portugal, and Italy recovered more than half of the funds, approximately 36 million euros remain missing after the director executed international transfers based on the fraudulent instructions.
Ozetta summarises; the reporting is the newsroom's