
The $25 Million Phone Call: How AI Voice Cloning Is Powering CEO Fraud
A finance employee at the Hong Kong office of engineering giant Arup joined what looked like a routine video call. On the screen were several familiar faces, including the company’s CFO, discussing a confidential transaction that required urgent action. Reassured by the people he could see and hear, the employee made 15 transfers totaling roughly $25 million (HK$200 million) to five Hong Kong bank accounts. None of the people on that call were real. Every

