Issue 14 · Nov 2–8, 2026Agent Age News magazine · Other editions · Method · HU / ENG

The impact of AI on banks, insurers, pay and finance, curated weekly

fraud · European Union

Fraudsters use AI-cloned CEO voice to steal about €95 million from Intesa Sanpaolo's Fideuram

Sep 28, 2026 · Issue 9 · 25 sources, 25 articles

Fraudsters using an AI-cloned CEO voice and a fake WhatsApp message obtained about €95 million from Fideuram, the private-banking subsidiary of Intesa Sanpaolo; reports began appearing on 28 September. Some accounts put the loss at €88 million, and the investigation is working to identify the perpetrators.

Who is affected and how

banking professional
For large transfers, an executive instruction received by voice or message must be confirmed through a separate channel by calling back.
chief financial officer
The approval chain for exceptional transfers triggered by executive instruction should be replaced with multi-person verification that does not rely on voice.

Narrative: AI industrializes financial fraud

Sources

Machine-generated summary based on the titles and excerpts of the source articles. The source article is the authority for the facts. News monitoring, not investment, financial or tax advice.