Home AI deepfake scam impersonates Italy’s defense minister, targeting wealthy tycoons

AI deepfake scam impersonates Italy’s defense minister, targeting wealthy tycoons

TLDR

  • Scammers used AI to impersonate Italy's Defense Minister and request large sums of money.
  • High-profile targets included billionaire Massimo Moratti and fashion designer Giorgio Armani.
  • Minister Crosetto alerted police and warned the public to avoid falling for the scam.

Scammers reportedly used artificial intelligence (AI) to impersonate Italy’s Defense Minister Guido Crosetto and request massive sums of money. According to Italian news outlet L’Unione Sarda, the fraudsters targeted wealthy professionals and entrepreneurs, calling them from what appeared to be a legitimate number and even using the minister’s voice.

To make their scheme more convincing, they used the recent case of journalist Cecilia Sala, who was held in an Iranian prison, but was then released as part of a prisoner swap. They claimed the money, in amounts reaching up to a million euros, was needed to help secure the release of other reporters supposedly kidnapped in the Middle East, specifically in Iran or Syria.

Some of Italy’s most high-profile figures were among the targets of this elaborate AI scam. Prada SpA co-CEO Patrizio Bertelli, renowned fashion designer Giorgio Armani, Pirelli & C. SpA Executive Vice Chairman Marco Tronchetti Provera, and billionaire Massimo Moratti, the former owner of Inter Milan, all fell within the fraudsters’ sights.

Italy’s defense minister raises awareness about ongoing AI scam

Moratti confirmed to La Repubblica that he had transferred an unspecified sum of money after being contacted, unaware that he was being deceived.

Crosetto took to X to reveal that he had contacted the police and the judiciary about the matter. In a translated statement, he wrote: “I’m using this platform to raise awareness about a serious ongoing scam.”

He went on to say that the incident had begun on Tuesday (Feb. 4) when a well-known entrepreneur contacted Crosetto’s office, asking for his number. Since he already had the entrepreneur’s contact details, he dismissed the situation as a one-off. However, an hour later, the individual disclosed that he had transferred a substantial sum of money to an account provided by this so-called “General.”

This prompted the politician to inform the authorities, even as similar incidents occurred in the following days.
He concluded: “I prefer to make this public to ensure that no one else falls into this trap.”

AI-generated deepfake audio is being used more and more to scam wealthy individuals and business executives into wiring money. In May last year, ReadWrite reported that British engineering firm Arup stated it was the victim of a serious deepfake scam after $25 million was sent to fraudsters.

Featured image: Canva / Grok

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Suswati Basu
Tech journalist

Suswati Basu is a multilingual, award-winning editor and the founder of the intersectional literature channel, How To Be Books. She was shortlisted for the Guardian Mary Stott Prize and longlisted for the Guardian International Development Journalism Award. With 18 years of experience in the media industry, Suswati has held significant roles such as head of audience and deputy editor for NationalWorld news, digital editor for Channel 4 News and ITV News. She has also contributed to the Guardian and received training at the BBC As an audience, trends, and SEO specialist, she has participated in panel events alongside Google. Her…

Get the biggest iGaming headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Gambling News

    Explore the latest in online gambling with our curated updates. We cut through the noise to deliver concise, relevant insights, keeping you informed about the ever-changing world of iGaming and its most important trends.

    In-Depth Strategy Guides

    Elevate your game with tailored strategies for sports betting, table games, slots, and poker. Learn how to maximize bonuses, refine your tactics, and boost your chances to beat the house.

    Unbiased Expert Reviews

    Honest and transparent reviews of sportsbooks, casinos and poker rooms crafted through industry expertise and in-depth analysis. Delve into intricacies, get the best bonus deals, and stay ahead with our trustworthy guides.