Every voice deepfake attack that mattered, 2019 to 2026

Fourteen confirmed cases of cloned voices used to steal money, sway an election, ruin a reputation or impersonate a government, in date order, each with a primary source.

By Pella Research Published Updated 13 minute read

Short answer

Criminals have used cloned voices to steal money since at least 2019. The largest confirmed loss is about 95 million euros, taken from the Italian bank Fideuram in February 2026 after a call in the cloned voice of a real lawyer. Other confirmed cases include a 25.6 million dollar transfer at Arup in 2024, a 35 million dollar transfer in Hong Kong in 2020, and thousands of smaller frauds against families and bank customers. Cloned voices have also turned up in Slovakia's 2023 election, in a robocall telling New Hampshire voters to stay home, in a faked rant that cost a school principal his job, and in voicemails impersonating the US Secretary of State. This page lists each case that has a court record, a police statement or a primary news report, in date order. We add cases as they are confirmed.

€95Mlargest confirmed loss, Fideuram, 2026
$150cost of the Biden robocall voice, 2024
$893MAI-related fraud losses reported to the FBI in 2025
14confirmed cases on this page

What is a voice deepfake attack?

A voice deepfake attack is any fraud, manipulation or impersonation that relies on synthetic speech made to sound like a specific real person. The attacker collects a few seconds to a few minutes of the target's voice from interviews, earnings calls, social media videos or voicemail, feeds it to a voice cloning model, and then either plays prepared recordings or speaks live through the clone. When the call is used to extract money or credentials, security teams call it vishing, short for voice phishing.

A familiar voice changes how you treat the call. If your finance director asks you to wire money, you skip the checks you would run on a stranger. The attacker also pays almost nothing for that trust: a magician made the 2024 Biden robocall in under twenty minutes for 150 dollars.

The cases, in order

Each entry gives the date, the target, what the cloned voice was used for, the outcome and the source. Cases marked "not confirmed" appear because other reports cite them so often, but no authority has verified that AI was used.

UK energy company, about 220,000 euros

  • TargetChief executive of a UK energy firm
  • Loss220,000 euros, not recovered
  • ChannelPhone call

The chief executive of a British energy firm received a call in the voice of his boss at the German parent company, accent and cadence included. The caller told him to wire 220,000 euros to a Hungarian supplier within the hour, and he did. The insurer Euler Hermes said the attackers used commercial voice generation software. The money moved through Hungary and Mexico and the firm did not get it back. This is the first voice clone fraud on record.

Source: Wall Street Journal, August 2019

Hong Kong branch of a Japanese company, up to 35 million dollars

  • TargetBranch manager
  • LossUp to 35 million dollars
  • ChannelPhone call plus emails

A branch manager in Hong Kong took a call from a man whose voice he recognised as a director of the parent company. The director said an acquisition was closing and transfers needed to go out. Emails from the director and from a lawyer handling the deal were already in the manager's inbox. He authorised transfers totalling around 35 million dollars. The case became public through a court filing in which the United Arab Emirates asked US investigators to help trace 400,000 dollars that landed in American accounts. Many articles describe this as a bank being robbed; the filing describes the victim as a company and the investigation as UAE-led.

Source: Forbes, October 2021

Arizona, fake kidnapping

  • TargetA parent
  • LossNone
  • StatusUse of AI not confirmed
  • ChannelPhone call

Jennifer DeStefano picked up a call and heard her 15 year old daughter sobbing, then a man demanding one million dollars. Her daughter was on a ski trip and safe. Another parent called the police while the call was still running and no money was sent. DeStefano later testified to the US Senate. Police never confirmed that AI was used and never identified a suspect. It remains the most cited example of the "distress" scam, which the FBI now counts as its own category.

Source: CNN, April 2023

Retool, 27 customer accounts taken over

  • TargetRetool employee
  • Outcome27 customer accounts breached
  • ChannelText message, then phone call

Employees of the software company Retool received text messages pretending to come from the IT team during a planned login migration. One employee clicked and entered credentials on a fake portal. Then someone phoned them, speaking in the deepfaked voice of a real colleague and familiar with the office layout and internal processes. The employee handed over one additional multi-factor code. That was enough to take over the account and, through it, the accounts of 27 cloud customers, all in cryptocurrency. Retool published its own account of the attack.

Source: Retool engineering blog, September 2023 and TechTarget

Slovakia, election audio

  • TargetProgressive Slovakia and its leader
  • OutcomeSpread unchecked during the media silence
  • ChannelFacebook and Telegram

Two days before Slovakia's parliamentary election, a 100 second audio clip appeared on Facebook and Telegram. In it, the leader of Progressive Slovakia, Michal Simecka, and a journalist appeared to discuss buying votes from the Roma community. Both denied the conversation and the fact-checking unit of AFP found signs of AI manipulation. Slovakia has a 48 hour media silence before voting, so the journalists and politicians who could have rebutted the clip were barred from speaking. Meta's manipulated media policy at the time covered only video, so Meta left the clip up. Progressive Slovakia lost by a small margin. It is the first documented audio deepfake aimed at a national election in Europe.

Source: AI Incident Database, incident 573 and CEDMO

New Hampshire, the Biden robocall

  • TargetDemocratic voters before the primary
  • OutcomeThousands of calls, 6 million dollar FCC fine
  • ChannelRobocall with spoofed caller ID

Two days before the state's presidential primary, thousands of voters got a robocall in the voice of President Biden telling them to stay home. Political consultant Steve Kramer paid a magician 150 dollars to make the audio with ElevenLabs. It took under twenty minutes. The Federal Communications Commission fined Kramer six million dollars and declared AI voices in robocalls illegal under existing law. ElevenLabs closed the account that made the file.

Source: FCC, September 2024 and NPR

Baltimore, a school principal's voice

  • TargetPrincipal of Pikesville High School
  • OutcomePrincipal lost his job, maker jailed
  • ChannelRecording shared online

A recording spread online in which Eric Eiswert, principal of Pikesville High School, appeared to make racist remarks about students and staff. The school was flooded with calls, Eiswert was suspended, and police patrolled his home after threats. Investigators found the school's athletic director, Dazhon Darien, had made the audio with AI after Eiswert told him his contract would not be renewed. Three forensic experts confirmed the recording was synthetic with added background noise. Darien was sentenced to four months in jail in April 2025. Eiswert left the school.

Source: The Daily Record, April 2025

Arup, Hong Kong, 25.6 million dollars

  • TargetFinance employee
  • Loss200 million Hong Kong dollars, about 25.6 million US dollars
  • ChannelEmail, then video call

A finance employee at the engineering firm Arup received an email from the company's UK chief financial officer about a confidential transaction. He was suspicious until the attackers invited him to a video call with the CFO and several colleagues. Everyone on the call was a deepfake built from public video and audio of the real executives. Reassured, he made 15 transfers totalling 200 million Hong Kong dollars to five accounts. Arup confirmed it was the victim in May 2024 and has not reported getting any of the money back.

Source: CNN, May 2024

LastPass, WPP and Ferrari, three attempts that failed

  • TargetEmployees of three large companies
  • OutcomeAll three stopped by staff
  • ChannelWhatsApp and Microsoft Teams

Three large companies reported attacks in the same season, all with the same shape and none successful.

At LastPass, an employee received WhatsApp calls, texts and a voicemail in the voice of chief executive Karim Toubba. The employee judged that the CEO would not use that channel or that urgency, ignored it, and reported it.

At WPP, attackers set up a Microsoft Teams meeting using a cloned voice of chief executive Mark Read, his public photo, and video pulled from YouTube, and tried to get an agency head to set up a new business and share details. The target noticed inconsistencies.

At Ferrari, an executive got WhatsApp messages and then a live call in the cloned voice of chief executive Benedetto Vigna, southern Italian accent included, about a confidential acquisition. The executive asked what book Vigna had recommended to him a few days earlier. The caller hung up.

Source: LastPass blog, The Guardian on WPP, Bloomberg on Ferrari

Italy, the defence minister's voice

  • TargetItalian business leaders
  • LossAbout 1 million euros, later frozen
  • ChannelPhone calls appearing to come from the ministry

Business leaders including Giorgio Armani, Patrizio Bertelli of Prada, Diego Della Valle of Tod's and Marco Tronchetti Provera of Pirelli received calls that appeared to come from the defence ministry in Rome. A staff member put them through to a man speaking in the cloned voice of minister Guido Crosetto, who asked for around one million euros to free kidnapped Italian journalists, to be reimbursed by the Bank of Italy. Massimo Moratti, former owner of Inter Milan, paid. The money was traced to a Dutch bank account and frozen. Crosetto learned of the scam when a confused businessman called him.

Source: Reuters via Cyprus Mail, February 2025

Susie Wiles and Marco Rubio

  • TargetForeign ministers, US governors, senators and executives
  • OutcomeOngoing campaign, per the FBI
  • ChannelSignal, text and voicemail

In May, senators, governors and executives received texts and calls from someone using the contact list of White House chief of staff Susie Wiles. Some who answered heard a voice that sounded like her. In July, a State Department cable disclosed that someone had used a cloned voice of Secretary of State Marco Rubio to leave Signal voicemails for at least three foreign ministers, a US governor and a US senator, alongside messages from a fake state.gov address. The FBI issued a public warning in May and updated it in December 2025, saying the campaign was ongoing and that AI had removed the usual tells.

Source: PBS NewsHour, July 2025 and FBI IC3 alert

Fideuram, Italy, 95 million euros

  • TargetChairman of Fideuram, Intesa Sanpaolo's private bank
  • Loss95 million euros out, about 36 million still missing
  • ChannelWhatsApp, then phone call, then email

Paolo Molesini, chairman of Fideuram, the private banking arm of Intesa Sanpaolo, received a WhatsApp message that appeared to come from group chief executive Carlo Messina. A call followed in the cloned voice of a senior partner at a major law firm, who had no involvement. An email from a spoofed law firm domain supplied account details. Between 23 and 25 February, around 95 million euros left the bank in a series of transfers to accounts in China and Hong Kong, some routed through Portugal. Italian, Chinese and Portuguese authorities recovered more than half. About 36 million euros remained missing when Reuters reported the case in September 2026. Intesa has said it has blocked thousands of AI impersonation attempts aimed at its CEO since the start of the year. This is the largest confirmed loss from a voice clone to date.

Source: Cybernews, September 2026 and Gulf News, both citing Reuters and Corriere della Sera

Michigan, homebuyers, 66,000 dollars

  • TargetA couple days before closing on a house
  • Loss66,000 dollars
  • ChannelEmail plus phone calls

A couple in Michigan lost their down payment in the days before closing. The attackers combined emails that mimicked their title company with phone calls that investigators believe used a cloned voice. Closings suit this fraud: the sum is large, the date is fixed, and the buyer and the title agent have often never met.

Source: CNN, September 2026

Netherlands, 170 victims in three weeks

  • TargetBank customers across the Netherlands
  • LossAbout 380,000 euros
  • OutcomeTwo arrested
  • ChannelAutomated phone calls

Rotterdam police arrested a 23 year old from Vaassen and a 25 year old from Ede. Their operation called people across the Netherlands with AI-generated recordings in the voices of bank employees, in dozens of variants covering different banks and scenarios, warning of suspicious activity. Victims were told to install an app that read their bank card over NFC, after which accomplices withdrew cash at ATMs. 170 people lost around 380,000 euros in three weeks. Most were in their twenties and thirties. Dutch banks spotted the method and raised it with the Electronic Crimes Task Force, which led to the arrests.

Source: Security Affairs, October 2026

How much money is lost to voice deepfakes?

No agency publishes a complete figure, and most numbers circulating online have no source. The best audited data comes from the FBI's Internet Crime Complaint Center. Its report for 2025, the first with a dedicated AI section, records 22,364 complaints that involved AI and 893 million dollars in losses. People over 60 accounted for 39 percent of that. The subset the FBI ties to cloned voices, the family distress scams, came to just over five million dollars. Business email compromise, where attackers now add a cloned voice to confirm a fraudulent wire, reached 3.05 billion dollars in reported losses the same year. Congressional researchers estimate fewer than 5 percent of voice clone victims report at all.

Source: FBI IC3 2025 Internet Crime Report

Summary table

Confirmed voice deepfake attacks, 2019 to 2026. Amounts in the currency reported by the source.
DateTargetWhat the voice didOutcomeSource
Mar 2019UK energy firmBoss ordered a wire220,000 euros lost[1]
Jan 2020Company branch, Hong KongDirector confirmed an acquisitionUp to 35 million dollars lost[2]
Jan 2023Family, ArizonaDaughter's voice in a fake kidnappingNo loss, AI not confirmed[3]
Aug 2023RetoolColleague asked for an MFA code27 customer accounts breached[4] [5]
Sep 2023Slovak electionCandidate "caught" buying votesSpread unchecked during media silence[6] [7]
Jan 2024New Hampshire votersPresident told them not to vote6 million dollar FCC fine[8] [9]
Jan 2024School principal, BaltimoreFake racist rantPrincipal lost job, maker jailed[10]
Feb 2024Arup, Hong KongCFO on a deepfake video call25.6 million dollars lost[11]
2024LastPass, WPP, FerrariCEOs on WhatsApp and TeamsAll three stopped by staff[12] [13] [14]
Feb 2025Italian business leadersDefence minister asked for ransom moneyAbout 1 million euros, frozen[15]
2025US and foreign officialsRubio and Wiles voicemailsOngoing, per FBI[16] [17]
Feb 2026Fideuram, ItalyLawyer confirmed CEO's request95 million euros out, 36 million missing[18] [19]
Sep 2026Homebuyers, MichiganTitle company call before closing66,000 dollars lost[20]
Oct 2026Bank customers, NetherlandsBank staff warned of fraud380,000 euros, two arrested[21]
  1. Wall Street Journal, August 2019wsj.com/articles/fraudsters-use-ai-to-mimic-ceos-voice-in-unusual-cybercrime-case-11567157402
  2. Forbes, October 2021forbes.com/sites/thomasbrewster/2021/10/14/huge-bank-fraud-uses-deep-fake-voice-tech-to-steal-millions/
  3. CNN, April 2023cnn.com/2023/04/29/us/ai-scam-calls-kidnapping-cec/index.html
  4. Retool engineering blog, September 2023retool.com/blog/mfa-isnt-mfa
  5. TechTargettechtarget.com/searchsecurity/news/366552136/Developer-platform-Retool-breached-in-vishing-attack
  6. AI Incident Database, incident 573incidentdatabase.ai/cite/573/
  7. CEDMOcedmohub.eu/how-ai-generated-content-influenced-parliamentary-elections-in-slovakia-the-slovak-police-will-investigate-the-recording-for-a-third-time/
  8. FCC, September 2024docs.fcc.gov/public/attachments/DOC-405811A1.pdf
  9. NPRnpr.org/2024/05/23/nx-s1-4977582/fcc-ai-deepfake-robocall-biden-new-hampshire-political-operative
  10. The Daily Record, April 2025thedailyrecord.com/2025/04/28/dazhon-darien-pikesville-high-ai-deepfake-sentencing/
  11. CNN, May 2024cnn.com/2024/05/16/tech/arup-deepfake-scam-loss-hong-kong-intl-hnk/index.html
  12. LastPass blogblog.lastpass.com/posts/attempted-audio-deepfake-call-targets-lastpass-employee
  13. The Guardian on WPPtheguardian.com/technology/article/2024/may/10/ceo-wpp-deepfake-scam
  14. Bloomberg on Ferraribloomberg.com/news/articles/2024-07-26/ferrari-narrowly-dodges-deepfake-scam-simulating-deal-hungry-ceo
  15. Reuters via Cyprus Mail, February 2025cyprus-mail.com/2025/02/12/italian-police-freeze-cash-from-ai-voice-scam-that-targeted-business-leaders
  16. PBS NewsHour, July 2025pbs.org/newshour/nation/ai-tech-used-to-impersonate-rubio-in-messages-to-foreign-and-u-s-officials
  17. FBI IC3 alertic3.gov/PSA/2025/PSA250515
  18. Cybernews, September 2026cybernews.com/news/ai-voice-scam-hits-italian-bank-for-95-million/
  19. Gulf Newsgulfnews.com/world/europe/ai-voice-cloning-scam-hits-italian-bank-fake-executives-trigger-95m-overseas-transfers-1.500688692
  20. CNN, September 2026cnn.com/2026/09/15/us/homebuyers-voice-cloning-scam
  21. Security Affairs, October 2026securityaffairs.com/201786/cyber-crime/ai-generated-fake-bank-calls-and-nfc-app-enabled-e380000-fraud-dutch-police-say.html

What changed between 2019 and 2026?

Three things stand out when the cases are read in order.

The cost collapsed. The 2019 attack needed specialist software and, by the insurer's account, real effort. By 2024 a magician made a presidential voice in twenty minutes for 150 dollars, and by 2026 a Dutch group was generating dozens of bank voices in bulk.

The calls moved off the phone network. The early attacks came through the office line, where a bank or a telecom can at least flag a spoofed caller ID. The Fideuram and Ferrari approaches began on WhatsApp, the Rubio voicemails arrived on Signal, and the WPP meeting ran on Teams. No carrier can see inside an encrypted chat app.

The voice is now one proof among several. In 2019 the voice did all the work. In 2026 the voice confirms a message that came first on another channel, and a spoofed email or a deepfake video closes the loop. The Fideuram chain was message, then voice, then document. Arup's was email, then video with voice. One strong signal is enough to make a sceptical employee stop checking, and the attackers know it.

What stopped the attacks that failed?

Four of the cases above ended without a loss, each for a specific reason.

None of the four heard that the voice was fake. In each case that ended in a loss, the victim believed the voice, including a bank chairman, a finance employee at a global engineering firm and a branch manager who knew the director personally. The check has to come from a step that does not depend on the listener's ear.

Where does detection fit?

A detector analyses the audio and reports whether a machine produced the speech. It is one layer, and it belongs in two places: when a call or voicemail arrives, before the listener has formed an opinion, and afterwards, when an organisation needs to know what it was dealing with. Use it alongside a callback to a known number or a question only the real person can answer. The detector covers the step those two cannot: it checks the voice itself, which is the thing every victim on this page took on trust.

Pella Research builds detectors for synthetic voice. You can test a recording in the browser on our home page.

Try the detector

How this list is kept

We include a case only when there is a court record, a police or regulator statement, a company statement, or a report from a primary news organisation. Where the use of AI is suspected but unverified, we say so. Figures are in the currency the source reported. If you know of a case that belongs here, write to info@pellaresearch.com.

Frequently asked questions

What was the first voice deepfake fraud?

A March 2019 attack on a UK energy company, in which a cloned voice of the German parent company's chief executive ordered a transfer of 220,000 euros. It was reported by the Wall Street Journal and the insurer Euler Hermes.

What is the largest loss from a voice deepfake?

About 95 million euros taken from Fideuram, the private bank of Intesa Sanpaolo, in February 2026. About 36 million euros was still missing in September 2026.

How much audio is needed to clone a voice?

Commercial tools produce a usable clone from a few seconds to a few minutes of clear speech. Public interviews, earnings calls and social media videos are enough.

Can you hear that a voice is a deepfake?

Not reliably. In each confirmed loss on this page the victim believed the voice, including a bank chairman, a finance employee at a global engineering firm and a branch manager who knew the director personally.

What is the best defence against a voice clone call?

Verify through a second channel you control, such as calling back a number you already have, or ask something only the real person could know. Automated detection of synthetic speech adds a check that does not rely on the listener's judgement.

Are voice deepfake attacks increasing?

Yes. The FBI added a dedicated AI section to its annual crime report for the first time in its 2025 edition, recording 22,364 AI-related complaints and 893 million dollars in losses. Intesa Sanpaolo reported blocking thousands of AI impersonation attempts aimed at its chief executive in 2026 alone.