FT商学院

AI heralds the next generation of financial scams

Voice cloning is just one of the new tools in the tricksters’ armoury

It was last spring when Paddric Fitzgerald received a telephone call at work. He had been playing music via his phone, so when he picked up, the voice of his daughter screaming that she had been kidnapped erupted over the speakers.

“Everyone has those points in their lives like ‘Oh, that moment I almost drowned as a kid’,” he says. “It was one of the most emotionally scarring days of my life.”

Declining an offer of a firearm from a colleague, Fitzgerald, a shop manager based in the western US, raced to get cash out from a bank, while staying on the phone.

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