AI Voice Scam Swindles Italian Bank Out of €95 Million, Millions Converted to Bitcoin
Paolo Molesini, former chairman of the Italian private bank Fideuram, was defrauded of approximately €95 million in February 2026 after receiving a WhatsApp message from a fake CEO and a phone call using an AI-cloned voice of a lawyer. While the bank recovered over half of the funds, €39.5 million remains lost, with over €36 million traced to two Bitcoin wallets. A 48-year-old Israeli national has been identified as a suspect in the case.
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