Security· ★★★· bearish·

Intesa Sanpaolo's Fideuram loses €95M in AI voice-cloning scam, €36M converted to crypto

  • —Scammers impersonated Intesa Sanpaolo CEO Carlo Messina and lawyer Paolo Nastasi
  • —€40 million was returned via Chinese banks, €13 million seized with Portugal's help
  • —€36 million was converted into crypto and remains unaccounted for
  • —Former Fideuram chairman Paolo Molesini resigned on March 16, 2026
Why it matters: The case highlights how AI-driven fraud and crypto layering make fund recovery harder even for major banks.
Source: Crypto Briefing
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