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The rise of AI deepfakes – and how to protect your wealth from them

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When Fideuram, the private banking division of Italy’s largest bank, Intesa Sanpaolo, received an urgent request to approve an overseas transaction, then-chairman Paolo Molesini authorised a series of transfers totalling €95 million (£79.6 million). It turned out, Fideuram had been scammed. The fraud, first reported by Reuters in September, involved…

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