Wire Fraud Prevention

How RPost's AI Technology Stops Cybercriminals Using Generative AI for Impersonation Fraud

October 04, 2024 / in Blog / by Zafar Khan, RPost CEO

Unimaginable Identity Thieves - They Steal Your ID to Trick YOUR Colleagues.

Armand here, your sporty armadillo product evangelist of all things RPost. Rather than show my sporty side this week, I thought I would get back to security tech, as there is a new trend that you and all your staff, clients, and colleagues should be aware of.

How $125 Million Was Stolen in a Real Estate Transaction and How RPost PRE-Crime™ Can Protect

August 30, 2024 / in Blog / by Zafar Khan, RPost CEO

Story of Multi-Party Impersonation schemes; one person poses on both sides of a transaction via tactics like AI clones to siphon large sums.

Speaking to a multi-family-office real estate investor, he mentioned that his colleague mis-sent $125 million in a San Francisco commercial real estate transaction closing, with the funds ultimately routing off to Nigeria. Yes, $125 million!