GCD AI RADAR
incidents/AIR-2024-0047

Generative AI Used in Real Estate Wire Fraud Scheme

AI-enabled attack4 Confirmed real-world lossAI phishing / social engineering

Scammers used AI-generated phishing emails impersonating a title company lawyer to trick a homebuyer into wiring funds. The victim suffered a significant financial loss despite recovering a portion.

Details

type
AI-enabled attack
Attackers used AI as a meaningful part of a cyberattack against someone else.
categories
  • AI phishing / social engineering
    Phishing, lures and social engineering produced or personalised at scale with AI.
owasp llm top 10
no entry for these categories
mitre atlas
Both rows are derived from the type and categories (OWASP 2025 edition, ATLAS release 2026.09), not classified per record. How
severity
4 · Confirmed real-world loss
Financial loss, PHI/PII breach, safety impact or regulatory action.
targets
Individuals
incident date
23 Aug 2024
first reported
23 Aug 2024
origin
AI Incident Database
Derived from the AI Incident Database (CC BY-SA 4.0).
classifier confidence
0.85 · published at or above 0.80; see the methodology
tags
phishing · wire-fraud · real-estate
record
created 2026-10-18 06:33Z · updated 2026-10-18 06:59Z · json

Sources · 1

  1. 2024-08-23
    Generative AI Allegedly Used to Facilitate $255,000 Real Estate Fraud Scheme
    AI Incident Database · incidentdatabase.ai/cite/864

Titles and links belong to their publishers. The summary above is written by GCD AI RADAR in its own words; data is CC BY-SA 4.0.

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