The Indian government has issued a serious warning following the circulation of a digitally manipulated video that falsely features Union Finance Minister Nirmala Sitharaman. The video promotes a fraudulent investment scheme, claiming unrealistic returns that could mislead potential investors. This alert comes as the government seeks to combat rising incidents of online scams that exploit the names and images of prominent public figures.
In a post on social media, the Press Information Bureau (PIB) Fact Check stated that the misleading video claims an “official government programme” could yield returns of up to ₹16 lakh per month on an initial investment of just ₹22,000. The PIB firmly declared that the video is fake—generated by artificial intelligence—and emphasized that neither Sitharaman nor the Government of India has endorsed any such investment platform or scheme.
The PIB warned citizens against engaging with links associated with these fraudulent claims, indicating that they may be phishing attempts aimed at stealing personal or financial information. The agency reiterated that any government-backed financial initiatives are never promoted through unofficial videos or social media links that promise guaranteed or unusually high returns.
Officials have noted a concerning rise in misinformation tactics involving deepfake and AI-generated content, particularly in financial scams. These scams frequently misuse the identities of senior public figures to gain credibility among potential victims. The government has urged citizens to remain vigilant and verify information through official channels, especially when faced with enticing promises of quick or guaranteed profits.
As concerns about digital manipulation and misinformation grow, the government’s stance reflects a broader awareness of the challenges posed by evolving technology. The rise of AI tools that can generate convincing fake content complicates the landscape for both regulators and consumers alike. These advancements make it increasingly difficult for individuals to discern legitimate information from deceptive schemes.
In response to this situation, cybersecurity experts have emphasized the importance of digital literacy among the public. Educating individuals on identifying red flags in investment opportunities, such as promises of high returns with minimal risk, could help mitigate the risks associated with online scams. Additionally, individuals are encouraged to report suspicious activity to appropriate authorities to aid in tackling this growing issue.
As the digital ecosystem continues to evolve, the implications of AI-generated misinformation necessitate increased scrutiny from both government and private sectors. Authorities are likely to face ongoing challenges in enforcing regulations that can keep pace with technological advancements in content creation. In the meantime, public vigilance and awareness remain crucial in protecting against the rising tide of digital fraud.
The proliferation of such fraudulent schemes highlights the urgent need for comprehensive measures to safeguard consumers in an increasingly complex digital world. As the government reiterates its commitment to combat misinformation and protect citizens, the focus will likely remain on fostering a well-informed public equipped to navigate the potential pitfalls of online investment opportunities.
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