PIB Fact Check: Beware of Fake Investment Videos Featuring Finance Minister Nirmala Sitharaman

In recent times, scammers have found new ways to trick people using advanced technology like artificial intelligence (AI). One of the most dangerous trends is the use of deepfake videos—these are fake videos made by digitally altering real videos to show someone saying things they never actually said. Now, scammers have made fake videos of India’s Finance Minister Nirmala Sitharaman to promote false investment schemes.

What Are These Fake Videos Saying?

Several videos are circulating on Facebook and other social media platforms showing Nirmala Sitharaman supposedly endorsing investment schemes that promise huge returns in a very short time. One video claims that by investing Rs 22,000, a person can earn Rs 60,000 in a single day and nearly Rs 10 lakh in a month using a “smart trading platform.”

Another video shows the Finance Minister promoting a platform called ‘QuantumAl’ and suggests that by investing Rs 21,000, investors can make up to Rs 20 lakh every month.

What Does PIB Fact Check Say?

The Press Information Bureau (PIB) Fact Check team has strongly warned the public that these videos are fake. They have confirmed that the videos are digitally altered and fraudulent. No such investment scheme has been introduced or approved by the Finance Minister or the Indian government.

PIB’s Fact Check team clearly states:

• No plan promising such high returns exists.
• The government has not launched or endorsed any such platform.
• These videos are attempts to deceive the public.

Why Should You Be Careful?

Financial experts advise everyone to be very cautious before investing in any scheme that promises unusually high returns in a short time. Such offers often sound too good to be true, and many times, they turn out to be scams. It is always important to do thorough research and consult trusted sources before making any investment decisions.

Read more: PIB Fact Check REVEALS Fraudulent ₹60,000 Tax Refund Scam, Are You Next?

Conclusion

Scammers are using fake videos of Finance Minister Nirmala Sitharaman to trick people into investing in bogus schemes promising unrealistic profits. The government has confirmed these videos are fake and warned the public to stay alert. Always remember: if an investment opportunity sounds too good to be true, it probably is. Stay safe by verifying information from official sources and avoiding suspicious offers.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.