A misleading investment message circulating on social media is falsely claiming that Union Finance Minister Nirmala Sitharaman is endorsing a scheme called ‘Quantum AI’.
The post promises unusually high returns from a small investment while claiming there is no financial risk and that the scheme carries a government guarantee.
Authorities have clarified that the claims are false and have advised the public to remain cautious about such online investment promotions.
The viral message alleges that investors can convert an investment of ₹22,000 into nearly ₹40 lakh through a platform referred to as ‘Quantum AI’.
The social media posts also falsely suggest that the scheme has the backing of the Finance Minister and offers guaranteed returns without any investment risk.
Such claims have gained attention online due to the promise of unusually high profits in a short period. However, there is no official government scheme or regulated investment product linked to these claims.
The Press Information Bureau’s Fact Check unit clarified through a post on X that the circulating message is not genuine. According to the PIB Fact Check team, the Finance Minister has not endorsed any such investment platform or return guarantee.
The government’s fact-checking agency stated that the claim promising ₹40 lakh returns on an investment of ₹22,000 is false and misleading. It also warned users against relying on unauthorised investment advertisements shared through social media platforms.
The viral posts attempt to create credibility by linking the alleged scheme to the Union Finance Minister and suggesting government involvement. However, officials have confirmed that no such programme exists under any government initiative.
Investment schemes offering guaranteed high returns with “zero risk” are often treated as warning signs by financial regulators and cybersecurity experts. Legitimate investments typically involve market risks and are regulated through authorised financial institutions.
Online investment scams often use the names of public figures, government officials, or well-known companies to attract attention and build trust among potential victims. Fraudsters may also use fabricated testimonials, manipulated screenshots, or fake news-style advertisements to make the schemes appear authentic.
In many cases, investors are persuaded to transfer money through unregulated websites or apps that later become inaccessible.
Before investing in any online platform, individuals should verify whether the company or scheme is registered with relevant financial regulators such as SEBI or RBI. Investors are also advised to:
Authorities have encouraged people to rely only on verified information from official sources.
Read More: Social Media Stock Market Scams in India: How to Identify & Avoid Them.
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The so-called ‘Quantum AI’ investment scheme being circulated online has been identified as a fake claim by the PIB Fact Check team.
The misuse of Finance Minister Nirmala Sitharaman’s name highlights the growing use of misleading endorsements in online financial scams. Investors are advised to verify investment-related claims carefully and avoid platforms promising unrealistic returns or guaranteed profits.
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 or 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.
Investments in the securities market are subject to market risks. Read all related documents carefully before investing.
Published on: May 7, 2026, 12:29 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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