CALCULATE YOUR SIP RETURNS

PIB Fact Check: Ex‑RBI Governor Shaktikanta Das Did Not Endorse ₹10 Lakh Monthly Returns; Video Is Fake

Written by: Team Angel OneUpdated on: 9 Jul 2025, 9:30 pm IST
A fake video falsely featuring an ex-RBI Governor claims ₹21,000 investment returns of ₹10 lakh. The Government warns the public of such scams.
PIB Fact Check: Ex‑RBI Governor Shaktikanta Das Did Not Endorse ₹10 Lakh Monthly Returns; Video Is Fake
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

A manipulated video circulating on social media that falsely shows Ex-RBI Governor Shaktikanta Das promoting a get-rich scheme has been exposed as fake by the Press Information Bureau (PIB). The government has issued multiple warnings urging citizens not to fall for such scams promising large financial returns.

False Claims of ₹10 Lakh Monthly Returns

Recently, a video surfaced online suggesting that investing ₹21,000 could yield returns of ₹10 lakh per month. The footage falsely depicted Ex-RBI Governor Shaktikanta Das endorsing the scheme. PIB Fact Check swiftly responded, declaring the video fake and digitally manipulated. It clarified that the RBI does not support or promote any private investment platforms nor does it offer such financial advice.

Government Advisory on Scam Prevention

The government has reiterated caution among the public, especially for schemes claiming to offer high returns with minimal investment. Users are advised to always verify investment information through official channels and not to trust visuals or messages that appear too good to be true. Reports of such deceitful content can be submitted to PIB Fact Check for validation.

Past Incidents of Misusing Public Figures

This is not the first time a scam has used deepfake technology to mislead the public. Earlier, similar content emerged with digitally altered videos portraying public officials, including former RBI representatives, allegedly supporting suspicious schemes. The RBI had categorically denied any links to them, highlighting the misuse of public trust through digital manipulation.

Read More: PIB Fact Check: PM Modi Video on Investment Scheme is Fake!

Public Urged to Stay Alert and Responsible

Officials continue to warn citizens about the increasing use of AI tools to fabricate endorsements. Misusing the image or voice of trusted institutional heads magnifies the potential damage. Therefore, being informed and cautious remains vital while handling financial decisions online.

Conclusion

A deep fake scam video falsely linking Shaktikanta Das with a high-return investment scheme has been debunked by PIB. The government stresses the importance of verifying such claims and not falling for misleading content. Staying informed and vigilant is key to safeguarding against digital fraud.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies 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 securities are subject to market risks. Read all related documents carefully before investing.

Published on: Jul 9, 2025, 4:00 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers