PIB Warns Against AI Deepfake Investment Scams Using FM Sitharaman's Videos

• PIB Fact Check issued a warning about fake investment schemes promoted via AI-generated videos of Union Finance Minister Nirmala Sitharaman on social media.
• These sponsored ads on platforms like Facebook and Instagram falsely claim high returns for small investments, such as Rs 10 lakh for Rs 22,000.
• The Centre clarified that neither the Finance Minister nor the government endorses any such investment schemes.
• Citizens are advised to verify financial claims through official government portals (RBI, SEBI) and avoid suspicious links or sharing personal details.
• Similar deepfake incidents involved former RBI Governor Shaktikanta Das and President Droupadi Murmu, with one used by Pakistan-based accounts.

Why It Matters: Beware of AI deepfake investment scams using public figures; verify financial claims with official sources.