Govt Debunks Fake AI Video: Rs 22,000 for Rs 10 Lakh Monthly Returns is a Scam

Business
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Moneycontrol•06-01-2026, 13:41
Govt Debunks Fake AI Video: Rs 22,000 for Rs 10 Lakh Monthly Returns is a Scam
- •PIB Fact Check debunks viral AI-generated video misusing Nirmala Sitharaman and Shaktikanta Das.
- •The fake ad on Instagram promises Rs 10 lakh monthly returns for a Rs 22,000 investment.
- •Government confirms no such scheme exists from Finance Ministry or RBI.
- •Urges caution against "too-good-to-be-true" investment offers and rising AI disinformation.
- •Advises verifying claims, avoiding suspicious links, and reporting scam advertisements.
Why It Matters: Beware of AI-generated investment scams promising unrealistic returns; government confirms they are fake.
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