is that a scam?
← Back to all scams
HIGH investment Share

AI deepfake of Finance Minister on Facebook ads promises ₹70,000 a day — it is a scam

AI-generated deepfake videos of Finance Minister Nirmala Sitharaman or PM Modi appear as Facebook and YouTube ads claiming ₹22,000 grows to ₹70,000 a day. Clicking leads to a fake trading platform that steals deposits.

Also known as: Nirmala Sitharaman fake investment video, deepfake minister investment ad, FM investment scheme Facebook scam, AI celebrity endorsement investment fraud, fake government investment platform ad

What to do right now

  1. 1 Never invest based on a social media video of a public figure — check PIB Fact Check (pib.gov.in/factcheck) or run the thumbnail through reverse image search before acting
  2. 2 Verify any investment platform's SEBI registration at sebi.gov.in — unregistered platforms are illegal; registered ones never guarantee daily returns
  3. 3 If you already transferred money, call 1930 immediately (national cyber helpline) and tell your bank to freeze the destination account — speed matters
  4. 4 Report the fake ad to Facebook or YouTube using the 'Report Ad' button, and report the scam at cybercrime.gov.in
  5. 5 Report at https://cybercrime.gov.in or call 1930 (national cyber helpline).

Red flags

  • Any Facebook or YouTube ad showing a Finance Minister, Prime Minister, or RBI Governor endorsing a specific investment platform — Indian government officials never endorse private investment platforms
  • The video promises guaranteed daily returns of ₹70,000 or monthly returns of ₹22 lakh from a ₹22,000 starting investment — no legitimate regulated scheme offers this
  • The ad uses a WhatsApp number or a non-official website (not gov.in or sebi.gov.in) for sign-up — official government bodies never recruit via WhatsApp or personal mobile numbers
  • The 'platform' shows impressive-looking returns in your dashboard but any withdrawal attempt triggers new fees, taxes, or verification steps
  • PIB Fact Check or news agencies have already labelled this video as deepfake — look up the official before investing

Sources

Share this with someone who might need it