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Deepfake celebrity investment ads

A famous face "recommends" a stock tip or trading app with guaranteed returns. The video is fake.

How it works

A video appears in your feed: a well-known business leader, actor or cricketer talking about a “secret” stock, a trading app or a scheme that doubles your money. It looks and sounds real. The link takes you to a group or app run by scammers, who show fake profits until you invest more, then disappear.

A real warning

In April 2024 the National Stock Exchange (NSE) warned investors about deepfake videos of its MD and CEO, Ashishkumar Chauhan, appearing to recommend stocks. NSE said its employees are not authorised to recommend stocks, and that its official messages come only through its website and verified accounts.

If it has already happened

  1. Don't click, and don't pay anyone.
  2. Check the person's or company's official website and verified accounts for any such offer.
  3. If you paid, call 1930 and report at cybercrime.gov.in. Report the ad on the platform.

Protect yourself

Say it simply

Tell the family

Share this with parents and grandparents: celebrities don't give personal stock tips in ads.

Tell grandparents

If a famous person in a video tells you where to put your money, assume it's fake. Ask family first.

Where to report

Learn more

Sources

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