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71-year-old retired doctor loses ₹20 lakh to deepfake finance minister investment scam on online advertisement

Mar 27, 2025Hyderabad, India1 source

Summary

A 71-year-old retired doctor from Hyderabad was scammed of over ₹20 lakh through an online investment scam involving a deepfake video of Union Finance Minister Nirmala Sitharaman. The scam began on March 27, 2025, when the victim saw an online advertisement featuring the AI-generated video promoting a fake investment opportunity. The video included a hyperlink directing viewers to a fraudulent trading website. The cybercrime wing of the Hyderabad police filed a case following the victim's complaint and started an investigation. The incident was reported on June 17, 2025.

Incident Details

Domain
Fraud & Financial
Harm Types
Deepfake Fraud
AI-Powered Financial Fraud
Mechanism
content
Recipient
IndividualA 71-year-old retired doctor from Hyderabad
Dimensions
economicautonomy

Sources

1
Deepfake video of Finance Minister Nirmala Sitharaman used to dupe 71-year-old Hyderabad-based doctor of over ₹20 lakh - The Hindu
Google News Historical Backfill·Jun 17, 2025

This incident is documented by a single source. Source count reflects coverage in our monitored feeds, not the totality of reporting, and we do not evaluate publication quality.