How It Works
Scammers create manipulated videos of well-known public figures — finance ministers, tech CEOs, or celebrities — appearing to endorse a fake investment platform or crypto scheme. The realistic video lends false credibility, convincing victims to invest in something that doesn't actually exist.
Real Example
manipulated videos of India's Finance Minister and a major tech company's CEO were used to promote a fake crypto investment platform, deceiving people who believed the endorsement was genuine.
Red Flags 🚩
- A public figure "endorsing" an investment platform you've never heard of
- Video shared widely on social media or WhatsApp with urgent calls to invest
- Platform promises guaranteed or unusually high returns
- No SEBI registration or verifiable company information
Protection Steps 🛡️
- Public figures rarely endorse specific investment apps directly.
- Verify any investment news through official, established news sources.
- Check SEBI registration before investing anywhere.
- Report manipulated videos to the platform and to cybercrime authorities.