Government Debunks Fake Video of Nirmala Sitharaman Promoting Investment Scam
Did Nirmala Sitharaman promote a platform promising ₹30 lakh monthly returns? Here’s the truth
Mint
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The Indian government has confirmed that a viral video purportedly showing Union Finance Minister Nirmala Sitharaman endorsing an investment platform promising ₹30 lakh monthly returns is fake. The Press Information Bureau emphasized the importance of verifying information from official sources to avoid falling victim to scams.
- 01The video claiming Nirmala Sitharaman endorsed a fraudulent investment scheme is AI-generated and fake.
- 02The Press Information Bureau (PIB) has warned citizens to be cautious of such scams.
- 03An earlier fake video falsely claimed an investment of ₹22,000 could yield ₹5.5 lakh in a week.
- 04Citizens are encouraged to report fake news through official channels.
- 05The government advises verifying information before sharing to prevent misinformation.
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The Indian government has clarified that a viral video circulating on social media, which appears to show Union Finance Minister Nirmala Sitharaman endorsing an investment platform promising ₹30 lakh in monthly returns, is fake. The Press Information Bureau's Fact Check Unit confirmed that the video is AI-generated and that neither the Finance Minister nor the Government of India supports such schemes. The PIB warned that these types of scams may involve phishing attempts aimed at deceiving individuals. Previously, a similar fake video claimed an investment of ₹22,000 could yield returns of ₹5.5 lakh within a week. Citizens are advised to verify information through official sources and report any fake news they encounter. The PIB provides several channels for reporting misinformation, emphasizing the need for vigilance against online fraud.
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This misinformation can lead individuals to invest in fraudulent schemes, risking their financial security.
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