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Bengaluru Man Duped by Deepfake Investment Scam Involving Public Figures

Bengaluru Man Duped by Deepfake Investment Scam Involving Public Figures

First seen 26 Sep 2026, 16:22 UTC • •

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ThreatCluster AI
ThreatCluster •September 27, 2026 at 16:34 UTC
  • •Victim lost Rs 7.66 lakh due to deepfake investment scam.
  • •Scammers used videos of prominent figures to gain trust.
  • •Investigation is ongoing after the victim reported the fraud.

A 39-year-old man from Bengaluru lost Rs 7.66 lakh in a deepfake investment scam involving manipulated videos featuring Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman, Sudha Murty, and Anant Ambani. The victim encountered these videos on July 10, 2026, which falsely promoted online investment opportunities. After clicking a link, he transferred an initial amount of Rs 22,000 and was subsequently contacted by scammers posing as representatives of a company called 'One Two Markets'. Over the next two weeks, he transferred approximately Rs 7.6 lakh, believing he was generating profits. When he attempted to withdraw his funds, the scammers demanded more money, prompting him to report the incident to the police. An FIR was filed on September 19, 2026, and an investigation is ongoing. This incident reflects a growing trend of cyber fraud using AI-generated deepfake content to mislead investors.

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Timeline

2026-07-10
Victim encounters deepfake videos
The victim saw manipulated videos featuring public figures promoting an investment scheme.
Mangaloretoday
2026-07-10
Initial investment made
The victim transferred Rs 22,000 to start investing after clicking a link in the deepfake videos.
Newsmobile.In
2026-07-22
Total investment reaches Rs 7.66 lakh
The victim transferred approximately Rs 7.6 lakh over multiple transactions, believing he was earning profits.
Mangaloretoday
2026-09-19
FIR registered
The victim filed a police report, leading to an investigation into the scam.
Newskarnataka

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