Retired IAF Officer Falls for AI-Generated Video, Loses Rs1 Crore in Online Forex Scam
5 Articles
5 Articles
A Pune businessman was duped of ₹1.07 crore (₹10.7 million) through a fake video generated by AI. The fraudsters used fake investment platforms and SpaceX to gain his trust.
Pune Businessman Loses ₹1.07 Crore in AI Deepfake Scam Using Fake Nirmala Sitharaman Video - PUNE PULSE
Pune, August 6, 2026: A 58-year-old businessman from Pune has lost ₹1.07 crore in a sophisticated cyber fraud after being lured by an AI-generated deepfake video impersonating Union Finance Minister Nirmala Sitharaman. Cybercriminals allegedly used the fake video to promote a bogus investment platform promising exceptionally high returns. According to the complaint, the businessman came across the
A retired Air Force officer from Pune invested Rs 1 crore after seeing a video that went viral on social media. But even the police were shocked to hear what happened next.
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