• Latest
  • Trending
Bengaluru residents fall victim to deepfake scam impersonating Narayana Murthy and Mukesh Ambani: Report

Bengaluru residents fall victim to deepfake scam impersonating Narayana Murthy and Mukesh Ambani: Report

4 November 2024
India is the sixth-largest exporter of textiles and apparels: Economic Survey

Data Story: Indian exports to G-7 nations

19 June 2025
Sebi changes rules to help startup founders keep stock options after IPO

Sebi changes rules to help startup founders keep stock options after IPO

19 June 2025
Daily Coffee Market Report Thursday June, 19 2025

Daily Coffee Market Report Thursday June, 19 2025

19 June 2025
Pure Storage platform enables organizations to build their own enterprise data cloud

Pure Storage platform enables organizations to build their own enterprise data cloud

19 June 2025
Virtual Galaxy Infotech reports 97% profit surge in FY25, expands into cybersecurity and African markets

Virtual Galaxy Infotech reports 97% profit surge in FY25, expands into cybersecurity and African markets

18 June 2025
Capgemini Report: Gen AI Delivers 1.7x ROI, Paving Way for Agentic AI Growth

Capgemini Report: Gen AI Delivers 1.7x ROI, Paving Way for Agentic AI Growth

18 June 2025
The role of Rare Earth metals in everyday technology

The role of Rare Earth metals in everyday technology

18 June 2025
Mahindra Aerostructures Bags $300M Aernnova Contract

Mahindra Aerostructures Bags $300M Aernnova Contract

18 June 2025
Data story: Mumbai port Import/Export data comparison April to May 25

Data Story: Vessel Position Report

18 June 2025
AI-powered healthcare revenue solution provider, Infinx secures $150 million investment from KKR

Innominds & Celegence partner in life sciences space

18 June 2025
Introducing hoops AI, your ultimate AI-Powered trading tool

Meta tries to poach OpenAI staff with $100 million bonuses

18 June 2025
Oracle launches first-of-its-Kind defense ecosystem to redefine national security innovation

Oracle launches first-of-its-Kind defense ecosystem to redefine national security innovation

17 June 2025
  • Careers
  • Advertisement
Thursday, June 19, 2025
  • Login
Data Biz Times
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
Data Biz Times
No Result
View All Result
Home Blog

Bengaluru residents fall victim to deepfake scam impersonating Narayana Murthy and Mukesh Ambani: Report

by databiztimes.com
in Blog
Reading Time: 2 mins read
0
Bengaluru residents fall victim to deepfake scam impersonating Narayana Murthy and Mukesh Ambani: Report

Athira Sethu

Kochi, 4 November 2024

Two people in Bengaluru have lost almost Rs 80 lakh on the basis of deepfake videos of famous business personalities Narayana Murthy and Mukesh Ambani, according to a report by The Times of India. Separate cases have been filed at the Bengaluru South CEN police station and investigations are underway.

How the Scam Worked

In one case, Veena from Banashankari saw a video wherein Narayana Murthy promoted a trading platform by giving high returns. Unaware that the video was fake, she clicked a link and shared her personal details. An agent later called her and asked her to invest money. She first invested Rs 1.4 lakh from her credit card and made Rs 8,000 in profit. Inspired by this, she again invested Rs 6.7 lakh but never received returns.

She got another advertisement on Instagram, where she was offered a work-from-home opportunity. She was told that with this rating of an online platform called ASOS, she could earn good money. She invested Rs 67 lakh, and she did see a profit of Rs 55,000 on that site. But when she tried to withdraw her money, she was asked to pay a huge tax. Thereafter, her calls would go unanswered.

The scam was repeated with an elderly man by the name of Ashok Kumar. He received a Facebook advertisement with a deepfake video of Mukesh Ambani, stating that one could make high returns on an investment platform. Kumar made a transfer of Rs 19 lakh to two accounts that the fraudsters had sent him, but never received a word from them and figured out he was a victim of the scam.

Last year, Narayana Murthy also warned the public against fraudsters using his name. He said many trading websites were citing his endorsement. He announced on social media that false news and videos were surfacing that he was advertising automated trading apps like BTC AI Evex and similar ones. He clarified that he does not endorse any of these.

databiztimes.com

databiztimes.com

Related Posts

The role of Rare Earth metals in everyday technology

The role of Rare Earth metals in everyday technology

by databiztimes.com
18 June 2025
0

Athira Sethu Kochi, 18 June 2025 Rare earth metals are crucial to the technology that we use daily. These metals...

Cognizant named one of America’s Greatest Workplaces and Greatest Workplaces in Tech

Cognizant named one of America’s Greatest Workplaces and Greatest Workplaces in Tech

by databiztimes.com
8 June 2025
0

DBT Bureau Pune, 8 June 2025 Cognizant announced it has been named one of America’s Greatest Workplaces 2025 and one...

Ransomware attacks targeting industrial operators surge 46% in one quarter, Honeywell report finds

Ransomware attacks targeting industrial operators surge 46% in one quarter, Honeywell report finds

by databiztimes.com
4 June 2025
0

DBT Bureau Pune, 5 June 2025 In a growing wave of sophisticated cyber threats against the industrial sector, ransomware attacks...

Aequs files for an IPO on a confidential basis

Aequs files for an IPO on a confidential basis

by databiztimes.com
3 June 2025
0

DBT Bureau Pune, 3 June 2025 Aequs Limited, a 'Make in India' for the world manufacturing platform providing fully vertically...

DBT Bureau

Data Biz Times © 2025. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Media Release
  • Data Story
  • Business
  • Tech
  • Artificial Intelligence

Data Biz Times © 2025. All Rights Reserved.