A woman from Kerala lost ₹49.2 lakh after trusting a Facebook video that falsely showed Union Finance Minister Nirmala Sitharaman claiming that online trading could generate high returns.
Hoping for big returns, she transferred her savings to several bank accounts between July 15 and September 22, 2026, only to realize she'd been tricked when nothing came back.
Cyber police track funds, register case
After reporting the fraud, cyber police began tracking the money trail and are working to freeze the scammer's accounts.
A case was registered under various sections of the Bharatiya Nyaya Sanhita and the Information Technology Act.
Authorities are reminding everyone: AI-generated videos can look convincing but always double-check before sending money online.