
The government has clarified that a video circulating on social media, which appears to show Union Finance Minister Nirmala Sitharaman endorsing an investment platform promising quick financial returns, is fake.
The Press Information Bureau’s Fact Check Unit stated that the video is AI-generated and confirmed that the Finance Minister has not supported any such scheme.
In a post on X, PIB Fact Check wrote, “A video circulating on social media falsely shows Union Finance Minister promoting an investment platform and claiming that an initial deposit of ₹22,000 can generate a guaranteed income of ₹30 lakh per month."
The video is FAKE and AI-generated. Neither the Government of India nor the Finance Minister is endorsing any such investment platform or scheme, the post added.
Citizens have been advised to verify information through official sources before trusting or sharing it. The government also warned people to stay cautious, as such schemes may be phishing attempts designed to deceive them.
The Press Information Bureau’s Fact Check unit had earlier exposed a viral social media video that falsely claimed an investment of ₹22,000 could yield returns of ₹5.5 lakh within a week. The video, which appeared to show Sitharaman making this claim, was confirmed to be fake and identified as a dangerous scam by the PIB Fact Check team.
If you come across fake news in India, there are a few official ways to report it to the government:
Leads for filing a complaint:
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