📷 Image Credits: Mint
A 54-year-old doctor in Mumbai has fallen victim to a share market scam that led to her losing over ₹7 lakh after being lured in by a deepfake video featuring industrialist Mukesh Ambani. The case has now been registered under sections 419 and 420 of the Indian Penal Code (IPC) and section 66(D) of the IT Act following a complaint filed with the Mumbai Police. The doctor, identified as Dr. KK Patil, reported that between the dates of April 15 to 17, she ended up losing the substantial amount of money due to the fraudulent scheme. It was revealed that she came across a deepfake reel of Mukesh Ambani on Instagram, which ultimately led her to get involved in the scam. Dr. Patil’s statement included details of how she was added to a WhatsApp group through a link, promised profits, asked to download an app, and instructed to deposit funds into various accounts as part of the scam. This incident has once again highlighted the dangers of deepfake technology and how it can be misused in financial fraud schemes. The Oshiwara police have taken legal action against unidentified individuals responsible for the scam, citing sections of the IPC and IT Act regarding impersonation and cheating. They are currently working with bank officials to block the money that was transferred by the victim. The use of deepfake technology to create the fake video of Mukesh Ambani endorsing the scam is a troubling development and showcases the evolving nature of financial fraud in the digital age. As authorities continue to investigate this case, it serves as a cautionary tale for individuals to remain vigilant and skeptical when faced with enticing investment opportunities online. The incident involving Dr. KK Patil emphasizes the importance of verifying information and conducting thorough research before making any financial decisions, especially in the realm of online trading and investing. Stay tuned to HeadlineFly.com for further updates on this developing story.