The Reserve Bank of India (RBI) has issued a warning to the public regarding deepfake videos circulating on social media. These fabricated videos falsely show top RBI officials, including the Governor, endorsing or launching investment schemes and offering financial advice. The RBI has clarified that its officials are not involved in any such activities and that these videos are entirely fake. The public is strongly advised to be cautious and avoid falling victim to these fraudulent schemes.
RBI cautions public on deepfake videos of Top Management circulated over social media giving financial advice
It has come to the notice of Reserve Bank of India that fake videos of the Governor are being circulated in social media that claim launch of or support to some investment schemes by the RBI. These videos attempt to advise people to invest their money in such schemes, through use of technological tools.
RBI clarifies that its officials are not involved in or support any such activities and these videos are fake. RBI does not give any such financial investment advice.
Members of the public are, therefore, cautioned against engaging with and falling prey to such deepfake videos circulated over social media.
FAQ :
The RBI is warning the public about deepfake videos circulating on social media that falsely feature top officials, like the Governor, offering financial advice and endorsing investment schemes.
No, the RBI clarifies that it does not launch or support any such investment schemes, and the videos promoting them are fake.
No, the RBI has stated that its officials are not involved in or support any such activities, and they do not give financial investment advice through videos.
Members of the public are cautioned against engaging with these deepfake videos and falling prey to them.
The article mentions that these videos attempt to advise people to invest their money using technological tools, implying sophisticated manipulation.