SCAM ALERT: Fake 'Quantum AI' Investment Scheme Misuses FM Sitharaman's Name

Last updated: 14 April 2026


Quick Summary
A fake 'Quantum AI' investment scheme is circulating on social media, falsely claiming endorsement by Union Finance Minister Nirmala Sitharaman. The Press Information Bureau (PIB) Fact Check has confirmed that this scheme is entirely fraudulent and has no connection to the Finance Minister or the Indian Government. This scam highlights the growing trend of online fraudsters using prominent names and advanced technology to deceive investors.

A viral claim promoting a so-called 'Quantum AI' investment scheme has been circulating across social media platforms, falsely associating it with Union FM Nirmala Sitharaman. The misleading promotion has raised serious concerns among investors and authorities alike. PIB Fact Check Debunks the Cl
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The 'Quantum AI' investment scheme is a fraudulent promotion circulating on social media that falsely claims to be endorsed by Union Finance Minister Nirmala Sitharaman.

No, the Press Information Bureau (PIB) Fact Check has confirmed that neither the Finance Minister nor the Government of India has endorsed this scheme.

No, the PIB Fact Check has categorically stated that the 'Quantum AI' investment scheme is completely fake.

Scammers often use the names of prominent public figures and advanced technologies like AI to gain credibility and lure unsuspecting individuals into making risky or non-existent investments.

Always verify claims through official government websites or trusted sources, avoid clicking on suspicious links, be cautious of schemes promising unusually high returns, and never share personal financial details without proper verification.

You can report misleading or fraudulent content by WhatsApping +91 8799711259 or emailing factcheck@pib.gov.in.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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