Deepfake videos of Narayana Murthy, Mukesh Ambani: Bengaluru residents lose Rs 87 lakh in trading scam

Two Bengaluru residents recently fell prey to deepfake videos of Infosys co-founder N R Narayana Murthy and Reliance Industries chairman Mukesh Ambani, losing Rs 87 lakh in an online share trading scam, said the police.

In the first case, Veena K G, 57, a resident of Banashankari in Bengaluru, reported to the South CEN crime police that she lost Rs 67.1 lakh over nearly a month, from September 23 to October 20. She first encountered a video on Facebook in which Murthy appeared to endorse the ‘FX Road’ platform for stock investments.