Four arrested in cyber frauds using deep fake of analysts

MUMBAI: Four executives of a Bangalore-based digital marketing firm were arrested recently by the city cyber police for allegedly cheating investors by posting deep fake videos of various share-market experts.

The police said they received a complaint on September 29 from a well known Securities and Exchange Board of India (SEBI) research analyst, who also appears on TV channels. He told the police that a team of cyber frauds sitting in foreign countries had used his name and posted several deepfake videos of him on social media to dupe innocent people.