SBI Warns of Deepfake Investment Scam
These videos misuse technology to create false narratives and deceive people into making financial commitments in fraudulent schemes.
New Delhi: State Bank of India today cautions all its customers and the general public about many deepfake videos being circulated on Social Media, falsely claiming the launch of an AI-based platform showcasing lucrative investment schemes supported by State Bank of India in association with the Govt. of India and some multinational companies.
These videos misuse technology to create false narratives and deceive people into making financial commitments in fraudulent schemes. On this bank gave clarification and said, "We clarify that SBI does not endorse any such schemes that promise unrealistic or unusually high returns.
All our customers and public at large are advised to verify information from our official website (https://bank.sbi) /official social media handles or from any of our nearest branch. Do not engage with or fall prey to such deepfake videos."
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