By Dipak Kurmi
The rapid expansion of the digital economy has altered the way people interact, invest, and even imagine wealth creation. With the ease of mobile banking, online trading platforms, and the global reach of social media, opportunities have multiplied for genuine innovation. Yet this very growth has also created fertile ground for sophisticated deception. The recent case from Hyderabad illustrates the magnitude of the threat. A retired doctor was persuaded to invest more than ₹20 lakh after watching what appeared to be a credible video of Union Finance Minister Nirmala Sitharaman endorsing a lucrative investment scheme. The clip, however, was not authentic. It was a deepfake video, generated through Artificial Intelligence to convincingly mimic her voice and appearance.
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