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The PIB Fact Check team has exposed these videos as fake, confirming they are digitally manipulated scams.
The clips falsely claim Sitharaman backs schemes promising triple returns in a day. (Photo Credits: X)
With the rise of artificial intelligence (AI), scammers are finding new ways to trick people. One of their latest tactics involves creating deepfake videos and fake celebrity endorsements to push fraudulent investment schemes. This time, fraudsters went a step further, using fake videos of none other than Finance Minister Nirmala Sitharaman to lure people with promises of unrealistic returns.
Several videos have recently gone viral on Facebook, claiming that Sitharaman is promoting investment platforms that guarantee unbelievable profits, almost tripling money in a single day or multiplying it 100 times in just a month. These misleading clips have alarmed many social media users and sparked concern among financial authorities.
What the fake videos claim
In one such viral video, Sitharaman appears to say that an investment of Rs 22,000 could fetch Rs 60,000 in just a day and about Rs 10 lakh per month through a “smart trading platform.”
Another manipulated clip shows her supposedly endorsing a scheme called “QuantumAl,” claiming that with just Rs 21,000, investors could earn up to Rs 20 lakh per month.
The videos look convincing on the surface, but they are completely fake. The Press Information Bureau (PIB) Fact Check division has confirmed that the videos are digitally altered and deceptive.
PIB calls out the scam
According to a PIB Fact Check post on social media platform X, the claims being made in these viral clips are entirely false.
The bureau stated: “A video circulating on Facebook claims that the Union Finance Minister is promoting an investment program promising that an investment of Rs 22,000 can help you earn up to Rs 10 lakh per month!”
The PIB team further clarified that neither the Finance Minister nor the Government of India has introduced or approved such a scheme. “No such plan has been approved or started by the finance minister. The Indian government does not have such a scheme. The video that is becoming viral is an attempt at deceiving the public,” the fact-check post reads.
The ‘QuantumAl’ false promotionAnother widely shared video claims that Sitharaman is endorsing an investment platform named QuantumAl.In the video, she is shown saying that an investment of Rs 21,000 could bring monthly returns as high as Rs 20 lakh. The PIB team has once again confirmed that this video is fake and digitally manipulated.
“A video circulating on Facebook and other social media platforms shows Union Finance Minister Nirmala Sitharaman allegedly endorsing an investment scheme called ‘QuantumAl’.
The video claims that by investing Rs 21,000, users can earn returns as high as Rs 20 lakh per month,” the post says.
Is the Union Finance Minister really promoting ‘QuantumAl’ Investment platform ⁉️
A video circulating on Facebook shows Union Finance Minister @nsitharaman promoting an investment platform called ‘QuantumAl’ that promises users up to ₹20 lakh per month on an investment of… pic.twitter.com/PsKEAq7JYY
— PIB Fact Check (@PIBFactCheck) August 18, 2025
A warning for investors
The PIB Fact Check unit has strongly advised people not to fall for such fraudulent content. Financial experts also warn that scams like these often prey on people’s desire for quick money. Any scheme that guarantees unusually high returns in a short time should be treated as a red flag.
Experts recommend that investors thoroughly research any financial opportunity before putting in money, especially if it is being promoted through viral videos or unofficial channels.
While AI technology is opening up new opportunities, it is also being misused by fraudsters, making caution more important than ever.
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