In a disturbing trend of cybercrime, two individuals in Bengaluru, India, have fallen prey to sophisticated fraud schemes, losing a significant amount of money amounting to Rs 95 lakh (approximately $115,000 USD). The con artists employed advanced deceptive tactics, involving fake videos that appeared to feature two of India’s most recognized business tycoons, N.R. Narayana Murthy and Mukesh Ambani. These fabricated clips were cleverly used to create a veneer of legitimacy, persuading the victims to part with their money under the guise of lucrative investment opportunities.

The criminals meticulously crafted scenarios that seemed highly credible, using the reputations of well-known figures to bolster their deceit. This incident has raised alarms over the increasing use of digital platforms by fraudsters to target individuals, exploiting their trust and the reputational equity of prominent personalities. The financial and emotional impact on the victims is substantial, serving as a stark reminder of the critical need for heightened cybersecurity awareness and more robust protective measures for internet users. The authorities are investigating the matter, focusing on tracing the origin of these fraudulent activities and implementing strategies to combat such cyber threats effectively.