Deceived By Deepfake Video, Bengaluru Woman Loses Rs 3.7 Crore To Fraudsters

Last Updated:September 11, 2025, 09:21 IST

While browsing her mobile, the victim encountered a reel suggesting that investing $250 in stocks could improve her financial status.

A 57-year-old Bengaluru woman reportedly lost Rs 3.75 crore to fraudsters. (Representative Image)

A 57-year-old woman from Bengaluru lost Rs 3.75 crore to fraudsters after being deceived by a deepfake video of Sadhguru endorsing a stock-trading platform between February 25 and April 23.

The victim, a resident of CV Raman Nagar, was unaware of deepfake technology and its misuse of celebrity images. During this period, social media was flooded with fake ads featuring AI-generated voices of Sadhguru.

In June, Sadhguru took legal action in the Delhi High Court to protect his personality rights from unauthorised AI-generated content.

While browsing her mobile, the victim encountered a reel suggesting that investing $250 in stocks could improve her financial status. Believing it to be genuine, she clicked on the link provided.

The link directed her to a page asking for her personal information, such as name, email, and phone number. She was subsequently contacted by fraudsters claiming to be representatives of the ‘Mirrox’ firm, using the name Waleed B and various phone numbers, including +44 753731307, +44 7441958898, +44 770142144, and +44 7441941614.

She was added to a WhatsApp group of about 100 members and instructed to visit websites like [email protected], [email protected], and [email protected]. Waleed also asked her to download the Mirrox app.

Waleed taught her trading techniques via Zoom sessions, and later, Michael C took over as her tutor.

Members of the group shared investment details and screenshots of credited amounts, which helped gain her trust and prompted her to start investing.

The fraudsters provided bank account details for her to transfer money. By April 23, she had transferred Rs 3.75 crore, with the platform showing high returns.

When she attempted to withdraw her money, the fraudsters demanded additional payments for processing fees and taxes. Suspecting fraud, she refused to pay, and the fraudsters ceased communication.

A senior officer stated that Sneha transferred the money in multiple transactions and provided the bank account details. “She filed the complaint almost five months after the fraud, making it difficult to recover the money," he said, adding that they are coordinating with the bank to freeze the fraudsters’ account.

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