Deepfake Stock Market Scams: How AI is being used to trick investors and how you can stay safe
Nithin Kamath, Zerodha CEO, warned that such fraudulent attacks are on the rise due to the surge of AI-powered apps capable of creating deepfakes
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Nithin Kamath, Zerodha CEO, warned that such fraudulent attacks are on the rise due to the surge of AI-powered apps capable of creating deepfakes
Kamath revealed that fraudsters are now creating fake Zerodha employee credentials and making false promises of high returns. In a specific scam, the perpetrator even presents a forged Zerodha employee ID card to the targeted customer, falsely claiming to have received an award from the company.
Nithin Kamath, Zerodha CEO, warned that such fraudulent attacks are on the rise due to the surge of AI-powered apps capable of creating deepfakes