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BSE Warns Investors Of Deepfake Video Giving Investment Advice

Inc42

· 2m
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The Bombay Stock Exchange (BSE) has issued a circular warning about the circulation of fake videos and audio impersonating its MD and CEO, Sundararaman Ramamurthy. These recordings, created through advanced technology, falsely portray individuals pretending to be the BSE's MD and CEO offering inaccurate investment recommendations and stock advice. The BSE strongly advises investors not to trust such videos and audio and urges them not to follow fake recommendations. The exchange clarified that official communications are conducted through their website and official social media accounts. This warning comes after the National Stock Exchange (NSE) cautioned about a deepfake video of its CEO.

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