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DeepfakeHigh

Chinese-Backed Operation Reportedly Used AI-Generated Deepfake Videos of Indian Stock Experts in Investment Fraud Campaign

Occurred
Jul 1, 2025
Published
Oct 18, 2025
Source
AI Incident Database

Summary

Mumbai Cyber Police reportedly uncovered a coordinated investment fraud campaign that used purported deepfake videos of Indian stock market experts to mislead investors. Between July 1 and July 18, 2025, the videos reportedly circulated on social media as paid promotions by a Bengaluru-based firm, Valueleaf, allegedly contracted by a Hong Kong company, First Bridge. Four individuals were arrested.

Developers

  • Deepfake technology developers
  • Synthetic audio generation technology developers

Deployers

  • Valueleaf
  • First Bridge

Harmed parties

  • Indian stock market experts
  • Indian investors
  • Investors
  • General public of India

Classification

Category confidence: 95%
Severity confidence: 90%

Rationale: Deepfake videos used in investment fraud led to arrests and financial harm.

Classifier: Qwen/Qwen3.5-35B-A3B-FP8

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