A 68-year-old resident of Santoshnagar misplaced ₹14.35 lakh to fraudsters who used Finance Minister Nirmala Sitharaman’s {photograph} in a pretend commercial.

According to police, the sufferer got here throughout a Facebook commercial in June 2025, which promised excessive returns via investments in steel buying and selling. After clicking the hyperlink, he acquired WhatsApp calls from a person claiming to be an worker of a U.Ok.-based firm, Quantum AI.

Convinced by the fraudster’s assurances, the person initially invested ₹12,600 and was later persuaded to switch bigger sums via Google Pay and RTGS to a number of accounts.

Another caller, posing as ‘Niya Sharma’ from the corporate’s finance division, informed him that his income had grown to ₹36 lakh however insisted that he first pay ₹8.2 lakh as “earnings tax” to launch the quantity. When he refused, the fraudsters even despatched him a pretend passport to win his confidence. Eventually, the sufferer realised he had been cheated of ₹14,35,461.

Following a criticism, the cyber crime wing of the Hyderabad police booked a case and initiated investigation.

Police mentioned fraudsters are more and more misusing the photographs of ministers and public figures to advertise bogus funding schemes on social media. Citizens have been suggested to not belief unknown commercials, hyperlinks or WhatsApp calls associated to investments. They burdened that every one funding alternatives ought to be verified solely via official authorities sources or registered monetary establishments.

Citizens who fall sufferer to monetary fraud are urged to name the 1930 helpline or report the matter at www.cybercrime.gov.in. For emergencies, cyber frauds can be reported through WhatsApp on 8712665171.

Published – September 16, 2025 06:43 pm IST