Ace investor Vijay Kedia has issued a fresh warning to the public, urging caution against fake financial advice being falsely attributed to him. The purported video features Kedia giving stock recommendations, promising 20-fold returns in a month.
The matter surfaced when an X user flagged the video, urging Kedia to verify its authenticity.
Responding to the clip, Kedia wrote on X: "Someone made a fake video of me advising shares. The face is mine, the voice is mine but suddenly, I sound like I studied in Oxford and grew up in New York"
"If you ever hear me speaking perfect English with a Western accent, just know – it's not me,” Kedia further quipped.
Someone made a fake video of me advising shares. The face is mine, the voice is mine… but suddenly, I sound like I studied in Oxford and grew up in New York! If you ever hear me speaking perfect English with a Western accent, just know—it's not me.Beware of fake videos—verify… https://t.co/Wx1ln8bekL
February 25, 2025In a similar post last year on X, formerly Twitter, Kedia had clarified that he does not offer financial services or advice, whether free or paid.
"Please note that I do not offer any financial services, nor do I offer any advice with or without any fees. I have already filed many complaints in this regard," he said, urging people to be cautious of impersonators on various social media platforms.
There are many fake accounts on X, Instagram , Facebook, Telegram, and whatsapp using my name and pics . Please note that I do not offer any financial services, nor do I offer any advice with or without any fees. I have already filed many complaints in this regard.
February 28, 2024The incident has added to the growing concerns surrounding sophisticated online scams aided by new-age technologies such as artificial intelligence. Prominent celebrities like Sachin Tendulkar and Amitabh Bachchan have also been targeted by such scams, where convincing deepfake videos featuring them have attempted to dupe people.
Deep fake is a technology which uses AI and machine learning to create fake images, video or audio.
Last year, Tendulkar had warned against his viral deepfake video, in which he was seen endorsing a mobile gaming application. Similarly, Bachchan had filed a case last year against a Uttarakhand-based Ayurveda firm for allegedly circulating his deepfake videos, promoting their brand.
Healthcare and finance are two major sectors where deepfake-enabled cyber attacks have become increasingly common, according to the India Cyber Threat Report 2025. Data compiled by the National Cyber Reporting Platform (NCRP) showed that in the last four years, fraudsters have cheated Indians of more than Rs 33,100 crore through various cybercrime incidents.
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