Overview

• Both Andhra Pradesh and Telangana governments publicly debunked AI-generated videos showing their chief ministers endorsing the non-existent Quantum AI investment scheme.
• The forged clips promised guaranteed returns of ₹2 lakh in one month for an initial investment of around ₹21,000–₹22,000.
• Fraudsters repurposed old panel discussion footage featuring journalist Rajdeep Sardesai to craft convincing deepfake endorsements.
• AP IT Minister Nara Lokesh and Telangana officials warned that those misusing AI technology for financial scams will face stern legal action.
• Authorities advised people not to share personal data, to verify any scheme on official channels, and to report suspicious content immediately.