Has BSE Warned Investors About a Fake Deepfake Video Misusing the CEO’s Identity?
Synopsis
The Bombay Stock Exchange has alerted investors about a fake deepfake video misusing the CEO's identity. This video misrepresents stock advice and aims to mislead viewers, prompting BSE to take legal action and advise reliance on official communication.
Key Takeaways
BSE warns about a fraudulent deepfake video.
The video misuses the identity of CEO Sundararaman Ramamurthy .
Investors are advised to rely on official communication channels.
BSE is taking legal action against the creators of the video.
Deepfake technology can mislead investors and harm market integrity.
Mumbai, Jan 12 (NationPress) The Bombay Stock Exchange (BSE) has recently issued a serious alert to investors following the emergence of a fraudulent deepfake video circulating on various social media and messaging platforms. The deceptive video allegedly features BSE Managing Director and CEO Sundararaman Ramamurthy offering stock market advice and investment tips.
The BSE has confirmed that this video is entirely fabricated and employs advanced deepfake technology.
“We have been made aware that a misleading deepfake video is being shared on social media and messaging platforms, falsely depicting Sundararaman Ramamurthy, Managing Director & CEO of BSE, purporting to provide stock recommendations and investment guidance,” stated the exchange.
The video makes dubious claims regarding stock investments for 2026 and suggests unrealistic profit margins.
Viewers are urged to join a WhatsApp channel, with false assertions that they could become multi-millionaires in a short period.
“The video promotes misleading and incorrect claims, broadly implying stock tips for investments in 2026, with guarantees of extraordinary profits, and encourages viewers to join a WhatsApp channel,” the BSE elaborated.
The exchange clarified that neither Ramamurthy nor any BSE official provides stock recommendations or manages groups on WhatsApp, Telegram, or any similar platforms.
The BSE confirmed that this video is unauthorized, fake, and designed to deceive investors.
The stock exchange advised investors and the general public to disregard such videos, messages, and links.
Individuals are encouraged to depend solely on information disseminated through BSE’s official communication channels and SEBI-registered intermediaries for any market-related guidance.
Furthermore, BSE is actively pursuing measures to have the fraudulent content removed from online platforms and will initiate legal action against those responsible for creating and distributing the video.
The exchange has urged investors to remain vigilant and not fall prey to deepfake scams, emphasizing that this advisory has been issued to safeguard investors’ interests.
“BSE is taking all necessary actions to have the content removed and to pursue appropriate measures against those accountable,” the exchange stated.
Point of View
It's imperative to recognize the potential dangers posed by deepfake technology in the financial sector. The BSE's proactive stance against misleading content showcases their commitment to investor protection and the integrity of the market.
NationPress
11 May 2026
Frequently Asked Questions
What is the BSE warning about?
The BSE has issued a warning regarding a fake deepfake video misusing the identity of CEO Sundararaman Ramamurthy, which provides misleading stock advice.
How can investors verify information?
Investors should rely on information shared through BSE's official communication channels and SEBI-registered intermediaries for accurate market guidance.
What actions is BSE taking against the fake video?
BSE is working to have the fake content removed and will initiate legal action against those responsible for creating and disseminating the video.
Why is deepfake technology a concern?
Deepfake technology poses significant risks, as it can be used to create misleading content that can deceive investors and affect market integrity.
What should investors do if they encounter such videos?
Investors should ignore such videos and rely only on verified information from official sources to avoid falling victim to scams.
