SBI Warns Public About Fake Videos Promoting Fraudulent Schemes

State Bank of India (SBI) has warned customers to be careful about fake videos circulating on social media. These videos, created using advanced AI technology called deepfakes, falsely show SBI officials promoting fake investment schemes that promise unrealistic returns.

SBI clarified on its official X account (formerly Twitter) that these videos are not real and the bank is not linked to any such schemes.

Deepfake videos are created using artificial intelligence to make fake images, voices, and videos look real. This technology can trick people into believing something that is completely false.

SBI has urged people to stay alert and avoid getting trapped by these scams. The bank emphasized that its top management does not support or endorse any investment schemes offering unusually high returns.

In its official post, SBI stated:
“Fake deepfake videos of our senior officials are being shared on social media to promote false investment schemes. SBI or its officials do not support any such schemes. Please be careful and do not fall for these scams.”

SBI’s message is clear: Stay cautious, avoid believing such fake videos, and protect your money from fraud.