Senior citizen in Belagavi duped of investment using fake video

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Believing successful a fake video featuring Finance Minister Nirmala Sitharaman, successful which precocious returns were promised for concern successful stock market, a elder national of Belagavi has mislaid ₹7.39 lakh.

Based connected a ailment filed by 76-year-old Prakash Gubbi, a nonmigratory of Vantamuri Colony successful Belagavi, the constabulary person registered a lawsuit against Adarsh of Kolhapur and Damodar of Buldana successful Maharashtra.

According to the complaint, the accused contacted Mr. Gubbi implicit telephone aft helium clicked connected a nexus for registration aft watching a video successful which the Finance Minister was portrayed arsenic promising precocious interests for investment.

After having paid ₹16,500 for activation of the account, Mr. Gubbi was convinced by the accused that helium volition get precocious returns for his investment.

And, believing them, Mr. Gubbi transferred a full of ₹7.39 lakh to the slope accounts of the accused successful a phased manner.

After the accused failed to nutrient concern details, Mr. Gubbi got suspicious and demanded a refund. He was past asked to put further magnitude to get profit.

Having realised that helium was duped, the unfortunate filed the ailment with the Cyber Police Station of Belagavi. The constabulary person taken up investigation.

Published - May 06, 2026 07:55 p.m. IST

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