BSE warns investors as deepfake video of CEO resurfaces on social media

BSE Limited has cautioned investors after a previously circulated fraudulent deepfake video featuring its Managing Director and CEO, Sundararaman Ramamurthy, resurfaced across multiple social media and messaging platforms.

In a statement, BSE said the manipulated video falsely portrays Ramamurthy offering stock market tips and investment advice, while inviting viewers to join WhatsApp groups for trading recommendations.

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The exchange clarified that the video is fake, manipulated and maliciously created using deepfake technology to mislead investors.

BSE emphasised that the claims made in the video, including promises of extraordinary investment returns, are completely false and designed to defraud the public.

The exchange reiterated that neither Ramamurthy nor any BSE official provides stock tips or investment recommendations.

It also clarified that BSE officials do not operate or endorse WhatsApp, Telegram or similar messaging groups offering investment advice.

According to the exchange, it is taking necessary steps to remove the misleading content and is working closely with law enforcement agencies and relevant platforms.

However, such fraudulent videos have resurfaced multiple times across social media networks. BSE urged investors and the general public to remain vigilant and avoid acting on such misleading content circulating online.

For authentic information and updates, investors have been advised to rely only on the official BSE website and its verified social media handles.