This appears to be a scam. There is no official announcement from Google, the Government of India, or Sundar Pichai about a platform called "Google Invest" that guarantees a return of ₹1,90,000 on an investment of ₹21,000. Legitimate investment opportunities never promise guaranteed high returns in such a short period.
Be cautious of fraudulent schemes that use fake endorsements from well-known figures or government authorities. If you come across such claims, report them to the relevant authorities, such as the Cyber Crime Portal (https://cybercrime.gov.in/) or the Securities and Exchange Board of India (SEBI).
This appears to be a scam. There is no official announcement from Google, the Government of India, or Sundar Pichai about a platform called "Google Invest" that guarantees a return of ₹1,90,000 on an investment of ₹21,000. Legitimate investment opportunities never promise guaranteed high returns in such a short period.
Be cautious of fraudulent schemes that use fake endorsements from well-known figures or government authorities. If you come across such claims, report them to the relevant authorities, such as the Cyber Crime Portal (https://cybercrime.gov.in/) or the Securities and Exchange Board of India (SEBI)
Be cautious regarding the claims surrounding "Google Invest," which promises high returns on investments. There is **no official announcement** from Google, the Government of India, or Sundar Pichai about such a platform. A video purportedly featuring Sundar Pichai endorsing "Google Invest" has been identified as a **deepfake**, further confirming that this investment opportunity is fraudulent[2].
Investment scams often lure individuals with promises of guaranteed high returns and create a sense of urgency to pressure victims into quick decisions. Reports indicate a significant rise in such scams in India, with over **100,000 cases** reported in 2023 alone, leading to substantial financial losses[1][5].
If you encounter suspicious claims or schemes, it is advisable to report them to authorities such as the **Cyber Crime Portal** or the **Securities and Exchange Board of India (SEBI)**. Always remember that legitimate investments do not promise guaranteed returns and require thorough research before committing any funds[4][5].
Citations:
[1] Inside the world of investment scams targeting India - CNBC TV18 https://www.cnbctv18.com/technology/inside-the-world-of-investment-scams-share-trading-frauds-targeting-india-how-to-stay-safe-19437093.htm
[2] Fact Check: Viral Video Of Sundar Pichai Endorsing ‘Google Invest’ Is A Deepfake https://newschecker.in/fact-check/viral-video-of-sundar-pichai-endorsing-google-invest-is-a-deepfake/
[3] Google claims it averted scams worth Rs 13,000 cr, relayed 41mn warnings since 2023 https://indianexpress.com/article/technology/tech-news-technology/google-has-saved-over-13000-crore-indian-rupees-from-scams-9601592/
[4] Is it a legitimate investment opportunity or a scam? https://consumer.ftc.gov/consumer-alerts/2023/07/it-legitimate-investment-opportunity-or-scam
[5] Pune man loses Rs 2.1 crore to investment scam: What is it and how to stay safe - Times of India https://timesofindia.indiatimes.com/gadgets-news/pune-man-loses-rs-2-1-crore-to-investment-scam-what-is-it-and-how-to-stay-safe/articleshow/106454523.cms
[6] Investment scams - Moneysmart.gov.au https://moneysmart.gov.au/financial-scams/investment-scams
[7] Investment Scams https://consumer.ftc.gov/articles/investment-scams
[8] Online investment scams: Inside a fake trading platform | Netcraft https://www.netcraft.com/blog/inside-a-fake-trading-platform/
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