Key Points
An ex-Coal India executive loses Rs 40,000 in a deepfake scam that exploited his willingness to help a friend in need..
The scam involved an unknown person impersonating the executive's friend via a video call and requesting emergency funds for a supposed hospitalisation...
It is perfectly normal for a friend to call and ask for help, especially in a situation where one of your friend's family members is in the hospital and urgently needs money..
Although Radhakrishan was wary at first, he later gave in because of his four-decade-old association with his colleague and friend from Coal India, who was in dire need of money for his sisters surgery..
Initial findings suggest that Kaushal utilized deepfake technology to impersonate Radhakrishan's friend during the video call, successfully deceiving him into transferring the funds...
