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Quantum AI scam promises Rs 40 lakh from Rs 22000 using Nirmala Sitharaman name
Economy
Published on 6 May 2026
The post claims government guarantee and zero risk
A viral message is circulating online claiming Finance Minister Nirmala Sitharaman is endorsing a “Quantum AI” investment scheme. The scam pitch promises massive returns from a tiny investment, with claims of zero risk and a government guarantee. Authorities warn such messages are false and are being used to lure unsuspecting investors into fraudulent schemes.
- Viral “Quantum AI” message falsely links Sitharaman to an investment scheme
- Claims promise huge returns from very small investments
- Fraud pitch uses “zero risk” and “government guarantee” language
- Scam aims to lure investors through misleading endorsements
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times