IIFL — IIFL Capital warns of fraudulent schemes using deepfakes of MD, social media impersonation

IIFL Capital Services has issued a public alert regarding fraudulent actors impersonating the firm and its Managing Director, R Venkataraman, using deepfake technology and social media platforms like WhatsApp. The company stated these unauthorized individuals are luring the public with false promises of guaranteed high returns and pre-IPO access, and disavowed any connection to them.