Doctor Loses $25,000 in AI Trading Scam Linked to “Naka Solutions”

A doctor has lost approximately $25,000 after being lured into an AI-driven investment scam promoted through social media advertising and operated under the name Naka Solutions.

The victim encountered a sponsored advertisement on Facebook promoting an automated trading system that claimed to use artificial intelligence to deliver high investment returns. The advertisement included a deepfake video appearing to show India’s finance minister Nirmala Sitharaman endorsing the investment opportunity.

After clicking the advertisement, the victim was contacted via WhatsApp by individuals who claimed to represent Naka Solutions, presenting the company as an AI-powered trading service. The operators assisted with account setup and requested personal identification details as well as banking information under the pretext of activating a trading account.

The victim initially transferred around $240 as a test investment. Shortly afterward, the online dashboard reportedly displayed profits in U.S. dollars, creating the impression that trading activity was generating returns. Encouraged by the apparent gains shown on the platform, the victim continued transferring funds over a series of transactions.

In total, approximately $25,000 was sent to accounts associated with the operation.

The platform later claimed the investment had grown significantly and displayed profits allegedly worth nearly $80,000 in Bitcoin. However, when the victim attempted to withdraw the funds, the operators demanded additional payments described as taxes and withdrawal processing charges.

Despite the payments, the withdrawal never materialized. The repeated requests for extra fees ultimately raised suspicions, leading the victim to file a complaint with cybercrime authorities.

The case highlights the increasing use of artificial intelligence tools by fraud networks to create convincing promotional material, including deepfake videos of public officials used to promote fraudulent investment schemes. Social media advertisements and messaging platforms are frequently used to connect victims with operators who present themselves as financial advisers or representatives of trading firms.

BrokersView warns investors should verify the legitimacy of any company offering automated trading services and remain cautious of investment opportunities promoted through unsolicited online advertisements or messaging contacts.