India is experiencing a surge in AI-driven scams, particularly deepfake frauds that use manipulated videos of prominent figures such as Sundar Pichai and Finance Minister Nirmala Sitharaman to mislead investors. Cybersecurity experts have issued warnings on how to defend against these scams, which have also extended into the lending sector with fraudulent Know Your Customer (KYC) documents and fake salary slips. In response to the rise in AI scams, a startup valued at $101 million, backed by Sam Altman, is gaining traction with its Orb technology. This technology, which includes iris-scanning services, is attracting strong demand from enterprise users and governments and is set to launch in the UK on June 12. Experts emphasize the importance of smart triangulation methods to combat lending frauds evolving alongside deepfake technologies.