Over 200 investors across multiple districts in Karnataka, India, have been defrauded of nearly Rs 2 crore through a scam involving an AI-generated deepfake video of former US President Donald Trump. The fraudsters promoted a fake hotel rental investment scheme via a mobile application named the "Donald Trump Rental App," charging victims a fee and offering partial refunds to build trust. One victim in Haveri reportedly lost Rs 6 lakh. The scam targeted residents in cities including Bengaluru, Mangaluru, Hubballi, and Haveri. Police in Haveri have registered a First Information Report (FIR) and are actively investigating the case. Experts highlight that AI technologies, such as deepfakes and synthetic identities, are increasingly exploited by cybercriminals to deceive and manipulate victims, blurring the lines between reality and fiction. This incident underscores the growing risks posed by AI-enabled cyber fraud, which is becoming more sophisticated globally. Authorities and cybersecurity firms emphasize the need for digital content verification frameworks and increased vigilance to combat such scams.