New Delhi, Dec 6: Veteran industrialist and former Tata Group Chairman Ratan Tata on Wednesday issued a "fake" alert for misusing his name on social media to "exaggerate investment" with risk-free and 100 per cent guarantee.
In a post on Instagram, Tata called out a post from a user by the name of Sona Agrawal that used a fake interview of him in a video recommending investments.
In the fake video, Tata addresses Sona Agrawal as his manager.
"A recommendation from Ratan Tata for everyone in India. This is your chance to exaggerate your investment right today risk free with 100 per cent guarantee. Go to the channel right now," read the caption of the video post.
The video also showed messages of people receiving money in their account.
Tata wrote FAKE on the video and also on the screenshot of the caption of the video.

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Koppal: Police in Koppal City station limits have registered a case against more than 30 people and arrested three in connection with an alleged assault on a youngster over his relationship.
According to the complaint, Sameer Ahmed Moolimani (22), who works at a mobile agency, was sitting at a hotel with his girlfriend around 8:30 pm on May 6 when a group of youngsters approached him and asked his identity. He said that he was attacked after informing them about the relationship.
Sameer said in his complaint: “They blindfolded me, took me on a bike towards the Hospet side of the national highway, and assaulted me. They asked me, ‘Do you love a Hindu girl?’ They also threatened me, saying, ‘If I am seen with her again, I will not leave you alive.’"
He also stated that after the assault, he was blindfolded and later left near the district hospital.
Police have registered a case at Koppal City police station against more than 30 people, including the girl’s brothers Ashish and Nilesh. Three people have been arrested so far, and investigation is in progress.
