A fake video created using artificial intelligence has surfaced online, falsely showing Ugandan businessman Sudhir Ruparelia promoting a suspicious investment platform known as “OredexiaMarket™”.
The video, which has been widely shared on social media, appears highly convincing. It features a voice that closely mimics Ruparelia’s, encouraging people to sign up and “take advantage of the opportunity” to grow their wealth. The clip is also designed to look like a legitimate news report, making the scam appear credible.
However, Ruparelia has strongly denied any connection to the platform. In a phone interview, he clarified that the video is entirely fake and warned the public not to be misled.
“This is completely false. I have not launched any such app and I am not involved in anything called OredexiaMarket,” he said, cautioning that new technology is increasingly being used to deceive people.
Experts say such scams are becoming more common as artificial intelligence tools make it easier to clone voices and create realistic fake videos, especially using well-known public figures to gain trust.
In the clip, the fake voice claims the platform was created to help families earn more money during tough economic times, before urging viewers to register—an approach commonly used in online investment scams.
The public is now being advised to ignore the video, avoid interacting with the platform, and always verify financial opportunities through official and trusted sources.
