‘Laila Rao’ is an alias used by scamsters to dupe people of their money by advertising fraudulent get-rich-quick investment schemes. The scam, which operated primarily through Facebook and Telegram, used edited videos of celebrities to falsely claim that they supported Laila Rao’s investment tips and techniques. Prominent celebrities used by the scamsters of Laila Rao include Sadhguru, Mukesh Ambani, and Katrina Kaif. Victims like Pranati from Kochi and Ragini from Bhopal were drawn in by the scam’s portrayal of Rao as a successful investor who could help them achieve financial stability.

The scam came to light when victims, after transferring their money, received no communication from Rao. The scam had a significant impact, with many losing large sums of money. Authorities and cybercrime units across various states issued advisories and warnings about the ‘Laila Rao’ scam. BOOM has debunked several edited videos of celebrities claiming to show their support for Laila Rao on social media.