Bengaluru techie loses Rs 91 lakh in stock market fraud, Nithin Kamath dreads AI use

Fraudsters using AI (artificial intelligence) to scam people would be a dreadful situation, said Zerodha Founder and CEO Nithin Kamath while reacting to Rs 91 lakh losses incurred by a Bengaluru-based techie in an online stock market scam.

“The trend of these frauds are increasing. The past 9…