It's fake, have not invested a rupee in cryptos, clarifies Anand Mahindra

Expressing shock and dismay over a fake piece of news Indian regarding his investment in cryptocurrency, the Mahindra Group chairman Anand Mahindra has rubbished the news and took to Twitter to share the screenshots of the fake news piece from 'blastheincome.club' website. The fake news says the businessman has given tips about how to rake in money swiftly. "...And right now my number one money-maker is a new cryptocurrency auto-trading program called Bitcoin Era', the fake news piece said quoting Mahindra. It also quoted him as saying that he is making tens of thousands of dollars on the auto-pilot mode.

Anand Mahindra has totally rejected the claims and wrote, "I need to make people aware that this is completely fabricated & fraudulent."

The business tycoon wrote on Twitter, "This would be highly amusing if it wasn't so unethical &, in fact, dangerous. Someone saw this online & alerted me. I need to make people aware that this is completely fabricated & fraudulent. Takes fake news to a new level".

He stressed that he has not invested a single rupee in cryptocurrency.

"Ironically, I've not invested a single rupee in cryptos," Mahindra wrote.

This is not the first time that Mahindra boss has become a target of fake news creators. In September this year, he struck upon a post that was wrongly attributed to him. A fake post said that Anand Mahindra is backing a stock market trading course in middle school education.

To which Anand said, "I'm flattered that some believe my statements are quotable & I've always believed in the power of social media to democratise information & share knowledge. But the downside is wrongly attributed quotes! I'll do my best to call them out whenever possible..."