Hyderabad: A web page that looks like the Indian Express page has published a report about founder Azim Premji advising people to invest in Bitcoin through the website "Bitcoin Loophole". It claims that Premji has invested in cryptocurrency using the website.

The link to the web page can be viewed here.

Similar posts can be seen here.

Fact Check:

The claim is false.

NewsMeter checked the website and found that it does not correspond to the original Indian Express online website.

The headline of the article reads "SPECIAL REPORT: Azim Hashim Premji's Latest Investment Has The Government And Big Banks Terrified". The article goes on to claim that in an interview on 'Good Morning India', Premji revealed that he has found a new cryptocurrency auto-trading program called Bitcoin Loophole.

We searched for the same interview and found that Premji has not given an interview to Good morning India. Further, the link has a fake Indian Express masthead and has misspelled the paper's name as 'Indian Expres'.

The fake article claims that it has an exclusive interview with Premji as he "ran out of time" during the other interview to elaborate on the new cryptocurrency investment. The article then goes on to guide users to sign up and invest money in Bitcoin Loophole claiming that users can make a profit.

The Indian Express had tweeted on 4 September 2021 that the website primenews.to has nothing to do with it and is misusing its masthead.

We also found older tweets from users dating back to 23 August 2021, alerting people about the fake article about Premji being shared on social media.

Claim Review :   An Indian Express article about Azim Premji talking about investing in Bitcoin Loophole.
Claimed By :  primenews
Fact Check :  False

Sabya Singh

Sabya is currently a fact-checker at NewsMeter and a full-time reporter with Hans India. she has a keen interest in pursuing stories of education, women and child development and loves photography. She is pursuing her M.A in mass communication and journalism from St.Francis of women. she is an avid reader and paints in her spare time.

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