1 comment

[ 0.21 ms ] story [ 10.9 ms ] thread
India uses strange currency units:

1 crore = 10M rupees

1 rupee = 1/45 USD

So the damage is estimated at around $1.33bn

Note that this is not a scam in the standard sense, but simple corruption. It's probably even going to benefit individual subscribers due to the lower infrastructure costs of the operators.