The problem is with senior citizens, even if we tell them to not believe things on internet and tell them to not trust any calls, they will eventually do the opposite once the scammer pretends to be someone close to them.
They cant even tell if a normal video is fake or real then how can they tell of someone on a video call is real pr fake, chances are once they see someone dear to them in danger and asking money they will forget everything you’ve told them about the internet and get scammed …
India had a purchase power parity compared to the US$ of > 24 in 2022, i.e., while you can exchange only ~400–500 US $ for ₹ 40,000, this amount of money will buy goods within India that would be worth $ 9,600–12,000 within the US. Exchange rates can be pretty misleading.
40,000 rupees is like $400. Would you ask your friend to meet you in person for that amount, especially if they live quite far away?
The problem is with senior citizens, even if we tell them to not believe things on internet and tell them to not trust any calls, they will eventually do the opposite once the scammer pretends to be someone close to them. They cant even tell if a normal video is fake or real then how can they tell of someone on a video call is real pr fake, chances are once they see someone dear to them in danger and asking money they will forget everything you’ve told them about the internet and get scammed …
I did not consider that kind of conversion rate. No, I probably would not.
India had a purchase power parity compared to the US$ of > 24 in 2022, i.e., while you can exchange only ~400–500 US $ for ₹ 40,000, this amount of money will buy goods within India that would be worth $ 9,600–12,000 within the US. Exchange rates can be pretty misleading.
https://data.oecd.org/conversion/purchasing-power-parities-ppp.htm