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A total of 20 people — five Indian nationals and 15 Thais — have now been arrested for alleged involvement in a phone scam network preying on elderly Americans with damages exceeding 3 billion baht, police said on Wednesday.
The exercise of the Telecom Regulatory Authority of India (Trai) to implement distributed ledger technology (DLT) to check fraudulent messages has so far been a failure since it has not been able to curb the menace, Route Mobile chief executive Rajdip Gupta told ET.
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