Recently a story was in our local paper about another Ponzi scheme, this time engineered by some guy who is involved in the racing business. It is said that he bilked millions out of people.
OK, if the people were put into the fake "investments" by some financial advisor they thought they caould trust, then I probably feel sorry for them.
However, so far the people who say they lost money in the scheme got involved on their own. So, sorry, my giva-a-damn IS busted!
Why? Because the people who just handed over wads of cash to the swindler did it because they thought they were "special". They thought that because they were special they were being allowed to invest their money. They thought that no one else knew about the investments, that they were singled out by the swindler becuse they were special and DESERVED to make something like 18% on their investment.
Well, they were right, they ARE special. In the sense that some kids ride the "special" bus!
IMHO, those who lost their money (and one guy claims he lost everything he had) DESERVED to lose out! Anyone so arrogant that they think they are so special they deserve to make about ten times what everyone else makes on investments SHOULD lose their money.
And those who are SO stupid that they thought a return of 18% was even possible BELONG on the "special bus"? Maybe that is where they will wind up, especially if they lost everything!
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