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Posted

some people hold a grudge for years,if they have lost money by putting trust in some one, instead of doing a bit of research and checking the advice given,lot of people are greedy and when johnny flash starts building dreams in your head common sense disappears,if it sounds to good to be true,it propaly isn't.big returns, big big risk,and big commission and charges,as they say its a medium to very very long term investment.meaning forget about it for a few years,as I will be left and gone on to some other con by then.

True, that would give them a chance for a "clean" runner. Some need a lot less than five years. I've also noticed a lot of the Ponzis work on a high monthly return, with monthly checks that are often re-invested. Those people recruit others, because they see the actual payments, (made with others' investments). Usually, 9% seems to be a magic number....and nowadays they might even be saying 6-7%...which of course is a lot better than traditional investments are paying nowadays, but a lot of people are going to smell scam if the returns seem too good (especially those with several hundred thousand on hand to potentially invest).

Posted

some people hold a grudge for years,if they have lost money by putting trust in some one,

When someone steals from my pension fund,

I will hold a grudge until either I'm dead or he's dead.

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