Pity or not pity those who get scammed
By scheng1
@scheng1 (24649)
Singapore
November 14, 2015 3:01am CST
It seems that high education does not make a person smart when it comes to money.
In a given year, we can read of people who get scammed and lose money in various schemes.
There are gold buyback schemes, foreign investment scheme. land bank scheme, and other schemes.
When I read about people losing hundred thousand dollars, I do not know whether I should pity them or not.
If they have a hundred thousand dollars in the bank, why should they get greedy and fall for scams?
It is obvious that a promised return of 20% is too good to be true.
Even kids can see that.
8 people like this
13 responses
@allknowing (153529)
• India
14 Nov 15
I feel money not spent and just left in banks is worthless. There are so many people who just increase their income and as you say even become victims of spams just to add more money in their coffers only to be kept there forever. I am sick of that attitude.
3 people like this
@scheng1 (24649)
• Singapore
14 Nov 15
Agree, I am sick of both attitudes.
if they have a hundred thousand dollars, they could have a very enjoyable retirement.
They could have put in as down payment to buy a house for their children too.
I think they are greedy yet do not want to do homework to check out the scams.
2 people like this
@Auntylou (4262)
• Oxford, England
14 Nov 15
Don't you like to have a bit of savings in case of emergencies?
@allknowing (153529)
• India
14 Nov 15
@Auntylou That is understood. That money is kept for a rainy day. I am not talking of that kind of money but money that is hoarded with the ambition to be called the richest may be among family, friend or wherever. I have known of people dying intestate keeping hoards in the bank \
@Rationalwriter (1813)
• Lucknow, India
14 Nov 15
I agree with your title!! even I dont know whether I should pity these people or not!! I mean sometimes people who are needy fall to these scams and I feel sorry for them but when you are being careless or plain stupid then you had it coming!!
@scheng1 (24649)
• Singapore
14 Nov 15
Needy people will not have the money to fall for scams like this.
Who on earth want to invest in land in other country when they have problem feeding all the mouths at home?
It is always those who are cash rich, and yet greedy who fall for such scams.
2 people like this
@Rationalwriter (1813)
• Lucknow, India
14 Nov 15
@scheng1 Hmm.. Point taken!! By needy people, I was talking about the little scams that are use to lure them and then screw them out!!
But yeah for rich people, I dont think anyone feels pity!!
2 people like this
@salonga (27775)
• Philippines
14 Nov 15
I just wonder if the new victims are living inside the cave so that they know nothing about this. Why would they be victims of scam after all the widespread news about scamming. Indeed, this is all about the issue of greediness so that they don't use their heads anymore. No, I can't pity them. I just want to strike their heads so they will learn to use their brains next time around.
3 people like this
@UmiNoor (4521)
• Malaysia
19 Nov 15
These scammers are not stupid. They know what button to press to get the victim to part with their money. I have a friend who was scammed of nearly RM1,000. And when she told my husband how she got scammed, I was amazed that she could have fallen for it. These scammers are really good at their job.
1 person likes this
@jaboUK (64346)
• United Kingdom
14 Nov 15
When I read about people falling for these scams I wonder if they have been living under a stone. Most of these scams are well publicised. Even if they haven't heard of them their common sense should tell them that's what offered is too good to be true.
2 people like this
@lokisdad (4226)
• United States
15 Nov 15
I think sometimes we don't look any deeper if the person conning you seems to know what they're talking about right phrases answer with believable answers and have some sensible numbers make it seem like the rewards out weigh the risk someone who's either desperate naive or greedy will fall for it. Besides you are more likely to believe someone who also looks the part who story starts off with them being the average poor Joe like you and look at me now success story about hard work determination pay off of course with a few failures before making it.
1 person likes this
@lokisdad (4226)
• United States
15 Nov 15
@scheng1 The scammers/con artist know how to pick their victims not so much by greed but more that they seek out people who know are in need of money due to money problems they promise a return on an investment and either they make good on the first few to gain more trust and a bigger investment or just hit them and go.
@scheng1 (24649)
• Singapore
14 Nov 15
That is why doing homework is important.
You definitely do not dare to give a hundred thousand dollars to a stranger who say that he will invest in a piece of land in other countries.
If you invest in a friend who starts a business in your area, that is different.
You can see how he manages the business, and you are not likely to give him all your savings.
@scheng1 (24649)
• Singapore
14 Nov 15
If you have a lot of money, that means you are both a high earner and you can save your salary.
I can understand that some people are lowly educated, and they fall to scams.
However, when a person is highly educated, and have worked for many years, and still believe in scammers, that is real foolish.
@louievill (28846)
• Philippines
15 Nov 15
People get scammed and i"m sorry to say this but it is because of their own greed, they want a fast buck for their money that at times they become blind even if it's already too good to be true.
1 person likes this
@arthurchappell (44941)
• Preston, England
14 Nov 15
the scammers taking people for thousands are just as likely to fleece ordinary people of a day's basic wage or the last slice of bread they own - theft is theft - taking from the wealthy in that way can have a knock on effect for the people the rich do have working for them so in the end it is still a bad thing.
1 person likes this
@scheng1 (24649)
• Singapore
14 Nov 15
Yes, theft is still theft.
The problem is that the law sometimes protect the scammers.
When you take part in those gold buyback schemes, and you sign a paper acknowledging that investments are not guaranteed, you practically sign away your money.
1 person likes this
@arthurchappell (44941)
• Preston, England
16 Nov 15
@scheng1 very much so - a mugger can only get the cash you have on you when he attacks but a scammer can take every penny you own
@softbabe44 (5815)
• Vancouver, Washington
14 Nov 15
scammers, we should already know what they're capable of doing.
