This post is about scams
and why people fall for them all the time.

https://cointelegraph.com/news/fool-me-once-how-to-spot-a-cryptocurrency-scam

According to Bob Wood, the founder and CEO of Nexxus Partners, scams of all kinds feed on two ingredients to create their perfect storm: ignorance and greed. Wood explains that new technologies are not understood by most people, enabling scammers to twist the facts just enough to include some truth mixed with deception, so as to occasionally fool individuals.

The biggest culprit in this category, as noted by Wood, is Onecoin.

“OneCoin is an illegal Ponzi scheme, promising unrealistic returns on investment that only come from new investor’s money,” he says.

10 Types of People Who Fall for Scams, Schemes and Cons

http://www.moneytalksnews.com/10-types-people-who-fall-for-scams-schemes-and-cons/

The 11 Worst Internet Scams We’re Still Falling For

https://www.yahoo.com/tech/the-11-worst-internet-scams-we-1283163153588278.html

Australians lose $45 million to scams in 2015

https://www.scamwatch.gov.au/news/australians-lose-45-million-to-scams-in-2015

Millions of victims lost $12.7 billion to Nigerian scams

http://www.geektime.com/2014/07/21/millions-of-victims-lost-12-7b-last-year-falling-for-nigerian-scams/

Ignorance and Greed are the biggest reasons why people fall for scams

This post is about scams and why people fall for them all the time.

“OneCoin is an illegal Ponzi scheme, promising unrealistic returns on investment that only come from new investor’s money,” he says.

10 Types of People Who Fall for Scams, Schemes and Cons

The 11 Worst Internet Scams We’re Still Falling For

Australians lose $45 million to scams in 2015

Millions of victims lost $12.7 billion to Nigerian scams

This post is about scams
and why people fall for them all the time.