Re: TNET: Former Clemson linebacker sentenced to prison

That is what happens when you invest your money with people that you know nothing about!!!

Ever watch "American Greed?" They usually start with family & close friends - people who know & trust them the most. Then they start paying "dividends" out of those people's own money, so those family & friends start telling others about the "investment opportunity," and then strangers slowly start getting in on it.

As I've noticed, these schemes usually have 3 things in common:
1) Unbelievable returns on investment - literally unbelievable. The rates are much higher than any normal investment.
2) Some scheme that's "only available to [me] [my company], and for a short time," creating a sense of exclusivity and urgency meant to both mask the fraud & not give the victims time to think/back out.
3) Exotic locations, or connections to something ephemeral that can't be investigated by the investors - they have to take the person at their word. If you trust your child/sibling/spouse/cousin/in-law, why would you question their veracity?

As I see it, and I'm not an investor, my career was in insurance compliance so I'm very risk averse, the biggest mistake most of these people make is putting all their eggs in one basket - going All In is only good for being a Tiger fan, it's the wrong thing to do in investments.

ker33

Tiger Cub [15]

TigerPulse: 100%

Posts: 10

Joined: 2017

Mar 11, 2025, 10:33 AM [ in reply to Re: TNET: Former Clemson linebacker sentenced to prison ]

Tigerdug23 said:

How do seemingly intelligent people fall for these kinds of schemes. It's not as if the researching of anything is difficult in today's informational age.
I will never understand how someone would throw money at something without first confirming that the thing they don't know about is an actual item or event.

I've watched nearly every episode of "American Greed," and seriously, it comes down to two things: greed and blind trust.
I mean, look at the comments here disparaging people who use public assistance - LITERALLY EVERY AMERICAN over the age of 65 receives public benefits of one kind or another. What do y'all think Medicare is? Social Security? Those are forms of public assistance. Yet people on this article's comments feel it important to disparage Americans receiving assistance? So then why do people risk their life's savings trying to avoid needing assistance? It's because IT LOOKS BAD. They risk all their hard-earned money in these schemes just to avoid looking bad to jackals like these people, who think everything is political, even sickness and old age.
This is literally only a USA problem. All other capitalist nations have this figured out. Only the USA doesn't. And it doesn't involve either personal wealth or lack of government assistance for the elderly or disabled. And, their working people live better than the majority of Americans. Those aren't opinions, those are measurable facts.
Stop blaming the victims when you ask why smart people "fall" for this. Why do they feel the need to participate at all? Because they would rather be victims of a conman than ask for help. That's pathological, and you can see why just in the comments on this article.

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TNET: Former Clemson linebacker sentenced to prison