Teen Made $1 Million In Online Scam
from the now-give-back-$900,000 dept
Remember the kid who made over $750,000 in an online stock scam and then only had to pay $250,000 in fines. Well, maybe the SEC is learning their lesson. They've now caught another teen who made $1 million by getting suckers to "pool" their money in an online casino betting deal. This time, they've made him agree to pay back at least $900,000. What I can't figure out is who these gullible people are who willingly paypal money over to some random person promising 2,500% returns (yes, 2,500%) on an internet discussion group.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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