A Sucker Comes Online Every Minute

from the get-stupid-quick dept

Many years ago I had a friend who simply could not help getting involved in all sorts of scam programs that promised to make her get rich quick through very little work. No matter how obvious it seemed to everyone else that they were all pyramid schemes of some sort that required her to put an awful lot of money up front, she couldn't help it. Some people just keep going back for more. Here's an interesting LA Times article about people who get involved in online pyramid and ponzi schemes. It seems that many of them completely understand that these are scams, and yet they still go back for more - since they believe that if they can get in and out fast enough (and if they're early enough in the scam) they can make good money out of it (and, yes, I'm leaving all the possible dot com scam jokes out of this post). The guy they quote at the beginning is just scary. He talks about all the money he's lost, and yet he keeps on "gambling" in these scams. Of course, thanks to the wonderful world of the internet, these scams are bigger and spread farther and faster than ever before - and there's always a ton of willing suckers to participate. It has always seemed very clear to me that the only way to really make money off of these is to be the guy who starts them (and avoid getting thrown in jail). So, I don't understand why people actually get involved with any of these instead of just starting a completely new one themselves. I guess that takes work, and by definition, these people are lazy slobs who want stuff handed to them.
Hide this

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.

Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.

While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.

–The Techdirt Team


Follow Techdirt
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Discord

The latest chatter on the Techdirt Insider Discord channel...

Loading...
Recent Stories

This site, like most other sites on the web, uses cookies. For more information, see our privacy policy. Got it
Close

Email This

This feature is only available to registered users. Register or sign in to use it.