Re: Earned A Precarious Living By Taking In Each Others Laundry
Except it's not a simple as that.
Right. In frauds like these, typically many of the victims are people who are not financially literate, and who have very few opportunities to leverage a small amount of capital. They may have only one opportunity in their lifetime to invest in the hope of moving from an existence of chronic or constant financial peril to one of minor comforts and a degree of financial security. That's not "greed"; it's survival.
But of course snap judgements are a staple of the omniscient Reg commentariat.