Tuesday, February 21, 2012

Steps in a con game 16

Keeping on the topic of getting and keeping the investor interested - one of the best giveaways that the entire scheme is a con game occurs when the payoff is made.  Remember - this payoff is only designed to whet the appetite of the investor so he redirects his profits directly back into the scheme.  This is the part and parcel of the whole game.

     Therefore, when the investor gets his money back, and as he is thinking "what a great deal," there is a large amount of pressure put on him by the con man and the third person (and anyone else in this scheme) to reinvest. Most of these appeals will be direct appeals to mark's desire to make money ("Wow - you're already making money.  Just think of how much more you can make with more money").  This is, of course, a powerful incentive.  Another basic appeal is to the mark's vanity ("remember -this investment is only for smart/special/unusual people like yourself that can spot a great deal").

    Come-ons such as these are dead giveaways that something is not right.


NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR IS IT INTENDED TO BE LEGAL ADVICE.  IF THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.

Have a great and fraud-free day.


----------à>>>>>>>>>>>>>>>gene tausk

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