Conned by Crooks: What about asking simple questions? I understand and don’t disagree with your point regarding a general lack of education in real estate, but what about basic math?
Not to sound like a smarta** here, but why weren’t you and the other participants asking questions about the “deal”, and how this whole scheme worked?
There are Harvard MBAs working on Wall Street that don’t have the expectation of financial independence in three to five years. I would think buying into a get-rich scheme piloted by the likes of Duncan and Montecastro, two individuals with little to no experience as financiers, would have drawn at least some suspicion when it came to their claims. Because it didn’t, I have to fall back on the belief that this was nothing other than simple greed. All the education in the world doesn’t help when greed overwhelms your common sense.
“No warning can save a people determined to grow suddenly rich”. Lord Overstone