Yeah I know… in many private investments and such the accredited status of the investor is generally subject to amounts set by the SEC and is scrutinized. If it is found that investors do not meet the requirements set for accreditation there are liability issues involved…
Well understood and realized…
Yep the rich will profit off the average joe as you stated… note though… they are profiting off of average joe because average joe bit off more then he could chew…