I have been a victim of my own greed many times in my life. It would be ashamed to sit and total all the dollars. In fact there was a can’t lose investment that I made in 2004 that is now in receivership. Yes this case was a case of fraud. It doesn’t matter though. In ALL of those cases I was simply being greedy. That is the bottom line. I took a risk because I thought the return was worth it… In the end I lost. It took me many years and many dollars to learn this, if you think it is to good to be true, it usually is. Every now and then, for a small window of time, you may actually get the anticipated return. However… more often then not you will get burned.
I know there was fraud perpetrated here. Yet it still doesn’t absolve the fact that the (victims, investors, or whatever you want to call them) were all serving their own greed.
