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December 1, 2007 at 12:57 AM #106245December 1, 2007 at 12:57 AM #106253temeculaguyParticipant
Cardiff, great point, scams often require trust. Familiarity or similarity is the favored route. Race and Religion are common factors, many victims of any scam are lulled into it because the scammer has something in common with them in order to break down their defenses. Even most crimes are commited within one’s social, racial or religious group because people let down their guard when dealing with one of their own.
Conned, don;t worry about raising too much money for the education campaign to protect others, I’ll give you the entire program for free. It’s a two step, 30 second program.
“Don’t buy what you can’t afford.”
“Always look for investments, never let them look for you.”
You can even perform a scientific test with a small sum of money, let’s say $200. Invest $100 in something you find (an account or bond at the bank, a stock or index fund that you research and buy online) and invest the other $100 in something an a friend, aquaintance or telemarketer presents to you when you weren’t looking for it. After five years, see which one has more value, it will be the one you found and not the one that found you. $200 and you will have learned more than I learned in college, try it.
December 1, 2007 at 12:57 AM #106269temeculaguyParticipantCardiff, great point, scams often require trust. Familiarity or similarity is the favored route. Race and Religion are common factors, many victims of any scam are lulled into it because the scammer has something in common with them in order to break down their defenses. Even most crimes are commited within one’s social, racial or religious group because people let down their guard when dealing with one of their own.
Conned, don;t worry about raising too much money for the education campaign to protect others, I’ll give you the entire program for free. It’s a two step, 30 second program.
“Don’t buy what you can’t afford.”
“Always look for investments, never let them look for you.”
You can even perform a scientific test with a small sum of money, let’s say $200. Invest $100 in something you find (an account or bond at the bank, a stock or index fund that you research and buy online) and invest the other $100 in something an a friend, aquaintance or telemarketer presents to you when you weren’t looking for it. After five years, see which one has more value, it will be the one you found and not the one that found you. $200 and you will have learned more than I learned in college, try it.
December 1, 2007 at 4:07 AM #106167CoronitaParticipantConned, don;t worry about raising too much money for the education campaign to protect others, I'll give you the entire program for free. It's a two step, 30 second program.
"Don't buy what you can't afford."
"Always look for investments, never let them look for you."
You can even perform a scientific test with a small sum of money, let's say $200. Invest $100 in something you find (an account or bond at the bank, a stock or index fund that you research and buy online) and invest the other $100 in something an a friend, aquaintance or telemarketer presents to you when you weren't looking for it. After five years, see which one has more value, it will be the one you found and not the one that found you. $200 and you will have learned more than I learned in college, try it.
That's in interesting way to look at it. I'm going to have to quote you on that from now on.
December 1, 2007 at 4:07 AM #106262CoronitaParticipantConned, don;t worry about raising too much money for the education campaign to protect others, I'll give you the entire program for free. It's a two step, 30 second program.
"Don't buy what you can't afford."
"Always look for investments, never let them look for you."
You can even perform a scientific test with a small sum of money, let's say $200. Invest $100 in something you find (an account or bond at the bank, a stock or index fund that you research and buy online) and invest the other $100 in something an a friend, aquaintance or telemarketer presents to you when you weren't looking for it. After five years, see which one has more value, it will be the one you found and not the one that found you. $200 and you will have learned more than I learned in college, try it.
That's in interesting way to look at it. I'm going to have to quote you on that from now on.
December 1, 2007 at 4:07 AM #106295CoronitaParticipantConned, don;t worry about raising too much money for the education campaign to protect others, I'll give you the entire program for free. It's a two step, 30 second program.
"Don't buy what you can't afford."
"Always look for investments, never let them look for you."
You can even perform a scientific test with a small sum of money, let's say $200. Invest $100 in something you find (an account or bond at the bank, a stock or index fund that you research and buy online) and invest the other $100 in something an a friend, aquaintance or telemarketer presents to you when you weren't looking for it. After five years, see which one has more value, it will be the one you found and not the one that found you. $200 and you will have learned more than I learned in college, try it.
That's in interesting way to look at it. I'm going to have to quote you on that from now on.
December 1, 2007 at 4:07 AM #106303CoronitaParticipantConned, don;t worry about raising too much money for the education campaign to protect others, I'll give you the entire program for free. It's a two step, 30 second program.
"Don't buy what you can't afford."
"Always look for investments, never let them look for you."
You can even perform a scientific test with a small sum of money, let's say $200. Invest $100 in something you find (an account or bond at the bank, a stock or index fund that you research and buy online) and invest the other $100 in something an a friend, aquaintance or telemarketer presents to you when you weren't looking for it. After five years, see which one has more value, it will be the one you found and not the one that found you. $200 and you will have learned more than I learned in college, try it.
That's in interesting way to look at it. I'm going to have to quote you on that from now on.
December 1, 2007 at 4:07 AM #106319CoronitaParticipantConned, don;t worry about raising too much money for the education campaign to protect others, I'll give you the entire program for free. It's a two step, 30 second program.
"Don't buy what you can't afford."
"Always look for investments, never let them look for you."
You can even perform a scientific test with a small sum of money, let's say $200. Invest $100 in something you find (an account or bond at the bank, a stock or index fund that you research and buy online) and invest the other $100 in something an a friend, aquaintance or telemarketer presents to you when you weren't looking for it. After five years, see which one has more value, it will be the one you found and not the one that found you. $200 and you will have learned more than I learned in college, try it.
That's in interesting way to look at it. I'm going to have to quote you on that from now on.
December 1, 2007 at 7:47 AM #106182Allan from FallbrookParticipantTG: I realize that we are discussing the Temecula/Murrieta scam here, but doesn’t this apply to the California RE market as a whole? Between home builders, realtors, mortgage brokers and institutions, this whole market was one gigantic Ponzi scheme, and now it is collapsing.
While I can certainly understand the anger and humiliation of the Core “victims”, they aren’t any different from the other so-called “victims” of Countrywide, or Century 21, or First American Title.
Buying a home is a huge financial commitment; probably the largest one you will ever make. To not do basic diligence and ask a fairly simple set of questions smacks of nothing other than shame-faced greed.
As the old man used to say, “If it sounds to good to be true, it is.” Or better yet, “If it walks like a duck, looks like a duck, and quacks like a duck: It’s a duck.”.
December 1, 2007 at 7:47 AM #106277Allan from FallbrookParticipantTG: I realize that we are discussing the Temecula/Murrieta scam here, but doesn’t this apply to the California RE market as a whole? Between home builders, realtors, mortgage brokers and institutions, this whole market was one gigantic Ponzi scheme, and now it is collapsing.
While I can certainly understand the anger and humiliation of the Core “victims”, they aren’t any different from the other so-called “victims” of Countrywide, or Century 21, or First American Title.
Buying a home is a huge financial commitment; probably the largest one you will ever make. To not do basic diligence and ask a fairly simple set of questions smacks of nothing other than shame-faced greed.
As the old man used to say, “If it sounds to good to be true, it is.” Or better yet, “If it walks like a duck, looks like a duck, and quacks like a duck: It’s a duck.”.
December 1, 2007 at 7:47 AM #106309Allan from FallbrookParticipantTG: I realize that we are discussing the Temecula/Murrieta scam here, but doesn’t this apply to the California RE market as a whole? Between home builders, realtors, mortgage brokers and institutions, this whole market was one gigantic Ponzi scheme, and now it is collapsing.
While I can certainly understand the anger and humiliation of the Core “victims”, they aren’t any different from the other so-called “victims” of Countrywide, or Century 21, or First American Title.
Buying a home is a huge financial commitment; probably the largest one you will ever make. To not do basic diligence and ask a fairly simple set of questions smacks of nothing other than shame-faced greed.
As the old man used to say, “If it sounds to good to be true, it is.” Or better yet, “If it walks like a duck, looks like a duck, and quacks like a duck: It’s a duck.”.
December 1, 2007 at 7:47 AM #106318Allan from FallbrookParticipantTG: I realize that we are discussing the Temecula/Murrieta scam here, but doesn’t this apply to the California RE market as a whole? Between home builders, realtors, mortgage brokers and institutions, this whole market was one gigantic Ponzi scheme, and now it is collapsing.
While I can certainly understand the anger and humiliation of the Core “victims”, they aren’t any different from the other so-called “victims” of Countrywide, or Century 21, or First American Title.
Buying a home is a huge financial commitment; probably the largest one you will ever make. To not do basic diligence and ask a fairly simple set of questions smacks of nothing other than shame-faced greed.
As the old man used to say, “If it sounds to good to be true, it is.” Or better yet, “If it walks like a duck, looks like a duck, and quacks like a duck: It’s a duck.”.
December 1, 2007 at 7:47 AM #106335Allan from FallbrookParticipantTG: I realize that we are discussing the Temecula/Murrieta scam here, but doesn’t this apply to the California RE market as a whole? Between home builders, realtors, mortgage brokers and institutions, this whole market was one gigantic Ponzi scheme, and now it is collapsing.
While I can certainly understand the anger and humiliation of the Core “victims”, they aren’t any different from the other so-called “victims” of Countrywide, or Century 21, or First American Title.
Buying a home is a huge financial commitment; probably the largest one you will ever make. To not do basic diligence and ask a fairly simple set of questions smacks of nothing other than shame-faced greed.
As the old man used to say, “If it sounds to good to be true, it is.” Or better yet, “If it walks like a duck, looks like a duck, and quacks like a duck: It’s a duck.”.
December 1, 2007 at 8:48 AM #106197blackboxParticipantThere is a sucker born every minute, and it seems like they all decided to move up to the Temecula area at the same time.
They were promised financial independence in 3 to 5 years.
Sounds like greed to me…
and greed always overwelms common sense.
Actually sounds like a good strategy that these “victims” do all they can to focus on the obvious scumbags, and use their kids as “victim” props.
This way the authorities will not focus on any of the fraud that some of the “victims” may have done in getting 5 to 10 houses. The real victims are the banks, and the homeowners who actually bought homes to live in at the fraud level comps.
These so called “victims” are only fools, some criminal fools, some just plain fools. They deserve nothing, but a deep investigation of what they signed, and what was the understanding that they though they could get from a bank 5 to 10 mortgages, all within a short period so the banks could not catch multiple applications, thus fraud.Who cares what these fools were promised. haha, they did not even get it in writing for gosh sakes, haha
The people who created and carried on the main fraud should most certainly be brought to justice, but these so called victims deserve nothing, but a shift kick in the A$$, and a hasta la vista, and they should thank their happy stars that they are not also being investigated for fraud against the banks themselves.
December 1, 2007 at 8:48 AM #106292blackboxParticipantThere is a sucker born every minute, and it seems like they all decided to move up to the Temecula area at the same time.
They were promised financial independence in 3 to 5 years.
Sounds like greed to me…
and greed always overwelms common sense.
Actually sounds like a good strategy that these “victims” do all they can to focus on the obvious scumbags, and use their kids as “victim” props.
This way the authorities will not focus on any of the fraud that some of the “victims” may have done in getting 5 to 10 houses. The real victims are the banks, and the homeowners who actually bought homes to live in at the fraud level comps.
These so called “victims” are only fools, some criminal fools, some just plain fools. They deserve nothing, but a deep investigation of what they signed, and what was the understanding that they though they could get from a bank 5 to 10 mortgages, all within a short period so the banks could not catch multiple applications, thus fraud.Who cares what these fools were promised. haha, they did not even get it in writing for gosh sakes, haha
The people who created and carried on the main fraud should most certainly be brought to justice, but these so called victims deserve nothing, but a shift kick in the A$$, and a hasta la vista, and they should thank their happy stars that they are not also being investigated for fraud against the banks themselves.
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