Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Lx
This is the thing about Rossi. It's easy to spot these scams and see what they are but what is his end game?
After hearing about Rossi and his E-Cat, I started investigating various "long con" swindles ("long con" is the term for a complex and long-running con, such as the fake stock market exchange run in Denver in the early part of the 20th Century).

Amazingly, none of them had an "end game". It's as if the type of person who can conceive of and execute such a scam can't imagine that he will ever be found out. So, lack of an obvious "end game" is no reason to conclude that it's not a scam.

Besides, as many of these scammers have shown, it's possible to find gullible investors to give you millions of dollars for years, even decades, without getting so disgusted that they go to the police. A well-established part of such scams is the "blow off", which is where the con artist gets rid of the investor without allowing the him to realize that he's been conned.

I'm absolutely positive that many of these investors go from one scam to another, never admitting that they've been conned. It's always "bad luck" that caused them to lose their investment.

I suspect that Sterling Allan's part in Rossi's scheme is to provide a list of gullible investors. Allan has certainly had plenty of opportunity to find them, from all the previous scams he participated in.

37 posted on 01/10/2012 2:13:28 PM PST by Johnny B.
[ Post Reply | Private Reply | To 35 | View Replies ]


To: Johnny B.
After hearing about Rossi and his E-Cat, I started investigating various "long con" swindles ("long con" is the term for a complex and long-running con, such as the fake stock market exchange run in Denver in the early part of the 20th Century).

Amazingly, none of them had an "end game". It's as if the type of person who can conceive of and execute such a scam can't imagine that he will ever be found out. So, lack of an obvious "end game" is no reason to conclude that it's not a scam.

That makes a lot of sense, kind of like The Sting. Which reminds me that I though about Rossi getting his plans from movie plots...

If the company that bought the 1MW plant is a shill and the 10,000 pre-orders is real, he might use that to attract investors who think that it's all in the up and up, they've seen successful LENR replications and being greedy, they want in first. Of course, then Rossi acts like he doesn't want their money and mentions that the technology isn't mature, that makes investors want even more to invest. Rossi names some outrageous terms, they counter and Rossi gets what he wants. It might not even be illegal unless they can prove that the 1mw test was either faked, or controlled by a shill or both.

You're also correct that investors don't want to admit they were conned, also, Rossi does have his E-cats so he has something to show and experienced scientists believe him as well.

It would be much better if Rossi is real but eccentric and his E-cats do work, waiting for proof. If it is real, what will OPEC do? This is direct competition against their virtual monopoly. If the E-cat is real and we can use it to replace home heaters, heating plants in buildings, water heaters, pre-heat steam for existing power plants and who knows what and only need petroleum for automobiles and chemicals, then the next twenty years will be interesting unless OPEC buys him out or does something worse although Rossi isn't the only game in town in the long run.

As for Sterling Allan, he's probably not even involved as he is a true believer although the weird part is I haven't seen him reporting on successful LENR experiments but he does go for every wishy-washy thing there is; Tilley, seriously, he bought that? Did he ever do anything about running for President in 2004?

38 posted on 01/10/2012 3:38:21 PM PST by Lx (Do you like it, do you like it. Scott? I call it Mr. and Mrs. Tennerman chili.)
[ Post Reply | Private Reply | To 37 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson