Skip to comments.1 born every minute: Study says Americans can't spot scams
Posted on 11/10/2013 10:49:40 AM PST by GrandJediMasterYoda
1 born every minute: Study says Americans can't spot scams
A study by an investment regulatory group finds that a large percentage of Americans can't spot even obvious attempts at separating them from their money.
By Mitch Lipka
Hey consumers and investors, it's time to get your game on. The FINRA Investor Education Foundation made some disturbing findings about your ability to figure out when someone is trying to rip you off. First, let's be clear. People are trying to rip you off. More than 80% of those surveyed said they had received solicitations to buy into a potential scam. Given how many shady emails pepper our email in-boxes that shouldn't come as too much of a surprise.
But, the survey also found that more than four in 10 Americans can't spot what should be obvious warning signs that someone is trying to rip them off. When presented with the idea that they could get "guaranteed" returns on an investment or promises of returns in excess of 100% a year, that group gave its thumbs-up.
(Excerpt) Read more at money.msn.com ...
This is a bitcoin thread, right?
hope and change
You can fool 49% of the people all of the time.
No, sir. I believe this is an "Affordable Healthcare Act" thread.
They sure couldn't in 2008 and 2012.
You mean the same scam which paid for my VPN?
The biggest scams going...The Democratic and Republican Parties.
1 born every 30 seconds.
Well, no sh!t. We’ve had two straight POTUS elections that drove that fact home without doubt.
Half the population believes in fairy tales about money and “free.....”
Valerie looks...for lack of a better word, dangerous, more dangerous than Hillary, because she, Valerie holds the Whip Hand. Actually, what says “I AM A SCAM” better than those Nigerian Prince emails, that some people still manage to fall for.
Half my kingdom for a hand grenade!
MSN can handle the financial end of this, even iwhile they’re totally blind, and willing suckers to the political end.
Single payer healthcare, global warming, social security, the list goes on and on. These are great days for scammers. The people actually want to be scammed.
Correct. Now about that $500 you were going to send by Western Union to my barrister in Lagos...
I try and tell people, once you start lying you lose your ability to discern the truth
but people think it is okay to have situational ethics
Hence the Democrat party still exists.
And for that matter, the Republican party does too.
I thought it was 47%....My first thought, too.
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