Many fraudsters particularly prey on seniors
It is sad and embarrassing that we have this reputation outside of Utah.Recently I went to my high school reunion in California. When I told
some of fellow students that I now live in Utah, the response from one of them
was "What kind of get rich quick scheme to you have for us" and then
they all laughed.At least in this one time this is how we are
perceived outside of the state.
Here's the age old warning; If it sounds to good to be true, it probably
is. High returns ALWAYS means high risk. But it never stops. And the con men
come running to Utah and other places where religious folks are. They nestle up
nice and close, maybe even become one of you and then kaboom. They laugh all
they way to the bank.
Jimmy, are you ok with non-Mormons ripping off their friends or others. So
bizarre you even make that special mention of the Mormons. The obsession some
people have with other people's religion is comical.
Beware of low risk?! Low risk is now bad? Are you kidding me? Beautiful! Why not
just throw the baby out with the bathwater. High return with low risk is
absolutely impossible right? Hey, here's an idea. Trust nobody ever except
Wall Street banks! Nothing like scarring away the "poor abused no nothing
seniors" from sound, proven investment opportunities with a hack job
article like this. Let me tell you something. Some investments are actually
smart and innovative and created by honest business people. Is there an element
of risk in all investments? Of course. Nothing is risk free. But peddling scare
tactic hogwash like this is just as improper as a calculated Ponzi. Why not tell
both sides of the story by admitting that investors in Utah have also made
fortunes by investing in safe, low risk, honest investments.
Amazing how Mormons are so willing to rip off their own friends and family. I
guess nothing will stand in the way of the pursuit of riches, I mean
Why do prosecutors and judges allow these scum to get away with basically no
penalty in these kinds of sad crimes. They ought to have "the book thrown at
them" for bilking the elderly and infirm. Very sad commentary on our legal