It is true that greed is what motivates people to trust affinity scammers.
However, does that lessen the crime and violation of trust that these scammers
do to people? No. People know that getting in on an IPO type
investment does allow for big financial gains so why not get in on it. With
that thinking combined with the trust that their "friend" wouldn't
lie to them causes them to set aside their better judgement . I
know a guy who told his LDS scammer before giving him some money, "This is
going against every investment rule and principle that I have for myself. The
only reason I am doing it is because I trust you to do what you "personally
have guaranteed". The scammer didnt even blink or say anything to walk
back his previous "personal guarantee". He could have said that this
was actually just an investment where losses could occur. If he did, he would
have lost out on the money. He just kept by his previous statement that this
return was personally guaranteed so trust him.
65TossPowerTrap, Only about 45 percent of Utahns voted for Trump -- a rather
poor showing compared to other GOP Presidential candidates who have received in
the 60-70 per cent range of votes in Utah. Trump himself, during the 2016
campaign, admitted that he had a "problem" in Utah.
This is a very interesting article and totally believable for anyone who has
lived in Utah in the past or is currently living there. Looking at another
article today in which Mitt Romney expresses his desire to hear from Robert
Mueller I see some of the usual comments that relate to this article; Just a
couple of them for example:"We've heard the report!
There's nothing here. Move along!""There he goes again.
How about if you just read the report. It' s over Mitt."Such is the mindset of certain people in Utah (and yes, both these comments
came from Utah readers) and illustrates how easy it is for some people to be
victims of fraud. All Mitt Romney is suggesting is that the author of the
report and the leader of the investigation be allowed to speak candidly rather
than relying on the interpretation of the report by the Attorney General who has
proven, beyond a shadow of a doubt, that he he is working as the
president's personal lawyer rather than working as his oath of office
requires - for the protection of the citizens of the United States.Not wanting to hear the whole truth is indicative of the easy mark in a
Because from Youth we are taught to trust LDS Church leadership.
Well...look no further at how many voted for Donald Trump
In the immortal words of the apostle, Elder Delbert L. Stapley: "The Saints
Trust but verify.
To "Impartial7" but those are just the liberals. The members of the
Church of Jesus Christ of Latter Day Saints are taught to study things out
first, and get the facts before acting.TO "65TossPowerTrap"
people in Utah didn't vote for Trump because of what Trump was selling.
They voted for Trump because of what Hillary was selling.
1. I try to be honest in all I do. I try to trust in the goodness of people.
Expecting people to be honest can get you into a lot of trouble. If it sounds
too-good-to-be-true, it probably is.2. Members of the Church have
gotten this idea that paying tithing and wealth are somehow linked. Someone
comes along with a too-good-to-be-true pitch and they think it is the blessing
of the Lord. When the Lord promised to open you the windows of Heaven, He was
not promising you wealth. Nowhere in the scriptures is that a promise. There
are thousands upon thousands of way He will bless you; probably not wealth you
haven't worked for.
It has less to do about trust and gullibility and more to do with plain old
greed. I have friends who have lost a bundle to these swindlers. At the end of
the day the thought of easy money made them ignore their better judgement.
With today’s prudent and cautionary tale about Ponzis and gullibility, it
is perhaps a bit ironic that Evensen has repeatedly used his forum here to
promote a Ponzi scheme. He often decries declining birth rates in the country
because an aging population needs younger people to care for them, both
physically and financially (Social Security). He supports his pronatalist views
by arguing that society must constantly recruit new members—the base of
the pyramid must always grow lest the unsupported top collapse.Evensen is smart enough to recognize that a financial Ponzi is destined to
collapse because there just are not enough resources to keep it going. For
investors, the best solution is to exit early before things become
unsustainable, absorb the loss, and find a different form of investment. Evensen
fails to see that the same applies to population. Ultimately, the population
will exceed the available resources. It may not be at 6 billion or 10 billion,
but there is a number where it will come crashing down. Rather than throwing
more babies at the problem (Evensen’s solution), which will only hasten
the day, the answer is to stop now and reform how seniors are supported.
It's because LDS Church members associate membership and callings with a
certain level of righteousness.
High Yield/Low Risk = Fraud.
It is a sad thing, but the truth is that there are financial predators in our
state. They know that members of the LDS Church are kind and trusting (normally
good qualities) and they take advantage of those traits to lure people into
financial scams. I work in the financial services industry and I
am going to go out on a limb to say that if someone tells you they have a great
investment that pays more than 10-15% PER YEAR, it is probably a scam. Please
don't fall for these pitches. If it sounds too good to be true it probably
Perhaps it is because a majority of Utahns voted for Trump. If you believe what
he's selling - you'll believe anything.
Perhaps it is because a majority of Utahns are raised to believe fantasy.
True believers who value faith over provable facts are more likely to trust
people they should not trust.
Most Utahn's are taught, from an early age, not to worry about facts, but
"trust your feelings". It's not a healthy way to approach financial
decisions. Others know that weakness and take advantage of those targets.