Most of these "hacks" are inside jobs. They come up with excuses so they can easily run away with users' money. I've seen it time after time and it looks like this will never stop as long as there are greedy people in this world.
Those people are not yet contented with what they have. But anyways, they are not becoming smarter, they're becoming evil. I hope that this won't happen to all of us.
All together, let us promote kindness and generosity for these are the good characteristics that the world have been lacking of.