What is Scam?
Scam is a dishonest scheme that is carried out by an individual or groups of persons in mode of taking away something that is valuable to others. Those who perform these acts are reffered to as scamers.
How do people get involved, how easily are people scammed and reasons?
Many individuals think of the internet as a get rich quick scheme and once they are exposed to any form of investment promising high ROI, witjout a second taught they jump onto it, you and I as well know how this will end? In a nutshell, GREED is a factor
Secondly the inability to conduct research and make real findings on our own. All this as a result of laziness.
Add yours!!
I entreat all of us to be on the look out for scan projects, make our findings and proof beyound doubts their scam intentions and also avoid been greedy when making an inveatment
What I can add is that scammers are also evolving, meaning their strategy on how to scam the investors are keep on advancing therefore most of the newbies are the victims of scammers dishonest scheme.
The greediness of ROI is what I saw the most useful for the scammers even as of the moment because if someone received an ROI of their that is pretty high then they will spread it to their friends and that is how the scheme almost start. Even if they are good with research but if they will not gamble to their investment they will not gain also, that is how investment works and the scammers scheme were born.