There are many different reasons why newcomers are fooled by scammer, but one of the frequent reasons we can see it is their greed. It has caused them not to have a right mindset and to easily invest in scam projects
Sometimes, they've been fooled by their friends of relatives, someone who's involved with ponzi and scam projects they've been recruited in a promised that they'll be getting a huge amount of money. Both trust and greed leads them to get victimized by scammers, it's always best to work more with your education regarding to the investment that you'll going to participate and invest your money.
Well, that's because they want to get rich quickly without thinking about the risks, and the main factor in this is greedy, but lazy to find information about the truth of their investments. because of this, many people are exposed to scams on HYIP or Ponzi sites.