Not just those living in average standards, but even those educated ones, rich people, or something they can afford to lose that invested amount, can easily fall on those scams. Even with the warning from the SEC itself, they ignoring it since they saw someone living proof on the big returns of those schemes. They will only stop until they experience the real scam to themselves.

A sad truth in the Philippines. Passive income at any means thru illegitimate and untrustworthy companies as long as it has payment proofs.

Typical Pinoy quote about those scam and Ponzi schemes: Nagbabayad naman a. Bakit tinatawag na scam? Inggit lang yang mga walang pang-invest.
Translation: They are paying. Why is it called a scam? They are just jealous because they can't afford to invest.