Victims believe what they are told when someone says that a high rate of return is guaranteed. They don’t understand that a high rate of return equals a high risk.
Victims believe someone they know and trust. Familiar and trusted people are better able to victimize through their own ignorance or stupidity, or through concealed malice. Never let down your guard against this menace.
The victim thinks laws, regulators, and other government mechanisms will protect them. Nobody gives a damn about the individual victim. Educate yourself. If you don’t understand the investment, then don’t give them your money.
Victims don’t check the background of the people involved. Don’t give your money to people without the appropriate education and employment history. Don’t give your money to people with a history of bankruptcy, law suits, criminal prosecutions, and name changes.