The Industry Of "SCAM" Why Scammers Find It Difficult To Go Legit.
I was going through my Facebook page recently and I found out that one friend I use to have sold her Facebook account to some professional con artist, they managed to redesign the page in such a way that you'll never get a wind of any potential scam, they even added links back to YouTube, Twitter and Instagram accounts where they had up to 60 million followers, but if you click on the links, it doesn't redirect.
The main clickbait here was the account was always talking about crypto trading and how people can become rich for so little. You could tell that their ability to build a con page was better than their knowledge of Crypto and this could pass, without anyone noticing.
Why Always Scam?
So What Impression Does Aesthetic Creates In SCAM?
A lot of people who are on Facebook do not know much about crypto, this is because Facebook and its policies made it so, having ardent and altruistic information about Crypto isn't what you'll see on Facebook.
A lot of people would be more impressed with the aesthetics and the attempt at authenticity, making them easier scam targets.
For someone like me, it was easy to spot the scam because of my exposure and this is why they chose Facebook to build this scam. How they con people was coy, it was indirect but genius.
*What Inspires This Evil Ingenuity?
The thing is that they'll have random accounts tagging them account and thanking them for running a particular crypto program that financially changed their lives.
These tags would appear on the timeline of different people, making people curious, making them the potential victim of scam, there were other ways too, but this stood out.
For a minute I was admiring the sheer class and beauty of this scam, it was so nicely done, I was taken away by it, the length at which a scam can go might leave you asking questions like "for such brilliant minds, why not build something legit?"
Greed: The Need For The Scam Economy
It's not rocket science, greed fuels the need for scams. More people are looking for unrealistic ways to become rich, some others are interested in outrageous ROIs, the ripple effect is that more scammy businesses will be built because they're exactly the answer to the unexpectedness of wealth and the people who are rigorously seeking it.
The truth is greed can be manifested often in some. In the case of some others, it can be underlying and needs the right clickbait to activate it. When you look at man's quest for wealth, it's easier to tap into their curiosity by matching some of their expectations with unrealistic things.
So scamming itself is an industry that mirrors every real business opportunity out there but with better incentives and a lesser need for higher input.
Going Legit Can Be Slower
The concept of quick money negates the essence of being legitimate in business, this might sound awkward but it's completely true. Quick money is a thing that will never become extinct, not now, not in the future, irrespective of any futuristic innovation that'll prod people into embracing the need to grow wealth rather slowly or organically.
One reason for this is that it's embedded in the human psychologically to seek ease, especially in the aspect of money making. There are fundamentals to money making and we have to realize that not everyone would accept this, the people who won't seek unconventional methods to doing so.
I mean take a look at the need for compound interest, it's a formula that spans time, especially when people apply deferred gratification. This concept generally stimulates the ideas of obtaining futuristic gains by sacrificing the pleasure that's viable today.
Compound Interest: Textbook Beauty?
Scam Pays
In reality, Going legit rather than building a scam seems reasonable on the surface, but this isn't entirely true. Scam arguably pays better than going legit.. plus, it's an industry, that feeds the craving for greed.
This isn't saying scamming isn't difficult, I mean I've seen people cloning Instagram accounts of popular people to swindle others, but it's a lucrative sector fuelled by greed. building slowly can be tedious too.
The application of knowledge for this is quite different from scamming. For example, Crypto isn't what a lot of people think and this is because they're more focused on greed, creating a loophole that Makes it easier for them to be scammed.
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I can say covetousness is the issues here most scammers what to be rich 🤑 fast but if you wanted to be rich why scamming other people property or luring them into fake promises seriously I hate that act and I believe there are many people like me that hate them passionately
All we need to do is to be very careful of juicy offers and links we click u think this will also save us from being scammed
@josediccus thanks for this education information do have a blessed Sunday
Scamming is the concept of the content, but this one taps deeper into the psychology of scamming, why it happens, why it won't stop, the diabolics and when the evil geniusness can be used for good.
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This is becoming rampant on a daily basis as people are desperate to make money illegally and faster without minding the bad side of it and what is advisable is to be careful in other not to fall victim.
Well this desperation is one of the reasons why scam will always sell, people know It's existent, but scammers are getting better at what they do.
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Wow this so nice post. Alot of scammers every way
I have always thought of it too. If these folks can pull those scams off and people believe them. Why can't they do it and turn it into legit ventures.
I didn't get those answers years ago, but I did recently when I found out about the latest con artist, Andrew Tate.
You have said the same answer that came to me. It's easy to make money faster through scams than legit ways, the legit ways takes time to build. And people barely believe those ones since there are huge incentives and ROI's promised.
Legitimate money takes time to build. Sometimes it's not even about the brains or Concepts they have, it's just the inability to have patience to grow a thriving business that can be sustainable overtime, this things creates a rental vaacum, making it even unthinkable to start thinking about growing a business.
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god bless you
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I do ask myself with the brilliancy scammers have up their sleeve why not build something legit, bring that brilliant mind to positive creation. I see also how testimonies comments are posted making it easier for people to believe these scams are legit which is a tactics most people fall for unfortunately.
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Building legit might be wiser but then it's stressful. There's the uncertainty that building legit might become rewarding, but there's the certainty that there are groups of people who would fall for a scam that's nicely crafted.
I don't like scammers and some of the scams really go out of the way to seem really legit. From what I see, they have to do a lot of research in that field and I don't really think they would earn that much more in the long run by doing that scam. However, I guess it would give you some short-term profits.
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Scamming that looks almost legit has money invested into it big time. This way, it's easier for people to fall.... Anything that has unrealistic ROI count me out because I know it's a scam already
For starters building a good stuff is not so easy and it is easier to feed on people's greed.
I once read that one of the 31 reasons why people fail is that the expect something for nothing.
The more people keep acting this way, the more they will keep losing money.
I will talk about the biggest scam in history that was conducted by a Nigerian and analyse.it.
Doing things right like you said is obviously slow and requires work but also being a very successful scammer, it requires work.
I am often impressed with the work and ingenuity of scam plans, and ask myself the same question. Why don't these people build something legit.
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They don't build something legit because scamming is a big industry already and it's profitable
Understood.
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This is indeed a wonderful piece you have shared friend. Truth be told some individuals indulge in scamming activities because they feel going legit is slow and time consuming but then that is not the best way to be successful in life. Thank you for sharing.
I don't know why people can't go legit and is simply because they have program their mind in such a way that scamming people is the only way they can survive
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Legit is harder, plus scamming brings more money, it's a big industry on it's own.
Because scammers always use VPN/Proxy and other cheating engines and they try to get money. I know it is very hard to stop scamming to innocent people. I would like to improve modern social media if it is almost safer then Facebook, Twitter and Instagram. You know I have got wrong warning ⚠️ by Facebook and Instagram and I don't say bad words and my comments are respectfully. But Facebook ignored my judgment but I am victim by wrong warnings and I fight against Mark Zuckerberg but he doesn't reply me about wrong warnings. I want report police but my parents don't allow me to report police because I am scammed by wrong reporters. Thanks for understanding me! I know about scamming on social media.
It's just heartbreaking They don't even consider who day a scamming
It’s beyond cryptocurrency scams on Facebook these days. The most widespread one is this love fraud catfish thing going on. It’s all over the world now. People download pictures of models and celebrities, texting men or women and pretending to be these celebrities. I’ve seen countless cases of people lamenting bitterly after having being ripped off of their life savings, and in very worst scenarios, even went as far as taking loans for these fraudsters in the name of a promised love they haven’t met before. It’s really sad and people meed to wake up. Like you said, it’s a pity to see people that are skilled enough to forge documents, and commit almost a year in some cases pretending to be people they’re not just to rip other people off, when they could do better with their skills.
That one is rampant on Instagram a lot, the causes of these scams aren't far fetched the reality of the situation is that people love to be scammed they present themselves be scammed, I repeated this endlessly, Scam is an industry because till the end of time there are people who would fall victim, I think I won't blame the people who took the time to Craft this scam. I blame those who falls for it also.
Many person today are too greedy yet to lazy to spend even a little time to investigate at what they are getting into.
Also, sometimes, their greed is too strong that it clouds their judgement.
I am sure they are aware of scams - they're a lot of scams being circulated nowadays.
Scams are high risk high reward business. Scammers are most probably people who think that the only way they could make money is by stealing from other people.
I haven't seen the site/page but I am thinking that the scammer paid someone to make it this convincing.
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The "no time" factor is mainly why greedy people get scammed easily. The truth is, if people could invest time and patience it'll even be difficult for them to be greedy in the first place. So I understand why greedy people get easily scammed. They do not have time to build or investigate. This is why they're often exploited.
I haven't seen the site/page but I am thinking that the scammer paid someone to make it this convincing.
It was sheer beauty and it's just about enough for people to get lazy and never dig deeper
Thanks for curating
I think we are in a point in our time where people are being bombarded with almost everything instant. We are being conditioned to be lazy. 😁
The pleasure is mine. I had a great time reading your writeup. 🙂
I think the internet age is the reason why this is so, nevertheless, we're the ones who should discipline ourselves to be better and do better. Being scammed is crazy, falling for the scam is crazier..
Yup. Internet has a very big impact. Age of influencers and herds. 😁
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