The phrase
"gullible investors" refers to people who are easily fooled or deceived when it comes to investing their money. These individuals may believe false or misleading information, making them more susceptible to scams or risky investments.
Full definition
The attackers are actively targeting its initial coin offering (ICO) with phishing attacks and have already
duped gullible investors for over $ 1 million worth of Ethereum.
But the Feds have taken criminal action in this fraud case and Zaslivskiy is facing up to 5 years in the slammer for pitching the bogus ICO that apparently
fleeced gullible investors of around $ 300,000.
But while this sudden «curveball» might have come as a massive surprise for thousands
of gullible investors, the writing was on the wall all along.
And every single
year gullible investors fall into the trap of assuming they'll be able to pick and choose the best performing asset classes.
Its shame how LIC agents mislead
gullible investors enticing them to «invest» in such pathetic products under the so called tag line «Jindagi ke saath bhi, Jindagi ke baad bhi» and «Safe and guaranteed returns from Govt.
The reporter calls him a «twisted Robin Hood who takes from the rich and gives to himself and his merry band of brokers,» pushing «dicey stocks
on gullible investors.»
How long will
gullible investors bet on a pyramid scheme growing at an impossibly exponential rate, enjoying fictitious «wealth creation» as bankers load the economy down with debt?
Kelly says he only meant to poke fun at the deluge of unnecessary financial products being targeted
at gullible investors.
The SEC complaint claims Centra Tech co-founders, Sohrab «Sam» Sharma and Robert Farkas, orchestrated a fraudulent initial coin offering (ICO) to dupe
gullible investors out of $ 32 million, as per a report from Gizmodo.
Broadly speaking, regulators from Canada to China to Singapore are cracking down on ICOs to try and
protect gullible investors, which is probably a good thing.
It assumes a hands - off stance with regard to cryptocurrency regulation in general, yet, «At the same time, SEBI can not
allow gullible investors to be taken for a ride with unlawful promises by these exchanges and those claiming to «mint» cryptocurrencies.
ICO scams advertised on Facebook may have
lured gullible investors and it is right to put a stop to these kinds of practices.
STT has likened it to the great corporate Ponzi schemes, pointing out, just once or twice, that the wind industry is little more than the most recent and elaborate effort to
fleece gullible investors, in a list that dates back -LSB-...]
To take that comparison a step further, is there really any difference between the way VW packaged and marketed its pollution - spewing cars to regulators and customers as «clean,» and the way financial dark wizards took lowly subprime mortgages and prettied them up for sale as Triple - A high quality securities to
gullible investors?
It attracts new money from
gullible investors to pay dividends to the existing gullible investors.
The gullible investor fell for the trick and signed the dotted line.
And agri investments really seem to have a fatal attraction for
gullible investors... Ostrich farming, exotic farmland, forestry, bamboo plantations, etc. — the list keeps expanding, and we're just seeing the tip of the iceberg here.
With well costs heading towards $ 10 million it becomes harder to justify (to other than
gullible investors) that a well will bring in a viable economic return, as those wells in the «sweet spots» of the different fields become drained.
*** STT has likened it to the great corporate Ponzi schemes, pointing out, just once or twice, that the wind industry is little more than the most recent and elaborate effort to fleece
gullible investors, in a list that dates back to «corporate investment classics», like the South - Sea Bubble and Dutch tulip mania.
Endowment, money back and on top of them ULIP — all these rip off
gullible investors.
Hence,
the gullible investor won't be able to recover even invested principal amount.
Gullible investors will now try to buy cryptos through cash and other OTC means where they would have no buyer protection and end up falling for scams.