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Why Do People Have Money for Scams but Not for Legitimate Businesses?

The truth about our perception of money, business and success

Jocelyn Soriano
My Freelance Writing Journey
6 min readDec 10, 2024

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Have you ever noticed how many people say they lack money but then find some funds right away when someone offers them a fraudulent investment opportunity?

Whenever I hear about scams, I can’t help but wonder how much money can get invested in such treacherous operations.

One can’t count the number of networking and pyramid schemes that have deceived people in recent years. Why do these unsustainable and malicious ventures succeed in enticing many to invest their hard-earned money in them?

On the other hand, there are fewer people who join whenever there are programs that offer legitimate business opportunities. People say they don’t have sufficient capital to start a business. Many may claim that they have no money set aside at all.

My years of experience as a CPA and auditor taught me how to weigh risks when it comes to business, and I wish I could teach the same to people who get involved in deceptive operations and get-rich-quick schemes.

To start, let’s see some of the possible reasons why more people invest in scams rather than in legitimate investment opportunities:

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