The Investors in Ponzi Schemes

I have been following the events in the Ponzi scheme that allegedly stole billions of dollars and the effort by the main lawyer to track this money down and reimburse the investors who have lost the money. I really don’t understand how these people could have not checked their statements and figure out something was wrong. Now claiming innocence does not cut it with me. I mean if you are consistently getting growth after growth in your portfolio while the economy is going down, will you not feel a little bit suspicious that something was wrong. I can’t believe for a second that you can rely on some statement and feel happy that your supposed wealth is growing and you take money out of it.

Now crying foul that you were deceived and you are claiming the fake numbers to say that you earned that much money is totally wrong. And these so called investors should have known that you don’t put all your eggs in one basket and you should diversify your portfolio. Here we have to look at the fact that the investors who should have done their due diligence and constant vigilance to make sure that their money is not going down the drain. Individual responsibility should be a must in this case and blind trust is no substitute for alertness when it comes to your finances.