Bernard Madoff scammed many out of their life savings, making
extreme amounts of money for himself. He has been caught & his
scheme has fallen apart. So, he is sitting in a jail cell waiting for
his trial, right? WRONG. He is out on bail probably still living the
highlife, as he has been for years now. How can this be? We see
people everyday who are put in jail for much smaller crimes and
are unable to afford the bail amount. We know that Mr. Madoff has
huge amounts of money and apparently it is believed by a judge
that he will not flee. Will a monitoring system of some type stop
him, if he does decide to flee? I doubt it. What will happen to him
when it is all said and done? Will it be fair? Will ALL those people
get their money back or be able to recover somehow from what he
took? I don’t think so. What punishment would be fair? How do
you right a wrong that is so huge?
At the same time, I think ALL the people who “invested” money
with him are complete IDIOTS! Why didn’t they do their home-
work? How could a Ponzi scheme ever get this large? Why
didn’t the government step in and put a stop to it? You can’t
tell me that NO ONE knew what he was up to!?
Although it doesn’t make the national news, or even the small
local news, there are instances like this that happen every
single day. People are constantly getting scammed out of
money on stupid schemes on the internet and in newspapers.
These people can not afford to lose money. It may not be their
life savings, but, for some, it may as well be. The targets are so
often people who are looking for work, or ways to make money,
but, instead they end up losing it. And what happens to the
scammers that are profiting from this – ABSOLUTELY NOTHING!
Why, because either there are not enough complaints filed, or the
amount isn’t large enough for the authorities to feel that it’s worth
pursuing. The schemes change all the time too, and with the
anonymity of the internet the scammers are able to just move on
to the next scam.
Mr. Madoff should be made an example of. Somehow, I think
his victims should be the ones to decide what happens to him.
Maybe if he is punished severly enough, it will set an example
and others may stop scamming for fear that they may actually
have to face the people that they have hurt and stolen from!
.

I wouldn’t say that people who get scammed are idiots. They are deceived, and they are certainly a bit gullible, or the deception wouldn’t work, but they are not idiots. As you point out, people get scammed every day, in many ways. 95% of all marketing is an attempt to scam someone, if you really think about what’s going on. If a certain product or service were actually better than its competition, why would anyone buy one of the inferior products or services? If it weren’t for scamming (usually called “advertising”), everyone would ignore the inferior stuff and buy only the good stuff, right?
You don’t have to go far at all to find examples of people who, for one reason or another, allow themselves to be scammed. The entire fantasy health entertainment industry depends on scamming people who want (sometimes desperately need) to believe that some bit of unscientific magic will make them better, or at least feel better. The list of scammers is huge — reflexology, acupuncture, iWater, chiropractic, magic magnets, touchless massage, intercessionary prayer, homeopathy, voodoo….
No matter how ridiculous and absurd and unscientific a claim may be, somewhere there is someone willing to pitch it, and someone else willing to buy it.
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