Fousands of Income Streams

Fousands of Income Streams

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Discussion

Hoofy

77,381 posts

288 months

Thursday 25th January
quotequote all
It's like Ali G does forex scams.

The editing in that video is pretty good.

Also, which trading platform pays out in wads of cash?

Caddyshack

11,407 posts

212 months

Thursday 25th January
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That almost looked like a comedy sketch skit of a forex trader advert.

I love the 2 open laptops on a table in the kitchen of a new build show home showing some complicated graphs.

Spare tyre

10,160 posts

136 months

Thursday 25th January
quotequote all
Hoofy said:
It's like Ali G does forex scams.

The editing in that video is pretty good.

Also, which trading platform pays out in wads of cash?
The one that trades digital currency ONLINE obviously

Hoofy

77,381 posts

288 months

Thursday 25th January
quotequote all
Spare tyre said:
Hoofy said:
It's like Ali G does forex scams.

The editing in that video is pretty good.

Also, which trading platform pays out in wads of cash?
The one that trades digital currency ONLINE obviously
biggrin

It is funny how so many get rich quick schemes and related videos show wads of cash. It's like the 80s all over again.


Hoofy

77,381 posts

288 months

Thursday 25th January
quotequote all
Caddyshack said:
That almost looked like a comedy sketch skit of a forex trader advert.

I love the 2 open laptops on a table in the kitchen of a new build show home showing some complicated graphs.
They probably rent the place, or at least slip a few quid to the security guard after hours.

CharlesdeGaulle

26,882 posts

186 months

Thursday 25th January
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Sitting there with his shades on. What a bell.

anonymous-user

60 months

Thursday 25th January
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Why aren't any of those vehicles moving?

105.4

4,175 posts

77 months

Thursday 25th January
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pidsy said:
“Despatation is a word”

Apparently.
Lolz hehe

And so too is ‘throbber’.

Caddyshack

11,407 posts

212 months

Friday 26th January
quotequote all
pocketspring said:
Why aren't any of those vehicles moving?
And when you think about it, how often would you be filmed getting in to a car that was normal to you unless it was purely for a promo video? I bet he just got in and got out again and thanked the driver.

Spare tyre

10,160 posts

136 months

Friday 26th January
quotequote all
Caddyshack said:
pocketspring said:
Why aren't any of those vehicles moving?
And when you think about it, how often would you be filmed getting in to a car that was normal to you unless it was purely for a promo video? I bet he just got in and got out again and thanked the driver.
I don’t think he’s passed his test yet, I remember the awkward videos of him lurking near “his” Audi R8, but oddly never got in

Wololo

269 posts

41 months

Saturday 27th January
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Ginger Jord has signed off his fact sheets. I think he's confused "fact" with "brazen lies"....

littleowl

792 posts

239 months

Saturday 27th January
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I never understood how people get conned into these schemes.

If I was genuinely a 'rich, well paid person' I think that I would rather concentrate on that, rather than feeling the need to share the secrets of how I'd done it.

To my mind, it's no different to those ads that used to appear in the Sunday newspapers :"I make £10,000 a month WFH. Send me £10 & I'll send you my leaflet exlplaining how YOU can too".

So you send off your postal order (how quaint). And three weeks later a piece of paper turns up saying : ' Put this ad in a newspaper ':-
"I make £10,000 a month WFH. Send me £10 & I'll send you my leaflet exlplaining how YOU can too". rolleyes

Spare tyre

10,160 posts

136 months

Saturday 27th January
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littleowl said:
I never understood how people get conned into these schemes.

If I was genuinely a 'rich, well paid person' I think that I would rather concentrate on that, rather than feeling the need to share the secrets of how I'd done it.

To my mind, it's no different to those ads that used to appear in the Sunday newspapers :"I make £10,000 a month WFH. Send me £10 & I'll send you my leaflet exlplaining how YOU can too".

So you send off your postal order (how quaint). And three weeks later a piece of paper turns up saying : ' Put this ad in a newspaper ':-
"I make £10,000 a month WFH. Send me £10 & I'll send you my leaflet exlplaining how YOU can too". rolleyes
They rely on the vulnerable / stupid / naive

And you can bet your bottom Hungarian dollar that all the chumps pushing it also fell for it.

Imagine doing that for a living and having to look your folks in the eye

All narcissists

Spare tyre

10,160 posts

136 months

Saturday 27th January
quotequote all
Wololo said:

Ginger Jord has signed off his fact sheets. I think he's confused "fact" with "brazen lies"....
They made me chuckle

He’s been busy knocking those up, he’s also been banging on about what car he is pretending to buy this week

MWM3

Original Poster:

1,792 posts

128 months

Sunday 28th January
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Doesn't even look to be a good investment based on the performance chart.

DonkeyApple

57,925 posts

175 months

Sunday 28th January
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Spare tyre said:
littleowl said:
I never understood how people get conned into these schemes.

If I was genuinely a 'rich, well paid person' I think that I would rather concentrate on that, rather than feeling the need to share the secrets of how I'd done it.

To my mind, it's no different to those ads that used to appear in the Sunday newspapers :"I make £10,000 a month WFH. Send me £10 & I'll send you my leaflet exlplaining how YOU can too".

So you send off your postal order (how quaint). And three weeks later a piece of paper turns up saying : ' Put this ad in a newspaper ':-
"I make £10,000 a month WFH. Send me £10 & I'll send you my leaflet exlplaining how YOU can too". rolleyes
They rely on the vulnerable / stupid / naive

And you can bet your bottom Hungarian dollar that all the chumps pushing it also fell for it.

Imagine doing that for a living and having to look your folks in the eye

All narcissists
If you aren't one of the people who are spaffed out at birth to be genetically predisposed to be vulnerable to this stuff then it is very hard to comprehend or even work out how there is money in this stuff.

But at this level you are basically dealing with skint kids who are easily deluded by the enormous and almost complete illusion of success of the social media fakery combining with laziness.

The wealthy and educated all fall for the exact same grift but it is delivered in a different package. Just consider all the educated pensioners who are so easily talked into penny share investments or all that solar power junk where the grifter pitches the kit as being a financial investment despite it very clearly being a terrible financial deal but because it is lubricated with the whole, save the planet or be your own energy company and stick it to the man pitch you get these intelligent people buying in. Classic cars are another great pensioner grift.

In short, you can grift anyone from any walk of life, any level of wealth, any level of education, any level of intelligence. All you need to do is filter and find the one who are lazy and greedy enough by delivering the right pitch to the audience.

These really bottom end trading grifts don't need to be sophisticated so they appear on a level not much different to the Nigerian email. The target audience is already heavily primed by fake lifestyles on social media, a lack of wisdom and a desperation to have money for nothing and their chicks for free.

It's never been easier to grift at this level. It's the largest group of any society but historically grifters couldn't reach them easily but can now tap them all via social media. The group is already pre-primed by all the fake lifestyles on social media. But the other big game changer is that they have money now so it is worth spending the marketing and time to find the most greedy, lazy mugs within that group.

As for the scammer, they're normally from the same group so grifting for a few quid is worth their while. They have lots of spare time and it's not worth anything so if you can top up your benefits or minimum wage with a few affiliate payments from an offshore broker just by putting some stuff in social media and getting just the occasional mug to open an account and send £100 of which you might get half. That's living the dream.


bitchstewie

54,486 posts

216 months

Sunday 28th January
quotequote all
^^ it's pretty much this.

Think of all those dodgy non-regulated bonds that used to advertise in the back of magazines and all those pensioners who never seemed to question a 12% guaranteed and 100% safe return or whatever it was.

Or all the threads on here where people think putting a big chunk of their money into lithium or some third world mining prospect was ever a sensible idea.

Different demographic same principle IMHO.

Puzzles

2,267 posts

117 months

Sunday 28th January
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I suspect the marketing is like that as they don’t want to waste their time dealing with people who won’t fall for it.

DonkeyApple

57,925 posts

175 months

Sunday 28th January
quotequote all
bhstewie said:
^^ it's pretty much this.

Think of all those dodgy non-regulated bonds that used to advertise in the back of magazines and all those pensioners who never seemed to question a 12% guaranteed and 100% safe return or whatever it was.

Or all the threads on here where people think putting a big chunk of their money into lithium or some third world mining prospect was ever a sensible idea.

Different demographic same principle IMHO.
Yup. It's the exact same grift just packaged and presented differently but ultimately to the exact same mug under their veneer of age, wisdom, education or intelligence. It's targeting the greedy and lazy ones who are in there.

The minim bond and P2P stuff on PH was painful to watch play out. It just didn't matter how many times and ways the grift was explained the believer was just set on believing. Especially once the money has gone over the table. Then those people become totally devout because a protection mechanism in their brain kicks in to protect them from the horror of having just sent the wife's pension into the abyss and it doesn't just stop there. The marque then becomes one of the grifters in the pyramid but worse then the original grifter who is seeking to scam people they don't know, these ones are truly, truly vile as they are actively seeking to rinse out their friends and family to at best try and convince themselves their investment is kosher but at worst for an actual payment!!!

Just look at how the whole 'referral' enterprise has exploded in recent years. Whatever your grift is you can easily recruit marks into an army of grifters working for you just by offering them a paltry bit of the action. For bugger all payment they will sell out everyone they know.

When I was younger and saw these scams in action within the financial markets I used to feel genuinely sorry for the victims. After an entire career spent seeing these people, always the same type of person, always buying in to the same wheeze and then always trying to con their friends and family to try and bail themselves out I have developed quite an extreme opinion of the vast majority of the 'victims' of these scams which is that they are not victims at all but just another breed of grifter. A type of grifter too lazy to come up with their own scheme and with such horrendously low morals that their second solution to trying to get some money for nothing is to scam the people closest to them.

Their defence will always be that they didn't know. But they did. They just buried that so deep in their minds as to allow them to pretend it wasn't there.

That act of the mark turning themselves into a grifter is truly grim.

Spare tyre

10,160 posts

136 months

Sunday 28th January
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I’ve just been into Southampton city centre with my daughter, then ocean village for a walk

Didn’t see a single forex whizz, not even lee Davis

Going back 4 or 5 years you would have been guaranteed to see at least 3 or 4