KUALA LUMPUR: Greed and the allure of easy money from financial markets are the main reasons many supposedly savvy investors fall prey to fictitious trading companies.
With hindsight, this is easy enough to avoid, but in reality, it's not as easy. People are easily blinded by greed. Best example is the Bernie Madoff case. He didn't promise spectacular returns. He merely promised consistent returns and turned out to be the biggest fraud ever. So many people were fooled.
Apr 29th, 2010