How Logan Paul Scammed People Out of Millions

Re:How Logan Paul Scammed People Out of Millions by LarryMullins on Sunday December 18, 2022 @12:26PM (#34039915)

Highly likely that a substantial portion of the victims, maybe even the majority, knew it was a rug-pull scam but thought they could get in, make a profit and get out before everybody else got screwed.

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Re:How Logan Paul Scammed People Out of Millions by wpietri on Sunday December 18, 2022 @12:32PM (#34039987)

There's an old line that you can't cheat an honest man. It's not always true, of course. But one of the most reliable source of marks is people who are looking to get something for nothing.

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Re:How Logan Paul Scammed People Out of Millions by spamizbad on Sunday December 18, 2022 @01:01PM (#34040335)

Many of the cons run on “Better Call Saul” rely on this premise.

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Re:How Logan Paul Scammed People Out of Millions by yummypaint on Sunday December 18, 2022 @12:34PM (#34040008)

Yeah i wonder about this too. I think the popular perception is that his followers are particularly young and impressionable, so if the actual investors in the scam tended to be older it lends weight to that idea. There is an old saying that "you can't con an honest man."

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Re:How Logan Paul Scammed People Out of Millions by smcl on Sunday December 18, 2022 @12:28PM (#34039942)

That's definitely a possibility. If so, very expensive lesson to learn.

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