Any and every step the government takes to stop this sort of thing from happening is good, but it will always be incomplete. Think about it. While it's easy enough to simply say people who fall for this scam or that are simply suckers, consider for a moment the motivations that might cause someone to believe they were on to a can't-miss opportunity. Only you know for yourself. That's why a little Foolish perspective is often worth its weight in jester caps.
Fools know that if an investment opportunity seems too good to be true, it probably is.
We know a long-term time horizon is, for most people, probably the best way to maximize returns, safety, and peace of mind. We know money isn't everything . In other words, fraud in most cases only happens if you let it. The Motley Fool. All rights reserved.