Ether (ETH) is not a scam. Most news headlines about ETH scams are not about ETH itself but different applications based on ETH. The coin itself is as secure as the user wants it to be. It is protected by a strong password or storage device, which is impossible to hack. However, there are chances of web wallets being hacked or ETH based apps going bust. We recommend storing in physical storage units or desktop-based wallets protected by paper passwords.