Current Events > I have been around scams and wanna talk about it

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So I am from a certain community and I love supporting artist and creators in that community. But certain "investors".... I really glance with a health amount of skepticism. They exploit the feeling of, "we are in the same community so I am here to help you out, don't trust the man!" Which is sad, because those are the people you should watch out for.

So certain people around me would do something called a blessing. It is basically where you and others put money into this scheme and (it appears like almost a concentric circle) and you move closer to the middle circle. And when you get into the final circle you get paid.h The issue is, you constantly need new members to get money. The 'blessing' is a pyramid scheme. I had a few colleagues who lost money on it.

Next is the PPP loan scam. I seen some people go telling me they got a PPP loan, never had a business license, an EIN, nothing of the sort and would get tens of thousands of dollars. But these people are putting their name, address, social security number into this. So when the IRS comes, they are going to look at their Tax returns, there will be a shit storm. I found several former co-workers who did this scam.

Anyone here knows any exploitation that people get scammed into?