ngakonui grass Posted March 24 Share Posted March 24 Watched Sunday on TV1 and one of the stories was about 2 people who say they were scammed.The guy by 400k and a lady by 100k. What wasn't answered on the show was why they changed banks when investing this money and was the offer of returns so great that they got greedy.The banks in general now offer around 6% on a 12 month investment so obviously they were offered more. imo they weren't scammed but got greedy and paid the price. 1 Quote Link to comment Share on other sites More sharing options...
Turny Posted March 24 Share Posted March 24 NG from the scam thingies I read the common denominator seems to be massive interest returns, say 14%, when the market sits at 6% as you say. Too good to be true and so it will always be Not so sure the banks should be underwriting greedy stupidity but do think the banks should sharpen up on where the money is going 1 Quote Link to comment Share on other sites More sharing options...
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