Greed and gullibility are gold to the fraudsters with promises of riches

Even if a proposition seems too good to be true, many investors who should know better will still try to take their cut and run before it all falls apart

18th April, 2021
Greed and gullibility are gold to the fraudsters with promises of riches
Bernie Madoff (left): swindled investors out of billions Bloomberg

They can be tough on some of their white collar criminals in the US. Had Bernie Madoff been a prisoner in Ireland, for example, it is not hard to imagine that he would have been released on humanitarian grounds to die at home rather than in prison.

An 82-year-old suffering from renal failure would have been treated with compassion. But the authorities in the US were determined that, no matter what, the fraudster would die...

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