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1 posted on 04/26/2009 8:30:34 AM PDT by george76
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To: Anoreth

ping. Don’t buy a car. Don’t get a credit card. Don’t take a loan out. Don’t invest in anything without approval from your grandmother first!


2 posted on 04/26/2009 8:32:07 AM PDT by Tax-chick (O hai. Do I need you for something right now?)
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To: george76
She'd wired $21,000 to a scam artist who had requested the money as "collateral" for a low-interest $100,000 college loan.

How could somebody this stupid walk and breathe at the same time?

3 posted on 04/26/2009 8:34:14 AM PDT by Lancey Howard
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To: george76
She'd wired $21,000 to a scam artist who had requested the money as "collateral" for a low-interest $100,000 college loan.

She's too stupid to attend college.

4 posted on 04/26/2009 8:36:05 AM PDT by tsmith130
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To: george76

Also, if you are scammed, calling the Better Business Bureau is a waste of time. They are completely toothless and impotent. In fact, they more or less cover for illegitimate businesses.

The only thing you can do is make it your hobby for a few years to try to get your money back, or find a class-action suit which is working on the case. The latter is rare in genuine scams, because the lawyers are only interested in class-actions which can bring them money.

The type of scam described here may be controlled from abroad, and for all we know this woman’s money is somewhere in Nigeria by now. “International Law” will do her no good. She just paid for some very, very expensive education.


5 posted on 04/26/2009 8:36:42 AM PDT by docbnj
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To: george76

Find the scam and put it on the rope.


11 posted on 04/26/2009 8:45:39 AM PDT by YOUGOTIT (I will always be a Soldier)
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To: george76
Very sad that someone could graduate from High School with this kind of financial naivety. In know. I know. Of course nobody would want government to teach Finance. That's about as useful as having them teach history.

But this is very sad state of things.

14 posted on 04/26/2009 9:14:37 AM PDT by kcar
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To: george76

RULE #1

THERE IS NO SUCH THING AS A FREE LUNCH!


15 posted on 04/26/2009 9:16:49 AM PDT by not2worry (WHAT GOES AROUND COMES AROUND)
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To: george76

Very sad, this young woman obviously was headed for stardom at one of Americas finest economics schools. Just sad.


18 posted on 04/26/2009 10:07:26 AM PDT by nkycincinnatikid
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To: george76

Thanks, I needed a laugh.

Hopefully she got the money via a cash advance on her CC. That way BO’s coming CC bailout will rescue her.

Maybe she is the daughter of a girl in a college class of mine back in 1971. It was a health class & we watched a film of a woman giving birth. This young woman (engaged BTW) raised her hand during the question period after the film. In complete seriousness she asked what kept the baby from falling out on the floor.


19 posted on 04/26/2009 10:22:49 AM PDT by ChildOfThe60s (If you can remember the 60s........you weren't really there)
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To: george76

If you are so stupid you think you have to put up collateral to borrow money, you deserve to lose it.


22 posted on 04/26/2009 10:33:36 AM PDT by yazoo (was)
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To: george76
"more than 40% of recent fraud victims are in their 20s and 30s."

Many were even defrauded into voting for Ø!

Talk about naive!

23 posted on 04/26/2009 10:49:16 AM PDT by ChicagahAl (Don't blame me. I voted for Sarah.)
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To: george76; BIGLOOK; SierraWasp; tubebender; steelie

“Many young consumers have lost cash to scams... a quarter of people ages 18 to 34 admitted to losing money in a scam in the past six months. Other research suggests that more than 40% of recent fraud victims are in their 20s and 30s.”

Recently, my Trophy Wife and I participated in a real world math and reality discussion with our grandkids (8 and 10 going on 30) during a dinner at their home.

Our Son, their Dad led the real world math discussion and our DIL, their Mother lead the reality discussions re no free lunches and if it sounds too good to be true, it is, discussions.

My wife and I were amazed at how both grandkids really got into the math and how to avoid scams.

We were asked to tell about people, we knew, who got scammed or flunked a serious life event due to poor math skills. Our DIL had several email copies of scams or where the email sender was trying to scam those who got the emails. Both kids read the emails and other copies and asked good questions.

Afterwards, our grand daughter told her grandmother, that now she has doubts about the tooth fairy and the Easter Bunny. My wife used our standard answer to these serious questions, “You need to discuss that with your Mom and Dad in private without your younger brother!”


27 posted on 04/26/2009 11:26:53 AM PDT by Grampa Dave (Does 0B0Z0 have any friends, who are not criminals, foreign/domestic terrorists, or tax cheats?)
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To: george76

This explains why they supported Obama


34 posted on 04/26/2009 1:20:55 PM PDT by GeronL (TYRANNY SENTINEL. http://tyrannysentinel.blogspot.com LIBERTY FICTION at libertyfic.proboards.com)
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To: george76
"The odds of her getting her money back are pretty much zero,"

These are called "live and learn" lessons, which SHE paid for.

38 posted on 04/26/2009 11:39:32 PM PDT by VideoDoctor
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To: george76
If she wires me $10,000 bucks, I'll get her money back for her.

;^)

39 posted on 04/26/2009 11:42:37 PM PDT by SIDENET ("You knew the job was dangerous when you took it, Fred.")
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To: george76
"A distraught twentysomething woman called the Better Business Bureau in Louisville, Ky., one day last month. She'd wired $21,000 to a scam artist who had requested the money as "collateral" for a low-interest $100,000 college loan."

This is really someone you want running your business after they graduate.

46 posted on 04/27/2009 8:10:36 AM PDT by Mad_Tom_Rackham (What did Obama's Teleprompter know, and when did it know it...)
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