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"The Internet is largely unregulated.
Sure, there are some "rules" that are being enforced... when possible... and there have been a few programs shut down and their owner prosecuted, but only after many thousands of people lost millions of dollars.
But what happens then?
Under the very best of conditions, the authorities confiscate all the money and then the lawyers take over and start to try to unravel everything. That could take a long time... maybe years... and if you happen to be one of the victims who lost money, don't count on seeing anything.
But it gets even worse... because many of the programs on the Internet operate beyond the reach of the authorities. What happens when someone in Belize or Panama or Malaysia or Nigeria gets your money? What chance do you have of getting your money back then?
Zero chance. Don't believe me?"
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YOU got to believe!
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Thanx ahead! |