Teacher kills self after losing all his money in scam

I am only an amateur player in the local stock market and I can tell you that I have never experienced doubling my money within a one month period.  Frankly, if a genie appears before me, I would ask him to show me at what points the market doubled its income and which companies did, because that would be the only time, Ponzi schemes like this one by Aman Futures Group could have legitimately earned their money.  But of course, genies don't exist and mere mortals like me who play the stock market for 'fun' don't double their money in a month's time.  Maybe in 3 years but in one month?  That should've have rung alarm bells on the investors.

What makes me sad though is that these people could've invested it in the local stock market and help propel the growth of many of our local companies.

 Teacher kills self after losing all his money in scam

Thousands gypped in P12-billion scam

A sucker is born every minute - and yet they all succumb to the same sin - greed.  All of us are guilty of it.  We always want more - even if the promises are unrealistic.  Pyramid scams have been with us for more than a hundred years and we actually know how they operate, but because of greed, the rational side to our nature flies out of the window.

As they've always said, if something is too good to be true, then, most likely it's a scam!

Thousands gypped in P12-billion scam