Thursday, March 12, 2009

..if it's too good to be true: BEWARE...

Bernard Madoff who operated a Ponzi scheme and victimized a lot of people, pleaded guilty to 11 counts of felony...This is one of the news you get to see when you watch CNN or BBC. I never heard of this man until the news came out. I know his victims will have little consolation upon hearing this news, what they really want is to get back their money...An ongoing Senate hearing is also making news here locally. I'm talking about the "Legacy" scam. I can't help but feel scorn and anger every time I see on TV the man who's behind all these. At least, Madoff has the courage to admit that he's guilty to all the charges filed against him. Unlike, de los Angeles who refused to admit what he has done. I'm not sure what this investigation will produce in the end. As most investigations, the Philippine government is not able to put behind bars the people responsible. How can they when in some way or another they also benefited from it...Let this be a lesson for us, when something come up that is too good to be true or possible, let's not forget to use our common sense, no matter how tempting an "outrageous idea" could be.

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