Scammers have constantly existed and they have because they have always identified easy targets. Targets who turn out to be victims, some say of their very own greed and deficiency of self-recognition and critical pondering.
Even though some are slipping prey to money-makers, other people are turning out to be victims of fake universities providing absurd honourary titles together with professorships!
Growing up several years ago in Nima, in Accra, I have grown accustomed to itinerant medication gentlemen and merchants marketing each and every, and nearly anything they can discover purchasers for. Some moved from household to residence to tell mythical stories about illnesses and how the herbs they had been offering could overcome each and every ailment acknowledged to humans.
I try to remember vividly this gentleman who in the 70s came to our residence to promote a herb that cured toothache. I can nevertheless photo the scene in my mind. He combined some concoctions and one of my sisters who endured critical toothaches was designed to pour some in her mouth and then pour it out into a container. When she did, the dim brown material contained some things that looked like dead worms, they had been dry – these ended up supposedly worms in her tooth that the herb had killed!
The drugs man proceeded to count the lifeless worms and my lousy mother was to spend in accordance to the selection! As I remember now, she did not have all the funds to spend and the male commenced threatening everybody at home. When he recognized his threats couldn’t pressure my mom to cough out much more than she previously had, he reluctantly acknowledged what she provided as however he did her a favour.
Plainly, this conman performed on the ignorance and gullibility of my disadvantaged spouse and children, and most likely of other folks far too, so lousy to accessibility dental treatment in our hospitals. I will have to say even so, that in the 70s, not many Ghanaians could find the money for dental care or were being even informed of its existence – additionally, there weren’t lots of dentists in Ghana and the practice was not really innovative. Dentists largely would pull out enamel, contrary to these days when they would do something to preserve a tooth. The thought of getting a tooth pulled out painfully, also fearful a great deal of folks from going to the dentist.
The medication male proceeded to count the useless worms and my lousy mother was to shell out according to the range!
There were being also the itinerant magicians who would established up in market squares to ply their trade – they frequently acquired people today enthralled by their capabilities and displays. Then there had been people who sold goods offered only in distant villages – villages so much away that not substantially is recognized about them. They captured the consideration of their possible victims with legendary tales, often playing on their fear of the unknown.
But this is the millennium, the yr is 2019. Why do so several Ghanaians continue to drop target to clear ripoffs?
In the 90s when some of the major Ponzi schemes R5 and Pyram emerged, the country was just recovering from the vestiges of a political experiment that remaining deep scars of economic failures. The state was just recovering from a armed forces dictatorship with no actual encounter of how to operate an financial state. The Structural Adjustment Programme (SAP) which was changed by the Programme of Action to Mitigate the Social Price tag of Adjustment (PAMSCAD) have all not aided but deepened the country’s economic challenges forcing numerous Ghanaians to look for respite where ever they could come across it.
The banking companies did not give much assistance possibly, they experienced and even now do have minimal thresholds of curiosity charges on personal savings. In those days, there was even a business financial institution that billed costs on discounts accounts which stability fell underneath a sure total, and people today required a way out of the crippling financial and suffocating fiscal environments.
There weren’t also numerous avenues for information and facts sharing, and scammers could simply piggy-back again on people’s ignorance.
So, to some extent the predicaments could be reported to have pushed the men and women into accepting devoid of a thought what appeared to be an effortless way to make some added funds.
There have been also the itinerant magicians who would set up in industry squares to ply their trade – they normally obtained individuals enthralled by their techniques and shows. Then there have been all those who bought goods available only in distant villages – villages so far away that not significantly is identified about them. They captured the focus of their probable victims with legendary tales, normally enjoying on their concern of the unidentified.
But these times there is so a lot info all around, and people today who are keen to get to the bottom of points to be clear about what they are getting into, can do so.
It having said that, seems that, even social media platforms, that should find the money for avenues for inquiring thoughts and in search of solutions have develop into the resources of manipulations and misinformation that persons effortlessly fall prey to.
Also, with the proliferation of mass media this kind of as radio and most Ghanaians pay attention to radio – it is quick to assume that individuals are acquiring educated and educated about a ton of critical problems. But it does show up it isn’t. Like anyone at the time mentioned, social media appears to deepen some people’s ignorance and to make other individuals even far more silly.
While the Menzgold fraud and other folks have not still been fully solved, an additional scam known as Loom appeared and folks fell for it – without having asking queries and they lost dollars. Some got included figuring out way too effectively that they could shed revenue, but have been enamoured by the thinking that just about every investment is a prospective hazard – and it was not extended ahead of they lost funds. Some are however licking their wounds.
These wounds have hardly healed, and guess what, a youthful guy an individual described as ‘a male with an iPod in the ear’ appeared from nowhere and started out providing suggestions on betting, and in just a small time, he has tens of 1000’s of followers, all of them seeking a piece of the cake – a cake they haven’t observed nor know of its existence.
This is not only greed, but ignorance – some of these folks are ignorant of the point that there are a number of economical providers and advisors about who would supply economic advice free of charge of charge. They have no plan that acquiring economical suggestions is helpful in making expense selections, and there are a lot of specialists offered.
There are also, expenditure items that are safe. Some are also insured to guard the trader. But most likely thanks to the want ‘to get wealthy quick’ most men and women will not look that way. Some are also probable to use the banking crisis as an justification to seem outside the house the monetary process, however, the challenges are bigger exterior the regulated procedure.
The anticipations of higher winnings or getting huge returns in investments are often uncomplicated baits, but becoming thorough and probing are absolutely sure means of staying away from the lure of slipping to scammers and there are so several of them.
By Emmanuel K. Dogbevi
Email: [email protected]
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