One thing that hasn’t changed in 250 years: Americans’ willingness to get suckered
Americans have a long history of falling for frauds like snake oil and Ponzi schemes. Experts warn that social media influencers are now making people more vulnerable to such scams. This pattern of susceptibility has reportedly persisted for 250 years.
The terms “snake oil” and “Ponzi scheme” come from famous American frauds, and experts say social media influencers are making us more vulnerable than ever.
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