Belief in money for nothing leaves people in dire straits

Prof C Explains
3 min readAug 6, 2006

by J Scott Christianson, Columbia Daily Tribune Columnist

The July 25 Tribune chronicled the plight of the Troms, who lost $175,000 to a neighbor’s scheme that promised to earn back their initial investment in 14 days, after which they “would then get $500,000 a month for 10 months, for a total return of $5 million.” You can certainly feel for the Troms, but I imagine most people who read the article were wondering: How could anyone think they can get rich that quick?

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Prof C Explains

J Scott Christianson: UM Teaching Prof, Technologist & Entrepreneur. Connect with me here: https://www.christiansonjs.com/