Quote:
Originally Posted by woj
I'm not 100% sure what you mean by "ETrade self-investment knock-offs"? but if you mean a brokerage firm, then those are US based, SIPC insured and heavilly regulated businesses. If something goes wrong, SIPC takes over and everyone gets their $$ no matter what. That kind of business is not even remotely similar to epassporte.  |
It was meant as an example... They are similar in that your money is being held in a bank somewhere. It isn't held in Chris' personal wallet. It is in a bank. He doesn't have unlimited access to your money. Madoff didn't run a business that made money. Chris does. He is more worried about keeping the business going because that is how he makes money and that requires your trust. Madoff didn't give a shit about your trust.