Comment

Comment by Algemarin

This scam is successful because it is predicated on the same appeal that ventures like lotteries, sweepstakes, slot machines, or giveaways have (albeit accentuated with a seemingly guaranteed win, that these other ventures don't have): the belief that you can just luck into a giant treasure chest of money by expanding minimal effort.

Broadly, this is a modern version of what's known as an advance-fee fraud, which has been around for hundreds of years - paying a small amount upfront (hence the 'advance fee') under pretense of receiving a much larger amount later.

parent Algemarin 2 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton