Banks Scared of Scammers

Chasing money is like running after water. You can't catch it because it is faster

 and you cannot hold it like something solid, like a cup or grapes.

If banks are running scared because of online thievery, thuggery and volunteered burglary, then the problem is bigger than we thought. Volunteered burglary? Yes m’aam. Common sense went on vacation and never returned from Bora Bora. That is why I give my money to a total stranger, for some bogus investment.

Banks periodically remind us about the ‘highway robbery’, but warnings have become frequent. There must be a problem. This one arrived two days ago.

“Scammers have become more active on social media, trying to trick people into investing in Ponzi or pyramid schemes and crypto scams. They promise significant returns, like doubling your money in a very short time. Some pay initial returns, enticing you to invest more until they stop paying you. Others disappear as soon as you’ve paid over your money.”

What is a Ponzi scheme? Never mind. Banks should not remind us about what babies can see. They don’t stretch their mini-arms to strangers. They coil up and hide under the arm of the parent or cousin. What do they do when they see a familiar face? The arms shoot forward. It brings tears to my eyes. Yours too.

This bank message mentions ‘doubling your money.’ How is that possible? Common sense should tell us something’s fishy, but we don’t have it. We put it out with yesterday’s garbage. Today is today and we want money, and fast. We don’t have time. That’s why we want coffee-to-go, sandwich-to-go, wife-to-go, husband-to-go and profits-to-go. We forget the saying, come easy go easy. If banks, the government-approved scammers (bank fees) are worried about online scams, there is a problem.

Nonqaba waka Msimang

Blogger Without Borders