this post was submitted on 15 Feb 2024
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They've skipped the initial step: get hefty initial backing from a relative.
This gives you a head start, so you can scale up fast enough to become "too big to fail" and then comes the massive fraud.
Poor people can't get away with even minor fraud.
There is an alternate starting point, but it involves a few buddies.
It is called inviting the rich over as dinner