Back in 2021, my husband was scammed out of 2 billion won. Long story short, he purchased a large plot of land (South Korea). However, the land was located in a mountainous area designated as unfit for development, except for military or public use. Under the Forest Conservation Act, the area was virtually undevelopable, as it was meant to be preserved. Police believe that the real estate group subdivided the mountainous land into smaller lots and sold them to over 3,000 individuals, deceiving them by claiming to have insider information about upcoming redevelopment in the area.
I know someone who put the max amount down on the elio. He has the tshirt hanging as a reminder to never give anyone money without product.
I put a $50 pre-order down on the new slate electric vehicle.
Hopefully it pans out, and in like two years I’ll be able to buy one, but if not, I mean it was only 50 bucks and it’s investing towards a more electric theoretical future, so it’s like I won’t cry too much about it if I lose it, but I hope I don’t.
shit my copium supply is running low
I’ve lost $50 more than once not knowing I lost $50.
So, you’re light years ahead.
Elio?
https://www.usatoday.com/in-depth/money/cars/2021/10/21/elio-motors-took-millions-customer-deposits-never-delivered-car/5930672001/
I hate to link to a subreddit, but use a mirror and you can avoid the ick. https://www.reddit.com/r/eliomotors
They have a few folks there who keep the ‘story’ alive and poke fun at themselves for once believing.
An electric car company that took deposits and didn’t deliver cars.
Never heard of it. But as the author puts (money without a product) it sound like an MLM scam.