this post was submitted on 15 Feb 2024
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[โ€“] [email protected] 34 points 9 months ago (1 children)

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.

[โ€“] [email protected] 2 points 9 months ago

There is an alternate starting point, but it involves a few buddies.

It is called inviting the rich over as dinner