[ll931110]

There are a lot of assumptions in this statement.

1. You assume those people are proficient in English.

2. You assume those people can operate a smartphone or a computer, let alone go search for news.

3. You assume they will immediately discard scammy stories as fake. True story: yesterday, a relative of mine sent me a story about keeping her Facebook's account free by sending a certain SMS to 10 other people in her contact book. It took me 5 minutes to explain to her this was obviously a scam, and yet she wasn't totally convinced, because by her words "a lot of her friends sent her the same SMS".

4. You assume people have financial knowledge about investment or basic understanding of risk and return. Remember, in Vietnam there's no concept of 401k or IRA, and most people never invest before.

5. You assume people have college degree. In fact, many victims didn't finish high school or even middle school. Despite all the news, a large population of Vietnam still lacks college education.