Your typical victim of investment folly is not necessarily a hapless schoolteacher or a gullible dentist.
The Big Board's board of directors during Grasso's time at the helm included the CEOs of America's foremost financial houses and several heads of major corporations--hardly a gullible, dupable bunch.
Perhaps one of the more bizarre scams in Bangkok involves gem hustlers telling tourists that the whole of Chinatown is shut down, in hopes that the more gullible travellers will visit a great little store they know of instead.
He was a cheerful but gullible character who's greed regularly landed him in trouble.
What came out in trial was that Mandell had a staff that was gullible, had low self-esteem and had some skeletons in their closet prior to joining Sky Capital.
And gullible types are often taken in by a smart waitress who knows that small gestures like friendliness or a mint at the end of the meal usually do the trick.
"I was greedy and gullible, " says Claudia Nelson, 66, a retired real estate agent in Boise, Idaho.
As I explained in a recent column, that is just a public relations term invented to scare gullible, white bread suburbanites.
FORBES: Forget Market Failure, Our Crumbling Democracy Speaks To Political Failure
In an age when most politicians tell you that you have to look out for yourself, Cecil County is one of a handful of places that want to protect the gullible.
The business of distributing Herbalife products is all too often a losing proposition, and only those able to perpetuate recruitment chains have a shot at the rich rewards the company dangles before the gullible.
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