A short conversational excerpt from the YouTube video "Losing Money TWICE — and Still Bouncing Back" in which host Ndubuisi 'Andy' Egwim interviews another speaker about losing funds in an online investment/Ponzi-like scheme (website vanished) and later suffering a second loss. The exchange emphasizes both the financial scale (mentions of large sums) and the emotional response (shock, then later laughter).
I know too many people who lost money in that scheme. I don't want to ask you the mechanics of how the money got lost, but I'm assuming it's something like you put in money, maybe they're paying back. You go and putting back some money, and then finally they just said.
And then one day just.
It just goes away.
It just like the whole website crashed. We just went into thin air.
Just disappeared.
Just disappeared. I know. I heard people who lost more like people had money in tens of millions in this stuff.
So apart from that, did you ever lose any money again in investing or any. Any skin?
I did the second time.
I'm really sorry. I'm not. What? I'm laughing because I know you laugh.
Because it's funny now. It wasn't funny, but.
I'm laughing because you shared this story and you were so funny about it. I'm like, what? That's a lot of money.
I'd come here, I started saving again. Okay. And then everything was going on well. And it was actually a friend of mine who introduced me to this Forex. So this wasn't Ponzi. This wasn't like, bring one person, bring another person. No, this was Forex.
