> You can become a victim by investing in something at the bad time, in a bad way, so being a victim is mostly your fault. You can, but in most cases society t

> You can become a victim by investing in something at the bad time, in a bad way, so being a victim is mostly your fault. You can, but in most cases society tries to protect the naive from being defrauded by such things. We regulate what sort of things can be offered. Ponzis and Pyramids are generally verboten. As is, generally, fraudulent selling practice like advertising insured investments where they are not insured, or (for instance) selling land for development where there are government restrictions on that sort of development, those sorts of things. People are taken in by all sorts of shonky schemes, and yes, often they should know better. But that doesn't mean that we don't try to prevent them, or that the people running these schemes should escape blame.