December 11, 2022 at 2:42 am

What’s the Biggest Scam of All Time? Here’s What People Had to Say.

by Matthew Gilligan

Have you ever been scammed out of money before?

Or maybe scammed in some other way?

It really sucks and it makes you wary of completely trusting anyone ever again.

And these answers about the biggest scams of all time from folks on AskReddit will make you even more suspicious of your fellow human beings.

Let’s see what they had to say.

1. Insane.

“Health Insurance.

$20k a year for something I hope I don’t have to use.

But if I use it? Another $3k.”

2. Rip off.


They charge you for a drum and flat when technically it’s all one wing minus the tip.”

3. Literally…

“Enron. That was a multi billion dollar Ponzi scheme.

Quite literally the biggest scam in history.”

4. Frustrating.

“The U.S. making it illegal to not have insurance on your car and then having the insurance companies doing everything in their power to not pay out.”

5. Best case scenario.

“That investing 40 years of work is worth 15 years of freedom…in the best possible case.”

6. A big myth.

“Eye doctor here.

I like to dispel the myth regarding carrots and good vision or night vision because of a scam set forth by Britain at the time to screw with the enemy.

They had just started performing night air raids and the Germans couldn’t figure out how they were accurately flying and bombing in the d**d of night so the Brits printed in their newspapers that they were feeding their pilots carrots to improve their night vision and how good carrots were for your vision due to the beta carotene.

Turns out that the Brits had just effectively mounted radar units to their planes for the first time and beat Germans to the punch with it. The truth is that beta carotene, while important for vision, is rarely in short supply in most diets and you can probably get enough out of a few packets of ketchup for weeks of good vision.

Meanwhile, here we are now approaching 100 years after the development of radar still eating the lies of carrots.”

7. A whole industry.

“The wedding industry is one big scam.

“Oh you want this random cake? $150.”

“Oh you want this exact same cake but it’s for a wedding? $500!””

8. Pretty scary.


L. Ron Hubbard is quite a fascinating man to learn about, terrible, terrible man, he began lying at a young age and then never stopped afterwards.

Becoming a billionaire out of that creepy cult-like ‘religion’ Is the biggest scam of all time.”

9. Major problem.


If I have to pay to do my homework, that should be a class FEE.

A book is something I can borrow from the library.”

10. Predators.

“Payday loan companies.

I watched a documentary on this practice.

Some had interest rates were 5000% on up. That’s f**king predatory!!!”

11. Targeting the elderly.

“Publisher’s Clearing House.

My grandma had an index card next to her door that had a script for what to say when PCH came to the door, supposedly if you read the script you got an extra bonus prize or more money or something.

Her computer was just full of spam from all the companies they sold her data to, it was really sad and annoying the way they target older, more gullible people.”

12. You know the name.

“I am going to go with Charles Ponzi, the guy that invented Ponzi schemes.

This jerk promised people 50 – 100% percent returns on their investments when all he did was just shuffle around money.

He bankrupted many people and, worse of all, his legacy is other degenerates using his same schemes to sucker and bankrupt even more people.”

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