SCAMS: FLOOD PREPARATION.

SCAMS: FLOOD PREPARATION. The article by Pablo Torres tells about an athlete ” who invested almost $70,000 in an invention: an inflatable raft that would sit under furniture. The pitch was that when high-rainfall areas were flooded, consumers could pump up the device, allowing a sofa to float and remain dry.” The promoter came back with a request for an additional investment of of $500,000, but by this time, the athlete had obtained professional investment advice. Somehow I was reminded of the precautions against flood that are taken in Chaucer’s “Miller’s Tale.”