You may or may not have been caught up in the FTX cryptocurrency implosion but what’s certain is that financial frauds are as old as time and they’ll never be stamped out.

Every go-go era, once the tide goes out, has its share of frauds, each one similar but different to ones that have gone before.

The perpetrators even have the same smirks. See Charles Ponzi and Sam Bankman-Fried, as an example.

Why do scams keep happening and how can investors make sure they don’t get duped by one?

Watch this conversation with John O’Connell, a guy who’s seen it all in his 35+ years managing investors money.