It was posted once in big red letters and reasonably so, but now it is simply retarded.
No, you are simply wrong.
The most recent thread about a school going bust and losing the punters their money was started
long after it was first "posted once in big red letters", which was years ago now. It
does need repeating from time to time, and
the fact that people lost money when that most recent school went bust is clear evidence that it isn't repeated in big red letters often enough.