S4E4: Psychology of scams

For any scam to work there needs to be a perpetrator and a victim. This week, Nick and Neeraj discuss the psychology of these two roles in a scam as well as the psychological techniques scammers use to part victims from their money. On the face of it, many scams are marketed just like legitimate products and often with an air of authority. But dig a bit deeper and their oversized promises and easy solutions are there to see. But as our hosts learn, this does not stop many people from engaging, even if they know the likely result. Many of the victim’s motivations are intuitive, but in their reading materials, Neeraj and Nick find some surprising factors behind falling for scams. References The Psychology of Fraud, Persuasion and Scam Techniques by Martina Dove The psychology of scams: Provoking and committing errors of judgement - oft1070 (exeter.ac.uk) Thumbnail DALL·E prompt: "an goose dressed as an astronaut in space writing an email on a laptop, cartoon style" Please join us on our website and Discord: https://www.wildtruthchase.com https://discord.gg/gqM54csKSB