Financial columnist scammed out of $50,000...

I wasn't sure in what topic to insert below, but psychology seems appropriate, as the "scams" while trading are almost endless.

https://www.thedailybeast.com/new-y...t-charlotte-cowles-scammed-out-of-dollar50000

 

A thread on The psychology of scams would make for interesting reading.

 

Nothing to fear.

Only foolish gullible lazy people can be scammed

 

It would be interesting to read about the psychology of those scammed

 

Not really, though. We’re all falling for lower-loss scams all the time, it’s called politics, advertising or religion. We also had huge confidence cons where very smart, connected people got scammed out of millions.

Scammers use the combination of “air of authority” and strong emotional triggers (sex, love for your family, fear of prosecution etc) to create situations where “something needs to be done” and money is a vehicle to do so. If someone calls you saying that “your son was just arrested and you need to pay X to resolve it”, plenty of people would fall for it because emotional connection to their child is more important than the money

 

Sociopath says what?

 

She’s a moron and needs to be fired from anything financial related. I was introduced to Kitboga and Scam baiters by kids in sixth grade classes(Helped in SPED), Gosh!

 

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LOL, speak for yourself ,[Slow Learn] you dont speak for me

 

What's that thing they used to say? "If you think you don't have a blind spot, it's just in your blind spot" or something like that

 

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Yes;
but that's NO where near your broad brush ''we all are falling .. all the time '''.
Speak for yourself, you dont speak for me.
True we all may have blind spots; but that is nowhere near your first broad brush;
good shot on your second shot S- Learner
Some blind people wear sun-glasses/ i use them for sun screen LOL