The 8,000 Year History Of Scams

If you’re ever injured in an accident, you can check out Morgan & Morgan. You can submit a claim in 8 clicks or less without having to leave your couch. To start your claim, visit → https://www.forthepeople.com/howhisto...

------

#documentary #History #Scam

Link To My Other Channel:    / howmoneyworks  

Written By: Sam

Video Created By: Gabriela Gutierrez

Footage Courtesy of: Getty Images

Music Provided By: Epidemic Sound

For sponsorship inquiries, please contact [email protected]

------

"It's immoral to let a sucker keep his money". Well, that's what the seasoned con artist would
say.
This cheeky motto might seem like a tongue-in-cheek justification for their crafty heists. But
let's face it, sometimes it's hard to muster sympathy for their victims, especially when you
hear about the outlandish scams they've fallen for.
We've all heard about how some poor soul was taken for a ride by an outlandish con and
thought "how could anyone ever fall for that?!"
From the silver-tongued religious cult leaders who can convince their followers to part with
fortunes, to the ambitious street urchins executing a flawless Three-Card Monte, the art of the
scam is as diverse as it is cunning. And then there are those budding con artists, forever on

the lookout for an unsuspecting investor to swindle with their too-good-to-be-true get-rich-
quick-schemes.

But hold on, aren't we smarter these days? In our era of information overload, shouldn't it be
harder to pull the wool over our eyes? Unfortunately, not. If anything, it makes it easier!
We're just as vulnerable to scams today as our ancestors were centuries ago. The allure of a
quick win or a life-changing opportunity blinds even the savviest among us. [1]
But don't lose hope. There's good news! The psychology behind these scams is timeless. The
charismatic grifter, the vulnerable mark, and the promise of turning dreams into reality –
these elements remain unchanged. What evolves are the disguises these tricks wear to stay
one step ahead. So, they might have a facelift, but inside these cons are literally the oldest
trick in the book!
In fact, some scams are so brilliantly simple, they've barely changed at all. Why fix what ain't
broken, right?

SOURCES

1. https://newsroom.unsw.edu.au/news/bus...
scams#:~:text=When%20faced%20with%20financial%20difficulties,to%20susceptibility%20to%20fraudulent%20schemes.
2. https://slate.com/culture/2011/02/the...
become-so-rare-in-the-united-states.html
3. https://www.conman.com.au/post/how-to...
4. https://www.casino.org/blog/three-car...
5. https://entertainment.howstuffworks.c...
6. https://www.rba.gov.au/publications/b...
counterfeiting.html#:~:text=Around%20400%20BC%20for%20instance,metal%20to%20form%20a%20counterfeit.
7. https://www.newyorker.com/magazine/20...
8. https://www.smithsonianmag.com/histor...
180958370/
9. https://www.history.com/news/the-con-...
10. https://abcnews.go.com/US/scandals-br...
televangelists/story?id=60389342
11. https://time.com/4606775/5-myths-rasp...
12. https://www.smithsonianmag.com/histor...
13. https://www.investopedia.com/terms/b/...
14. https://www.britannica.com/event/Enro...
15. https://www.forbes.com/sites/jayadkis...
but-a-massive-pump-and-dump-scheme-fueled-by-widespread-manipulation/
16. https://nordvpn.com/blog/nigerian-pri...