Yes, a poster here. Very much into objectivism and who i credit with introducing me to someone who really influenced me for the better.
surf
How To Spot A Con Man
- Thread starter marketsurfer
- Start date
Yes, a poster here. Very much into objectivism and who i credit with introducing me to someone who really influenced me for the better.
surf
use and reply on your own ...intuition-- for the most part, it's usually right.
This forum topic reminds me of a recent movie I watched: Heartbreakers 2001...a gold-digging comedy that takes place in Palm Beach, Florida.
Never heard of that one-- thanks for the tip. Need to check it out, the island isn't very large.
Last edited:
One major sign, you typically see this with high-profile con men, is that of speaking conspiratorially. They want you to believe that everyone is out to get them, including the government, because what they're doing is so helpful to the common man. No one used this tactic better than TV pitchman Kevin Trudeau.
Q https://en.wikipedia.org/wiki/Confidence_trick
Confidence trick
From Wikipedia, the free encyclopedia
"Con man" and "Scam" redirect here. For other uses, see Con Man, Confidence man, and Scam (disambiguation).
Political Cartoon by JM Staniforth: Herbert Kitchener attempts to raise £100,000 for a College in Sudan by calling on the name of Charles George Gordon
A confidence trick (synonyms include confidence game, confidence scheme, scam and stratagem) is an attempt to defraud a person or group after first gaining their confidence, used in the classical sense of trust.
Confidence tricks exploit characteristics of the human psyche such as dishonesty, honesty, vanity, compassion, credulity, irresponsibility, naïveté and greed.
Contents
1 Terminology
1.1 Short and long cons
2 Stages of the con
3 Vulnerability to confidence tricks
4 See also
5 References
6 Further reading
7 External links
Terminology
The perpetrator of a confidence trick (or "con trick") is often referred to as a confidence (or "con") man, con-artist, or a "grifter". The first known usage of the term "confidence man" in English was in 1849 by the New York City press, during the trial of William Thompson. Thompson chatted with strangers until he asked if they had the confidence to lend him their watches, whereupon he would walk off with the watch. He was captured when a victim recognized him on the street.[1]
A confidence trick is also known as a con game, a con, a scam, a grift, a hustle, a bunko (or bunco), a swindle, a flimflam, a gaffle or a bamboozle. The intended victims are known as "marks", "suckers", or "gulls" (i.e. gullible). When accomplices are employed, they are known as shills.
Short and long cons
A short con or small con is a fast swindle which takes just minutes. It typically aims to rob the victim of everything in his or her wallet.[2]
A long con or big con (also, chiefly British English: long game)[3] is a scam that unfolds over several days or weeks and involves a team of swindlers, as well as props, sets, extras, costumes, and scripted lines. It aims to rob the victim of huge sums of money or valuable things, often by getting him or her to empty out banking accounts and borrow from family members.[4]
Stages of the con
In Confessions of a Confidence Man, Edward H. Smith lists the "six definite steps or stages of growth in every finely balanced and well-conceived confidence game." "One follows the other with absolute precision. In some games one or more of these acts, to use a theatrical comparison, may be dropped out, but where that happens the game is not a model one. The reference to the stage is apt, for the fine con game has its introduction, development, climax, dénouement and close, just like any good play. And this is not the only analogy to the drama, for the scenes are often as carefully set; the background is always a vital factor. In the colorful and mirthful language of the bunko man, all these parts of the game have their special names. I give them with their definitions:
Foundation Work
The preparations, which are made before the scheme is put in motion, including the elaboration of the plan, the employment of assistants, and so forth.
Approach
The manner of getting in touch with the victim—often most elaborately and carefully prepared.
Build-up
Arousing and sustaining the interest of the victim, introducing the scheme to him, arousing his greed, showing him the chance of profit, and filling him with so much expectation and cupidity that his judgment is warped and his caution thrown away.
Pay-off or Convincer
An actual or apparent paying of money by the conspirators to convince the victim and settle doubts by a cash demonstration. In the old banco game, the initial small bets which the victim was allowed to win were the pay-off. In stock swindles, the fake dividends sent to stockholders to encourage larger investments are the pay-off.
The Hurrah
This is like the dénouement in a play, and no con scheme is complete without it. It is a sudden crisis or unexpected development by which the mark is pushed over the last doubt or obstacle and forced to act. Once the hurrah is sprung, either the scammer has total control, or the con fails.
The In-and-In
This is the point in a con game where the conspirator puts some of his money into the deal with that of the victim; first, to remove the last doubt that may tarry in the gull’s mind, and, second, to put the con man in control of the situation after the deal is completed, thus forestalling a squeal. Often, the whole game is built up around this feature, and just as often, it does not figure at all.
In addition, some games require what is called 'corroboration', which means what it says. This is important in games where a banker or other shrewd customer is to be the victim."[5]
Vulnerability to confidence tricks
Confidence tricks exploit typical human characteristics such as greed, dishonesty, vanity, opportunism, lust, compassion, credulity, irresponsibility, desperation, and naïvety. As such, there is no consistent profile of a confidence trick victim; the common factor is simply that the victim relies on the good faith of the con artist. Victims of investment scams tend to show an incautious level of greed and gullibility, and many con artists target the elderly, but even alert and educated people may be taken in by other forms of a confidence trick.[6]
Accomplices, also known as shills, help manipulate the mark into accepting the perpetrator's plan. In a traditional confidence trick, the mark is led to believe that he will be able to win money or some other prize by doing some task. The accomplices may pretend to be strangers who have benefited from performing the task in the past.
See also
Boiler room (business)
Charlatan
Confidence trick (books and literature)
Confidence trick (television and movies)
Counterfeit
Hijacked journals
List of con artists
List of confidence tricks
List of criminal enterprises, gangs and syndicates
Quackery
Racketeering
Ripoff
Scam baiting
Scams in intellectual property
Social engineering (security)
White-collar crime
References
Karen Halttunen, Confidence Men and Painted Women, p 6 ISBN 0-300-02835-0
David Maurer, The Big Con, Chapter Eight: Short-Con Games
Yagoda, Ben (June 5, 2012). "'The long game'". Not One-off Britishisms. This language blog, while not a reliable etymological source, provides statistically gathered usage data that demonstrates neutral and well as critical usage, and that it is of British origin, only recently making notable inroads into American English.
Amy Reading, The Mark Inside: A Perfect Swindle, a Cunning Revenge, and a Small History of the Big Con, Chapter One: Confidence ISBN 978-0-307-47359-2
Edward H. Smith, Confessions of a Confidence Man: A Handbook for Suckers, p. 35-37.
Crimes-of-persuasion.com Fraud Victim Advice / Assistance for Consumer Scams and Investment Frauds
Further reading
Bell, J. Bowyer; Whaley, Barton (1982). Cheating and Deception (reprint 1991). New Brunswick (USA), London (UK): Transaction Publishers. ISBN 0-88738-868-X.
Blundell, Nigel (1984) [1982]. The World's Greatest Crooks and Conmen and other mischievous malefactors. London: Octopus Books. ISBN 0-7064-2144-2.
Dillon, Eamon (2008) [2008]. The Fraudsters: Sharks and Charlatans - How Con Artists Make Their Money. Merlin Publishing. ISBN 978-1-903582-82-4.
Ford, Charles V. (1999) [1999]. Lies! Lies!! Lies!!!: The Psychology of Deceit. American Psychiatric Publishing, Inc. ISBN 978-0-88048-997-3.
Henderson, Les (2000). Crimes of Persuasion: Schemes, scams, frauds. Coyote Ridge Publishing. ISBN 0-9687133-0-0.
Kaminski, Marek M. (2004). Games Prisoners Play. Princeton: Princeton University Press. ISBN 0-691-11721-7.
Maurer, David W. (1999) [1940]. The Big Con: The Story of the Confidence Man and the Confidence Game (reprinted). New York: Bobbs Merrill / Anchor Books. ISBN 0-385-49538-2.
Maurer, David W. (1974). The American Confidence Man. Springfield: Charles C. Thomas, Publisher. ISBN 0-398-02974-1.
Reading, Amy (2012). The Mark Inside: A Perfect Swindle, a Cunning Revenge, and a Small History of the Big Con. New York: Knopf. ISBN 978-0-307-47359-2.
Smith, Jeff (2009). Soapy Smith: The Life and Death of a Scoundrel. Juneau: Klondike Research. ISBN 0-9819743-0-9.
Sutherland, Edwin Hardin (1937). The Professional Thief (reprint 1989). Chicago: University of Chicago Press. ISBN 978-0-226-78051-1.
Weil, J.R. "Yellow Kid" (1948) [2004]. Con Man: A Master Swindler's Own Story. New York: Broadway Books. ISBN 0-7679-1737-5.
External links
Wikivoyage has a travel guide for Common scams.
https://en.wikivoyage.org/wiki/Common_scams
"Arrest of the Confidence Man" New York Herald, 1849
Dateline NBC investigation 'To Catch a Con Man'
The Blonger Bros. Lou Blonger was the head of a large gang of confidence men running the Big Con in 1910s Denver
Prepaid funeral scam, FBI
UQ
Confidence trick
From Wikipedia, the free encyclopedia
"Con man" and "Scam" redirect here. For other uses, see Con Man, Confidence man, and Scam (disambiguation).
Political Cartoon by JM Staniforth: Herbert Kitchener attempts to raise £100,000 for a College in Sudan by calling on the name of Charles George Gordon
A confidence trick (synonyms include confidence game, confidence scheme, scam and stratagem) is an attempt to defraud a person or group after first gaining their confidence, used in the classical sense of trust.
Confidence tricks exploit characteristics of the human psyche such as dishonesty, honesty, vanity, compassion, credulity, irresponsibility, naïveté and greed.
Contents
1 Terminology
1.1 Short and long cons
2 Stages of the con
3 Vulnerability to confidence tricks
4 See also
5 References
6 Further reading
7 External links
Terminology
The perpetrator of a confidence trick (or "con trick") is often referred to as a confidence (or "con") man, con-artist, or a "grifter". The first known usage of the term "confidence man" in English was in 1849 by the New York City press, during the trial of William Thompson. Thompson chatted with strangers until he asked if they had the confidence to lend him their watches, whereupon he would walk off with the watch. He was captured when a victim recognized him on the street.[1]
A confidence trick is also known as a con game, a con, a scam, a grift, a hustle, a bunko (or bunco), a swindle, a flimflam, a gaffle or a bamboozle. The intended victims are known as "marks", "suckers", or "gulls" (i.e. gullible). When accomplices are employed, they are known as shills.
Short and long cons
A short con or small con is a fast swindle which takes just minutes. It typically aims to rob the victim of everything in his or her wallet.[2]
A long con or big con (also, chiefly British English: long game)[3] is a scam that unfolds over several days or weeks and involves a team of swindlers, as well as props, sets, extras, costumes, and scripted lines. It aims to rob the victim of huge sums of money or valuable things, often by getting him or her to empty out banking accounts and borrow from family members.[4]
Stages of the con
In Confessions of a Confidence Man, Edward H. Smith lists the "six definite steps or stages of growth in every finely balanced and well-conceived confidence game." "One follows the other with absolute precision. In some games one or more of these acts, to use a theatrical comparison, may be dropped out, but where that happens the game is not a model one. The reference to the stage is apt, for the fine con game has its introduction, development, climax, dénouement and close, just like any good play. And this is not the only analogy to the drama, for the scenes are often as carefully set; the background is always a vital factor. In the colorful and mirthful language of the bunko man, all these parts of the game have their special names. I give them with their definitions:
Foundation Work
The preparations, which are made before the scheme is put in motion, including the elaboration of the plan, the employment of assistants, and so forth.
Approach
The manner of getting in touch with the victim—often most elaborately and carefully prepared.
Build-up
Arousing and sustaining the interest of the victim, introducing the scheme to him, arousing his greed, showing him the chance of profit, and filling him with so much expectation and cupidity that his judgment is warped and his caution thrown away.
Pay-off or Convincer
An actual or apparent paying of money by the conspirators to convince the victim and settle doubts by a cash demonstration. In the old banco game, the initial small bets which the victim was allowed to win were the pay-off. In stock swindles, the fake dividends sent to stockholders to encourage larger investments are the pay-off.
The Hurrah
This is like the dénouement in a play, and no con scheme is complete without it. It is a sudden crisis or unexpected development by which the mark is pushed over the last doubt or obstacle and forced to act. Once the hurrah is sprung, either the scammer has total control, or the con fails.
The In-and-In
This is the point in a con game where the conspirator puts some of his money into the deal with that of the victim; first, to remove the last doubt that may tarry in the gull’s mind, and, second, to put the con man in control of the situation after the deal is completed, thus forestalling a squeal. Often, the whole game is built up around this feature, and just as often, it does not figure at all.
In addition, some games require what is called 'corroboration', which means what it says. This is important in games where a banker or other shrewd customer is to be the victim."[5]
Vulnerability to confidence tricks
Confidence tricks exploit typical human characteristics such as greed, dishonesty, vanity, opportunism, lust, compassion, credulity, irresponsibility, desperation, and naïvety. As such, there is no consistent profile of a confidence trick victim; the common factor is simply that the victim relies on the good faith of the con artist. Victims of investment scams tend to show an incautious level of greed and gullibility, and many con artists target the elderly, but even alert and educated people may be taken in by other forms of a confidence trick.[6]
Accomplices, also known as shills, help manipulate the mark into accepting the perpetrator's plan. In a traditional confidence trick, the mark is led to believe that he will be able to win money or some other prize by doing some task. The accomplices may pretend to be strangers who have benefited from performing the task in the past.
See also
Boiler room (business)
Charlatan
Confidence trick (books and literature)
Confidence trick (television and movies)
Counterfeit
Hijacked journals
List of con artists
List of confidence tricks
List of criminal enterprises, gangs and syndicates
Quackery
Racketeering
Ripoff
Scam baiting
Scams in intellectual property
Social engineering (security)
White-collar crime
References
Karen Halttunen, Confidence Men and Painted Women, p 6 ISBN 0-300-02835-0
David Maurer, The Big Con, Chapter Eight: Short-Con Games
Yagoda, Ben (June 5, 2012). "'The long game'". Not One-off Britishisms. This language blog, while not a reliable etymological source, provides statistically gathered usage data that demonstrates neutral and well as critical usage, and that it is of British origin, only recently making notable inroads into American English.
Amy Reading, The Mark Inside: A Perfect Swindle, a Cunning Revenge, and a Small History of the Big Con, Chapter One: Confidence ISBN 978-0-307-47359-2
Edward H. Smith, Confessions of a Confidence Man: A Handbook for Suckers, p. 35-37.
Crimes-of-persuasion.com Fraud Victim Advice / Assistance for Consumer Scams and Investment Frauds
Further reading
Bell, J. Bowyer; Whaley, Barton (1982). Cheating and Deception (reprint 1991). New Brunswick (USA), London (UK): Transaction Publishers. ISBN 0-88738-868-X.
Blundell, Nigel (1984) [1982]. The World's Greatest Crooks and Conmen and other mischievous malefactors. London: Octopus Books. ISBN 0-7064-2144-2.
Dillon, Eamon (2008) [2008]. The Fraudsters: Sharks and Charlatans - How Con Artists Make Their Money. Merlin Publishing. ISBN 978-1-903582-82-4.
Ford, Charles V. (1999) [1999]. Lies! Lies!! Lies!!!: The Psychology of Deceit. American Psychiatric Publishing, Inc. ISBN 978-0-88048-997-3.
Henderson, Les (2000). Crimes of Persuasion: Schemes, scams, frauds. Coyote Ridge Publishing. ISBN 0-9687133-0-0.
Kaminski, Marek M. (2004). Games Prisoners Play. Princeton: Princeton University Press. ISBN 0-691-11721-7.
Maurer, David W. (1999) [1940]. The Big Con: The Story of the Confidence Man and the Confidence Game (reprinted). New York: Bobbs Merrill / Anchor Books. ISBN 0-385-49538-2.
Maurer, David W. (1974). The American Confidence Man. Springfield: Charles C. Thomas, Publisher. ISBN 0-398-02974-1.
Reading, Amy (2012). The Mark Inside: A Perfect Swindle, a Cunning Revenge, and a Small History of the Big Con. New York: Knopf. ISBN 978-0-307-47359-2.
Smith, Jeff (2009). Soapy Smith: The Life and Death of a Scoundrel. Juneau: Klondike Research. ISBN 0-9819743-0-9.
Sutherland, Edwin Hardin (1937). The Professional Thief (reprint 1989). Chicago: University of Chicago Press. ISBN 978-0-226-78051-1.
Weil, J.R. "Yellow Kid" (1948) [2004]. Con Man: A Master Swindler's Own Story. New York: Broadway Books. ISBN 0-7679-1737-5.
External links
Wikivoyage has a travel guide for Common scams.
https://en.wikivoyage.org/wiki/Common_scams
"Arrest of the Confidence Man" New York Herald, 1849
Dateline NBC investigation 'To Catch a Con Man'
The Blonger Bros. Lou Blonger was the head of a large gang of confidence men running the Big Con in 1910s Denver
Prepaid funeral scam, FBI
UQ
Think he should register here on ET to offer his highly profitable method for free!
How to spot a con man?
He uses deliberate distraction, for example by starting a thread with the topic "How To Spot A Con Man?", thereby implying they are not one.
He uses deliberate distraction, for example by starting a thread with the topic "How To Spot A Con Man?", thereby implying they are not one.
Someone wearing "giant pinky rings and alligator shoes" is not a con man but an idiot. You think Bernie Madoff wore giant pinky rings and alligator shoes?
Seriously, you guys watch to many movies. How many of you have really spotted a con man? I mean someone who later was PROVEN to be a con man, i.e. caught? A bullshitter is not a con man.
I think they come in all shapes and sizes. Might be easier if the law branded convicted con men on the arm so Joe Average can tell. It would be their last con. Perhaps the law could just die the petty villains for X many months. 6 months of lurid green for conmen ?
The well meaning human rights groups ( puke ) would object. Haul those bastards in too for something to complain about.
The well meaning human rights groups ( puke ) would object. Haul those bastards in too for something to complain about.