These papers can range from agreeing to financial fraud or signing up for memberships. Even with all the advanced knowledge and technology we have today, old-fashioned cons still work. The con artist will then claim various exaggerated injuries in an attempt to collect from the victim's insurance carrier despite having intentionally caused the accident. Fake reward Edit The fake reward scam involves getting the mark to believe he has won some prizes after being randomly chosen. As collateral, the con man leaves his only worldly possession, the violin that provides his livelihood. One grifter goes into a store and pretends he has lost his glass eye.
The con actively cultivates a romantic relationship which often involves promises of marriage. They will often place an ad for the speakers in the "For sale" Classifieds of the local newspaper, at the exorbitant price, and then show the mark a copy of this ad to "verify" their worth. After rejoining the game, the second operator, angry at "losing," threatens to call the police. The mark loses whenever the dealer chooses to make him lose. Get-rich-quick schemes are extremely varied; these include fake franchises , real estate "sure things", get-rich-quick books, wealth-building seminars, self-help gurus, sure-fire inventions, useless products, chain letters , fortune tellers , quack doctors, miracle pharmaceuticals , foreign exchange fraud , Nigerian money scams , and charms and talismans. As collateral, the con man leaves his only worldly possession, the violin that provides his livelihood. Eventually, the con will seek counsel from an authority figure, who will advise allowing time for someone to claim the cash. Fake reward Edit The fake reward scam involves getting the mark to believe he has won some prizes after being randomly chosen. To prevent becoming a victim of this scam, refuse to cooperate with any bank examiners that come calling. An examination would reveal the old injury, and the insurance company paid out. It can send requests for upfront payments in relation to inheritances coming from unknown relatives, a form of advance fee fraud. The scam may extend to the creation of Web sites for the bogus brand, which usually sounds similar to that of a respected loudspeaker company. The mark cannot go to the authorities without revealing that he has committed tax fraud. This is repeated until a small population have apparently received a series of supernaturally perfect picks, then the final pick is offered for sale. The artist will approach his mark outside a casino with a stack or bag of high-value casino chips and say that he just won big, but the casino accused him of cheating and threw him out without letting him redeem the chips. Once the story is spun, the con offers to sell the ticket at a discount. This con appears in the Eric Garcia novel Matchstick Men [ citation needed ] and is featured in the movie Edmond. Kacey is a freelance writer who appreciates the classics. The basic premise involves enlisting the mark to aid in retrieving some stolen money from its hiding place. The mark is driven around the city in a tuk-tuk operated by one of the con men, who ensures that the mark meets one helper after another, until the mark is persuaded to buy the jewelry from a store also operated by the swindlers. Insurance fraud[ edit ] Insurance fraud includes a wide variety of schemes in which insureds attempt to defraud their own insurance carriers, but when the victim is a private individual, the con artist tricks the mark into damaging, for example, the con artist's car, or injuring the con artist, in a manner that the con artist can later exaggerate. A common ploy of investment scammers is to encourage a mark to use money concealed from tax authorities. They may even produce a receipt to prove its value. One operator begins the game with the victim, then the second joins in. The ticket wasn't altered, but the daily newspaper reporting the day's winning numbers was altered with a black pen. This loophole makes the con possible and profitable, leaving the account owner liable for checks they deposit. When someone puts a lot of money the cards are switched.
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Convicted Con Artist Reveals How He Scammed Others
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