Monday, September 18, 2017

Your Sneakers

A con artist is a person who cheats or tricks others by persuading them to believe something that is not true.  Con artists are bad news.  Especially when they are into business that is worse than lame snake oil.  I can think of some cons off the top of my head.  Deception is certainly one of the reasons why the problem sticks out.  Deception with a twist makes it more of an art for the perpetrator.  Let's take a fraud involving race tracking for example.  The bet this resolves around is tear off instant win tickets.  Let us think of the fraud triangle at this juncture.  Pressure, Opportunity and Realization are the elements of the triangle.  So, the administrator of the gaming tips off friends which bin the winning tickets are in.  He does not grant this intuition to common customers.  The inside scoop gives his friends a better chance to hit than the common customer.    Back to the fraud triangle.  The pressure is that the behavior is appealing because it puts me ahead of the rest of the crowd socially making me popular, which grants me psychological amenities that the others are deprived of.  The opportunity here is to please a friend for social and other types of behavior in a reward structure.  Realization is the justification of the corrupt action as permissible.  In this example, “it’s just being cool with my friend”, while this person would never purport to being a part of a fraud for god sakes man.  Please take away from this that a con is a fraud and con artists are people that are criminals. Do not let strangers act in your best interests and keep an eye on family and friends to make sure they are safe.

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