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Outsmarting the Scam Artists
How to Protect Yourself From the Most Clever Cons
D. Shadel (Author)
9781118173640, Wiley
Paperback / softback, published 30 March 2012
208 pages
23 x 15.4 x 1.5 cm, 0.268 kg
A practical guide to avoiding the most common scams, from a fraud-fighting expert U.S. consumers lose billions of dollars each year to scam artists—and the next victim could be you. While anyone can be targeted, many victims are older. In AARP's Outsmarting the Scam Artists, renowned fraud-fighter Doug Shadel offers practical advice for consumers who want to protect their money as well as the financial assets of their parents and families. Despite the rise of scams, many people are embarrassed to admit they've been victimized. The author helps break the cycle of shame by including accounts from the people who've been scammed as well as tips from a surprising source: convicted con artists who reveal how they've defrauded people like you. Scammers are everywhere. But with Outsmarting the Scam Artists in hand, you can protect yourself and your money.
Acknowledgments ix Preface xi Part I The Scam Artists’ Playbook Chapter 1 Inside the Con Artist’s Mind 3 Chapter 2 Ether: The Con Artist’s Central Strategy 19 Chapter 3 The Stages of Fraud 29 Part II Con Artists in Action Chapter 4 Exploiting Ego: The Oil-and-Gas Scam 49 Chapter 5 Exploiting Faith: The Religious Ponzi Scam 63 Chapter 6 Exploiting Fear: The Gold Coin Scam 77 Chapter 7 Exploiting Boredom: The Movie Scam 85 Chapter 8 Exploiting the American Dream: The Business Opportunity Scam 93 Chapter 9 Exploiting Hope: The Lottery Scam 107 Chapter 10 Exploiting Credit: An Interview with an Identity Thief 117 Part III How to Fight Fraud Chapter 11 Who Are the Victims? 129 Chapter 12 Become a Fraud Fighter 145 Chapter 13 Fraud Prevention That Works 159 Appendix A The Fraud-Vulnerability Quiz 173 Appendix B Fraud-Prevention Resource List 177 Notes 181 About the Author 185 Index 187
Subject Areas: Finance & accounting [KF]
