Certainly victims of high-yield investment frauds may possess a level of greed which exceeds their caution as well as a willingness to believe what they want to believe.
Virtually anyone can fall prey to fraudulent crimes. Just as there is no typical profile for swindlers, neither is there one for their victims.
The common factor is that the victim ( mark ) relies on the good faith of the con artist. Vulnerability to confidence tricks Confidence tricks exploit typical human qualities such as greed, dishonesty, vanity, honesty, compassion, credulity, irresponsibility and naïveté. He was captured when a victim recognized him on the street. 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. It was used by American press during the United States trial of William Thompson. History The first known usage of the term "confidence man" in English was in 1849.
Confidence men or women have victimized individuals from all walks of life.Ĭups and balls is a kind of gambling which is usually administered as a confidence trick. Confidence men or women exploit characteristics of the human psyche such as greed, both dishonesty and honesty, vanity, compassion, credulity, irresponsibility, naïveté, and the thought of trying to get something of value for nothing or for something far less valuable. The victim is known as the mark , the trickster is called a confidence man, con man, confidence trickster , grifter , or con artist , and any accomplices are known as plants. References Article Sources and ContributorsĬonfidence trick A confidence trick or confidence game (also known as a bunko, con, flim flam, gaffle, grift, hustle, scam, scheme, swindle or bamboozle) is an attempt to defraud a person or group by gaining their confidence.
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