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Why so many people fall for scams

Posted 05 August 2018

Why are there so many suckers? A neuropsychologist explains

The Conversation

Stacey Wood – Professor of Psychology, Scripps College

If you have a mailbox, you probably get junk mail. If you have an email account, you probably get spam. If you have a phone, you probably get robocalls.

Unwanted messages and solicitations bombard us on a regular basis. Most of us hit ignore or delete or toss junk mail in the trash knowing that these messages and solicitations are most likely so-called mass-market scams. Others aren’t so lucky.

Scams cost individuals, organizations and governments trillions of dollars each year in estimated losses, and many victims endure depression and ill health. There is no other crime, in fact, that affects so many people from almost all ages, backgrounds and geographical locations.

But why do people fall prey to these scams? My colleagues and I set out Read the rest