We hear about scams all the time, from Ponzi-schemes to small-time fraud.
While most people feel are confident about how to avoid a con, it may be surprising how susceptible we all are to them.
So what makes a successful con and how do we avoid falling for their ploys? The answer may not have to do with the intelligence of a victim, it has to do with confidence.
Maria Konnikova digs into solutions on how to outwit con-artists in her new book, “The Confidence Game: Why We Fall for It. . . Every Time.” She speaks with Larry Mantle today on who is the most vulnerable when it comes to falling for scams and how to protect ourselves against manipulation.
Maria Konnikova, contributor for the New Yorker and author of “The Confidence Game: Why We Fall for It. . . Every Time” (Penguin Random House, 2016)