fraud

32 items found

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“Influencers rely on having an audience, while artists create for the sake of their art, regardless of who’s watching.”

— Do Not Destroy

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Catch Me If You Can (2002) – Trailer

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About 1 in 13 American adults have participated in MLM, or multilevel marketing, contributing to an estimated $40 billion industry.

MLMs feed into the idea that “if you work hard, try hard, you’ll get rewarded,” says Jane Marie, the host of a podcast series called The Dream and the author of a new book, Selling the Dream, both of which investigate the intersection of MLMs and pyramid schemes and the broader “wellness” industry. “There’s an ‘us versus them’ mentality and it feeds on the idea that there’s a shortcut and a cheat code to financial prosperity, to achieving the American Dream.”

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When people ask Sara Wilson about her former position at Facebook (now Meta), which began in 2013, she includes a caveat: “I worked with influencers, but now ‘influencer’ is a dirty word, so we call them ‘creators.’

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“When you tell somebody something they will sometimes believe you, but if you lead them to conclude something on their own they will ALWAYS believe you.”

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“Pretty much everywhere you look, you’ll find bullshit. We are constantly bombarded with politicians and “experts” on TV, at conferences and on social media, spouting bullshit. An economist would tell you that it is simply impossible for so much bullshit to exist, because the market values truth, but of course that’s bullshit.”

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scam

noun [ C ]

UK /skæm/ US /skæm/

a dishonest plan for making money or getting an advantage, especially one that involves tricking people:

  • Banks often carry information about email scams on their websites.
  • To avoid scams, never sign things in a hurry.
  • an insurance scam

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scammer

noun [ C ]

    informal

UK   /ˈskæm.ər/ US   /ˈskæm.ɚ/

someone who makes money using illegal methods, especially by tricking people:

  • Phishing is used by scammers to get bank account numbers, credit card details, etc.

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A scam, or confidence trick, is an attempt to defraud a person or group[clarification needed] after first gaining their trust. Confidence tricks exploit victims using a combination of the victim’s credulity, naïveté, compassion, vanity, confidence, irresponsibility, and greed. Researchers have defined confidence tricks as “a distinctive species of fraudulent conduct … intending to further voluntary exchanges that are not mutually beneficial”, as they “benefit con operators (‘con men’) at the expense of their victims (the ’marks’)”.