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By April 5, 2017 Read More →

Wall Street Journal explains that anyone can be conned

con manSophisticated readers of the Wall Street Journal beware: You can be conned, just like the rest of us.

The following article, by Susan Pinker, appeared in last weekend’s edition:

You can’t be fooled by a con? Don’t count on it, on WSJ.com.

The Journal doesn’t provide articles for free, so I’ll provide a summary of key points:

  • 35 million Americans fall for scams each year, according to the Federal Trade Commission.
  • One reason we fall for scams is because we are biologically programmed to trust and cooperate.
  • Research shows that we can detect a lie only about 50 percent of the time.
  • The unconscious mind may be better at detecting lies than rational focus.

So if you’ve been conned or deceived – and if you were involved with a sociopath, you probably were – it doesn’t mean you’re stupid. It means you’re human.

Oh yeah – and a con artist is unlikely to look like the guy in the picture.

 



1 Comment on "Wall Street Journal explains that anyone can be conned"

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  1. Sunnygal says:

    Interesting article in the WSJ. Thanks Donna.