Scammed: why the rich, famous and experts get duped more often than you think

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Don't like ads? Go ad-free with TradeBriefs Premium Scammed: why the rich, famous and experts get duped more often than you think    The typical reaction to learning about how people have lost money to a con artist is “how could anyone be so gullible?” But it’s the wrong question. Fraudsters fool even the most clever and admired experts by playing on their psychological vulnerabilities. News of multi-million and even multi-billion dollar deceptions keep rolling in. Sam Bankman-Fried, the founder of FTX (a Bahamas-based cryptocurrency exchange), attracted an A-list of investors and celebrities. Among his investors were some of the most respected names in finance. The list of celebrities who endorsed him — Tom Brady, Steph Curry, Naomi Osaka, Larry David, Kevin O’Leary — was just as impressive. Continued here

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