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3min chapter
Why We Trust Fraudsters!
Patrick Boyle On Finance
The Ten Commandments for Con Men
Lustig is alleged to have written a list of the ten commandments for con men. Big frauds work because they exploit our beliefs in institutions, our fate that people will do things the right way. Most deceptions could be caught quickly with basic due diligence but nobody actually wants to spend all of their time confirming the facts. There are simply too many facts.
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