6min chapter

The Intelligence from The Economist cover image

It could happen to you: introducing “Scam Inc”

The Intelligence from The Economist

CHAPTER

Scams, Banks, and Vulnerabilities

This chapter investigates the collapse of a rural Kansas bank due to fraudulent activities, highlighting the financial losses incurred and the psychology behind why individuals fall victim to scams. It unveils the interconnectedness of global scam networks, their manipulative tactics, and the emotional toll on both victims and perpetrators.

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