Cautionary Tales with Tim Harford

The Scientist and the Swindler

12 snips
Mar 3, 2023
Maria Konnikova, a journalist, psychologist, and best-selling author, joins to delve into the fascinating world of swindlers and deception. They analyze the gripping story of Professor Paul Frampton, who unwittingly becomes involved in a drug smuggling scheme due to an online romance. The conversation covers the psychological mechanics behind con artists, highlighting how trust and emotional vulnerability can cloud judgment. They also touch upon art fraud, showcasing the bizarre lengths people go to justify their beliefs and the perils of misplaced trust.
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ANECDOTE

The Paul Frampton Scam

  • Paul Frampton, a physicist, fell for an online romance scam involving a fake swimwear model, Denise Milani.
  • He was asked to carry a suitcase, which contained drugs, leading to his arrest.
INSIGHT

Exploiting the Need to Feel Special

  • Con artists exploit people's desire to feel special by mirroring their hopes and biases.
  • This manipulation makes the victim believe the con artist's version of reality.
ANECDOTE

The Suitcase and the Warning

  • In La Paz, Frampton receives a message from the fake Milani, asking him to pick up a nondescript suitcase.
  • Despite a friend's warning about potential drugs, Frampton dismisses it, believing Milani wouldn't do that.
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