The Intelligence from The Economist It could happen to you: introducing “Scam Inc”
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Feb 7, 2025 
Su Lin Wong, The Economist correspondent and creator of "Scam Inc," dives deep into the world of transnational organized crime, revealing it to be as vast as the illegal drug trade. She discusses the shocking collapse of a rural Kansas bank due to scams and explores why people fall prey to such schemes. The conversation also touches on the dangers of AI voice cloning and how it threatens personal security. Wong emphasizes the urgent need for global awareness of these sophisticated scams and their emotional impacts.
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Kansas Bank Collapse
- Su Lin Wong investigated a Kansas bank's collapse linked to crypto investments.
- The CEO was scammed through a sophisticated, predatory scheme.
Scam Industry Size
- Scam Inc. podcast explores a multi-billion dollar industry rivalling the drug trade.
- It exposes various scams and the psychology behind them.
Psychology of Scams
- Scammers exploit human vulnerabilities and frailties for profit.
- Su Lin Wong initially believed she was immune to scams, but now recognizes her own vulnerability.