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All In The Mind

Australian Broadcasting Corporation

  • Scam psychology – how scammers get in our heads (and wallets)

Scam psychology – how scammers get in our heads (and wallets)

Saturday 1st April 2023

Learn how scammers exploit psychological vulnerabilities and fears in this episode of 'All In The Mind' with Dr. Stacey Wood.
29 minutes
Informative
Thought-provoking
Raw
Engaging
Educational

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All In The Mind
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How Scammers Play Mind Games: Insights from a Forensic Neuropsychologist

A lot of us would like to think we could spot a scam a mile away. But none of us are immune to scammers' psychological tricks – not even psychologists.
Ever thought you could easily spot a scam? Think again. In this episode of 'All In The Mind', forensic neuropsychologist Dr. Stacey Wood dives deep into the psychological tricks scammers use to get into our heads—and our wallets. You might be surprised to learn that even experts aren't immune to these tactics. Dr. Wood reveals how scammers prey on our vulnerabilities, using fear and quick relationship-building to cloud our judgment. They even employ gaslighting to keep victims under their control.
What's really eye-opening is that no one is safe; scammers have evolved to target various demographics, and they've even started cloning voices to impersonate distressed loved ones. Overconfidence can be a scammer's best friend, as many victims believe they can spot a scam easily. Dr. Wood also points out that less educated individuals are more susceptible to certain scams, like sweepstakes. She's currently researching why we often miss the red flags when it comes to scams.
This episode is a must-listen if you want to understand the psychology behind these deceptions and learn how to protect yourself.