Why people fall for scams despite awareness.

[Orpichukwu]

Every day scammers comes up with new strategies which are not yet known to people and so they fall for it without knowing that it is a new scamming strategy, scammers are always sensitive and smart to changes and development and some persons being&tgggg scammed by close relative which makes it difficult for one to figure out, they easily buy and build trust on their client.

I believe every form of scam which is being used today to scam people is no longer new; they have all been used in the past, and scammers are just modernising them. Those who are not observant enough fall victim to the scammers' tricks, and people who fall victim more are either the greedy or those who build trust with someone they just had a few conversations online with, which gives the scammers the opportunity to scam them.

[Kelvinid]

Because people do not learn from the experiences of others, until they start to get scammed on their own. And tell everyone that yeah, scams are real and everyone can be a target.

It's the nature of people not to easily believe on others, especially if they have not tasted it on their own. And sometimes, due to overconfidence and belief that, I am smarter than them, therefore it won't happen to me for real. But only to find out in the end, that you can also be their new victim.

Reality is, no one is excused from the bad guys around, no one can avoid getting scam even if you're completely aware of it.

[X-ray]

I believe every form of scam which is being used today to scam people is no longer new; they have all been used in the past, and scammers are just modernising them. Those who are not observant enough fall victim to the scammers' tricks, and people who fall victim more are either the greedy or those who build trust with someone they just had a few conversations online with, which gives the scammers the opportunity to scam them.

Scammers are filtering their customer instead of changing their strategy into the new ones.

They purposefully using dumb social engineering to get into the most gullible people's minds. They know there are gullible people and there are smart people so they don't bother reinventing new strategies.

If their old strategy which seen as dumb by smart people works on some people, it's enough for them because they can manipulate these gullible people.

And unfortunately we have no shortage of gullible greedy people that willing to give away their money to scammers for a small bait that average people won't fall into.

[B-BossMan]

Because people do not learn from the experiences of others, until they start to get scammed on their own. And tell everyone that yeah, scams are real and everyone can be a target.

It's the nature of people not to easily believe on others, especially if they have not tasted it on their own. And sometimes, due to overconfidence and belief that, I am smarter than them, therefore it won't happen to me for real. But only to find out in the end, that you can also be their new victim.

Reality is, no one is excused from the bad guys around, no one can avoid getting scam even if you're completely aware of it.

I will agree with some of your points highlighted here, literally, some are not happening just because of ignorance actually, but due to thier behaviors,emotion and also overconfidence causes all these. Yes some people actually know that what they want to do is risky and many people have fall victims and they keep on doing it, which make some of them a dull till today either newbies or some claimed overconfidence members.

Honestly speaking, some people clearly ignore good advices, while some people repeat the mistakes they made before without learning anything from their past experiences. In some cases, some people actually assume they are over smart to be scammed or convinced,and that make them even more worse, and also a common negligence by not verifying any information properly or rushing themselves to take decisions can easily lead one to be scammed. However anyone can be victim if really we acts carelessly or when we are out of mind due to some pressures. That's why it's better to be thinking critically and calm patiencely. Lastly, let's stay at alert and continuesly active on upgrading ourselves ahead of the scammers, because if you're not informed you will be deformed.

[Rustam Meraj]

Yes greed too much confidence, and not being able to wait are the main tricks scammers bypass our thinking, especially when they are using fake famous account or promise to sure profits to create a fake feeling of trust. Worst part that I think is most dangerous is believing that you are too smart to be tricked so biggest change that you can make is to start having way of thinking of Zero Trust where you want to double check everything. And yes scammers have gotten better and in order to be safe now, one should manage their feelings at least as much as they manage their passwords.

[FortuneFollower]

Because people do not learn from the experiences of others, until they start to get scammed on their own. And tell everyone that yeah, scams are real and everyone can be a target.

It's the nature of people not to easily believe on others, especially if they have not tasted it on their own. And sometimes, due to overconfidence and belief that, I am smarter than them, therefore it won't happen to me for real. But only to find out in the end, that you can also be their new victim.

Reality is, no one is excused from the bad guys around, no one can avoid getting scam even if you're completely aware of it.

Never underestimate something is the rule that anybody in the space should acquire. Then it would be easier for them to see through such attempts or potential scams.

[CryptoYar]

[...]

Scammers will use such silly tricks as typos and unbelievable tales to sift their victims and making sure that they only waste time on most simple individuals and scare anyone who happens to be smart enough to spot them. Their scams remain simple and clearly broken, thus saving them time and effort they would otherwise spend in persuading doubting individuals that may quit later, and other go after those tricked by greed or other promise of get rich quick plan. These are criminals who take advantage of mindset of people excited by small baits such as service fees to trap their victims into believing that they need to continue paying to get a larger reward. I think reason such low effort scams are successful is due to there still being huge gap in financial knowledge, and they will keep being quite money making before more people know how to see these simple tricks.

[Silikiem]

Scamming comes in different forms, and the moment you start trusting someone too much there’s a chance you might get scammed in the process. Too much trust is one thing that leads to people being scammed and even if you’re aware of scamming this scammers comes in a way that they will try to win your heart over so that you won’t doubt yourself nor themselves. Sometimes is not all about greed but the feeling of not wanting to lose a relationship you have with some people they tend to play with your emotions and eventually gets scammed in the process.

[bakasabo]

I can name only two reasons why people still fall for scams despite being warned numerous times, lots of information available about how they scammers work and etc: 1) scammers are creative people 2) with time victims becomes too much confident in everything. People tend to think that they already know every scam method and think it will never happen to them. Scammers also dont sit without work and invent new ways to scam or adopt/improve old methods.

With the improvement in artificial intelligence technology, scammers can come up with advanced patterns to scam people. We are experiencing a high level of impersonation and cloning in this period. These scammers are becoming smarter these days. Ignorance is another reason why people fall victim to scams. We have to keep upgrading our knowledge in technological advancement. We cannot overlook greed as another factor why people fall victim to scams.

These are very correct words you have said. How an average user act when he gets his first pc or device - he starts gaining different knowledge, such as security for example. That user reads some articles about security importance. Installs antivirus and is it. What he has learned in the past, he is using everyday as automated actions. While user is living his life thinking he is secured from everything, scammers develop new strategies to scam. To sum up briefly, user stop developing and using old version 1.0 protection against modern scam.

[Queen uloma]

Scamming comes in different forms, and the moment you start trusting someone too much there’s a chance you might get scammed in the process. Too much trust is one thing that leads to people being scammed and even if you’re aware of scamming this scammers comes in a way that they will try to win your heart over so that you won’t doubt yourself nor themselves. Sometimes is not all about greed but the feeling of not wanting to lose a relationship you have with some people they tend to play with your emotions and eventually gets scammed in the process.

Scammers are always friendly, they always pretend to care about you, check up on you, even build close friendship or relationship just to make sure they gain your trust. Before you know it, they have gained your trust  to the level where you can no longer suspend them. Most times before you accept anyone to be close to you, you need to verify to know where they are from, and other  necessary things to know about them.
No matter how nice they act. If by any chance you lost your money or any valuable thing got missing, shine your eye very well and confront the them.  We should learn to set boundaries in our lives. Not everybody that shows up in our life deserves full access to our trust or our money. Even if you don’t want to lose your relationship, it’s better you’re careful than to regret later.

[Bigjoe33]

Scamming is an industry. There will always be gullible individuals willing to part with their hard-earned cash.

Hahaha! As funny as it sounds, it's just the truth. There will always be victims to scam stories and everytime, we will always hear scam activities. We believe that there are poeple who have vowed in there lives never to work hard to earn, but to scam and deceive people to get there hard earned money from them.

With this knowledge, individuals should be pretty careful with anything relating to money release to another person. He sure it's genuine. Don't be in a rush to partake. Take your time, think, analyse, ask questions, hear from others outside that circle, give it time. If they are the ones pestering you to come get it, then it's scam. Time weill always tell. Give it time, and you will see for yourself

[terrific]

~snip~

I do agree that greed plays a major role in why people get scammed, but some do lack proper knowledge of applications of risk management skills and we know also that these scams can occur via different ways because scammers also evolve in their theatrics and come in various manners just to get exactly what they want.

I think it all comes together that if someone lacks of knowledge, then they cannot control their greed as well.
Which results to becoming a target and falling for these scams as victims. And you are right, these scams are also changing for how these cons are so good in understanding their victims.
They also study their potential victims and the crowd that they will try to attack. So even if we have a lot of information written on the internet and these potential victims are not doing their research, still many of them will fall.

[ndutndut]

~snip~

I do agree that greed plays a major role in why people get scammed, but some do lack proper knowledge of applications of risk management skills and we know also that these scams can occur via different ways because scammers also evolve in their theatrics and come in various manners just to get exactly what they want.

I think it all comes together that if someone lacks of knowledge, then they cannot control their greed as well.
Which results to becoming a target and falling for these scams as victims. And you are right, these scams are also changing for how these cons are so good in understanding their victims.
They also study their potential victims and the crowd that they will try to attack. So even if we have a lot of information written on the internet and these potential victims are not doing their research, still many of them will fall.

Yes, knowledge plays a crucial role in avoiding fraud. While greed is often the primary trigger that leads people to fall for fraud, especially with tempting offers and low risks it's certainly tempting. However, when they lack knowledge and skills especially in risk management they fall more easily and quickly into the scammer's trap.

Many victims of fraud are not actually stupid, but rather unaccustomed to applying basic principles and unaware of the characteristics of fraud. Because fraud is increasingly sophisticated they will do anything to find victims, but lack of proper knowledge can be problematic. One thing is certain when it comes to protecting yourself against fraud even though fraudsters employ or seek out victims in this increasingly sophisticated era. Continue learning to broaden your knowledge, avoid greed, verify first and understand what you're getting into whether it's crypto or anything else.

[atookz]

I do not agree with your statement that people are being deceived because of lack of wisdom. It is not realistic, and even intelligent, experienced and professional individuals can be misled. Fraud is not only lack of knowledge, but psychological conditioning, time and pressure. Many will go there even though they are aware that it is suspicious because they think, "In case this is true, I will make a lot of money". Therefore, as you mentioned, greed is also a reason why people are misled although they know it, and it is the most realistic and the strongest.

[Marykeller]

None of us will say that they know all the scam tricks in the world because day by day, new scam tricks unfold. We should just pray we shouldn't fall victim to them because the people who thought they were intelligent and too careful about every single details of the things they do, fall victim to a scam unknowingly.

So, the thing is that when we learn about new scam tricks, or experience scams, we should speak out about them for people to learn from them, so that they won't fall victim to that same scam.

[Patikno]

Fraudsters always have dirty tricks up their sleeves to deceive their potential victims. Most of their tricks involve luring their potential victims into a trap they have prepared. They might try to access their Bitcoin (or crypto) wallets, through seduction or promises of wealth, phishing, or threats, and so on.

I always believed, that a strong sense of "skepticism" and then verifying the veracity of any information obtained through "verification" is the solution. Therefore, I believe that people who are skeptical and not easily trusting are those who won't be easily fooled.

By the way, "panic" in potential victims is usually a weapon used by fraudsters, meaning they will make them feel stressed, or make it difficult to think clearly. That is why many scammers often create panic in their victims, and and besides that, they also often offer promises (to provoke the greedy desires of potential victims). I advise you to be careful with all the information you receive. Don't easily believe even the smallest piece of information, so get in the habit of verifying its truthfulness. Some of these things are much more important than just an "awareness".

Furthermore, I also recommend that everyone pay close attention to information about fraud, whether it is from our beloved forum, or from other sites (I often see it on Youtube). By this way, you can learn important lessons from the various tricks (from fraudsters) you might see in person, and you will become more aware of the signs of fraud.

[Abu-Naim]

Conclusion.

To avoid scams even after awareness, no body is still above mistakes. To avoid scams one need to know that scammers has upgraded, so u also need to upgrade as well, because, scammers now has so many devices for impersonating, and hacking devices. Try not to be under pressure and be wise.

Scammers are wise, they are very bright and well prepared; the same awareness you are given people to avoid getting scam can be exactly what the scammer has adopt to kick against it and get his/her victims because relying only on the awareness will not be enough, one need to be extra careful and learn more on how to protect their crypto funds in their wallets and so on. Once you can be able to protect your wallets, exchanges and so on using maybe 2FA in your exchanges or know measures to keep your seed phrase safe, and you avoid greed, you can avoid getting scammed. If you are greedy, and like clicking on several links, you can also get scammed because scammers if they noticed that people are wise, they will using phishing links to scam people. So know the link you are clicking on unverified links, you can easily get scammed.

[Sexylizzy2813]

I do not agree with your statement that people are being deceived because of lack of wisdom. It is not realistic, and even intelligent, experienced and professional individuals can be misled. Fraud is not only lack of knowledge, but psychological conditioning, time and pressure. Many will go there even though they are aware that it is suspicious because they think, "In case this is true, I will make a lot of money". Therefore, as you mentioned, greed is also a reason why people are misled although they know it, and it is the most realistic and the strongest.

I agree with you, it happens especially when pressure locks in and the surprising part is how they get to know that one is under pressure and needs all they are saying. Honestly it doesn't have anything to do with being wise but we forget that these guys are also wise too that is why they choose that part of life to steal from those who are desperate and they know by the response you give them.
Some years back I say a link one of those Reels videos that popped up, then I click on the link on the bio (on Facebook), this has to do with giveaway and it directed me to WhatsApp, the guy said he'd give me a test and if I pass he'd send me #200k ($150) and the test was me sending money to a woman that needed help who gave birth to triplets, he sent me the picture of the lady and her babies (this happened back then in 2022), he sent account details that has the name of a lady, I needed the money but how can I send money that I don't have to someone before he sent me the giveaway money?
Before all that we did a video call that he is the only one talking, I was talking but later I realized it was a recorded video using a face of one popular celebrity in my country, that was when I realized that the whole was planned that it wasn't the main guy, I decided to stop  everything concerning that link...
So many people have been complaining about the same thing that they have been scammed using that guy's face and my question is, people are seeing this same style but why haven't they noticed it that they're speaking with scammers?  Is really hard from what I have experienced, we should be very careful and never let desperation be a reason for these guys to win our hard earned money.

[Rikafip]

Scammers are wise, they are very bright and well prepared

Thats not always true. Some scammers are organized, but many are not that smart at all. A lot of scams are simple and easy to spot. They don't work because the scammer is brilliant, but because they target people who are tired, distracted, or not paying attention. Also, many scammers make obvious mistakes and rely on luck more than skill.

So its imho less about them being "wise" and more about them taking advantage of the right moment or the right person.

[Taskford]

Scammers are wise, they are very bright and well prepared

Thats not always true. Some scammers are organized, but many are not that smart at all. A lot of scams are simple and easy to spot. They don't work because the scammer is brilliant, but because they target people who are tired, distracted, or not paying attention. Also, many scammers make obvious mistakes and rely on luck more than skill.

So its imho less about them being "wise" and more about them taking advantage of the right moment or the right person.

Actually there are scammers using classic scam method and even if there are people have knowledge about their scams still they fall for it because these people think if they are early investor the chance to gain profit with those programs is high. But unfortunately those scammers adjust on people's knowledge to since they also run early because these jerks also know that there are lots of investors will mot reinvest and runaway once they made a profit.

With all of those scamming situation happened, Its better for people to stay away with investing on ponzi schemes. Because there's no sustainability there and what they could able to get is profit lose due to fast scams happening on those programs.