October 20, 2021

Study Takes A Look At The Mentality Of Scam Victims – CBS Miami

MIAMI (CBSMiami) – Scam victims come from all walks of life, education levels and backgrounds. So why do some people fall for a scam while others do not?

“We have a miscalculation on your tax file, you owe us some money,” said Jackie, explaining what a caller claiming to be an IRS agent told her.

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It was actually a con artist who demanded $5,000.

“If you don’t pay this, we’re going to file a lawsuit against you for $75,000,” Jackie recalled the scammer saying.

Jackie ended up paying the money.

A new study from the Better Business Bureau and the Financial Industry Regulatory Authority, or FINRA is shedding light on why she did.

“Certain people are more vulnerable to certain types of scams,” said Gary Mottola, the FINRA Investor Education Foundation’s research director.

Mottola and other researchers interviewed people contacted by con artists….

Read full article here: miami.cbslocal.com