Showing posts with label definition. Show all posts
Showing posts with label definition. Show all posts

Thursday, June 20, 2024

Definition of SCAM

 scam, or a confidence trick, is an attempt to defraud a person or group after first gaining their trust. Confidence tricks exploit victims using a combination of the victim's credulitynaïvetécompassionvanityconfidenceirresponsibility, and greed. Researchers have defined confidence tricks as "a distinctive species of fraudulent conduct ... intending to further voluntary exchanges that are not mutually beneficial", as they "benefit con operators ('con men') at the expense of their victims (the 'marks')".[1]

From Wiki