I just want to take a minute to talk to you all about something very serious
you all about something very serious
you all about something very serious once every hour someone is involved in
once every hour someone is involved in
once every hour someone is involved in an internet scam that man is Mike Scott
an internet scam that man is Mike Scott
an internet scam that man is Mike Scott it’s a big scary world out there with a
it’s a big scary world out there with a
it’s a big scary world out there with a lot of unscrupulous folks who are out to
lot of unscrupulous folks who are out to
lot of unscrupulous folks who are out to make a quick buck at someone else’s
make a quick buck at someone else’s
make a quick buck at someone else’s expense
expense
expense welcome to watchmojo.com it we’re
welcome to watchmojo.com it we’re
welcome to watchmojo.com it we’re counting down our picks for the five
counting down our picks for the five
counting down our picks for the five most interesting tidbits of information
most interesting tidbits of information
most interesting tidbits of information about the art of the put on it’s not a
about the art of the put on it’s not a
about the art of the put on it’s not a pyramid scheme it is a it’s not even a
pyramid scheme it is a it’s not even a
pyramid scheme it is a it’s not even a scheme per se it’s for this list we’ll
scheme per se it’s for this list we’ll
scheme per se it’s for this list we’ll be looking into the shady world of the
be looking into the shady world of the
be looking into the shady world of the con ranging from old school pyramid
con ranging from old school pyramid
con ranging from old school pyramid schemes to cases of hidden identity as
schemes to cases of hidden identity as
schemes to cases of hidden identity as well as the darkest recesses of
well as the darkest recesses of
well as the darkest recesses of cybercrime
cybercrime
cybercrime number five Western Union is a popular
number five Western Union is a popular
number five Western Union is a popular choice for con artists Western Union is
choice for con artists Western Union is
choice for con artists Western Union is pretty much synonymous with sending
pretty much synonymous with sending
pretty much synonymous with sending money to anyone anywhere in the world
money to anyone anywhere in the world
money to anyone anywhere in the world but whether they’re perpetrating a
but whether they’re perpetrating a
but whether they’re perpetrating a lottery scam a fake emergency or a good
lottery scam a fake emergency or a good
lottery scam a fake emergency or a good old-fashioned long con with catfish
old-fashioned long con with catfish
old-fashioned long con with catfish twist scammers love wire transfers
twist scammers love wire transfers
twist scammers love wire transfers because they are fast and relatively
because they are fast and relatively
because they are fast and relatively untraceable who the hell are you Western
untraceable who the hell are you Western
untraceable who the hell are you Western Union not only will grifters use these
Union not only will grifters use these
Union not only will grifters use these services as a means to an end they’ll
services as a means to an end they’ll
services as a means to an end they’ll sometimes even dupe the Western Union
sometimes even dupe the Western Union
sometimes even dupe the Western Union offices themselves look just uh just
offices themselves look just uh just
offices themselves look just uh just wire it to Western Union and no Oklahoma
wire it to Western Union and no Oklahoma
wire it to Western Union and no Oklahoma City okay one particularly popular scam
City okay one particularly popular scam
City okay one particularly popular scam is for a con artist to call a place of
is for a con artist to call a place of
is for a con artist to call a place of business with a Western Union license
business with a Western Union license
business with a Western Union license and pretend to be from the businesses
and pretend to be from the businesses
and pretend to be from the businesses home office or helpdesk but why do all
home office or helpdesk but why do all
home office or helpdesk but why do all that trouble just for 500 bucks I don’t
that trouble just for 500 bucks I don’t
that trouble just for 500 bucks I don’t know why you would but you could the
know why you would but you could the
know why you would but you could the caller then convinces the employee of
caller then convinces the employee of
caller then convinces the employee of that business to process a fraudulent
that business to process a fraudulent
that business to process a fraudulent transaction to a waiting accomplice
transaction to a waiting accomplice
transaction to a waiting accomplice getting away with thousands of dollars
getting away with thousands of dollars
getting away with thousands of dollars in the process so now I get to call my
in the process so now I get to call my
in the process so now I get to call my pregnant wife and never drive all the
pregnant wife and never drive all the
pregnant wife and never drive all the way back to Western Union start this
way back to Western Union start this
way back to Western Union start this whole process all over again send it to
whole process all over again send it to
whole process all over again send it to the correct name and we’ll be good
the correct name and we’ll be good
the correct name and we’ll be good absolutely great number for several
absolutely great number for several
absolutely great number for several televangelists are convicted con artists
televangelists are convicted con artists
televangelists are convicted con artists you can’t say I don’t make this stuff up
you can’t say I don’t make this stuff up
you can’t say I don’t make this stuff up just five seconds off you said the words
just five seconds off you said the words
just five seconds off you said the words manda casa ba Santa now we can’t see all
manda casa ba Santa now we can’t see all
manda casa ba Santa now we can’t see all televangelists or charlatans but the
televangelists or charlatans but the
televangelists or charlatans but the movie leap of faith where Steve Martin
movie leap of faith where Steve Martin
movie leap of faith where Steve Martin plays a grifting miracle
plays a grifting miracle
plays a grifting miracle was inspired by the well-documented
was inspired by the well-documented
was inspired by the well-documented trickery that some televangelists
trickery that some televangelists
trickery that some televangelists employed look I run a show here it’s a
employed look I run a show here it’s a
employed look I run a show here it’s a lot of smoke and noise and it’s strictly
lot of smoke and noise and it’s strictly
lot of smoke and noise and it’s strictly for the suckers I’ve been pulling one
for the suckers I’ve been pulling one
for the suckers I’ve been pulling one kind of scammer another since I was your
kind of scammer another since I was your
kind of scammer another since I was your age several of them rose to prominence
age several of them rose to prominence
age several of them rose to prominence in the 1980s and foremost among them
in the 1980s and foremost among them
in the 1980s and foremost among them were the husband-and-wife team of Jim
were the husband-and-wife team of Jim
were the husband-and-wife team of Jim and Tammy Faye Bakker the couple were
and Tammy Faye Bakker the couple were
and Tammy Faye Bakker the couple were accused of using donations to their
accused of using donations to their
accused of using donations to their ministry to finance a lavish personal
ministry to finance a lavish personal
ministry to finance a lavish personal lifestyle I think that there was many in
lifestyle I think that there was many in
lifestyle I think that there was many in the media who wanted to get a minister
the media who wanted to get a minister
the media who wanted to get a minister well known minister I think it’s been
well known minister I think it’s been
well known minister I think it’s been like a circuit Jim Bakker was eventually
like a circuit Jim Bakker was eventually
like a circuit Jim Bakker was eventually imprisoned for fraud but not before rape
imprisoned for fraud but not before rape
imprisoned for fraud but not before rape allegations from church secretary
allegations from church secretary
allegations from church secretary Jessica Hahn ruined his reputation the
Jessica Hahn ruined his reputation the
Jessica Hahn ruined his reputation the Baker’s had given us complete access to
Baker’s had given us complete access to
Baker’s had given us complete access to their home and the only condition was
their home and the only condition was
their home and the only condition was that we not bring up the subject of
that we not bring up the subject of
that we not bring up the subject of Jessica Hahn other televangelists have
Jessica Hahn other televangelists have
Jessica Hahn other televangelists have suffered similar fates including
suffered similar fates including
suffered similar fates including texas-based preacher WV grant who was
texas-based preacher WV grant who was
texas-based preacher WV grant who was sentenced to 16 months in prison for tax
sentenced to 16 months in prison for tax
sentenced to 16 months in prison for tax evasion as Slate Magazine pointed out a
evasion as Slate Magazine pointed out a
evasion as Slate Magazine pointed out a little while ago grant and Baker both
little while ago grant and Baker both
little while ago grant and Baker both revived their television ministries
revived their television ministries
revived their television ministries after they were released from prison
after they were released from prison
after they were released from prison Fred this is pastor evangelist WV grant
Fred this is pastor evangelist WV grant
Fred this is pastor evangelist WV grant I passed your Eagles Nest Cathedral in
I passed your Eagles Nest Cathedral in
I passed your Eagles Nest Cathedral in Dallas Texas I’m there every Sunday
Dallas Texas I’m there every Sunday
Dallas Texas I’m there every Sunday morning the address is on the screen I
morning the address is on the screen I
morning the address is on the screen I hope you can come and be with us real
hope you can come and be with us real
hope you can come and be with us real soon number three Adam West unwittingly
soon number three Adam West unwittingly
soon number three Adam West unwittingly played a role in a prolific scam what
played a role in a prolific scam what
played a role in a prolific scam what does it mean though right commissioner
does it mean though right commissioner
does it mean though right commissioner there’s a problem
there’s a problem
there’s a problem oh no not TVs Batman and mayor of Quahog
oh no not TVs Batman and mayor of Quahog
oh no not TVs Batman and mayor of Quahog Rhode Island man could have fooled me
Rhode Island man could have fooled me
Rhode Island man could have fooled me are you afraid of the dark I thought we
are you afraid of the dark I thought we
are you afraid of the dark I thought we had an understanding that the dark was
had an understanding that the dark was
had an understanding that the dark was off-limits this press conference is over
off-limits this press conference is over
off-limits this press conference is over I totally would have invested in an easy
I totally would have invested in an easy
I totally would have invested in an easy link public internet kiosk that offers
link public internet kiosk that offers
link public internet kiosk that offers cashless ATMs and at telegrams the
cashless ATMs and at telegrams the
cashless ATMs and at telegrams the fascinating story behind the scam was
fascinating story behind the scam was
fascinating story behind the scam was brought to light in a 2012 post on the
brought to light in a 2012 post on the
brought to light in a 2012 post on the official AARP website by a former con
official AARP website by a former con
official AARP website by a former con artist and easy link associate who was
artist and easy link associate who was
artist and easy link associate who was imprisoned for conspiracy to commit mail
imprisoned for conspiracy to commit mail
imprisoned for conspiracy to commit mail fraud in 2006 he detailed how having a
fraud in 2006 he detailed how having a
fraud in 2006 he detailed how having a public persona was crucial to give the
public persona was crucial to give the
public persona was crucial to give the air of legitimacy and so they hired Adam
air of legitimacy and so they hired Adam
air of legitimacy and so they hired Adam West who presumably had no idea that the
West who presumably had no idea that the
West who presumably had no idea that the business was a scam that built thousands
business was a scam that built thousands
business was a scam that built thousands from hopeful investors every day
from hopeful investors every day
from hopeful investors every day contrives his plots like artichokes you
contrives his plots like artichokes you
contrives his plots like artichokes you have to strip off spiny leaves to reach
have to strip off spiny leaves to reach
have to strip off spiny leaves to reach the heart the scheme was so successful
the heart the scheme was so successful
the heart the scheme was so successful it reportedly brought in 17 million
it reportedly brought in 17 million
it reportedly brought in 17 million dollars from 700 different victims in an
dollars from 700 different victims in an
dollars from 700 different victims in an 8 month span number 2 Charles Ponzi
8 month span number 2 Charles Ponzi
8 month span number 2 Charles Ponzi almost invented the yellow pages
almost invented the yellow pages
almost invented the yellow pages the term Ponzi scheme is likely to ring
the term Ponzi scheme is likely to ring
the term Ponzi scheme is likely to ring a bell it’s the sort of scam where money
a bell it’s the sort of scam where money
a bell it’s the sort of scam where money from investors is used to pay off the
from investors is used to pay off the
from investors is used to pay off the debts owed to earlier investors which is
debts owed to earlier investors which is
debts owed to earlier investors which is also known as robbing Peter to pay Paul
also known as robbing Peter to pay Paul
also known as robbing Peter to pay Paul in 1918 Italian immigrant Charles Ponzi
in 1918 Italian immigrant Charles Ponzi
in 1918 Italian immigrant Charles Ponzi started a scam involving international
started a scam involving international
started a scam involving international reply coupons and their exchange rate
reply coupons and their exchange rate
reply coupons and their exchange rate across the world postal market
across the world postal market
across the world postal market eventually raking in over two hundred
eventually raking in over two hundred
eventually raking in over two hundred and fifty thousand dollars a day in
and fifty thousand dollars a day in
and fifty thousand dollars a day in returns the cash flow didn’t last
returns the cash flow didn’t last
returns the cash flow didn’t last forever of course and Ponzi scheme would
forever of course and Ponzi scheme would
forever of course and Ponzi scheme would eventually be discovered by both
eventually be discovered by both
eventually be discovered by both authorities and angry investors with the
authorities and angry investors with the
authorities and angry investors with the unscrupulous yet convincing Italian
unscrupulous yet convincing Italian
unscrupulous yet convincing Italian serving prison time in 1924 his efforts
serving prison time in 1924 his efforts
serving prison time in 1924 his efforts one of the strangest aspects of Ponzi
one of the strangest aspects of Ponzi
one of the strangest aspects of Ponzi story however is that only two years
story however is that only two years
story however is that only two years earlier a newly married and struggling
earlier a newly married and struggling
earlier a newly married and struggling Ponzi attempted to convince businesses
Ponzi attempted to convince businesses
Ponzi attempted to convince businesses to invest in an advertised listing to be
to invest in an advertised listing to be
to invest in an advertised listing to be sent to other businesses who were in
sent to other businesses who were in
sent to other businesses who were in search of service outside all you need
search of service outside all you need
search of service outside all you need is the yellow pages hell I wouldn’t even
is the yellow pages hell I wouldn’t even
is the yellow pages hell I wouldn’t even know where to begin basically what the
know where to begin basically what the
know where to begin basically what the yellow pages did for many decades with a
yellow pages did for many decades with a
yellow pages did for many decades with a lot of success this early version of the
lot of success this early version of the
lot of success this early version of the yellow pages didn’t catch on however and
yellow pages didn’t catch on however and
yellow pages didn’t catch on however and Ponzi’s legitimate business dreams were
Ponzi’s legitimate business dreams were
Ponzi’s legitimate business dreams were crushed
crushed
crushed number one Nigerian print scams date
number one Nigerian print scams date
number one Nigerian print scams date back to the 16th century can you loose a
back to the 16th century can you loose a
back to the 16th century can you loose a lot of money on that other investment
lot of money on that other investment
lot of money on that other investment one from the email you know what Toby
one from the email you know what Toby
one from the email you know what Toby when the son of the deposed King of
when the son of the deposed King of
when the son of the deposed King of Nigeria emails you directly asking for
Nigeria emails you directly asking for
Nigeria emails you directly asking for help you help their one of the earliest
help you help their one of the earliest
help you help their one of the earliest examples of cybercrime on the Internet
examples of cybercrime on the Internet
examples of cybercrime on the Internet they’re often referred to as 419 scams a
they’re often referred to as 419 scams a
they’re often referred to as 419 scams a reference to the criminal code for fraud
reference to the criminal code for fraud
reference to the criminal code for fraud in Nigeria which is where many of these
in Nigeria which is where many of these
in Nigeria which is where many of these con artists commonly and often falsely
con artists commonly and often falsely
con artists commonly and often falsely claim residents
claim residents
claim residents he’s supporting about 20 Nigerian
he’s supporting about 20 Nigerian
he’s supporting about 20 Nigerian princesses hey you know what forgive me
princesses hey you know what forgive me
princesses hey you know what forgive me for caring the actual history behind
for caring the actual history behind
for caring the actual history behind these 419 scams dates back to the 16th
these 419 scams dates back to the 16th
these 419 scams dates back to the 16th century however in what was known as the
century however in what was known as the
century however in what was known as the Spanish prisoner scam in these
Spanish prisoner scam in these
Spanish prisoner scam in these person-to-person scams the con artists
person-to-person scams the con artists
person-to-person scams the con artists usually poses as a distant wealthy
usually poses as a distant wealthy
usually poses as a distant wealthy relative of the victim and claims that
relative of the victim and claims that
relative of the victim and claims that he’s se being held prisoner and needs a
he’s se being held prisoner and needs a
he’s se being held prisoner and needs a sum of money to say bribe a guard at
sum of money to say bribe a guard at
sum of money to say bribe a guard at which point he will pay back the
which point he will pay back the
which point he will pay back the money tenfold there 20 folder 100 fold
money tenfold there 20 folder 100 fold
money tenfold there 20 folder 100 fold most of us probably think of these scams
most of us probably think of these scams
most of us probably think of these scams is being email based but this advance
is being email based but this advance
is being email based but this advance fee scam was going strong for hundreds
fee scam was going strong for hundreds
fee scam was going strong for hundreds of years before anyone ever dreamed of
of years before anyone ever dreamed of
of years before anyone ever dreamed of the electronic telegram I never carried
the electronic telegram I never carried
the electronic telegram I never carried half that stuff in my old belt so what
half that stuff in my old belt so what
half that stuff in my old belt so what did you learn about the art of the con
did you learn about the art of the con
did you learn about the art of the con courtesy it was familiar have you ever
courtesy it was familiar have you ever
courtesy it was familiar have you ever been fooled by a Nigerian prince for
been fooled by a Nigerian prince for
been fooled by a Nigerian prince for more 17 million dollar top tens and
more 17 million dollar top tens and
more 17 million dollar top tens and cashless ATM top fives be sure to
cashless ATM top fives be sure to
cashless ATM top fives be sure to subscribe to watchmojo.com
subscribe to watchmojo.com
subscribe to watchmojo.com this smells like a get-rich-quick scheme
this smells like a get-rich-quick scheme
this smells like a get-rich-quick scheme yes thank you you will get rich quick we
yes thank you you will get rich quick we
yes thank you you will get rich quick we all will
”
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