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Speaking of psychology is taking a winter break. So we're rerunning some of our favorite episodes

from the past. In 2023, I talked to psychologists Daniel Simons and Christopher Shabree about why people

fall for Ponzi schemes, fishing scams, and other cons, and what you can do to protect yourself.

We hope you will enjoy this episode from the archives.

Speaking of psychology, we'll be back with

new episodes in January. Thank you for listening. From headline grabbing Ponzi schemes to email

fishing identity thieves to fake news stories circulating on social media, it can sometimes

seem like the world is full of people who want to deceive us.

What many of these scammers and con artists have in common is that they take advantage of the

patterns of thinking and the mental shortcuts that we all use in our daily lives.

Most of the time, these mental habits serve us well. After all, most people aren't trying to

trick us and it would be difficult to go through life skeptical of everything and everyone.

But the same habits of trust and belief that work well most of the time can leave us vulnerable

when we encounter a con artist, a false news story, or some other type of deceit.

So what are the cognitive habits that put us at risk of believing lies and falling prey to scams?

Are some people simply more gullible than others or can anyone be conned?

When you're offered something that sounds like an amazing opportunity, what questions should you ask to figure out if it's too good to be true?

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