WEBVTT - How Con Artists Work

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<v Speaker 1>Brought to you by the reinvented two thousand twelve camera.

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<v Speaker 1>It's ready. Are you welcome to Stuff you should know

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<v Speaker 1>from House Stuff Works dot Com. Hey, and welcome to

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<v Speaker 1>the podcast. I'm Josh Clark. There's Charles w Chuck Bryant

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<v Speaker 1>that makes this stuff. You shouldel guest producer Casey in

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<v Speaker 1>the house. Yes, it just sounded like you did, because

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<v Speaker 1>welcome Casey. That's pretty good. Thank you. Yeah, Chuck. Um.

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<v Speaker 1>Have you ever heard of again named Gregor McGregor. That's

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<v Speaker 1>not a name, it is a name, you know. I

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<v Speaker 1>once lived with a guy named John Johnson in college.

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<v Speaker 1>Choose a college roommate. Gregor McGregor had um an evil

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<v Speaker 1>sense of humor, or else just was driven by greed.

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<v Speaker 1>But at the beginning of the nineteenth century he fashioned

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<v Speaker 1>himself as the Prince of paw Wa Poia. Did he

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<v Speaker 1>make up that name? Completely? P o y o I

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<v Speaker 1>s completely non existent place? No. Not only was it

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<v Speaker 1>a non existent like places in a non existent country,

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<v Speaker 1>it was a non existent island supposedly off of Honduras

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<v Speaker 1>that he supposedly owned because he was supposedly the prince

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<v Speaker 1>of this place. This is at a time when you

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<v Speaker 1>could basically say, hey, you want to go colonize this

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<v Speaker 1>this um country called Poi wa Um that's rich with

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<v Speaker 1>oil and um, well probably not oil at the time,

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<v Speaker 1>but rubies and gold and timber and all this stuff.

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<v Speaker 1>And you guys will be the first settlers there. So

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<v Speaker 1>you're going to be in on the bottom of this

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<v Speaker 1>and you're going to make tons. And the guy basically

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<v Speaker 1>went around selling stock the right to go colonize this

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<v Speaker 1>this place that didn't exist to the English, and I

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<v Speaker 1>imagine to the English, two d and fifty settlers traveled there.

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<v Speaker 1>Two hundred died on the journey looking for this place

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<v Speaker 1>that didn't exist because they got the coordinates and there

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<v Speaker 1>was nothing there and they were all exact, not necessarily.

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<v Speaker 1>While these people were off, he moved Gregor McGregor moved

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<v Speaker 1>on to France and was doing it again. Finally, about

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<v Speaker 1>fifty of these people come came back, and they still

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<v Speaker 1>couldn't believe that this guy made this up. That some

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<v Speaker 1>of them testified on his behalf when he was finally

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<v Speaker 1>caught and tried as a con man, sounds like had

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<v Speaker 1>a lot of confidence. He got the confidence of the

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<v Speaker 1>two and fifty settlers and then some Actually during his trial,

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<v Speaker 1>this guy was so audacious that um he was still

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<v Speaker 1>selling stuff too. He was still selling stock and and

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<v Speaker 1>and um rights land rights to this place to like

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<v Speaker 1>local nobility, whoever he could get to buy it. Sounded

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<v Speaker 1>like a skilled con man. He is a con man.

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<v Speaker 1>And like you said, Cohn is short for confidence. Most

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<v Speaker 1>people knew that, but turns out that's not true. I

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<v Speaker 1>just told Lizzie that and she went really well, if

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<v Speaker 1>she probably wasn't paying attention, you never know, So, Chuck, Josh,

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<v Speaker 1>I think it's high time, after all these requests, that

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<v Speaker 1>we've gotten to do how common work that we do?

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<v Speaker 1>How common work? Yeah, this was on the Facebook page

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<v Speaker 1>of the day. I should have written down the name.

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<v Speaker 1>So apologies to whoever put this on our Facebook wall

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<v Speaker 1>mid April. Yes, this is for you. And we've done

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<v Speaker 1>at least one before, we've done Ponzi schemes. Yeah, and

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<v Speaker 1>that'll pop up here. Yeah, but this is like an overview.

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<v Speaker 1>There's a lot of different cons going on at any

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<v Speaker 1>given time all around you in the world that you

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<v Speaker 1>take as real and genuine. You're actually being conned an

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<v Speaker 1>average of eight to twelve times a day. Studies show

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<v Speaker 1>connart Is Josh are deceptive, their liars, their cheaters, They

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<v Speaker 1>trick people. They're probably pretty smart. They take advantage of

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<v Speaker 1>your weaknesses. If you're lonely, if you're not too smart

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<v Speaker 1>like cats, if you're elderly, and unfortunately a lot of

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<v Speaker 1>times they prey on the elderly. Yes, if you're in

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<v Speaker 1>poor health, or if you're just plain ignorant and dumb,

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<v Speaker 1>or and this is a very very um important point.

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<v Speaker 1>If you are greedy, well, yeah, greed, they can't. Well

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<v Speaker 1>what's the saying, you can't cheat an honest man. Yeah,

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<v Speaker 1>that's as true as true it gets, my friend, it

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<v Speaker 1>is um. There's there's such thing as something for nothing.

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<v Speaker 1>And if you are greedy, um, you are likely going

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<v Speaker 1>to fall prey to a confidence scheme because you're going

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<v Speaker 1>to go against your better judgment. And once you take

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<v Speaker 1>that step, you've just become ensnared in one of the

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<v Speaker 1>eight to twelve cons that are taken on you every day.

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<v Speaker 1>It reminds me of the movie Wall Street. You know,

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<v Speaker 1>Charlie Sheen got swept up in that greed and they

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<v Speaker 1>weren't cons. I thought was shy La boof but here,

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<v Speaker 1>but there was inside trading going on. But remember Sheen's father,

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<v Speaker 1>Martin Sheen played his father in the movie. Yeah, remembering Hotshots.

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<v Speaker 1>They passed one another in the river and go I

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<v Speaker 1>love you in Wall Street. That's true. I forgot about that.

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<v Speaker 1>But um, the father was honest. He was an honest man.

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<v Speaker 1>He couldn't be conn he couldn't be bought. He's like, no, no, no, son,

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<v Speaker 1>you can't get something for nothing. Yeah, you gotta use

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<v Speaker 1>elbow grease and you're strong back to make your money. Yes,

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<v Speaker 1>And what happened, Charlie Sheen went to jail. Martin Sheen

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<v Speaker 1>did not. And look at Charlie. Now, yeah, he's psychotic.

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<v Speaker 1>Let's talk about con man, So, chuck one of the

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<v Speaker 1>hallmarks of the confidence man or woman or woman. That's

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<v Speaker 1>a really good point because, um, that's they're just as

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<v Speaker 1>likely to be a con person as a man. Yeah.

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<v Speaker 1>A woman will more likely play on a man's lust, yes,

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<v Speaker 1>to get his money, whereas a man will do other things. Yeah,

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<v Speaker 1>because women aren't stupid enough to fall for that. Um.

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<v Speaker 1>And that's a good point. Although a gay con artist

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<v Speaker 1>could still pull it, pull it over because you're still

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<v Speaker 1>working the man. Chuck. One of the hallmarks of con

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<v Speaker 1>people is that they travel frequently, mainly because they don't

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<v Speaker 1>like to be chased by mobs with pitchforks and torches.

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<v Speaker 1>Although they frequently are right, so um, to kind of

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<v Speaker 1>explain or excuse this frequent travel, they may say that

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<v Speaker 1>they have a job that causes them to or they

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<v Speaker 1>may actually have a job that that gives them a

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<v Speaker 1>reason to travel, Like you could be a traveling salesman,

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<v Speaker 1>but really you're a connarst, but you really do have

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<v Speaker 1>a job as a traveling salesman, Like, um, have you

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<v Speaker 1>seen Paper Moon your favorite movie? Yeah? They were always

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<v Speaker 1>just sort of from town to town, right, yeah, Bible salesman.

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<v Speaker 1>That's right, traveling Bible salesman. Although the whole thing was

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<v Speaker 1>a con and she was the cutest darn little con

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<v Speaker 1>artists I've ever seen. She was awesome. Uh. You could

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<v Speaker 1>also be a carny, which I think partially explains why

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<v Speaker 1>a lot of people don't trust carnies. You think you

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<v Speaker 1>ever see the famous Simpsons episode with um, oh, what

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<v Speaker 1>was the guy's Jim Varney as the Carney He and

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<v Speaker 1>his son ultimately got got by Homer in Bark they did, casey,

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<v Speaker 1>can you verify that alright, he's a Simpsons guy, Josh.

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<v Speaker 1>If you want to throw some other cool nineteen twenties

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<v Speaker 1>style terms out there that get on the trolley, Yeah,

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<v Speaker 1>you can call him a flim flam man, sham, modest,

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<v Speaker 1>a shy sta, a bunk o man, a grift, swindler, hustler, bamboozla.

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<v Speaker 1>Grifter is my favorite. It's my favorite too. It's a

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<v Speaker 1>good one. It's it's let's call him grifters because it

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<v Speaker 1>sounds like you do not mess with this person. Grifter

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<v Speaker 1>is it sounds to me like a professional. Yes, you know.

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<v Speaker 1>And the awesome movie The Grifters from Stephen Freers is

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<v Speaker 1>what I think one of the top three con man

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<v Speaker 1>movies all time. Did you like that one? I made

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<v Speaker 1>it halfway through The Grifters it we'll talk about the

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<v Speaker 1>movie part in a minute. So there are um, you know,

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<v Speaker 1>we talked about Ponzi schemes before. That is one of

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<v Speaker 1>many types of cons. And there's actually under the umbrella

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<v Speaker 1>of con cons, there are sub umbrellas types of cons,

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<v Speaker 1>and then under those are actual different cons. That is

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<v Speaker 1>the granular level we're going to get to on this. Yeah,

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<v Speaker 1>and there's there's all kinds of cons. But it is

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<v Speaker 1>funny how many of them are just variations of the

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<v Speaker 1>same con. Yes, for example, street cons, let's talk about

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<v Speaker 1>some street cons. Street cons are generally characterized by um,

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<v Speaker 1>the the the the traits that they happen in public.

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<v Speaker 1>They happen quickly and usually for a fairly small take

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<v Speaker 1>a couple hundred bucks or less. Dude, if you can

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<v Speaker 1>make a couple hundred bucks in a street con and

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<v Speaker 1>in fifteen minutes, you're doing pretty well for yourself. But

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<v Speaker 1>you shouldn't be doing that at all. Legal. That's wrong, immoral, unethical,

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<v Speaker 1>it really is. I mean, that's it's it's it's fooling

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<v Speaker 1>someone out of their money. It's kind of the worst

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<v Speaker 1>thing you could do. I almost respect the the guy

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<v Speaker 1>who like hits you over the head and sticks your

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<v Speaker 1>purse a little more. I don't like that guy either. Yeah,

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<v Speaker 1>you're right, they're both jerks. All right, So let's talk

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<v Speaker 1>about some street cons. Okay, what about Chuck the pedigree dog.

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<v Speaker 1>And by the way, this article has the most super

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<v Speaker 1>superfluous illustrations of any article on how stuff works at all. Yeah,

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<v Speaker 1>there's very apt descriptions, and then there's some illustrations of

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<v Speaker 1>the apt descriptions, and this is written by the grabster.

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<v Speaker 1>We should point out that's all the fun articles the

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<v Speaker 1>pedigree dog, but you can insert dog with violin or

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<v Speaker 1>really anything of value that you can trick someone into

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<v Speaker 1>thinking is valuable. So go, let's hear it. Okay, So

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<v Speaker 1>let's say that you are a shop owner and some

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<v Speaker 1>guy comes in with the dog and says, hey, can

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<v Speaker 1>you hold this for me for a minute. I gotta

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<v Speaker 1>go down the street and place a bet, or I

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<v Speaker 1>gotta go down the street and robin another store. Just

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<v Speaker 1>be thankful it's not your store. And the store owner goes, sure,

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<v Speaker 1>I'll watch your dog dogs. Yeah. Uh So the first

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<v Speaker 1>guy comes out and it goes out, and then the

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<v Speaker 1>second con man comes in, unbeknownst to the owner, related

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<v Speaker 1>to the first guy, at least in a business sense,

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<v Speaker 1>and he goes, wow, where did you get that dog?

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<v Speaker 1>That's like a very rare pedigree dog worth thousands and

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<v Speaker 1>thousands of dollars? Can I buy it from you? And

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<v Speaker 1>the owner says maybe, so come back in twenty minutes,

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<v Speaker 1>I'll see if I can buy this dog from the owner.

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<v Speaker 1>That's the greed that they play on the bartenders thinking, hey,

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<v Speaker 1>I might gonna make a few bucks here exactly, UM,

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<v Speaker 1>or the store owner, I want to say bar owner

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<v Speaker 1>either way. UM. So the first guy comes back, the

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<v Speaker 1>owner of the dog comes back, and UM finds that

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<v Speaker 1>the owner of the store wants to buy the dog

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<v Speaker 1>from him. Says, oh, I guess so, all right, I'll

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<v Speaker 1>sell it to you for two grand. The owner UM

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<v Speaker 1>pays the two grand, and the second guy never comes

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<v Speaker 1>back to buy the dog from him, And so the

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<v Speaker 1>owner of the shop all of a sudden is out

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<v Speaker 1>a couple of grand and they have a mutt on

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<v Speaker 1>their hands. Yes, the dog was never pedigree it. The

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<v Speaker 1>dog is a real loser here too, I might point out, Yeah,

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<v Speaker 1>because you know, the guy's probably not gonna be like,

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<v Speaker 1>oh well, I'll love him anyway. He's probably gonna kick him,

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<v Speaker 1>put him out on the street. And plus his name

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<v Speaker 1>is Jason. Who names their dog Jason? Right now, that's

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<v Speaker 1>so weird. The pigeon drop. That's another old school con Uh.

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<v Speaker 1>This works. Let's say you're hanging out on the street

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<v Speaker 1>and you spot something that you have placed there. Uh.

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<v Speaker 1>Let's say it's a money bag from a local vendor.

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<v Speaker 1>They dropped it on the way to the deposit thing.

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<v Speaker 1>And a good way to make this work is if

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<v Speaker 1>you can get the other person to notice it first.

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<v Speaker 1>That way, they don't feel like they're being conned because

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<v Speaker 1>they spotted it. Then you say, all of a sudden,

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<v Speaker 1>you realize, hey, both of us are looking at this

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<v Speaker 1>thing that says, um, you know the savings and loan,

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<v Speaker 1>and it's got a little money spilling out of it.

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<v Speaker 1>That's the most generic thing I can think of. And

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<v Speaker 1>they said, you know what, let's um, let's let's split

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<v Speaker 1>this up and see here's where an honest man can't

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<v Speaker 1>be cheated. Yeah, comes in for sure, because if you said, well,

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<v Speaker 1>maybe we should also just try to take you to

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<v Speaker 1>this bank first, the cons over it is. But let's

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<v Speaker 1>say you are a greedy guy and you're gonna go

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<v Speaker 1>along with it. What happens, well, the second car con

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<v Speaker 1>artists might show up and say, hey, listen, I saw

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<v Speaker 1>this too, so I want my fair share. There's no

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<v Speaker 1>easy way to solve this, So why don't in good faith,

0:12:42.840 --> 0:12:45.199
<v Speaker 1>why don't we all put some money in an in

0:12:45.400 --> 0:12:49.040
<v Speaker 1>an envelope, show good faith we're all financially on the

0:12:49.080 --> 0:12:51.560
<v Speaker 1>up and up, and then the money is in there

0:12:51.600 --> 0:12:54.359
<v Speaker 1>a little side of hand goes on and the original

0:12:54.559 --> 0:12:58.080
<v Speaker 1>dude ends up with an envelope full of coupons. This

0:12:58.120 --> 0:13:00.000
<v Speaker 1>one I don't get. You don't get it. I don't

0:13:00.080 --> 0:13:01.559
<v Speaker 1>like it, and I don't get it. First of all,

0:13:01.720 --> 0:13:04.560
<v Speaker 1>slide of hand. That is not a good con that's

0:13:04.559 --> 0:13:09.080
<v Speaker 1>not solid. If it involves basically like magician ship, well

0:13:09.200 --> 0:13:11.920
<v Speaker 1>that's what three card money is, agreed. The other thing

0:13:12.000 --> 0:13:14.040
<v Speaker 1>I don't like about it is why not just split

0:13:14.080 --> 0:13:16.000
<v Speaker 1>the money up three ways? Why would you put money

0:13:16.040 --> 0:13:18.400
<v Speaker 1>up to split money? That's the dumbest thing I've ever

0:13:18.440 --> 0:13:22.640
<v Speaker 1>heard in my life. I'm actually angered by that, you know.

0:13:22.679 --> 0:13:25.439
<v Speaker 1>I agree. Another way to do it, though, is if

0:13:25.480 --> 0:13:28.719
<v Speaker 1>it's say it's a ring or something like that, then

0:13:28.760 --> 0:13:31.360
<v Speaker 1>it makes sense to put up money. Because one of

0:13:31.360 --> 0:13:33.880
<v Speaker 1>the khan men says, well, actually, I do have a

0:13:33.920 --> 0:13:36.520
<v Speaker 1>little training in um diamond appraisal, and this thing is

0:13:36.559 --> 0:13:40.240
<v Speaker 1>probably worth about five grand. Um. I can't go upon

0:13:40.280 --> 0:13:41.920
<v Speaker 1>it or anything like that, or there's no way we

0:13:41.960 --> 0:13:44.160
<v Speaker 1>can go upon it. Right now? Do you want to

0:13:44.160 --> 0:13:46.880
<v Speaker 1>buy my share something I'll you know, for five bucks

0:13:47.000 --> 0:13:52.040
<v Speaker 1>or whatever. The guy who's being conned the target um says, well, yeah, sure, here,

0:13:52.040 --> 0:13:54.120
<v Speaker 1>I'll here's five hundred bucks and I'll take the ring

0:13:54.160 --> 0:13:56.760
<v Speaker 1>and go on my merry way. That makes more sense.

0:13:56.880 --> 0:13:59.040
<v Speaker 1>That make more sense. Putting up money to split a

0:13:59.040 --> 0:14:01.720
<v Speaker 1>bag of cash is dumbest thing I've ever heard. Well,

0:14:02.000 --> 0:14:03.960
<v Speaker 1>it's a con, and if you have fallen for that con,

0:14:04.160 --> 0:14:06.080
<v Speaker 1>that might make you one of the dumber rubes of

0:14:06.120 --> 0:14:08.760
<v Speaker 1>the world. If you have, send us an email so

0:14:08.760 --> 0:14:09.920
<v Speaker 1>we can come to your house and hit you in

0:14:09.960 --> 0:14:11.920
<v Speaker 1>the hea of the tag hammer. In the case of

0:14:11.960 --> 0:14:14.600
<v Speaker 1>the ring, obviously the original person ends up with some

0:14:14.640 --> 0:14:18.960
<v Speaker 1>sort of diamondoid and uh out whatever amount of money

0:14:18.960 --> 0:14:22.680
<v Speaker 1>they're stupid enough to give up. That's the pigeon drop.

0:14:22.840 --> 0:14:25.840
<v Speaker 1>I feel mean saying stupid and dumb, but honestly, if

0:14:25.880 --> 0:14:29.080
<v Speaker 1>you give up cash like that, then on the street

0:14:29.400 --> 0:14:33.160
<v Speaker 1>we'll say naive. Okay, alright. Three card money we mentioned that.

0:14:33.160 --> 0:14:36.040
<v Speaker 1>That is more magicianship. That is my friend Jim used

0:14:36.040 --> 0:14:38.440
<v Speaker 1>to do that in high school. Jim was really good

0:14:38.440 --> 0:14:40.320
<v Speaker 1>at three card money, and he would just do it

0:14:40.360 --> 0:14:43.080
<v Speaker 1>among friends in the cafeteria at school, so it's not

0:14:43.120 --> 0:14:45.000
<v Speaker 1>like he hit the streets. But that's when you have

0:14:45.080 --> 0:14:48.400
<v Speaker 1>three well, that's true. That's when you have the three

0:14:48.440 --> 0:14:51.360
<v Speaker 1>cards and one of them um, they said Ace of Spades,

0:14:51.360 --> 0:14:54.480
<v Speaker 1>but I've always seen it as the Queen and queen,

0:14:54.640 --> 0:14:56.920
<v Speaker 1>you know what I mean, exactly find the queen and

0:14:56.960 --> 0:15:00.440
<v Speaker 1>you get the Jim did all that stuff that candy

0:15:00.480 --> 0:15:02.520
<v Speaker 1>stripe that matter to the mac. That's one of the

0:15:02.680 --> 0:15:04.800
<v Speaker 1>things that he would say. So you know, it's like

0:15:04.840 --> 0:15:07.920
<v Speaker 1>the shell game and you're moving these cards around such.

0:15:08.040 --> 0:15:10.200
<v Speaker 1>I mean they have it on the big board at

0:15:10.200 --> 0:15:14.440
<v Speaker 1>baseball games. You know, follow the braves and you know

0:15:14.480 --> 0:15:16.480
<v Speaker 1>they do the quick switchero at one point, and you

0:15:16.520 --> 0:15:18.520
<v Speaker 1>can't tell I actually know how to do that. I'm

0:15:18.520 --> 0:15:20.920
<v Speaker 1>just not very good at it. Well. I know the

0:15:20.920 --> 0:15:24.480
<v Speaker 1>trick though. It's like you put one both of them

0:15:24.520 --> 0:15:26.680
<v Speaker 1>in one hand and do one of these and you

0:15:26.800 --> 0:15:29.800
<v Speaker 1>drop the one that you're not supposed to drop. And

0:15:29.840 --> 0:15:31.800
<v Speaker 1>so once you lose track of it, then unless you

0:15:31.800 --> 0:15:34.200
<v Speaker 1>guess you know, luckily, you're not gonna know where the

0:15:34.240 --> 0:15:38.480
<v Speaker 1>queen is. I always just assume one was sticky. Now

0:15:38.640 --> 0:15:43.400
<v Speaker 1>you're just you're just good at it. And there's also uh,

0:15:43.520 --> 0:15:46.200
<v Speaker 1>as we've mentioned, the other cons usually other con artists

0:15:46.240 --> 0:15:49.080
<v Speaker 1>are not usually a lot of times they'll they'll be

0:15:49.200 --> 0:15:52.120
<v Speaker 1>in working concert with you, so like they'll come up

0:15:52.200 --> 0:15:54.960
<v Speaker 1>and win a couple of rounds while people are watching,

0:15:54.960 --> 0:15:56.520
<v Speaker 1>and they'll say, Hey, well that guy just want a

0:15:56.520 --> 0:15:58.400
<v Speaker 1>couple of times I can do this this This must

0:15:58.440 --> 0:16:03.480
<v Speaker 1>be a legit game card mine. Yeah, exactly. Um. So

0:16:03.560 --> 0:16:07.480
<v Speaker 1>those are just three of many examples of street cons,

0:16:07.480 --> 0:16:11.240
<v Speaker 1>which are all um short cons is another way to

0:16:11.240 --> 0:16:14.080
<v Speaker 1>put them to they fall under another sub umbrella of

0:16:14.120 --> 0:16:16.760
<v Speaker 1>short con. That's right, there's no long street con as

0:16:16.800 --> 0:16:19.240
<v Speaker 1>far as I know, I don't think so. Um business

0:16:19.280 --> 0:16:24.280
<v Speaker 1>and internet cons. These can trapes into the long con

0:16:24.720 --> 0:16:28.720
<v Speaker 1>genre of confidence tricks, but for the most part, they're

0:16:28.760 --> 0:16:32.360
<v Speaker 1>usually fairly quick. For example, the pumping up scheme. Right,

0:16:32.480 --> 0:16:36.040
<v Speaker 1>I've never heard of this one. Pyramid schemes we covered

0:16:36.080 --> 0:16:39.840
<v Speaker 1>with the podcast. And should we get how detail do

0:16:39.880 --> 0:16:43.520
<v Speaker 1>we need to get here? With the pyramid scheme, I say,

0:16:43.560 --> 0:16:46.760
<v Speaker 1>we just go back and listen to Ponzi? Okay? Is

0:16:46.800 --> 0:16:48.720
<v Speaker 1>that we should do? Yeah? You should give him another

0:16:48.720 --> 0:16:53.080
<v Speaker 1>Ponzi though it's a Ponzi scheme where you basically there

0:16:53.160 --> 0:16:57.040
<v Speaker 1>is nothing exchanging hands many times, and you recruit people

0:16:57.080 --> 0:17:01.160
<v Speaker 1>under you to give you money, and they recruit people

0:17:01.240 --> 0:17:04.560
<v Speaker 1>under them to give them money. And the only people

0:17:04.600 --> 0:17:07.280
<v Speaker 1>who ever actually get a payout or the fear very

0:17:07.320 --> 0:17:09.960
<v Speaker 1>few people at the top of the pyramid. It's an

0:17:10.040 --> 0:17:15.399
<v Speaker 1>unsustainable business model if it actually is a business at all. Sometimes,

0:17:15.400 --> 0:17:19.800
<v Speaker 1>like Ponzi's original scheme wasn't a scheme. It was basically

0:17:19.840 --> 0:17:23.600
<v Speaker 1>buying and selling like postage stamps because there was an

0:17:23.640 --> 0:17:25.960
<v Speaker 1>exchange rate associated with the back of the time. But

0:17:26.480 --> 0:17:29.840
<v Speaker 1>um he started taking new investors money because the investment

0:17:29.920 --> 0:17:32.480
<v Speaker 1>wasn't paying off like a thought, and giving it to

0:17:32.560 --> 0:17:37.000
<v Speaker 1>old investors. And that's the creation of the Ponzi scheme.

0:17:37.280 --> 0:17:39.919
<v Speaker 1>It's the people on the bottom pass money upwards, so

0:17:39.960 --> 0:17:42.960
<v Speaker 1>only the people in the first couple tears actually can

0:17:43.040 --> 0:17:46.200
<v Speaker 1>make money, that's right, Josh. And the way they get

0:17:46.240 --> 0:17:48.720
<v Speaker 1>you in is they tell you that you're one of

0:17:48.760 --> 0:17:51.480
<v Speaker 1>the top people. It's like, even if you have suspicions

0:17:51.480 --> 0:17:54.320
<v Speaker 1>like this pyramid scheme, they're like, it totally is, but

0:17:54.400 --> 0:17:57.640
<v Speaker 1>you're one of the top three, so you're in, right,

0:17:58.080 --> 0:18:01.040
<v Speaker 1>which makes you a greedy jerk exactly playing on your

0:18:01.040 --> 0:18:04.359
<v Speaker 1>greed once again, multi level marketing, Josh. A lot of

0:18:04.400 --> 0:18:07.440
<v Speaker 1>times that's basically a pyramid scheme. There are some legitimate

0:18:07.920 --> 0:18:12.520
<v Speaker 1>companies like the Pampered Chef or Tupperware or um am way.

0:18:13.240 --> 0:18:15.159
<v Speaker 1>But and it is legitimate. I mean they can be,

0:18:15.240 --> 0:18:18.160
<v Speaker 1>but they have a pyramid structure. They're just not They're

0:18:18.200 --> 0:18:20.919
<v Speaker 1>not a m it's not grif. Yeah. But if you

0:18:20.920 --> 0:18:23.520
<v Speaker 1>start poking around and they're a little vague about the

0:18:23.560 --> 0:18:25.840
<v Speaker 1>product and stuff and payouts and things like that, then

0:18:26.240 --> 0:18:30.159
<v Speaker 1>it's probably not legit pyramids, right, not one of those companies.

0:18:30.160 --> 0:18:33.280
<v Speaker 1>But yeah, if you start asking questions, if you ever

0:18:33.320 --> 0:18:37.119
<v Speaker 1>started asking questions of a somebody who wants to you

0:18:37.640 --> 0:18:40.360
<v Speaker 1>to buy into their franchise and they start sweating and

0:18:40.400 --> 0:18:43.480
<v Speaker 1>getting all kg yes, walk away. Yeah, it's a good sign. Yeah.

0:18:43.800 --> 0:18:45.960
<v Speaker 1>Do we really need to talk about the Nigerian money

0:18:45.960 --> 0:18:49.080
<v Speaker 1>transfer at this point? I would think our listeners are

0:18:49.080 --> 0:18:54.240
<v Speaker 1>wise to this, but it still happens. It's an internet scam.

0:18:54.320 --> 0:18:58.439
<v Speaker 1>The prints of some country in Africa usually has this

0:18:58.680 --> 0:19:02.760
<v Speaker 1>large sum of money and somehow we got your email

0:19:02.760 --> 0:19:04.719
<v Speaker 1>address and you were the lucky guy that can get

0:19:04.760 --> 0:19:08.000
<v Speaker 1>a portion of it because the money will be freed up.

0:19:08.080 --> 0:19:10.840
<v Speaker 1>We just have some problems within our own country with

0:19:10.880 --> 0:19:14.800
<v Speaker 1>customs or whatever. Yeah, we we we have a bunch

0:19:14.800 --> 0:19:17.560
<v Speaker 1>of money. It's locked up. We need some of your

0:19:17.600 --> 0:19:20.880
<v Speaker 1>money to unlock it exactly to bribe people to pay

0:19:20.920 --> 0:19:23.880
<v Speaker 1>whatever fees all that stuff. Um. The thing that I

0:19:23.920 --> 0:19:27.600
<v Speaker 1>was surprised about is that this this one the Nigerian

0:19:27.640 --> 0:19:30.879
<v Speaker 1>money transfer a k A Advanced fee fraud a k

0:19:31.040 --> 0:19:34.320
<v Speaker 1>a A four nineteen scam because section four nineteen of

0:19:34.480 --> 0:19:38.879
<v Speaker 1>Nigerian I guess federal code deals with fraud. It be

0:19:39.280 --> 0:19:43.320
<v Speaker 1>very frequently becomes a long con. Yeah, that's what I was.

0:19:43.480 --> 0:19:45.520
<v Speaker 1>I didn't know about that either. Actually. Yeah, so like

0:19:46.320 --> 0:19:49.640
<v Speaker 1>once you have given these people your money, they're like, Okay,

0:19:49.720 --> 0:19:51.320
<v Speaker 1>well let's see what else we can get out of you,

0:19:51.800 --> 0:19:54.240
<v Speaker 1>and um, something got held up at the border, so

0:19:54.280 --> 0:19:57.479
<v Speaker 1>we need more money for more bribes, or we need

0:19:57.520 --> 0:20:00.479
<v Speaker 1>your social Security number because the bank is asking for it.

0:20:00.920 --> 0:20:03.120
<v Speaker 1>And it just keeps going on and on. And then

0:20:03.160 --> 0:20:07.359
<v Speaker 1>the insidiousness of the long con is once you're once

0:20:07.359 --> 0:20:10.680
<v Speaker 1>you've bought into something and and you're invested for a

0:20:10.720 --> 0:20:14.960
<v Speaker 1>substantial amount, it becomes increasingly difficult to walk away. And

0:20:15.000 --> 0:20:17.720
<v Speaker 1>it's always just tantalizing. Lee right there, if I pay

0:20:17.840 --> 0:20:20.320
<v Speaker 1>just a little more money and I'm gonna get everything

0:20:20.359 --> 0:20:23.440
<v Speaker 1>back and then something and it just never pays out

0:20:23.480 --> 0:20:26.080
<v Speaker 1>like that because you're being conned. Yeah, and the reason

0:20:26.119 --> 0:20:27.800
<v Speaker 1>we didn't know this is because we never fell for

0:20:28.000 --> 0:20:31.960
<v Speaker 1>the beginning of the Nigerian UH con. But you know,

0:20:32.040 --> 0:20:33.760
<v Speaker 1>I make fun of it a little bit because I

0:20:33.760 --> 0:20:36.199
<v Speaker 1>thought everybody on the planet knew about this. But it

0:20:36.280 --> 0:20:39.760
<v Speaker 1>still happens, I'm sure, and it probably happens to you know,

0:20:40.080 --> 0:20:44.520
<v Speaker 1>like your grandmother. And that's so sad, so wrong in

0:20:44.560 --> 0:20:48.520
<v Speaker 1>so many ways. This It's like it's like stealing like

0:20:48.760 --> 0:20:51.320
<v Speaker 1>half of the value of somebody's four own k or

0:20:51.359 --> 0:20:57.000
<v Speaker 1>something overnight, or um issuing a mortgage to somebody when

0:20:57.000 --> 0:20:58.760
<v Speaker 1>you know they can't pay it back because you're just

0:20:58.760 --> 0:21:01.320
<v Speaker 1>gonna foreclose in their house and sell it, you know what.

0:21:01.400 --> 0:21:03.840
<v Speaker 1>Another it's I wouldn't call it a con. But have

0:21:03.920 --> 0:21:07.400
<v Speaker 1>you ever seen, um that guy that sells the UH

0:21:07.680 --> 0:21:12.560
<v Speaker 1>learn how to email with this dvd? Have you seen that, dude?

0:21:12.960 --> 0:21:14.800
<v Speaker 1>I think I know who you're talking about. Yeah, it's

0:21:14.840 --> 0:21:17.280
<v Speaker 1>very stress the white guy with silver hair. Yeah, it's

0:21:17.400 --> 0:21:20.280
<v Speaker 1>very rudimentary. Things like learn how to access the internet

0:21:20.359 --> 0:21:23.720
<v Speaker 1>or learn how to operate email. We'll see you these DVDs.

0:21:24.160 --> 0:21:26.159
<v Speaker 1>They're legit. I'm sure the DVD show you how to

0:21:26.200 --> 0:21:32.440
<v Speaker 1>email someone, but it's a it's a shipping scam. Essentially, Okay,

0:21:32.720 --> 0:21:35.000
<v Speaker 1>we should probably see O way here, like, is this

0:21:35.040 --> 0:21:38.439
<v Speaker 1>an actual scam? It is, Here's what happens. How about this.

0:21:38.560 --> 0:21:41.080
<v Speaker 1>I will tell you what happens, and then you, the listener,

0:21:41.119 --> 0:21:43.520
<v Speaker 1>can decide whether you think it's a scam or you

0:21:43.600 --> 0:21:46.000
<v Speaker 1>the lawyers of this guy explain it to us in

0:21:46.080 --> 0:21:48.320
<v Speaker 1>court while you're seeing us. What you see when you

0:21:48.359 --> 0:21:52.480
<v Speaker 1>see these commercials is pay eight nine for the set

0:21:52.480 --> 0:21:56.920
<v Speaker 1>of DVDs that teach out to email. Shipping is money

0:21:56.920 --> 0:22:00.440
<v Speaker 1>back guarantee. So what happens is if you're not satisfied,

0:22:00.520 --> 0:22:04.320
<v Speaker 1>you get your money back. You have paid to ship

0:22:04.320 --> 0:22:07.600
<v Speaker 1>a DVD. The DVD is ship to via media mail,

0:22:08.280 --> 0:22:11.199
<v Speaker 1>which is slow and very very cheap. You can probably

0:22:11.240 --> 0:22:14.760
<v Speaker 1>ship a DVD for like ten cents via media mail.

0:22:15.320 --> 0:22:18.720
<v Speaker 1>So he's making even if they return the thing and

0:22:18.760 --> 0:22:21.000
<v Speaker 1>he gives him their money back, he's he's made the

0:22:21.000 --> 0:22:23.720
<v Speaker 1>difference of the shipping. So basically, this guys making money

0:22:23.760 --> 0:22:28.000
<v Speaker 1>no matter what scam or not a scam, probably not

0:22:28.080 --> 0:22:32.280
<v Speaker 1>because you're getting sea. The guy's providing the service that

0:22:32.359 --> 0:22:36.040
<v Speaker 1>he's saying he's providing. That's right, so he guarantee stands.

0:22:36.240 --> 0:22:39.160
<v Speaker 1>I reverse my stance. I call that man the smartest

0:22:39.160 --> 0:22:42.000
<v Speaker 1>man on the planet. I don't know about that. All right,

0:22:42.040 --> 0:22:44.320
<v Speaker 1>he's somewhere in between, and we might cut all this

0:22:44.359 --> 0:22:50.560
<v Speaker 1>out even yeah right, Um what else? Oh chuck? What

0:22:50.680 --> 0:22:54.520
<v Speaker 1>about um home improvement? Yeah you know, man, I was

0:22:54.600 --> 0:22:56.560
<v Speaker 1>just working on this house down the street. I was

0:22:56.560 --> 0:22:58.119
<v Speaker 1>putting a roof on it, and we got all this

0:22:58.280 --> 0:23:00.240
<v Speaker 1>extra material and I'm gonna have to return it. But

0:23:00.280 --> 0:23:02.560
<v Speaker 1>I could give you a heck of a deal. Here's

0:23:02.600 --> 0:23:07.080
<v Speaker 1>all my money the end. You've been scammed? Yeah, um,

0:23:07.080 --> 0:23:12.520
<v Speaker 1>that's ah that. There are two kinds of home improvement scams.

0:23:12.920 --> 0:23:17.120
<v Speaker 1>One that are perpetrated by actual like contractors, where they

0:23:17.520 --> 0:23:20.600
<v Speaker 1>basically sell you shoddy work or something like that, or

0:23:20.960 --> 0:23:25.520
<v Speaker 1>another frequent one is where they do the work, get

0:23:25.560 --> 0:23:28.800
<v Speaker 1>halfway through, say tear your whole roof off, put half

0:23:28.800 --> 0:23:31.199
<v Speaker 1>the roof back on, and say I'm gonna need more money,

0:23:31.680 --> 0:23:33.600
<v Speaker 1>and what can you do at that point? You're over

0:23:33.640 --> 0:23:37.359
<v Speaker 1>a barrel. Yes, that's a scam. Or they might do

0:23:37.440 --> 0:23:40.480
<v Speaker 1>shoddy work and have you signed a contract that has

0:23:40.520 --> 0:23:44.080
<v Speaker 1>something like some clause in where if you don't make

0:23:44.119 --> 0:23:46.480
<v Speaker 1>the payments, if you don't pay them in full, they

0:23:46.480 --> 0:23:48.520
<v Speaker 1>can put a lean on your house and basically take

0:23:48.560 --> 0:23:51.159
<v Speaker 1>it from you. Um, so you have to pay them

0:23:51.200 --> 0:23:54.360
<v Speaker 1>for shoddy work no matter what happens. There's also scams

0:23:54.400 --> 0:23:57.880
<v Speaker 1>perpetrated by people who are not contractors, like, um, there's

0:23:58.040 --> 0:24:02.160
<v Speaker 1>there's one that's like, uh, they'll re asphalt your driveway

0:24:02.720 --> 0:24:04.919
<v Speaker 1>and this group of guys will just basically paint your

0:24:05.000 --> 0:24:08.320
<v Speaker 1>driveway black and be like give us our money. Um.

0:24:08.480 --> 0:24:12.399
<v Speaker 1>That's they're not actually contractors, their painters really. Yeah, and

0:24:12.440 --> 0:24:15.399
<v Speaker 1>since you mentioned it, um, the guys who approach you

0:24:15.440 --> 0:24:17.560
<v Speaker 1>in the grocery store parking lot to fix your dents,

0:24:18.119 --> 0:24:21.879
<v Speaker 1>they are not auto body specialists. Um, that just happened

0:24:21.880 --> 0:24:24.879
<v Speaker 1>to be there with all their materials. They have their materials.

0:24:25.000 --> 0:24:28.240
<v Speaker 1>And I'm really really sorry to say that my wife

0:24:29.080 --> 0:24:32.600
<v Speaker 1>felt for that. Her old Honda Accord that I drove,

0:24:32.680 --> 0:24:34.840
<v Speaker 1>or I'm sorry, Honda Civic that I drove until recently

0:24:35.320 --> 0:24:41.360
<v Speaker 1>had two of the worst smeared bondo jobs I've ever

0:24:41.400 --> 0:24:43.520
<v Speaker 1>seen in my life. Because she was going into the

0:24:43.560 --> 0:24:45.359
<v Speaker 1>grocery score and guys like I can fix that for you,

0:24:45.480 --> 0:24:48.119
<v Speaker 1>like I saw just while you're shopping. I saw him.

0:24:48.160 --> 0:24:51.160
<v Speaker 1>I never mentioned him, yell for it, and I try

0:24:51.200 --> 0:24:52.720
<v Speaker 1>not to give her too much of a hard time.

0:24:52.720 --> 0:24:56.440
<v Speaker 1>But she's like, well they seemingly honest. Well they gained

0:24:56.440 --> 0:25:01.280
<v Speaker 1>your confidence. Awesome, that's a con there. Um. You could

0:25:01.320 --> 0:25:04.920
<v Speaker 1>also have the fake home inspector who supposedly is an

0:25:04.920 --> 0:25:09.600
<v Speaker 1>official of the city, state, municipality, county, um, who's just

0:25:09.680 --> 0:25:12.479
<v Speaker 1>dropping by an announced at your house and for a

0:25:12.520 --> 0:25:15.760
<v Speaker 1>surprise inspection, and it's going to find eight things wrong

0:25:15.800 --> 0:25:18.640
<v Speaker 1>with your house that don't meet code, right, but really

0:25:18.640 --> 0:25:22.160
<v Speaker 1>do because this person is not legitimate but has a friend. Yeah,

0:25:22.200 --> 0:25:23.960
<v Speaker 1>has a friend. You can do it for pretty cheap. Well,

0:25:24.400 --> 0:25:28.480
<v Speaker 1>it's gonna be terrible work, unnecessary work, and expensive work.

0:25:28.760 --> 0:25:30.760
<v Speaker 1>I got one for you. Yeah, if you ever see

0:25:30.800 --> 0:25:36.680
<v Speaker 1>the words uh, debt removal or debt erased, just walk away.

0:25:36.720 --> 0:25:38.560
<v Speaker 1>I didn't even know this exists. Oh yeah, man, you

0:25:38.600 --> 0:25:42.360
<v Speaker 1>look around their signs on telephone poles that say, you know,

0:25:42.720 --> 0:25:45.880
<v Speaker 1>debt removal. We can remove your debt, which means they'll

0:25:45.920 --> 0:25:48.520
<v Speaker 1>hand you a document that says your your debt has

0:25:48.520 --> 0:25:51.399
<v Speaker 1>been erased. And that's literally all it is is a

0:25:51.400 --> 0:25:54.000
<v Speaker 1>piece of paper that says we've erased your debt, but

0:25:54.080 --> 0:25:56.639
<v Speaker 1>you've bought it. Yeah, well you've bought that piece of paper,

0:25:57.119 --> 0:26:00.200
<v Speaker 1>and imagine, sadly some people have probably taken that piece

0:26:00.200 --> 0:26:02.400
<v Speaker 1>of paper into like a bank and said, but no, look,

0:26:03.040 --> 0:26:06.400
<v Speaker 1>it says here that my dad has been raised not

0:26:06.480 --> 0:26:10.159
<v Speaker 1>so yeah, I'll bet there's a lot of discomfort in

0:26:10.200 --> 0:26:12.560
<v Speaker 1>that first few moments where the person is trying to

0:26:12.600 --> 0:26:15.439
<v Speaker 1>convince the banker that they don't have any debt any longer.

0:26:15.800 --> 0:26:18.560
<v Speaker 1>This thing just make this whole podcast makes me feel bad. Um.

0:26:18.600 --> 0:26:23.120
<v Speaker 1>We mentioned mortgage refinance scams, where basically you find somebody

0:26:23.119 --> 0:26:26.800
<v Speaker 1>who has some equity, a lot of debt, and not

0:26:26.880 --> 0:26:30.720
<v Speaker 1>a lot of income, and you issue them a refinance,

0:26:30.720 --> 0:26:33.480
<v Speaker 1>a mortgage refly, and you have to be an actual

0:26:33.480 --> 0:26:36.919
<v Speaker 1>banker to do that, and they do it. They do

0:26:36.960 --> 0:26:39.440
<v Speaker 1>it because they want that house. You might be signing

0:26:39.440 --> 0:26:43.440
<v Speaker 1>away your house. Yeah. Um. And also there's um bankers

0:26:43.440 --> 0:26:46.320
<v Speaker 1>who have been known to slip clauses into the fine

0:26:46.359 --> 0:26:49.800
<v Speaker 1>print of a home mortgage loan or refly that says,

0:26:50.560 --> 0:26:52.959
<v Speaker 1>these people can have this house, by the way, and

0:26:53.000 --> 0:26:56.560
<v Speaker 1>you're just sleying over your house for nothing, which I

0:26:56.600 --> 0:26:59.000
<v Speaker 1>don't understand how somebody could get away with that, I know.

0:26:59.720 --> 0:27:03.439
<v Speaker 1>And then, of course, Chuck, I think we're at the

0:27:03.560 --> 0:27:07.840
<v Speaker 1>public service announcement Part how to avoid the con Yeah,

0:27:08.520 --> 0:27:11.399
<v Speaker 1>first and foremost, don't be greedy. Yeah, don't be greedy.

0:27:12.200 --> 0:27:14.840
<v Speaker 1>If it looks too good to be true, then it's

0:27:15.200 --> 0:27:18.159
<v Speaker 1>you're right on the money there. Don't trust anybody, especially

0:27:18.200 --> 0:27:21.399
<v Speaker 1>if you're an elderly person. You never get something for nothing.

0:27:21.480 --> 0:27:23.440
<v Speaker 1>That is not how the world works. It is never

0:27:23.520 --> 0:27:26.080
<v Speaker 1>worked that way. It will never work that way. If

0:27:26.080 --> 0:27:28.879
<v Speaker 1>someone is promising you large amounts of money for very little,

0:27:30.040 --> 0:27:33.439
<v Speaker 1>uh what you considered very little money, that it's just

0:27:33.600 --> 0:27:38.359
<v Speaker 1>it's wrong. Solicitations are usually basically that's a horrendous business

0:27:38.440 --> 0:27:41.200
<v Speaker 1>model in this day and age. So if a company

0:27:41.280 --> 0:27:45.560
<v Speaker 1>is still using door to door cold visits, they kind

0:27:45.560 --> 0:27:48.800
<v Speaker 1>of deserve to go out of business. So you can

0:27:48.800 --> 0:27:51.240
<v Speaker 1>go ahead and assume that either one you don't want

0:27:51.240 --> 0:27:53.040
<v Speaker 1>to do business with that company that's soon going to

0:27:53.080 --> 0:27:55.520
<v Speaker 1>go out of business because they're using a business model

0:27:55.560 --> 0:27:58.080
<v Speaker 1>from the fifties or a marketing model from the fifties,

0:27:58.480 --> 0:28:01.560
<v Speaker 1>or that these guys are actually on artists and they're

0:28:01.560 --> 0:28:04.399
<v Speaker 1>not really going to sell you a security system and

0:28:04.400 --> 0:28:06.920
<v Speaker 1>they're actually probably just casing your house to break into

0:28:06.920 --> 0:28:09.720
<v Speaker 1>it later. Yeah, maybe, so you need to look out

0:28:09.760 --> 0:28:12.040
<v Speaker 1>for other signs like if you meet a nice man

0:28:12.080 --> 0:28:13.640
<v Speaker 1>who's got a great deal for you, and he gives

0:28:13.920 --> 0:28:17.480
<v Speaker 1>the business card and it says Jim Smith po Box

0:28:17.560 --> 0:28:20.960
<v Speaker 1>fourteen and that's all it says on it. Hand it

0:28:20.960 --> 0:28:24.960
<v Speaker 1>back to him, walk away, ask for information, ask for

0:28:25.000 --> 0:28:28.680
<v Speaker 1>their driver's license, let them see you taking down their

0:28:28.720 --> 0:28:31.600
<v Speaker 1>license plate number. Yeah. And you know, if you're asking

0:28:31.640 --> 0:28:33.600
<v Speaker 1>them all these questions and they're legit, then they're gonna

0:28:33.600 --> 0:28:35.760
<v Speaker 1>be like, sure, man, here they will be. It's gonna

0:28:35.800 --> 0:28:38.240
<v Speaker 1>be a little uncomfortable because you're basically saying like, I

0:28:38.240 --> 0:28:40.680
<v Speaker 1>don't trust you. You have a little too much pain

0:28:40.760 --> 0:28:43.400
<v Speaker 1>on your jeans or whatever, so I don't like the

0:28:43.400 --> 0:28:45.520
<v Speaker 1>look of you, but I'm willing to see what you

0:28:45.600 --> 0:28:49.239
<v Speaker 1>do when I do this to you. Now, squirm uh.

0:28:49.280 --> 0:28:51.680
<v Speaker 1>And if they don't squirm, then you know you might

0:28:51.720 --> 0:28:54.640
<v Speaker 1>be able to trust them right right. And if they're

0:28:54.720 --> 0:28:57.240
<v Speaker 1>if they really need that decision fast, if you say

0:28:57.280 --> 0:28:59.440
<v Speaker 1>something like you know what, this sounds really good, but

0:28:59.440 --> 0:29:00.880
<v Speaker 1>give me about a week or so, they're like, no,

0:29:00.880 --> 0:29:05.040
<v Speaker 1>no, no no, no, this deal ends today. Yeah, there's very

0:29:05.080 --> 0:29:08.160
<v Speaker 1>likely there's not any deal that ends today when there's

0:29:08.600 --> 0:29:12.680
<v Speaker 1>lots of money involved. Um. And then chuck. If you

0:29:12.760 --> 0:29:19.880
<v Speaker 1>have been conned. The the point of con artists confidence

0:29:20.600 --> 0:29:23.440
<v Speaker 1>is that you'll feel too embarrassed and foolish to tell anybody,

0:29:23.560 --> 0:29:26.440
<v Speaker 1>so they'll be able to keep operating in virtually the

0:29:26.480 --> 0:29:29.960
<v Speaker 1>same place for a while. Right, So you want to

0:29:29.960 --> 0:29:34.560
<v Speaker 1>actually go and tell somebody, Go tell the popo, Tell

0:29:34.600 --> 0:29:38.040
<v Speaker 1>the popo. Tell call up that that annoying guy on

0:29:38.080 --> 0:29:41.760
<v Speaker 1>the local news that goes and sticks microphones and people's faces.

0:29:41.800 --> 0:29:44.440
<v Speaker 1>Maybe he'll help you out. You know, there was a

0:29:44.440 --> 0:29:50.360
<v Speaker 1>guy named Count Victor Lustig who managed to sell the

0:29:50.400 --> 0:29:54.040
<v Speaker 1>Eiffel Tower twice. A pretty good story because the first

0:29:54.040 --> 0:29:57.040
<v Speaker 1>guy was too embarrassed to tell anybody that it had happened.

0:29:57.320 --> 0:30:01.400
<v Speaker 1>But basically, about fifteen years after the World Air in Paris,

0:30:01.480 --> 0:30:05.040
<v Speaker 1>the Paris Exposition that saw the raising of the Eiffel

0:30:05.040 --> 0:30:08.640
<v Speaker 1>Tower um the comp the city was like really having

0:30:08.680 --> 0:30:12.080
<v Speaker 1>trouble paying to keep it maintained. So it was kind

0:30:12.080 --> 0:30:17.040
<v Speaker 1>of it wasn't just completely unbelievable that the city would

0:30:17.120 --> 0:30:21.480
<v Speaker 1>hire an agent to secretly shop around the right to

0:30:21.480 --> 0:30:24.720
<v Speaker 1>to tear it down and use the steel for scrap.

0:30:25.000 --> 0:30:28.560
<v Speaker 1>It was originally supposed to be temporary, right it was?

0:30:29.000 --> 0:30:32.800
<v Speaker 1>Who knew? I don't know. So he would take people

0:30:32.840 --> 0:30:34.920
<v Speaker 1>in a limousine and make a big fancy show about

0:30:34.960 --> 0:30:37.080
<v Speaker 1>it to him up to the observation deck and show

0:30:37.160 --> 0:30:39.200
<v Speaker 1>him that the medals that they were going to be bought.

0:30:39.720 --> 0:30:42.720
<v Speaker 1>And somebody paid out. This one guy paid out. Um.

0:30:42.880 --> 0:30:46.600
<v Speaker 1>Andre Poissant was a steel dealer who paid out for it,

0:30:46.680 --> 0:30:49.400
<v Speaker 1>and was too embarrassed to tell anybody. And so Lustick

0:30:49.440 --> 0:30:52.840
<v Speaker 1>did it again a month later. Um, and it was

0:30:52.920 --> 0:30:57.880
<v Speaker 1>lucrative both times. I liked the guy's first scamp. He

0:30:58.040 --> 0:31:03.560
<v Speaker 1>created a machine that they clee turned out blank paper,

0:31:04.240 --> 0:31:07.840
<v Speaker 1>right printing machine. He built it as a printing machine

0:31:07.840 --> 0:31:11.920
<v Speaker 1>that could print on bills, and basically what he did

0:31:12.040 --> 0:31:16.440
<v Speaker 1>was he stuck two hundred dollar bills in. The problem was, um,

0:31:16.560 --> 0:31:19.160
<v Speaker 1>the machine could only spit a hundred dollar bill out

0:31:19.200 --> 0:31:22.680
<v Speaker 1>every six hours. So even if you had the time

0:31:22.760 --> 0:31:25.200
<v Speaker 1>to spend twelve hours staring at this machine, you're going

0:31:25.240 --> 0:31:28.800
<v Speaker 1>to see it spit out two hundred dollar bills just

0:31:28.880 --> 0:31:33.600
<v Speaker 1>waiting on that third right. Um. So people paid I

0:31:33.640 --> 0:31:38.320
<v Speaker 1>think um, three thirty thousand dollars for a machine like this,

0:31:38.400 --> 0:31:41.800
<v Speaker 1>and he he was a very smart man, very smart

0:31:43.280 --> 0:31:46.080
<v Speaker 1>unethical man. Yeah, because you'd make that thirty grand back

0:31:46.880 --> 0:31:53.840
<v Speaker 1>divided by six hours, or divided by a hundred divided

0:31:53.840 --> 0:31:56.720
<v Speaker 1>by six. So that's how long it would take or

0:31:56.760 --> 0:32:08.280
<v Speaker 1>time six whatever, eighteen hours eight I think eighteen hundred

0:32:08.320 --> 0:32:11.480
<v Speaker 1>hours or dight it's a variation of eighteen. What fun

0:32:11.480 --> 0:32:15.280
<v Speaker 1>would it be to get a calculator? Oute? You know? So? Um,

0:32:15.320 --> 0:32:17.480
<v Speaker 1>I guess that's it. Yeah, well we we should list

0:32:17.520 --> 0:32:20.200
<v Speaker 1>some movies here, yeah, um, because I love a good

0:32:20.200 --> 0:32:24.600
<v Speaker 1>con artist movie, The Staying classic, I've not seen it,

0:32:25.160 --> 0:32:29.800
<v Speaker 1>House of Games. David Mammitt not seen it classic. Uh,

0:32:30.120 --> 0:32:33.040
<v Speaker 1>catch me if you can. We've talked about that confidence

0:32:33.120 --> 0:32:35.200
<v Speaker 1>I saw that one. I didn't see that one. Was like, okay,

0:32:35.920 --> 0:32:40.320
<v Speaker 1>definitely a you'd watch it on a Sunday afternoon. Eddie

0:32:40.360 --> 0:32:43.840
<v Speaker 1>Burns Yeah, uh, Dirty Rotten Scoundrels is one of the

0:32:43.880 --> 0:32:47.480
<v Speaker 1>great comedy conn one of the great movies ever. Absolutely

0:32:48.040 --> 0:32:49.920
<v Speaker 1>if you're into Mammitt, of course you gotta go with

0:32:49.960 --> 0:32:53.160
<v Speaker 1>the Spanish Prisoner, so he wrote to huh he wrote

0:32:53.160 --> 0:32:55.640
<v Speaker 1>the Spanish Prisoner and House of Games Yeah, yeah, okay,

0:32:55.800 --> 0:32:57.640
<v Speaker 1>and Glen Garry Glen Ross, which is not a con

0:32:57.680 --> 0:33:02.800
<v Speaker 1>man movie, and State in Maine another great movie. Yeah,

0:33:02.800 --> 0:33:07.080
<v Speaker 1>I'm a big Man, a fan stick man. I'd say

0:33:07.120 --> 0:33:12.560
<v Speaker 1>it's um slightly slicker than confidence. Confidence. Yeah, my favorite.

0:33:12.680 --> 0:33:15.360
<v Speaker 1>It was The Grifters Stephen Frears movie, which he didn't

0:33:15.440 --> 0:33:20.040
<v Speaker 1>get through, and then The Hustler, which proceeded this thing,

0:33:21.560 --> 0:33:25.400
<v Speaker 1>and then of course the number one confidence movie of

0:33:25.440 --> 0:33:30.400
<v Speaker 1>all time, The Baltimore Bullet. Have you seen it? No? Okay,

0:33:31.040 --> 0:33:33.920
<v Speaker 1>I hadn't even heard of it until today, but it's

0:33:33.920 --> 0:33:37.200
<v Speaker 1>got a great movie poster and its starred Mr James Cockburn.

0:33:37.360 --> 0:33:40.000
<v Speaker 1>Can't go wrong there, now, you can't. If you want

0:33:40.040 --> 0:33:42.400
<v Speaker 1>to learn more about cons basically, you should print out

0:33:42.400 --> 0:33:44.400
<v Speaker 1>this article and carry it with you all times, so

0:33:44.440 --> 0:33:47.360
<v Speaker 1>if a stranger comes up to you and um, you

0:33:47.440 --> 0:33:49.520
<v Speaker 1>suspect their conning you, you can use it for quick

0:33:49.560 --> 0:33:51.640
<v Speaker 1>and easy reference. You can just pull it out and

0:33:51.720 --> 0:33:55.400
<v Speaker 1>unfold it and be like, oh, an envelope full of money.

0:33:55.480 --> 0:33:58.320
<v Speaker 1>I know what's going on. Come with me, sir. I'm

0:33:58.320 --> 0:34:02.520
<v Speaker 1>placing you under citizens arrest. You can type con artists

0:34:02.520 --> 0:34:04.600
<v Speaker 1>into the handy search bar at how stuff works dot

0:34:04.640 --> 0:34:06.960
<v Speaker 1>com and by the way, Chuck, citizens arrest, what do

0:34:06.960 --> 0:34:09.279
<v Speaker 1>you think? We've got a lot of requests and I

0:34:09.280 --> 0:34:11.279
<v Speaker 1>don't know how that works. Let's do it. I've tried

0:34:11.280 --> 0:34:14.399
<v Speaker 1>it a bunch of times and I just get beat up. Um.

0:34:14.480 --> 0:34:17.759
<v Speaker 1>Since I said search bars, how stuff works, dot com, etcetera,

0:34:18.200 --> 0:34:23.799
<v Speaker 1>that means that it is time for listener maw. Josh,

0:34:23.800 --> 0:34:26.799
<v Speaker 1>I'm gonna call this a plea for joining our show.

0:34:28.120 --> 0:34:30.080
<v Speaker 1>You're Josh and Chuck and Jerry. I've been listening to

0:34:30.120 --> 0:34:32.560
<v Speaker 1>and enjoying your podcast for about a year now. I

0:34:32.600 --> 0:34:35.279
<v Speaker 1>wanted to thank you for reinforcing the crumbling concrete of

0:34:35.320 --> 0:34:38.600
<v Speaker 1>my sanity with your rebar of knowledge. That's why I

0:34:38.600 --> 0:34:41.240
<v Speaker 1>read this one. I just like that sentence. I'm twenty

0:34:41.280 --> 0:34:42.800
<v Speaker 1>six years old and for the last three years have

0:34:42.880 --> 0:34:47.719
<v Speaker 1>been working in a windowless office, endlessly shuffling paperwork. Your podcast,

0:34:47.840 --> 0:34:51.160
<v Speaker 1>with its breadth of subjects, with the D with the

0:34:51.280 --> 0:34:55.400
<v Speaker 1>D and cheerful banter, has allowed me one glimmering sliver

0:34:55.680 --> 0:35:00.000
<v Speaker 1>of anticipation every day I have to drag myself into work. Uh.

0:35:00.080 --> 0:35:03.239
<v Speaker 1>Despite your insistence that you have submitted clumsy podcast in

0:35:03.280 --> 0:35:06.080
<v Speaker 1>the past, I have found something endearing and enjoyable and

0:35:06.160 --> 0:35:09.239
<v Speaker 1>every one of them. Your inclusion of pop culture references,

0:35:09.520 --> 0:35:13.520
<v Speaker 1>asides in jokes and personal anecdotes is what distinguishes you

0:35:14.120 --> 0:35:18.399
<v Speaker 1>from more mediocre podcast. So who knew that is nice? Um,

0:35:18.400 --> 0:35:20.080
<v Speaker 1>if all this flattery didn't tip you off, I was

0:35:20.120 --> 0:35:23.280
<v Speaker 1>going to suggest one minor change, however, possibly the addition

0:35:23.400 --> 0:35:26.520
<v Speaker 1>of a hip, young, smart alec looking for a career change.

0:35:27.120 --> 0:35:29.239
<v Speaker 1>I can assure you I have a voice and face

0:35:29.360 --> 0:35:33.240
<v Speaker 1>made for radio, and sensibilities and overall coolness to mesh

0:35:33.560 --> 0:35:37.959
<v Speaker 1>seamlessly with this new fangled medium. So he's basically saying,

0:35:38.000 --> 0:35:41.239
<v Speaker 1>kind of be on your show as the third team member. Okay,

0:35:42.000 --> 0:35:44.200
<v Speaker 1>I thought Jerry was the third team member. Well, the

0:35:44.239 --> 0:35:48.879
<v Speaker 1>third podcast or fourth team member. Um, thanks so much

0:35:48.920 --> 0:35:52.120
<v Speaker 1>for putting out a consistently great show. I'm a loyal listener.

0:35:52.719 --> 0:35:55.480
<v Speaker 1>I will upgrade myself to fanatical if you can explain

0:35:55.600 --> 0:36:00.560
<v Speaker 1>open source computing in thirty minutes, Sincerely, Matthew G. So, Matthew,

0:36:00.640 --> 0:36:04.360
<v Speaker 1>I can say two things. We will neither explain open

0:36:04.400 --> 0:36:09.440
<v Speaker 1>source computing in thirty minutes, nor will we accept your

0:36:09.480 --> 0:36:18.920
<v Speaker 1>gracious offer to join us as a third podcaster. What

0:36:18.960 --> 0:36:20.600
<v Speaker 1>are you saying I should not? Do you want him

0:36:20.600 --> 0:36:23.879
<v Speaker 1>on the show? No? Okay, yeah that's what I'm saying.

0:36:23.880 --> 0:36:26.440
<v Speaker 1>I'm trying to break it to him easy that the

0:36:27.000 --> 0:36:30.040
<v Speaker 1>position has been filled it's there's there are no openings here.

0:36:30.239 --> 0:36:33.319
<v Speaker 1>I don't we are what's called a comic dietd yes,

0:36:33.640 --> 0:36:35.800
<v Speaker 1>I don't know how we could ever become a triad,

0:36:35.920 --> 0:36:39.719
<v Speaker 1>even for a single episode if it wasn't an interview.

0:36:40.440 --> 0:36:43.640
<v Speaker 1>We had Strickland in here. Oh yeah, that's right, that's right.

0:36:43.920 --> 0:36:46.600
<v Speaker 1>But he's not funny, so that's not that's no threat

0:36:46.640 --> 0:36:50.080
<v Speaker 1>to our comic diet. And he can explain explain open

0:36:50.080 --> 0:36:53.600
<v Speaker 1>source computing. Well, let's just get Strickland in here again. No,

0:36:54.000 --> 0:36:58.040
<v Speaker 1>just give this guy to Strickland. All right, done either way?

0:36:58.080 --> 0:37:00.160
<v Speaker 1>Those just you and me, right, that's right, Okay, thank

0:37:00.160 --> 0:37:05.000
<v Speaker 1>you Matthew. Gee though, for your spunks, can we like that? Yes? Um,

0:37:05.040 --> 0:37:08.080
<v Speaker 1>if you have ever been conned, we'd like to hear

0:37:08.120 --> 0:37:12.319
<v Speaker 1>about it, right chuck, Yeah, it's sad, but yeah, let's

0:37:12.320 --> 0:37:15.200
<v Speaker 1>hear it. Okay, Well we can share with people. How

0:37:15.200 --> 0:37:17.440
<v Speaker 1>about this? Why don't you go share your cons on

0:37:17.480 --> 0:37:20.800
<v Speaker 1>the Facebook page so everybody can look out for the hottest, newest,

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