This scam involves making a series of opposite predictions (on winners in the stock market, football games, or the like) and sending them to different groups of people until one group has seen your perfect track record sufficiently to be duped into paying you for the next “prediction.”
For example, Notre Dame is playing Michigan next week, so you send 100 letters to people, predicting the outcome of the game. It doesn’t really matter whether the recipients of your letter are known to bet on college football games. The information you provide will stimulate some of them to want to bet on the game. You name your letter something swell like The Perfect Gamble. In 50 letters you predict Notre Dame will win. In the other 50 you predict Michigan will win. You write a short introduction explaining that you have a secret surefire method of predicting winners and to prove it you are giving out free predictions this week. Notre Dame wins.
The next week you send a free copy of The Perfect Gamble to the 50 who got the letter that predicted a Notre Dame victory. In the introduction you remind them of last week’s prediction and you inform them how much they would have won had they followed your advice. To show there are no hard feelings and to give them one more chance to take advantage of your surefire system you provide—free of cost—one more prediction. This week Notre Dame is playing Oregon State. You divide your list of recipients and you send 25 letters predicting Notre Dame will win and 25 predicting Oregon State will win.
After the second game, you will have 25 people who have seen you make two correct predictions in a row. Three correct predictions in a row should convince several recipients of your letter that you do have a surefire way to pick winners. You now charge them a substantial fee for the next prediction and, if all goes as planned, you should make a handsome profit even after postage and handling costs.
Since you are a crook for running this scam, you won’t feel guilty in promising the prospective suckers their money back if not completely satisfied with your predictions. Your hope is that they will be greedy and say: “How can I lose?” You needn’t remind them how. You might even be able to rationalize your behavior by telling yourself that they deserve to be scammed because they’re so greedy!
For different audiences, you can pretend to be a psychic or an astrologer or a mathematician or a gambler who knows how to fix college football games. If you are cheating the gullible as well as the greedy, you may be able to convince yourself that you are performing a beneficial service to the community by cheating these people out of their money. You might persuade yourself that rather than try to put you in jail for being a fraudulent scammer, society should give you an award for reminding people to use their common sense and critical thinking skills.
A variant of the perfect prediction scam is used by some psychics. If you tell enough clients “someday you will be rich beyond your wildest dreams,” then if one of them inherits a great sum or wins a lottery, you may get credit for being psychic.
Detecting psychic scams & debunking mediums is easier when you know how psychic methods like hot reading work. Don’t be fooled by psychic misdirection. Expert mentalists, skeptics, and magicians Penn and Teller, Derren Brown, Paul Zenon, James Randi, and Mark Edward will reveal the secrets of psychics by exposing disgraceful psychic tricks used by psychic Sally Morgan, The Long Island Medium (Theresa Caputo), Rosemary Altea, Peter Popoff, Joe Power, James Van Praagh, and more. Stay skeptical, dare to be curious, but don’t fall for this bullshit, and don’t drink the koolaid.
I know, it’s redundant. All psychics are fake and a scam, but some are worse than others.
When most people think of psychics they conjure an image (see what I did there) of someone dressed in robes in a mystically decorated parlor who reads your palm or the tarot cards for $40. They are making a meager living giving people a bit of harmless entertainment. Some may actually think they have powers, some may know it’s all an act, but what’s the harm?
In truth, however, many psychics are predators who scam people out of hundreds, thousands, even tens of thousands of dollars. They prey on the vulnerable and the desperate and can ruin lives. This is not a benign industry.
A recent report from Toronto is just one of many – a steady stream with no expectation of ending. They report stories of people who have been victimized by psychics promising to turn around their fortunes, while parasitically bleeding them of as much money as possible.
How the scam works
Encounters usually begin like any street-corner psychic, with a simple reading. Everyone who comes in for a reading is a potential mark. The more desperate the better.
Such psychics (I am just going to use the term “psychic” for convenience, but assume the usual caveats – alleged, fake, etc.) are adept at creating the illusion that they have some magical insight. They are, after all, just mentalists, and usually not very good ones. They don’t really have to be, as their audience wants to believe, often desperately.
Their primary tool is the cold reading. This is the technique of listening to what your mark says, then feeding it back to them as if it came to you magically. You can also make vague statements that are likely to apply to most people, then following up when you get a positive reaction, while glossing over any misses. Simple observation also plays a role. A willing target will do most of the hard work, making all the connections in their own mind. This can seem quite impressive to someone naive to the technique – in fact a skilled mentalist can seem impressive even to someone familiar with it.
This is all part of the grooming, drawing the mark in and gaining their confidence. This is, after all, a confidence game. Once you believe that the psychic has the magical power to fix your life, you are lost.
They then use a variety of tricks to bleed their marks of all their money. They may use some slight of hand, like pretending the water their mark gargled is full of insects, or an egg used in a seeing is full of black ichor. They try to convince their mark that they are cursed, and that the psychic has the power to lift the curse. This frequently involves praying over cash, gift cards, or other untraceable items of value – items the mark never sees again.
In one case a psychic scammed a business man whose girlfriend died unexpectedly out of $700,000.
Related to this video:
- Good Thinking Investigates: Faith Healer Peter Popoff (http://goodthinkingsociety.org)
- Two very different charlatans both selling the divine right to get rich quick (mirror.co.uk)
Food Babe’s hypocrisy exposed (again) . . .
I haven’t been shopping at FoodBabe.com in a while, and I must admit I miss the experience. It’s true that I’ve been surprised once or twice (or maybe three or four or five times), but who’s counting? Vani Hari is a world class researcher who thoroughly investigates (and personally uses) each and every product she sells. It’s exactly her kind of dedication we need to keep our food supply secure (and the world safe for democracy). Why not show her some love via her affiliate shopping links?
As I head over to Vani’s web site to go shopping, I’m reminded of a poignant warning The Babe once penned on the subject of chewing gum:1
“And what’s up with the warning at the bottom of some of the ingredient lists for “Contains: Phenylalanine”? Does the average person even know what this means? Phenylalanine is added to the ingredient Aspartame…
View original post 558 more words