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Scams News

Scams News From AOL News

Beijing Cops Bust Bogus ATM

By Jonathan AdamsJun 25th 2010 – 2:30PM
Chinahush.com

Chinahush.com

TAIPEI, Taiwan (June 25) -- Talk about a get-rich-quick scheme. Chinese police busted a man who installed a fake ATM in Beijing in order to steal unwitting users' bank accounts and personal identification numbers, according to a Beijing TV news report translated at Chinahush.com. The case highlights the proliferation of...

Background on Scams

A confidence trick is an attempt to defraud a person or group by gaining their confidence. A confidence artist is an individual operating alone or in concert with others who exploits characteristics of the human psyche such as dishonesty and honesty, vanity, compassion, credulity, irresponsibility, naivety and greed.

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