The Art of the Scam: How I Lost $20,000 to a Con Artist

TLDRA priest gets conned out of $20,000 in a fundraising scam orchestrated by a con artist. The con artist uses various tactics to gain the priest's trust and convince him to make a substantial donation. The priest realizes he has been swindled when he discovers that the insurance company and bank mentioned in the scam do not exist.

Key insights

🎩The con artist used persuasion techniques to gain the priest's trust and convince him to make the donation.

💰The priest was swindled out of $20,000 in a fundraising scam.

📞The con artist used a pay phone as part of the scam to avoid being traced.

🕵️The police investigated the scam but were unable to find any leads.

😔The priest feels remorseful and responsible for falling victim to the scam.

Q&A

How did the con artist convince the priest to make the donation?

The con artist used persuasion techniques and created a sense of urgency to gain the priest's trust and convince him to make the donation.

Did the police catch the con artist?

No, the police were unable to find any leads and the con artist got away with the scam.

How did the priest realize he had been swindled?

The priest discovered that the insurance company and bank mentioned in the scam did not exist.

How much money did the priest lose?

The priest lost $20,000 in the fundraising scam.

What category does this video fall under?

Category 8: Finance

Timestamped Summary

00:00[Music]

01:17A priest is approached by a con artist who convinces him to make a $20,000 donation in a fundraising scam.

12:21The priest realizes he has been swindled when he discovers that the insurance company and bank mentioned in the scam do not exist.

15:30The police investigate the scam but are unable to find any leads.

13:00The priest feels remorseful and responsible for falling victim to the scam.