Video: Three Brain Games Videos Demonstrate Why We Fall for Scams

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Nov 10, 2019
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Financial Scams, Video Resource, Behavioral Finance

Here's a few Brain Games videos that I watched over the weekend that can help students uncover scams:

Pigeon Drop

Con Artist Handbook

The Scam Illusion

Questions

  • Have you ever fallen for a scam?
  • What techniques do these scam artists use in these videos to con people? 
  • Which of the three scams do you think you would most likely have fallen for? 
  • What lessons can you learn from these videos so that you are not conned? 

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Create A Financial Scam Guidebook is a great activity where students research common financial scams and develop strategies on how to avoid them. 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.