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Why Smart People Fall for Scams artwork
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Why Smart People Fall for Scams

CBS Eye on Money by CBS News

Jul 23, 202628:32Business

Jill and Mark discuss a $50 million Ponzi scheme that ensnared dozens of investors with promises of big, risk-free returns. Then, they break down the emotional manipulation tactics scammers use to gain your trust and how...

About This Episode

Why Smart People Fall for Scams is an episode from CBS Eye on Money by CBS News. Jill and Mark discuss a $50 million Ponzi scheme that ensnared dozens of investors with promises of big, risk-free returns. Then, they break down the emotional...

Podcast

This episode belongs to CBS Eye on Money.

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Episode Details

Published Jul 23, 2026, 28:32 long, audio available.