SCARS|RSN™ Psychology Of Scams: Chasing Your Money – A Psychological Trap

/SCARS|RSN™ Psychology Of Scams: Chasing Your Money – A Psychological Trap

SCARS|RSN™ Psychology Of Scams: Chasing Your Money – A Psychological Trap

SCARS|RSN™ Psychology Of Scams: Chasing Your Money – A Psychological Trap

Don’t Get Caught Chasing The Money – That Path Can Lead To

A specific form of self-entrapment that some victims struggle with is the urge to chase their losses. This is a syndrome very common to gamblers too!

Chasing losses simply mean trying to win back the money you’ve already lost by more. In the case of romance scam victims, it means not giving up on the fake relationship and even sending more money because of the fear of total loss – loss of the relationship and loss of the money already sent. This is especially prevalent after large amounts of money have been sent.

The Deeper The Hole The More You Want To Dig!

Unfortunately, chasing usually results in only one thing: more losses – which can then lead to more chasing – creating a vicious cycle that can be difficult to break.

Research to date shows that pathologically gamblers and drug addicts, and we believe romance scam victims also share many of the same genetic predispositions for impulsivity and reward seeking.

Just as substance addicts require increasingly strong hits to get high, compulsive romance scam victims pursue ever riskier ventures. Likewise, both drug addicts and problem victim endure symptoms of withdrawal when separated from the chemical or thrill they desire – namely the fake romantic relationship. And a few studies suggest that some people are especially vulnerable to both drug addiction and compulsive scamming because their reward circuitry is inherently underactive—which may partially explain why they succumb to scam in the first place.

Even more compelling, neuroscientists the romance scams and gambling alter many of the same brain circuits in similar ways. These insights come from studies of blood flow and electrical activity in people’s brains as they complete various tasks on computers that either mimic casino games or test their impulse control – unfortunately, no studies are yet available that tested romance scam victims in similar ways – but it is believed the scam and gambling produce the same results in the brain.

Romance Scams May Be As Powerfully Addictogenic As Gambling!

When we look at the behavior of romance scam victims we see strong parallels with gamblers, and applying gambling addition to romance scam victims provides a template to better understand the victims’ behaviors during the scam. Ironically, the addiction (mostly) ends with the discovery of the scam. However, just like with gamblers, scam many victims return to searching for their next “high” by going right back out and exposing themselves to the next scammer.

To learn about this is first hand – listen to a victim describe this in her own words »

We welcome your comments and insights into this subject and hope that you will share your own experiences to help others!

SCARS the Society of Citizens Against Relationship Scams Incorporated


SCARS|RSN™ Team

A SCARS Division
Miami Florida U.S.A.

 

Please Note: the purpose of our articles on the Psychology of Scam is not to present scientific papers but to help scam victims both understand their experiences and to provide a framework to discuss these issues with their counselors or therapists. This information is presented for education and entertainment purposes only. All psychological diagnosis should always be performed by a licensed mental health professional.

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FAQ: How Do You Properly Report Scammers?

It is essential that law enforcement knows about scams & scammers, even though there is nothing (in most cases) that they can do.

Always report scams involving money lost or where you received money to:

  1. Local Police – ask them to take an “informational” police report – say you need it for your insurance
  2. Your National Police or FBI (www.IC3.gov)
  3. The SCARS|CDN™ Cybercriminal Data Network – Worldwide Reporting Network HERE or on www.Anyscam.com

This helps your government understand the problem, and allows law enforcement to add scammers on watch lists worldwide.

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Visit our NEW Main SCARS|RSN Facebook page for much more information about scams and online crime: www.facebook.com/RSN.Main.News.And.Inromation.Home.Page

 

To learn more about SCARS visit www.AgainstScams.org

Please be sure to report all scammers HERE or on www.Anyscam.com

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Contact the law firm for the Society of Citizens Against Relationship Scams Incorporated by email at legal@AgainstScams.org

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SCARS/RSN™ RomanceScamsNow.com™™ is the official News Magazine of the Society of Citizens Against Relationship Scams™ Incorporated [SCARS]™ It is edited and published by the SCARS/RSN Team, a division of SCARS. SCARS is the world's leading anti-scam charitable nonprofit nongovernmental organization, based in Miami Florida U.S.A. Its founder has been involved in combating online fraud since 1991. SCARS™ - the Society of Citizens Against Relationship Scams Inc. is a charitable nonprofit nongovernmental organization (NGO) dedicated to advocating victim's causes and changing government and law enforcement attitudes toward online fraud for good! Please join us in becoming a member of SCARS - it's free! Add your voice so that the world will listen at last - just go to www.AgainstScams.org. The SCARS/RSN website and all of our publications (including social media) are maintained by our own staff employees and volunteers to provide you the most up to date information about scams & scammers from around the world. We show you how to avoid them or recover from them. SCARS is the only registered online crime victims' assistance & support organization in the world. Be sure to report scammers here. Also, visit our main Facebook page for more information about romance scams.

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