Science Friday Initiative
Science Friday: Gullibility
Why do some people fall victim to scams and deception? A psychology professor, who himself fell for a scam, discusses the role of gullibility in scams. Aired Jan. 9, 2009 [17:47 min]
Khan Academy
Khan Academy: Mutual Funds: Ponzi Schemes
Explains how a Ponzi scheme and other investment scams work.
Khan Academy
Khan Academy: Ponzi Schemes
This video [11:42] focuses on Ponzi Schemes, a fraudulent investing scam which generates returns for earlier investors with money taken from later investors. This is similar to a pyramid scheme in that both are based on using new...