The Grift

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We have spent the better part of the last decade debating about Trump and his coterie of Grifters that define both his business, Trump Enterprises (whatever those were) that included Real Estate, Casinos, Clothing Lines, Wine, Classes/Seminars, Steak, and other labeled brands that extended to other members of the Family that shared the name of Trump. From the seat in the White House he managed to further extend that brand to the point it drew attention from the State of New York which prosecuted members of his corporation, his personal Attorney and finally Trump himself for acts of duplicity and fraud regarding his real estate “empire.” That led to a massive penalty which he will not or will pay and this will go on perhaps for years more. There are other debts, trials and tribulations that seem to never have an end game in sight and that is what falls into that classification of the “Long Con.” A long con is one that takes place over a much longer time frame, I feel the story on John Oliver’s show regarding Pig Butchering is a great example of one of the current crops of long con. Bitcoin is a fabulous example of how that also plays into this story. A great long con if ever there was one, with the nefarious invisible “Banksy” who created all this but no one really knows who he is, where he is and what is this about? But even Kara Swisher in her new Memoir writes of another in Silicon Valley, Mark Zuckerberg, who may be perhaps the best at this new type of Grift. Social Media is one long con.

This article in the New York Times discusses the growth of the Grift. And where I found this definition which I have paraphrased and added my own comments.

The difference between a Grifter and “Grafter” are often tied together. “Grift” evokes not so much specific criminal acts as a broad, opportunistic racket, executed with a bit of cunning and panache; Grafters are stolid and conventional, lining their pockets and then quietly retreating to one of their several homes. A Grifters has both flair and ambition, who seem to delight in the con itself — the cleverness of the scheme, the smooth ease with which the marks were gulled. So while Trump is a classic grifter take a look at many who attach themselves to his varying schemes and plans. Many worked for him during his Administration quickly extricating themselves post January 6th but would happily Vote and/or work for him again if the opportunity arose. A Grifter loves a Grafter as they give them legitimacy. I prefer the term “Enablers” which is another way of allowing or permitting if not encouraging the behavior, a person usually associated with Addiction and there is no greater addiction than money. All of Venture Capitalists are some type of Enabler. Without them or the banks would Sam Bankerman Fried or Bernie Madoff made as far and in his case as long without them?

Now we are all being grifted or are grafters at some point. We take an opportunity and we work it to our advantage. I like to think of Real Estate Agents as the lowest on the professional totem pole who play the role of Counselor, Financial Advisor and Best Friend as you try to buy or sell a home. They dip their wick in both pots often coming out well ahead of the game when you are working with one and this adds to the price of housing and why many cannot afford to as they work in tangent with another Grafter, the Mortgage Broker/Agent. Banks are not the only one who writes these loans and they too have a massive interest in making money, yours. The process of this led to a massive financial crisis in 2008 and yet not one saw a trial or a penalty in the process for this and many banks were bailed out and rescued from their misdeeds. But without the Agents and these secondary lenders, few would have made it to sign the papers and make the sales of a product they could not afford. Used Car Salesman get a bad rap, add Real Estate Agents to the list. There are many many more stories about Real Estate Agents and their acts of fraud and duplicity, and by far more costly. Just Google “Real Estate Fraud” to see the list of crimes they have committed.

This week a neighbor and her husband moved out of my building. He is a Surgeon and she is a “Model”/ Real Estate Agent. I did not like nor dislike them I simply lived down the hall from them and kept it at that. Upon their final move out our Refuse room was full of their rejects, disgusting broken furniture, filthy smelling couch cushions, and largely junky items that seemed to be from a college dorm than an adult professionals home. Their move out was done in a small order Uhaul truck with two hired hands who packed what they took with them to relocate to Pittsburgh. To say crap in both quality and design is to be polite. I had to remind myself that this Man was a fucking Surgeon and this filthy shit is his? His wife the model did not adorn herself with the quality of designer goods but they did have three vehicles, two Porches and Volvo. Well priorities. And while living in a building that is largely filled with Asian families and Students who live very cheaply I did laugh as it explains why the fascination with my decorated digs is a source of discussion. And for the record many many folks who rent now are taking it upon themselves to decorate and design living spaces that reflect their taste. And yes folks what comes up can come down and if you are responsible you restore, replace all what you did back to the shit the building gave you. Or you can be like the Doctor and his wife, leave it there and pay for that via forfeit of the damage deposit. Clearly he has the cash. But man would I want that Man operating on me? NO! Again, this is a choice and it takes a weekly wander outside any apartment building at end of month to see the treasures and trash left behind.

And that too is another kind of Grift, the tip. There is now an industry tied to the Tipping Economy. The complaints about the added “service fee” and the mandatory tip on screens when at the Bakery or Butcher even have made one wonder what is appropriate and how much also has become an insidious way of doing business. Living in already overpriced multi family housing means Tips at the Holiday time are mandated if not expected. For many the strain of tipping a building with often dozens of staff, many invisible can be an expensive proposition. To give you an idea, we have in our Building we have Six Front Desk Staff, some whom work Graveyard and often have limited Tenant contact but no less an important job in which to provide security and maintain package inventory and distribution for those who do collect them at odd times. The cleaning and maintenance staff are (often at times) 10 in number and do most of the heavy lifting; Add to that the Superintendent who oversees that crew and lastly the Manager and when we have one, an Assistant. (And for the record the Manager has massive problems holding staff so the turnover is high and often overtly dramatic adding to buildings toxic demeanor) So, at one point we have over 18 people we have to pay at some point, and how much and do all of them get it? I mean the fat fuck who is the Gossip troll deserves the most as that way you won’t be gossiped about right? He should get the most too as he is fat, old, barely walks and is a troll right? Over the young girl who works her ass off. But how about the former Lead who used her position as “helping people” by enabling those with Dogs and Kids to be largely ignored when the kids were running wild in the gym unsupervised or the Dogs shit everywhere or the ones that killed a dog and another attacking a woman, but they were “good” Tenants as they tipped more and more often. So that is hierarchy in Apartment living, who tips, how often and how much matters. And there are a lot of holidays and dates of import. Valentines Day, Lunar New Year, Holi, their birthdays, your birthday all are on the calendar and have cards ready in which to shove in that obligatory payment.

We think of Grift as something associated with Politicians and there is no greater profession guilty of it, but it is everywhere. It is the way we assert our control and and influence even in the most benign of situations. And with that we are not exempt from the fraud, the duplicity and the guilt associated with our role as Grifter or Grafter. The recent story about the New York Times Reporter who handed over 50K in cash to a recent scam, but the Bank who willingly handed over 50K in cash is the same banker who is supposed to notify the IRS if you have deposited more than 10K in your account to notify them as earnings. Or the payment apps if you have transfers exceeding 300 dollars. The Police who will take any amount a cash during a traffic stop legally as a it too is suspect under the guise of Civil Forfeiture. So that Estate Sale, Car Sale, or some transaction is all watched or monitored or taken as it is all seen as gotten gains. But taking it out and in cash to pay an extortion not a problem in the least.

Grift or Graft, the Con, the Long Con and we are all players or victims in the game. This article from Psychology Today explain who is more likely to be a victim, but in reality we all are at some point players in this game. It is just how much you lose what matters. We are all pigs waiting to be butchered.

The Art of the Con and Why People Fall for It

How the con is pulled off, why fraudsters are successful, and how to spot them.

Posted September 26, 2019 | Reviewed by Jessica Schrader

By definition, a con artist is a manipulator who cheats, or tricks, others through persuading them to believe something that is not true. Through deception, they fool people into believing they can make easy money when, in fact, it is the con artist who ends up taking the victim’s money. The criminal and legal consequences of such indiscretions can be insignificant or great, depending on the circumstances and the laws of the land. In the course of co-authoring The Crime Book, which covered more than 100 crimes, I researched and wrote a chapter about con artists. Their crimes are varied, as are their behaviors. But the one thing they each have in common is the power of persuasion to take advantage of unsuspecting people.

Name of the Game

The confidence game, as scam artistry is called, is one of the oldest tricks in the trade. It exploits people’s trust. Human nature is on the side of these masters of fraud when it comes to defrauding their marks, or victims, and contributes to the con’s enduring success. Perpetrators have been referred to everything from flimflam operators, hustlers, grifters, and tricksters. The victims have been called marks, suckers, and gulls. And while media publicity has further romanticized cons and put their crimes in the public eye, their actions are anything but glamorous.

Even further, the cost of the capers to victims may run anywhere from a couple hundred to a few million dollars, with some victims learning the hard way, using their own free will, that when an offer seems too good to be true, it probably is. In fact, the Federal Trade Commission reported that people lost $1.48 billion to fraud in 2018, an increase of 38 percent in 2017.

It Can Happen to You

How do unsuspecting people get duped to begin with? After all, even the most rational people have proven susceptible to crimes of trickery. That’s because con artists often prey on people’s trust and their propensity for believing what they wish was true—especially with get-rich-quick schemes and individual’s desire for a quick buck. They let their guard down and buy into what con artists feed them—all in the belief of the scammer and a high rate of return in exchange for a small investment, albeit a shady deal. But the convincing scammer skews the victim into thinking the payoff will come true and the scheme is legitimate.

Some famous con artists were at the top of their game—until they ultimately got caught. With impersonator Frank Abagnale and international career jewel thief Doris Payne, they are the epitome of the swindling game. By their own rights, they became experts at the art of the con and successfully evaded law enforcement for years. Two centuries earlier, Jeanne de la Motte, a cunning Frenchwoman, orchestrated a diamond necklace affair, which was one of several scandals that led to the French Revolution and helped destroy a monarchy.

Other significant confidence criminals, from forged artwork to fake manuscripts—Elmyr de Hory, a Hungarian-born forger of Picassos and Matisses, who sold more than a thousand pieces to art galleries worldwide, and novelist Clifford Irving, who wrote a fabricated autobiography of reclusive billionaire Howard Hughes. These stories break down how grifters pass off their own works as those of masters and literary greats—but eventually they too were caught.

A con artist can execute remarkable expertise in their trickery, as with Czechoslovakian Victor Lustig, who in an underhanded plot sold the Eiffel Tower for scrap metal—not once, but twice.

Psychology of the Con

Each of these con artists have one thing in common: the power of persuasion to swindle their victims. The successful ones exhibit three similar characteristics—psychopathy, narcissism and Machiavellianism—which have been referred to by psychologists as “dark” personality traits.

Those characteristics allow con artists to swindle people out of their money without feeling any remorse or guilt. Another thing most chiselers have in common are their egos. These extortion sales people boost the psyche of the perpetrators and make them feel even more confident, thus the description of the con has been termed as a confidence game.

Because cons often change their identities as part of their game, it can be pesky for law enforcement to catch them. Also, police may not even go after them when the crime has to do with bilking property and even money from their marks. That’s because the law can consider the loss a civil issue and not a legal one, unless it’s a corporate white-collar crime, such as those committed by Bernie Madoff, a former stockbroker, financier, and operator of a massive pyramid scheme that perpetrated the largest financial fraud in recent US history. Going after grifters is often of low status, more difficult to prove, and less likely to be prosecuted, with violent crimes and terrorist acts of higher priority.

That happenstance leads to a message for everyday people: Buyer beware.