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> The world is full of “thoughtful” people who have been taken in by frauds - Theranos is a recent example

Even more recently, "John Carmack and Amazon's $30 1TB thumb drives"

https://news.ycombinator.com/item?id=22018782

> For example, frauds often seem to work on smart people who aren’t smart in the specific field in which the fraud operates.

It also works where smart people are experts in the field the fraud operates. One of the greatest frauds in science was one where an archaeologist ( amateur ) duped the experts.

https://en.wikipedia.org/wiki/Piltdown_Man

Sometimes, in banking, finance and fine art, the scammers scam the experts in banking, finance and fine art.



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