{"id":7495,"date":"2024-05-08T18:17:19","date_gmt":"2024-05-08T18:17:19","guid":{"rendered":"https:\/\/newmoneyreview.com\/?p=7495"},"modified":"2024-07-19T19:17:42","modified_gmt":"2024-07-19T19:17:42","slug":"gaslighting-for-money","status":"publish","type":"post","link":"https:\/\/newmoneyreview.com\/index.php\/2024\/05\/08\/gaslighting-for-money\/","title":{"rendered":"Gaslighting for money"},"content":{"rendered":"<p>Almost half of the crime now committed in the UK is now fraud, most of it taking place online. But only 1% of police resources are devoted to catching the fraudsters.<\/p>\n<p>In <a href=\"https:\/\/newmoneyreview.com\/index.php\/2024\/04\/23\/the-mind-games-of-cybercrime\/\">the last <em>New Money Review<\/em> podcast<\/a> I looked into how to bridge this alarming gap, exploring the mindset of the cybercriminal with my guest Sarah Armstrong-Smith.<\/p>\n<p><a href=\"https:\/\/blubrry.com\/newmoneyreview\/132533823\/gaslighting-for-money\/\">In this episode<\/a> I dig into a small, but disturbing and rapidly growing part of the multi-trillion electronic crime business\u2014romance fraud.<\/p>\n<p>My guest is Dr Elisabeth Carter, a criminologist and forensic linguist who works at the intersection of language and the law.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-7498\" src=\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/05\/Dr-Elisabeth-Carter_-1-scaled.jpg\" alt=\"\" width=\"450\" height=\"300\" srcset=\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/05\/Dr-Elisabeth-Carter_-1-scaled.jpg 2560w, https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/05\/Dr-Elisabeth-Carter_-1-300x200.jpg 300w, https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/05\/Dr-Elisabeth-Carter_-1-1024x683.jpg 1024w, https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/05\/Dr-Elisabeth-Carter_-1-768x512.jpg 768w, https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/05\/Dr-Elisabeth-Carter_-1-1536x1024.jpg 1536w, https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/05\/Dr-Elisabeth-Carter_-1-2048x1365.jpg 2048w, https:\/\/newmoneyreview.com\/wp-content\/uploads\/2024\/05\/Dr-Elisabeth-Carter_-1-165x109.jpg 165w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><\/p>\n<p><em>Elisabeth Carter<\/em><\/p>\n<p>She\u2019s recently published <a href=\"https:\/\/www.cambridge.org\/core\/elements\/language-of-romance-crimes\/8A21A458A88FB527C6AA4BEB2D0A0D46\">a book<\/a> in which she shows how criminal gangs exploit language to lure and then cheat their victims.<\/p>\n<p>Romance fraudsters exploit psychological weak points as well, making it look as if they are on the victims\u2019 side. As a result, when the fraud is exposed, the victim suffers both monetary and psychological harm. Even worse, the rest of us then often blame the victims, says Carter.<\/p>\n<p><a href=\"https:\/\/blubrry.com\/newmoneyreview\/132533823\/gaslighting-for-money\/\">Listen in for the next 30 minutes to learn more\u2014and how best to protect yourself<\/a>.<\/p>\n<p>We cover:<\/p>\n<ul>\n<li>Why a romance fraud often seems normal at the beginning<\/li>\n<li>How fraudsters harness the context<\/li>\n<li>Why a fraudster invites protective responses from the victim<\/li>\n<li>Secrecy, isolation and urgency\u2014trademarks of the crime<\/li>\n<li>Why romance fraud is a long con<\/li>\n<li>Why fraudsters give gifts<\/li>\n<li>Coercive control&#8211;the psychological harms of romance fraud<\/li>\n<li>How a romance fraud may escalate to physical threats<\/li>\n<li>Negligence or abuse\u2014should banks compensate fraud victims?<\/li>\n<\/ul>\n<p><em>Cover photo by Laili Sadr<\/em><\/p>\n<p><em>In each thirty-minute episode, the New Money Review podcast brings you the best minds from the world of money. <\/em><\/p>\n<p><em>From economics to payments, financial markets, technology, law, digital assets, crime and fraud, you&#8217;ll find an episode that interests you. <a href=\"https:\/\/blubrry.com\/newmoneyreview\/\">Listen in<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Almost half of the crime now committed in the UK is now fraud, most of it taking place online. But only 1% of police resources are devoted to catching the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":7497,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1013,1012,1053,1027],"tags":[1656,2263,2261,2040,2262],"class_list":{"0":"post-7495","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-account","8":"category-exchange","9":"category-featured-1","10":"category-our-picks","11":"tag-cybercrime","12":"tag-cybersecurity","13":"tag-elisabeth-carter","14":"tag-hacking","15":"tag-romance-fraud"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gaslighting for money - New Money Review<\/title>\n<meta name=\"description\" content=\"Romance fraudsters cause two types of harm - monetary and psychological. 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