The world--famous former con artist and bestselling author of Catch Me if You Can now reveals the mind--boggling tricks of the scam trade--with advice that has made him one of America's most sought--after fraud--prevention experts.
"I had as much knowledge as any man alive concerning the mechanics of forgery, check swindling, counterfeiting, and other similar crimes. Ever since I'd been released from prison, I'd often felt that if I directed this knowledge into the right channels, I could help people a great deal. Every time I went to the store and wrote a check, I would see two or three mistakes made on the part of the clerk or cashier, mistakes that a flimflam artist would take advantage of. . . . In a certain sense, I'm still a con artist. I'm just putting down a positive con these days, as opposed to the negative con I used in the past. I've merely redirected the talents I've always possessed. I've applied the same relentless attention to working on stopping fraud that I once applied to perpetuating fraud."
In Catch Me if You Can , Frank W. Abagnale recounted his youthful career as a master imposter and forger. In The Art of the Steal, Abagnale tells the remarkable story of how he parlayed his knowledge of cons and scams into a successful career as a consultant on preventing financial foul play--while showing you how to identify and outsmart perpetrators of fraud.
Technology may have made it easier to track down criminals, but cyberspace has spawned a skyrocketing number of ways to commit crime--much of it untraceable. Businesses are estimated to lose an unprecedented $400 billion a year from fraud of one sort or another. If we were able to do away with fraud for just two years, we'd erase the national debt and pay Social Security for the next one hundred years. However, Abagnale has discovered that punishment for committing fraud, much less recovery of stolen funds, seldom happens: Once you're a victim, you won't get your money back. Prevention is the best form of protection.
Drawn from his twenty-five years of experience as an ingenious con artist (whose check scams alone mounted to more than $2 million in stolen funds), Abagnale's The Art of the Steal provides eye-opening stories of true scams, with tips on how they can be prevented. Abagnale takes you deep inside the world and mind of the con artist, showing you just how he pulled off his scams and what you can do to avoid becoming the next victim. You'll hear the stories of notorious swindles, like the mustard squirter trick and the "rock in the box" ploy, and meet the criminals like the famous Vickers Gang who perpetrated them. You'll find out why crooks wash checks and iron credit cards and why a thief brings glue with him to the ATM. And finally, you'll learn how to recognize a bogus check or a counterfeit bill, and why you shouldn't write your grocery list on a deposit slip.
A revealing look inside the predatory criminal mind from a former master of the con, The Art of the Steal is the ultimate defense against even the craftiest crook.
From the Hardcover edition.
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|Title of eBook: The Art of the Steal|
|Release Date: 01-29-2002|
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|Publisher: Crown Publishing Group|
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The Art of the Steal
[PUTTING DOWN A POSITIVE CON]
There's this thing they always say about con men: they live a chameleon existence. That was certainly true for me. I'd find myself in an unfamiliar situation and I'd quickly adapt. And that's just what I did when they sent me to prison. I adapted to the role of prisoner, and I lived a life dictated by my imagination. In so many ways, the role felt small and unreal, when in fact it was the only real role I had lived in a long time.
Being cooped up in a confined space didn't suit me, so I sort of half-lived, numbed to my existence, waiting patiently for a second chance. My battle plan was to always be on my best behavior, in the hope that this would enable me to get out early. The problem was, the better I behaved, the more convinced the prison officials were that I was up to no good. Twice I came up for parole and was refused. One of the members of the review committee actually said to me, "I see that your record is perfect, and that's a problem. That tells me you're still conning the prison and getting away with it." In other words, if I had gotten into some fist fights or mauled a guard, then I might have gotten parole.
Everything I did right was always assumed to have an ulterior motive. That's what happens when you have a reputation, and the reputation is that of a master con man.
I had been imprisoned for six months in France and another six months in Sweden, and now I was in my third year of a twelve-year sentence in the Federal Correctional Institution in Petersburg, Virginia. But I wasn't one of those inmates constantly prattling about his innocence. There was no doubt that I deserved to be behind bars.