Another insight about frauds from Lying For Money: just like frauds naturally increase in size over time (they have to to cover previous lies) the scale/audacity/evilness of the fraudulent behavior has to increase, too, for same reason.
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Fraudsters report feeling trapped and often say they’re glad they are caught, because they made one little mistake in the beginning, defrauded X to cover it, and then the fraud snowballed (as frauds must).
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Note that “Simply stopping” stops being an option early because on day 1 it might have been a “You’re fired” situation but in later stages you’re obviously going to prison for life for hundreds of discrete crimes and so you have to force yourself to go back to the office.
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And you’ll likely have convinced your more gullible friends/family to join you as accessories, because again, the fraud needs to get bigger and who can you hire to operate it that you can trust to not immediately call the police.
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Replying to @patio11
30 years ago, in USAF ROTC summer training we were given an interesting bit of training. Some scenario was presented, and there was an opportunity to help out a friend with a very minor paperwork infraction, and you could do it, or not. The the second step: >>>
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you have to cover up the initial paperwork infraction...and the "obvious" solution was to just fudge a bit more. The exercise continued like this, up to some catastrophic result (I forget the details). >>>
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In game theory terms at the first step, you paid a cost of 1 to buy 2 utils...but now you're going to lose those 2 utils plus 2 more, unless you stick your toe a bit deeper in. Some similarities to the dollar auctionhttps://en.wikipedia.org/wiki/Dollar_auction …
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