The Matthew Principle and Scammers Getting Richer – 2024
The Matthew Principle and Scammers Getting Richer
The Economic ‘Matthew Principle’ Applies to Companies, People, and Strangely to Scammers & Victims Too!
Primary Category: Online Criminology
Author:
• Tim McGuinness, Ph.D. – Anthropologist, Scientist, Director of the Society of Citizens Against Relationship Scams Inc.
About This Article
The Matthew Principle, which describes how “the rich get richer and the poor get poorer,” applies not only to economics, education, and science but also to online scammers and their victims.
Successful scammers, who accumulate resources, knowledge, and connections, become increasingly effective and target larger, more vulnerable victims. As they grow, their operations scale up, making them harder to detect and stop, while victims who have already been scammed are more likely to be targeted again.
