Interview · moment 11 of 17
Unpacking the Con Man Medium's Backstory Further
from The Gift · #97
Audio-only archive episode — no video to seek.
4 minGuest
More digging into how the book deal on the medium fell through once the Ponzi scheme surfaced, and Tim and Ray's running bit about how a gifted psychic couldn't foresee his own fraud getting caught.
- 38:38Tim identifies the Ponzi scheme as a cry for help from abuse.
- 38:54The medium has demonstrated success at fraud and is adept at being fraudulent.
- 39:23People have spent the last decade exposing cold readers and fake mediums.
- 39:36Teresa Caputo has never been found out, though she bombs frequently with general statements.
- 39:51Cold reading is a trained art form people have practiced for hundreds of years with established techniques.
- 40:16Tim argues the only people who are legitimately psychic may be those involved in financial fraud.
- 40:31A major book company with a vetting department got cold feet when the Ponzi scheme came out.
- 41:10Tim on grifters and cons: a grifter is a grifter and a con is a con.
- 41:25She tells breakfast stories without realizing she's conning people, rolling them out perfectly.
- 41:52The subject casually mentions her mark ran a successful Ponzi scheme in his early 20s and beat people over the head.
Teresa CaputoAmazing Randy