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The History of Scamming ...and how to stay safe

The History of Scamming ...and how to stay safe

Paperback

EconomicsGeneral EducationGeneral World History

ISBN10: 1778838332
ISBN13: 9781778838330
Publisher: Bookside Press
Published: May 6 2026
Pages: 134
Weight: 0.55
Height: 0.36 Width: 6.00 Depth: 9.00
Language: English
The practice of scamming can be traced back to 300 B.C. the infamous case of Hegestratos, a Greek sea merchant who took out a loan secured by his ship and cargo, only to sink the ship to pocket the money. This early example of fraud set a precedent for many insurance scams that followed.

In ancient Egypt, tax collectors were known to inflate the weight of goods to extract more taxes from citizens. Similarly, in ancient Rome, merchants manipulated scales to deceive customers, showcasing that scams have existed as long as trade and commerce.

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Hunton, Hmc Usn Ret Bud W.

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Economics