Jack Recider

Here's another one from Droumont University, a fake university created by Agsact.

Here's another one from Droumont University, a fake university created by Agsact.

Okay, I think it's pretty shady to not only lie to your customers, to make them think that this school is real, but to also pose as a teacher and act like an expert in your field and give students a bad education. It's one thing just to sell them a fake degree, but it's a whole nother thing to like give them a false sense of knowledge of anything. I just think that's a pretty dirty trick.

Okay, I think it's pretty shady to not only lie to your customers, to make them think that this school is real, but to also pose as a teacher and act like an expert in your field and give students a bad education. It's one thing just to sell them a fake degree, but it's a whole nother thing to like give them a false sense of knowledge of anything. I just think that's a pretty dirty trick.

The marketing team was pretty good at drumming up new victims for this scam. They would spend a lot of money on Google ads, hyper-targeting certain degrees and regions, scraping resumes off job sites, targeting people on social media, and running SEO campaigns to get their school ranked higher in the search results. How much do you think this company was making from all this?

The marketing team was pretty good at drumming up new victims for this scam. They would spend a lot of money on Google ads, hyper-targeting certain degrees and regions, scraping resumes off job sites, targeting people on social media, and running SEO campaigns to get their school ranked higher in the search results. How much do you think this company was making from all this?

Alright, so you told me step one and step two. Are there more steps to this? Like, I just imagine you could just keep rinsing and repeating. Start over, take that victim, sell him another degree.

Alright, so you told me step one and step two. Are there more steps to this? Like, I just imagine you could just keep rinsing and repeating. Start over, take that victim, sell him another degree.

Wow, this is just getting nuttier and nuttier. And you know, it's the classic con game that once you get someone on the hook for a little bit of money, you can just keep upping it and upping it. And it works because that person has already gave you some money. We humans have this flaw in our operating system regarding sunk costs.

Wow, this is just getting nuttier and nuttier. And you know, it's the classic con game that once you get someone on the hook for a little bit of money, you can just keep upping it and upping it. And it works because that person has already gave you some money. We humans have this flaw in our operating system regarding sunk costs.

It's hard for us to break off of something that we've already poured a lot of money and time into. So at this point, these people have already spent thousands of dollars on their fake degree. And it's just from that alone that this whole thing becomes important to them, that they don't want to lose it. And since it's already cost them thousands, they're like, okay, I'll pay a couple thousand more.

It's hard for us to break off of something that we've already poured a lot of money and time into. So at this point, these people have already spent thousands of dollars on their fake degree. And it's just from that alone that this whole thing becomes important to them, that they don't want to lose it. And since it's already cost them thousands, they're like, okay, I'll pay a couple thousand more.

And this is called the sunk cost fallacy. And it's crazy how effective it is against us.

And this is called the sunk cost fallacy. And it's crazy how effective it is against us.

So not only are people getting extorted by X-Act, but these degrees were catching up with people. There was one guy who bought a fake degree, and then he got a job as a criminal forensic psychologist. And he used his degree to get the job. And then he worked on 700 cases, giving his expert advice on them before they found out he had a fake degree. They arrested him and threw him in jail for that.

So not only are people getting extorted by X-Act, but these degrees were catching up with people. There was one guy who bought a fake degree, and then he got a job as a criminal forensic psychologist. And he used his degree to get the job. And then he worked on 700 cases, giving his expert advice on them before they found out he had a fake degree. They arrested him and threw him in jail for that.

And I think they had to reopen all those cases that he was an expert forensic psychologist on. And there was this Olympic diving coach who got in trouble for using his fake degree to get a job as a diving coach at Indiana University.

And I think they had to reopen all those cases that he was an expert forensic psychologist on. And there was this Olympic diving coach who got in trouble for using his fake degree to get a job as a diving coach at Indiana University.

Oh my God, now they're converting the victims into money mules? Okay, so a money mule is someone who accepts like stolen money from someone else and then sends that to scammers. And this makes it harder for banks and law enforcement to detect where stolen money is going. And the money mule typically doesn't know that what they're doing is illegal.

Oh my God, now they're converting the victims into money mules? Okay, so a money mule is someone who accepts like stolen money from someone else and then sends that to scammers. And this makes it harder for banks and law enforcement to detect where stolen money is going. And the money mule typically doesn't know that what they're doing is illegal.