Psychopaths and sociopaths 7

Here are the elements for sociopathic behavior:

1. Callous unconcern for the feelings of others.
2. Gross and persistent attitude of irresponsibility and disregard for social norms, rules, and obligations.
3. Incapacity to maintain enduring relationships, though having no difficulty in establishing them.
4. Very low tolerance to frustration and a low threshold for discharge of aggression, including violence.
5. Incapacity to experience guilt or to profit from experience, particularly punishment.
6. Markedly prone to blame others or to offer plausible rationalizations for the behavior that has brought the person into conflict with society.

(credit to Wikipedia)

     Review all you want the case histories we have been looking at over the past year.  Review again all the stories about Bernie Madoff and Alan Stanford and others - look at their behavior and their actions. 

    Fraudsters are sociopaths because of their inability to relate to other people.  Fraudsters have no problems blaming their behavior on "outside forces" or other people or rationalize what they do because they simply cannot relate to the feelings and experiences of others. 

    I would respectfully submit, therefore, that a fraudster does not just behave the way he does because he is looking for a "quick buck," but because the fraudster does not know of any other way to behave.

NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR IS IT INTENDED TO BE LEGAL ADVICE.  IF THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.

Have a great and fraud-free day.

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