Why are some financial fraudsters so overconfident?

[neku]

I have noticed that some people masterminding massive financial fraud are extremely confident that they will get away with the fraud. Have these fraudsters got away with cheating a large number of people, or is there any other reason for their overconfidence?

 

[Augusta]

Some people are just hold on all aspects. So even while they are trying to steal they always remain confident and bold

 

[Suba]

Of course, fraudsters must not only be confident but also clever, convincing victims that they are serious and that they are from a legitimate institution. Weaker individuals are easily fooled and lose their money.

 

[King Belieal]

Financial fraudsters that are so confident have had some measure of success in the past defrauding people. They always feel like masters in fraud.

 

[Nomad]

Because they know that people are very greedy and they can easily feast on people's greed. They also know people are looking for short cuts to grow wealth

 

[eLdavis]

Majority of them feel confident simply because they believe they are pretty good at what they do so they won't be caught.

 

[freelancermaria]

Financial fraudsters must be confident to succeed in their schemes. They excel at deceiving people and evading consequences for their actions.

 

[Augusta]

This always come from.past experience. If they are successful at some it gives them the morale to go ahead.

 

[Min George]

Some financial fraudsters feel really confident because they think they have secured all loopholes in their enterprises.