Multi-step scam: How a financial columnist lost $50,000 in just a few hours. Charlotte Cowles fell for a multi-stage scam, which she recounts in detail in her approximately 30,000-character article.

According to their description, the scam is based primarily on the persuasive skills of criminals over the telephone. However, it also shows how quickly a single unexpected message can take people out of their everyday lives, similar to so-called shock calls or alleged Europol calls.