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by  |  27-Sep-2016 08:40

Step two in the dating scam guide deals with "developing a virtual relationship." Scammers are told to ask lots of questions about their targets, paying particular attention to their past relationships.

Vendors also list guides on how to commit other illegal activities.

The documents are often sold for small amounts of money, but the price barrier, the need to pay with Bitcoin, and the fact that they're only available on the deep web prevents the guides from being circulated widely.

That's the final step, as the scammers leave with thousands of dollars, and the storyline has finished.

Download this podcast SARAH GREEN: Welcome to the HBR Idea Cast. I’m talking today with Paul Oyer, Professor of Economics at Stanford’s Graduate School of Business. SARAH GREEN: So Paul, I’d like to just kick off by talking a little bit about the economic concept of search costs.

After a week, scammers are told to call the target and claim that their "husband/father/pimp/whoever" got "drunk/high/whatever" and attacked them.

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