Fake Life Insurance Schemes Explained

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(00:00) - Intro
(03:32) - Who Scams More: Men or Women?
(22:45) - Fake Dating Scams
(35:58) - What Can People Do with Your Data?
(39:26) - Fake Life Insurance Scams
(53:39) - How Do People Who Scam Feel?
(56:14) - Scamlords
(1:03:10) - What Is the Pig Butchering Scam?
(1:14:04) - Unemployment: Who Is Responsible?
(1:18:34) - Are Scams in India Region-Based?
(1:23:06) - BTS
(1:23:33) - Outro

In today’s episode, we have Snigdha Poonam, journalist and author of Scamlands, exposing the hidden economy of scams.

We discuss who scams more, how scam companies operate, and what happened when one tried to recruit her. She breaks down India’s fake dating app networks, China-linked scam empires, and how Indian money flows overseas. The conversation covers document black markets, life insurance fraud, hospital involvement, and why scammers often see themselves as startup founders.

We also explore pig butchering scams, why young people join scam jobs, whether guilt exists inside these offices, and the uncomfortable truth about victims. Snigdha reveals the geography of fraud in India and stories like the Helicopter Brothers. This episode uncovers the systems, psychology, and incentives behind modern financial crime.

Subscribe for more such conversations.

Follow Snigdha Poonam Here:

Instagram: https://www.instagram.com/snigdhapoonam

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⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠About Raj Shamani

Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space.

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About Figuring Out

Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.