49 pages 1 hour read

Faker

Fiction | Novel | Middle Grade | Published in 2024

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Background

Social Context: Financial Fraud and Cons

Within the world of the novel, Trey’s practical and ethical struggles highlight the complex world of confidence schemes from a much more personal perspective, illustrating the damage that such unethical practices can have on the livelihoods of people from all walks of life. As Trey and his family demonstrate, confidence artists (also known as “grifters”) essentially sell the emotion of confidence itself, often proclaiming that fraudulent investments are worthwhile to fleece their targets, or “marks.” Notably, these story dynamics are based upon real-world concerns about the widespread prevalence of financial fraud, which is defined by the US Bureau of Justice as “acts that intentionally and knowingly deceive the victim by misrepresenting, concealing, or omitting facts about promised goods” (“Financial Fraud.” Bureau of Justice Statistics). The US Federal Trade Commission has reported that in 2024, consumers lost a combined $12.5 billion to financial fraud, up by 25% from 2023 (“New FTC Data Show a Big Jump in Reported Losses to Fraud to $12.5 Billion in 2024.” Federal Trade Commission, March 10, 2025). In both years, approximately 2.6 million people reported fraudulent scams to the FTC, but in 2024, 38% of those actually lost money, up from only 27% the previous year.

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