do you believe in Hypnosis?

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In the Philippines, there's still gang of charlatans, we call them "budol-budol". They have different strategies of luring people into their nets. The most common way they do "business" is they would go in groups of 3's or 4's, some are well dressed others with ordinary clothes; it depends of what their strategy is. They often promise to make the small amount of money you have, double or tripple it's amount, you have to trust them for it and etc. Other strategies would be to call your house ask the maid to bring all money and jewelries because the master of the house met and accident and money is needed in the hospital.. etc. Whenever these victims are asked why they gave up such huge amount of money to people they never met, their most common answer was - they've been hypnotized. Hmm.. what do you think? Do you believe in hypnosis?