Has anyone here actually fallen for a honeypot trap? Share your story! or How effective are honeypot

Not me, but a coworker once plugged in a USB drive labeled "Payroll Q2" he found in the parking lot.

Yep, honeypot trap.
IT caught it before anything bad happened, but now we all get quarterly training on physical security threats.

Tools like Canary Tokens are great for setting up your own bait.