Conspiracy beliefs can have a significant destructive impact on sustainable development. When individuals embrace conspiracy theories, it can result in social mistrust, polarization, and even harmful behaviors. Previous studies linked creativity to intelligence and fairly evidenced links between conspiracy beliefs and paranoid thinking and diminished psychological wellbeing. Therefore, the purpose of this study was to explore the associations between conspiracy beliefs and creativity, negative attitudes toward people, and psychological wellbeing. Based on the data derived from the ESS10, several relationships using mediation and SEM analyses were disclosed. The study confirmed that positive attitudes toward people significantly negatively predict conspiracy beliefs and significantly positively predict psychological wellbeing and self-reported creativity, while psychological wellbeing significantly negatively predicts conspiracy beliefs and is a mediator in the links between attitudes toward people and conspiracy beliefs. The SEM model demonstrated an acceptable fit, χ2 = 987.210; Df = 16; CFI = 0.989; TLI = 0.975; NFI = 0.989; RMSEA = 0.040 [0.038–0.042], SRMR = 0.039. The study supported the insights of A. Hon that “conspiracy theories thrive in the absence of trust”. However, there are several avenues for future research to address potential limitations, including using more comprehensive scales, employing diverse research methods, controlling for confounding variables, or exploring potential moderating variables, such as personality traits or cultural factors.