How to Spot Scammers in a Debt Support Group


I wish I didn’t have to write this blog post. Unfortunately, this is a reality. You have to remember that there are certain people who join debt support groups with an ulterior motive. They’re not there to fix personal financial bad decision-making habits. They’re not there to solve a problem. What they’re there for is to actually make money.

These people are looking for individuals who make bad financial decisions because they know that these people are easy to recruit at pyramid schemes. They know that these people are easy marks for Ponzi schemes. Not surprisingly, these are the last people that you want to do business with. They only have one agenda. Their agenda is to rob you of your money through fraudulent means.

So how do you spot these scammers in debt support groups? Keep your eyes peeled for the following factors.

They Seem Overly Friendly

You have to remember that if you are joining a group of perfect strangers, it’s okay to be standoffish. It’s okay to treat everybody at arm’s length. This just goes with the territory.

Hopefully, as you know more about each other and as you become comfortable with each other, you become more friendly. However, be suspicious and skeptical when you meet somebody who is just overly friendly. This person carries himself/herself like he/she is a long-lost friend from high school. You can tell that there’s an agenda here because most people aren’t that friendly.

They Seem to Have Easy Answers for Everything

When you ask them about what they’re doing and about the opportunity they’re talking about, they seem to be too slick. They seem to have very easy answers for common questions you come up with. This is a red flag because you can tell that these people have been coached or they’re thoroughly prepared for your questions.

People with serious business opportunities don’t have all the answers. In fact, the reason they don’t have all the answers is because these answers aren’t answers at all. They’re actually just evasions or slick excuses. These slick excuses are made all the more insidious because they try to prey on your insecurity, fear, or greed. So beware of people who throw all sorts of slick and easy answers your way because they’re basically just blowing smoke your way. They’re essentially just trying to con you out of your hard-earned dollars.

If you think that you are being treated to a long list of slick answers, then you need to drill down. You need to ask more and more granular and tougher questions. Eventually, when they reach a point where they can no longer come up with slick responses, then you’ve got them. At the very least, you put them on notice that you are using those eight pounds of gray matter in between your ears.

The good news is that people who ask a lot of questions tend to get defrauded less because the scammers actually have to spend more time, effort, and energy convincing these people. Eventually, they would reach a dead end as far as return on investment or return on effort is concerned. They would then switch to other people who are more trusting or who don’t ask penetrating questions.

You have to remember that scammers are always rolling the dice. To them, it’s all a numbers game. They will not waste any time on people who basically just call them out or suck up too much of their resources. Their primary resources and investment, of course, are their time and effort. So if you keep asking lots of questions and they are very different questions that drill deep and are actually quite logical, they might get scared of you. That’s the best thing that could happen.

All Their Answers Seem to Lead to the Same Place

If you ask questions to a potential financial Ponzi scheme scammer, you would notice a particular pattern. Just as all roads lead to Rome, you would notice that their answers all lead to the opportunity. They seem to be intentionally crafting their answers so they can keep pushing and pushing whatever scam program it is that they are promoting.

Be aware of this pattern because this shows you that their agenda is set. They’re not really interested in solving your problems. They’re not really interested in reaching out to you as a human being. They’re focused primarily on what benefits them.

So protect yourself by just blasting them with lots of questions that lead to more questions, and to further layers of questions. You need to do this to protect yourself because scammers who hang out at debt support groups might actually make your financial problems even worse. So don’t fall for this trap. Learn to spot these people, call them out, and deal with them accordingly as soon as possible.