John Darer reviews some ongoing structured settlement secondary market 
phone scams and aggressive sales tactics that target teenagers and young adults receiving structured settlements about which the potential victims should be mindful
- Claims that the caller works for the insurance company that issued the structured settlement annuity and you are owed money
- Claims that the caller works for the insurance company that issued the structured settlement annuity and they can restructure your money
- Claims that the caller or their company is calling "from the Courts"
- Calls targeting your teenage child about to turn 18 in the next 6 months
- Calls targeting your teenage child "with something in it" for you.
- Claims by the caller that they "have to file something with the Courts each year"
- Claims that you need to register your structured settlement in a non-existent "structured settlement registry"
- Pitches to get you on a Zoom or Teams call greeted by someone who is wearing a golf shirt, tshirt or other costume with an insurance company logo, appearing to "dress the part" after approaching you by claiming they work for an insurance company. If you encounter something like this, let me know (or the settlement planner you worked with when your structured settlement was established if still in touch with them) and one of us can assist in verifying the claim the individual works for the insurance company in any capacity related to structured settlements.
- Strategies "to place you on the do not call list" to avoid calls from court scraping competitors blinding you to an attempt to exert control over a future shopping process and their gaining access to your personal information for their data base.
A "Butt Naked" Exception Rather Than The Rule
Many of the callers possess no financial licenses. It's easy to verify if they possess a license and are registered to do business in your state. But when it comes to the secondary market, regulation of sales practices is a "butt naked" exception rather than the rule.
Just remember that the caller wants you to sell your annuity payments, and the best they have in their tank is just pennies on the dollar.
Always seek independent professional advice.
Selling A Structured Settlement in 2025? Get The 411 on Cash Now. Don't Be a Victim