7 Influencer Scams To Avoid If You Want To Protect Your Money

Have you ever scrolled through social media and thought, Wow, this person is making six figures a month, how do I get in on that? Same. Social media is flooded with people claiming they’ve cracked the code to overnight success, passive income, or early retirement. But here’s the truth: many of these so-called experts are selling dreams, not real opportunities. And unfortunately, their business model often depends on taking your money. Let’s talk about this in more depth!

As a financial educator, I’ve seen too many people fall for scams that look legitimate on the surface, but end up being nothing more than smoke and mirrors. That’s why I’m breaking down 7 influencer scams you need to avoid if you want to protect your time, your money, and your peace of mind.

This isn’t about calling out entrepreneurs doing real work, this is about helping you spot the red flags and protect yourself from manipulative marketing tactics that don’t deliver. Let’s get into it.

1. The fake guru pyramid scheme

This one is everywhere. An “expert” promises to teach you how to make money. But the only real way to earn is by getting others to sign up under you.

The scam: They sell expensive courses, mentorships, or access to a private community. But the program only “works” if you keep recruiting more people. This is a classic pyramid scam.

Red flag: If the success formula only works when others are constantly joining, it’s not a business, it’s a scam.

2. The six-figure income lie

You’ve seen it: “I made $100K this month, let me show you how!” Sounds amazing, right? But there’s often no proof of how they made that money.

The scam: Their income doesn’t come from a thriving business. It comes from selling you a system, often overpriced coaching or courses, with no clear skills or strategy behind it.

Red flag: If they never show what their actual business is (beyond selling courses), be skeptical.

3. The passive income DM scam

Ever received a message saying, “Hey, I can mentor you to make passive income!”? If someone you don’t know is sliding into your DMs with a “business opportunity,” run.

The scam: These are often crypto or forex recruitment schemes where the only way to earn is by bringing in more people.

Red flag: If the mentorship starts with asking for money and ends with access to a vague “community,” it’s not mentorship, it’s manipulation.

4. Dropshipping and Amazon FBA get-rich-quick courses

Dropshipping and Amazon FBA can be legitimate businesses, but not when influencers promise quick riches with no work.

The scam: They sell “step-by-step blueprints” that leave out how complex, competitive, and expensive these ventures really are.

Red flag: If someone makes all their money teaching dropshipping rather than doing it successfully themselves, be cautious.

5. Done-for-you automated business schemes

This scam is wrapped in convenience: someone offers to build a fully automated business for you; Airbnb rentals, crypto bots, vending machines, Amazon stores, just invest and sit back.

The scam: You pay a hefty setup fee, but the business either never launches or is poorly run. Meanwhile, the scammer disappears with your money.

Red flag: There’s no such thing as a completely hands-off business that prints money while you sleep. Check out our list of passive income ideas if you are looking for ones to explore.

6. Fake investment and crypto flipping scams

Fake investors are everywhere on social media. They’ll promise to “flip” your money through crypto or forex with guaranteed returns, and some even impersonate real financial brands (including scammers that impersonate Clever Girl Finance!).

The scam: You send them money, they show fake screenshots of success, and then they ghost you.

Red flag: No legitimate investment guarantees profits. If it sounds too good to be true, it is.

Reminder: Clever Girl Finance never sends DMs asking for money or investment. We do not trade crypto or forex. Always verify.

7. Overpriced coaching programs that teach nothing

High-ticket coaching isn’t always a scam but many influencers charge thousands for generic advice that you could find online for free. (Clever Girl Finance offers over 30+ completely free courses!)

The scam: They use pressure tactics like “If you don’t invest in yourself, you don’t want success.” But once you pay, there’s little real strategy or actionable support.

Red flag: If they can’t explain exactly what you’ll get for your money, walk away.

Expert tip: Do a credibility check

Before investing in any course, mentorship, or business opportunity promoted by an influencer, do a credibility check. Look for verified reviews, transparent income reports, and clear explanations of what you’ll receive. If you can’t find independent success stories, or if everything leads back to them making money from course sales, it’s time to walk away.

How to avoid influencer scams

Here’s what you can do to protect yourself from scams disguised as inspiration

1. Follow the money: Ask: How are they actually making money? If their only business is selling courses or recruiting others, be cautious.
2. Check for transparency: Legit entrepreneurs show real results, case studies, and receipts, not just luxury lifestyle content and vague testimonials.
3. Avoid vague promises: If they can’t clearly explain how their system works, don’t hand over your money.
4. Trust your instincts: If something feels off, it probably is. Scammers rely on emotional manipulation and urgency to push you into quick decisions.
5. Educate yourself: The more financially literate you are, the harder it is for someone to take advantage of you.

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Empower yourself with knowledge and avoid getting scammed!

There will always be people trying to sell you a shortcut to wealth. But true financial success doesn’t come from overpriced courses or sliding into people’s DMs. It comes from learning real skills, making smart decisions, and building over time.

At Clever Girl Finance, we’re here to help you do just that, without gimmicks or pressure. No tricks, no hype, no scams. Just real advice from women who are building wealth the honest way!