Why Would You Work With A Known Con Artist?

The Ramsey Show Highlights

Ramsey Network

Business, Investing, Education, Self-improvement

4.5 • 839 Ratings

🗓️ 14 September 2025

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Transcript

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0:00.0	brought to you by the every dollar app start budgeting for free today i have an older sister who started
0:08.7	a business um under my name and i'll see and uh under your name yes is it your business
0:16.5	it's not my knowledge did you know that she was doing this?
0:22.2	Yes.
0:28.4	I consented because, I don't know, she asked me as a favor kind of thing.
0:31.5	Is this like a co-signer for debt?
0:33.7	I don't understand how this was a favor.
0:36.7	Why didn't she put her own name on it? It was not a construction company, and it was kind of so that she didn't have, she's a bit of a con artist, and she did it so that she didn't have too many businesses under her name.
0:49.1	What? And you agreed? Yes. Like an idiot.
0:54.7	Well, I was going to say, what does that say about you to work hand in hand with a known con artist?
1:01.2	I know.
1:02.0	I didn't think it would have caused this many issues.
1:08.8	Yeah, she ended up what issues are you facing?
1:12.0	Tell us the issues you're facing.
1:15.8	Yeah, so she, during...
1:18.7	And then years later, COVID happened, and she decided to take a loan out under this LLC.
1:24.8	And so...
1:25.8	To do what was?
1:26.5	She just hasn't been paying it at all and it's just to use for
1:29.3	personal whatever just blowing money what was that what did she use the debt for she personal
1:38.6	uses she did not use it for the business so she has been fraudently starting LLCs, taking out debt against that to then spend personally.
1:48.9	Yes.
	...

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