This is one of my biggest gripes about magic in the D&D games I've always played in, no one (DM's included) making use/keeping track of Spell Components. I know that it is book keeping, but hey 250gp to cast True Seeing each time? How many people actually follow those rules? If the PC's in this instance are running a Con, and their is actually a system in place keeping track of Material Components, then the person being con'd might not want to waste his 250gp just to see through it. Heck, even if he uses it you've conned him out of 250gp, he just didn't give it to YOU!
Plus it would make the Epic Feat: Ignore Material Components actually useful!