The people that I know who were roped in were all pretty dumb with no college education and in a dead end job. and there was one review on the place, a 5-star rating with no comments added. I said I dont have the money (but the back of my mind I know that it is already a scam). He said either way hed be expecting me tomorrow at 3:30pm. My friend convinced me to join, asking to partner up with me since he couldnt get through the door. I am not against commission based jobs and making money. Please dont contact me again. Ta da. I told her I was looking for a salary based job opportunity and if she couldnt offer that, then I was cancelling the interview because her job offer didnt fit my current needs or interest. He works for the State of Florida. He said he worked for a brokerage firm and was looking for managers for several offices he is opening in the area. I was also applying for jobs but for some reason I had chose not to go with this company. They prey on our natural vulnerabilitis and at anytime any of us can find ourselves being lured in. She really did not go over what the company was about but said we will discuss during the interview and not to worry if I was not experience because they like to teach within the company. This is too real. Sobeys. That fact in itself should be an embarrassment to any organization, requiring immediate action. Write by: . WHY DIDNT I GOOGLE IT??? if you dont have the internet, you hear about my place. With all the information on the internet available to everyone, it is crazy to me that people do not at least look up the people and businesses they are considering getting involved in. then I came across this site and read some comments . He launched into his clearly rehearsed and scripted talk. But I again dismissed the thought, feeling a bit guilty for doubting John. The examples in the booklet are for Bob and Susan Smith, ages 33 and 35. I dont. I feel so bad and my heart bleeds how mich i lied to the community and friends and sold them something they dont stand for . He said that josh said a ton of great things about me and he wanted to interview me for a position. I am a single mother of two kids and I have only been getting one day off from work. There were about 20 other people sitting in the chairs. I do believe my guy calls with an unknown number. Primerica Financial Services is a multi-level marketing company that sells life insurance and investments. I, actually sat through the orientation, and afterwords the deception started. So because it seemed so fishy something said google this company and see whats it about. More about my terrific personality, she was very specific that I had to dress professionally, no jeans or sneakers, and was firm while speaking to set up the informal discussion. But even better, in a real insurance agency, the goa is to sell insurance. Often in a pyramid scheme, you'll be encouraged or even required to buy a certain amount of product at regular intervals, even if you already have more inventory than you can use or sell. Long Term Care Insurance 5. Primerica Compensation Plan How Much Does It Cost to Get Started on Primerica? I like helping people. PFS Investments Inc. (aka) Primerica Financial Services. i joined primerica, i drank the kool-Aid thank god i did!!!!! Before they hire you and you begin training (with no pay during this period) they will test your aptitude for this kind of work. As of 7 hours i have been in Primerica, I do understand what everyone is saying about it. I texted my friend and asked him what was $99 needed for, and he replied it was for my background check and two tests I would need to take before I got my license. Made $100 in a single month. I swear it literally looked like an apartment building inside with rooms separated and a dark hallway. Instead my thoughts were screaming through my mind.. really, what was John doing in there?! I left indicating this was not for me, but wasted valuable time for something, from the on-set, which I indicated was not at all of interest, on her pretense it was a support job. - The Anti-MLM Coalition, Primerica Financial Services: The Fake Job Interview, Jennifer McKinney Bankruptcy Round 2 and Round 3, Mary Kay Cosmetics: Destroying Half a Million Women a Year, The Pyramid Scheme Aspect of Primerica Financial Services, A Former Primerica Representatives Story, The Fraud of PrePaid Legal, Explained By a Former US Attorney. He not once mentioned how or why he chose to contact me. Whats this guys deal anyway? When I looked up this company, I saw that they had an aggregate rating of 1.6 stars out of 5 on Consumer Affairs, and I felt simultaneously relieved that I didnt let them get my bank information by putting down the $99, and horrified thinking that I could have been among the many people that this company had roped into their scheme. Nothing! My interviewer did not have a copy of my resume. I find it odd that a company that hypes fancy cars, unlimited incomes, and financial independence has a sales force where 99% earned less (and way less) than $50k during any single BEST 12 months, BEFORE EXPENSES. They offered me an interview for customer service job and said they were looking for people who are bilingual. I hope this helps anyone considering Primerica or any MLM company for a career but dont let desperation drive you to a poor career decision. Please name some that dont. I was in Primerica back in the early 90s when it was called PFS (Primerica Financial Services). He went in to the building I was about to go into. I would see this slightly desperate look in her husbands eyes every time he asked if I would be interested in joining. Not once did they mention anything about a job until an hour into this interview of them talking about prices for my family. I decided to see if Id be sucked into doing sales but it wasnt mentionedthough a lot of hinky things were. I asked for a job description. This was an immediate turn off for me. After a day, Curtis called me for the second interview. Out of curiosity, why not expend the same energy to become successful at something you love and be at the top of YOUR pyramid and opposed to being at the bottom of Primericas? As I told others about my upcoming interview and was asked things like with who, I felt like an idiot realizing I wasnt given any basic details. This business is in a unmarked building near a woods, although that was scary enough I reasearched and found this. I should be filling out my own application. This is where it got a bit fishy. He kept giving me all these big numbers and saying how easy it would be and blah blah blah and all I could think was if it sounds too good to be true, it definitely is. Still, my poor, broke self held onto the hope that it might be legit. It was all a bit creepy and unlike anything I had experienced. Split between two people working full-time, it really wasnt that impressive. I did the hard work, but realized that I am was more ambitious than most. Fredericton, New Brunswick in Canada. It is simply bait to make a [possibly desperate] job seeker to show up for a potential job that doesnt exist. A few of my friends got roped into this. So this nice, well-put together woman is kind of a nice change to talk to. And he made it seem like the right thing to do. Its not bad advice. After realizing her main focus was getting recruits I began to question this whole Primerica thing. This other guy was pleasant enough, introduced himself and politely shook my hand. I gave them my information, and even the information from one of my credit cards (which Im afraid that they will still use even though Ive already called & told them to shred/dispose of the information!). Term Life Insurance 3. In an MLM, your upline gets a big cut of your commission. I was bugged to come to those meetings that were a complete waste of my time. Got a call from someone who said she was expanding her business in my state and is transferring from Texas and if I was interested in a business opportunity there. What I am saying is that (a) the MLM structure is a legal scam that hurts the distributors/representatives, and (b) Primericas products generally cost more than other similar (or better) products sold through non-MLM companies. From that, I just wonder why he wants my wife to get involved on this.. Lol! I am actually scheduled for an interview tomorrow which I intended to drive over 100 miles to. The VP Mr. So I looked up pyramid scam and found out its an unsustainable business in which the higher ups make money by recruiting poor unfortunate souls like ourselves. And I was like a job description of what Ill be doing and how the company works. Just googled to know about the company and landed on a right page. At one point I capitulated and however intrigued I might have been over the absurdity of the whole situation, I only wanted this conversation to be over and I did bring it to an end elegantly, by saying that I appreciated the time that he had taken, making the call and am sorry that I cannot help him with what he wants, given that I dont seem to understand what that might be. (Even then that is to be seen) They clearly have a lot of red flags, and I dont think businesses should be allowed to run like that. life insurance pyramid scheme companies. And use to convince FLORIDA retirement sustem workerd to move there money with us thinking thatsba good idea and look what is the result ! An office front is an office front, I thought. I was thinking it was odd that I still didnt know the name of the company. Very creeped out. My only concern now is her calling me up again. Report investment scams by state-licensed companies to your state's securities administrator. I realized what it was after that meeting immediately. Would rather wait for another job. If they are MLM why have they been charged? Question for you, of those that dont do Primerica, what do you do? PYRAMID SCHEME. Al Chemistry Paper 2013 Marking Scheme May Primerica Financial Services The Fake Job Interview May 20th, 2013 - Primerica Financial Services is a multi level marketing company that sells life insurance and investments I?ve written about Primerica in the past questioning whether Primerica is a pyramid scheme and whether PFS is a scam It takes hard, Hi, I do not agree with you. Was this review helpful? BUT, there was something not quite right about him, too smooth. Here are just some of the things that threw me off, he contacted me on Facebook, very informal. Its a good 3 hours of my life that I will never get back. No, Mercedes is not the same thing as multi-level marketing. I knew to avoid them but because of how fast she mumbled the name i didnt research. Cons. I found it extremely weird they had my info and Ive never heard of them before; however, I gave them a chance because I needed a summer job. You have a manager a supervisor and an employee. No, the only logical answer is that they somehow benefit from this revolving door. But cancelled my credit but should i worry because of the other info that he has still since their a pyramid scheme. I didnt want to be rude to him with my best friend trying to work there but it just didnt sit right with me. OMG This is soooo true. Answer (1 of 24): From my recent exploration of their compensation plan, they are very similar to the traditional broker/dealer -> agent model of insurance, real estate, and mortgage brokers. She never called me back or contacted me again. So j just kept searching information about this company and after reading this post and threads I decided not to go to the interview. Who invites salesmen to present at a leadership conference anyway? When you feel the need to bully someone like that, there is something lacking in you. There is more money made in consumable products than anything else. I was supposed to be intervied by Anthony, i wasnt. Shove that $99 fee up your keester. Even the classes were weird and subpar. Just needed to set up a time. Also this company has to be licensed in each state by the Insurance Comissioner. As of now, im going to have my trainer (by the way, he always stays in touch, maybe was blown out of the water by some of my morals. A woman approached me and complimented me on my bag, asking me where I got it from. She talks about them like they are real. He agreed, however, I had a bad feeling about him and the conversation we had had and decided not to call him back. Good luck to you all on your future endeavors. A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products.As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal. I was wearing a ring on my fourth finger (its the only finger it fits) and she asked if my husband had a job, so I went along with it and said yes. Multiple levels = MLM. I interview with a Primerica Financial guy like 15 years ago. When I ask again what is the role of being a customer service to the company, all that he is saying was that I will be talking to their clients. Any company that loses over 220,000 reps/recruits per year (Can/US) either has a recruiting issue, or a job quality issue. I read most of your posts, and there seems to be a lot of hate on for this company. There were 10 or so young men dressed nicely milling around. Primerica is an insurance company. Very very glad I read this. The grand kicker was the way the regional representative (and the speakers) used THE BIBLE to justify us serving a great cause? I would seriously consider investing in the company since, realistically, their pitch is great for the uninitiated and their motivational tactics (weekly motivational conference calls and meetings at fancy/lavish venues) work on those that take what they pitch at face value. I immediately searched the company and came across this page. Trust me, there are plenty of people who dont mind asking friends and family to buy something their selling. Wow. They didnt give me an estimated end time for the interview, after about an hour (I was following the MLB Draft on the side) I told them that I had to go and they asked me about the opportunity and I reaffirmed that I already have a job and they told me that they will call me in a couple of weeks about it. The whole thing seemed extremely odd to me that they would be interested in employing someone like myself who has zero experience in this field. Grant cardone once said if you dont have haters, your not working hard enough. They pitch like they are one the same level as other insurance companies. They asked me to come back for information session next week. Their higher up had done that for them. I actually stayed with the company and received my securities license, but could not continue due to the trickery and deceit involved. Then a few weeks later, comes our leadership retreat. They provide financial education and sell products through a network of individual associates. Im still researching the fact, yet still smell pyramid. If the only business positions are in Georgia, what do they expect people to believe they would be doing where they live? Im no longer-second guessing my decision to stay far away from this group. They are masters of manipulation, hyping you up to be a crusader for the middle class. I felt like he was trying to get me as a customernot interviewing me for a position. He works VERY hard for his money and does not seem to be producing a lot of it. Needless to say I found this thread and wont be putting anymore thought or effort into it. I wasnt amused. I am so ashame to be same species as John adison and glen williams . (Thanks to all post-ers). She submitted her story to Pink Truth, a website I run about Mary Kay Cosmetics and other multi-level marketing companies. Act really dumb and make them explain things 3 or 4 times. Yes, Orlando, pyramids are illegal and MLMs have very carefully crafted their companies to APPEAR not to be pyramids. A long time ago one of these assholes gave me a card and took my info, sadly I was told it was a scam after I gave my info. Hadnt I just provided 5 local contacts? And finally the companies they represent (the likes of Met Life, Lincoln Financial, Equifax). When this approach is adopted, the need for the original insured amount would not be necessary. Its not for everyone! But to shut down a business just because over 100 of you said it was crap and the rest followed after you did your own research. He told me he has to go through clearance and apparently he is abusing this priviledge. When I looked at the girls job title, I googled it and found this site. She had once had an office in an actual storefront on a mixed commercial/residential street in the neighborhood, but now ran her business with no outside marker out of her husbands auto body shop. I was the first one there so I put the lights on and tidied up a bit. These MLM ventures seem to prey on the 9-5-ers making minimum wage with the promise of making a six-figure income. I AM a great manager and I have been offered legitimate opportunities in the past, so yes, we exchanged numbers. Telling people they are lazy and that you are filing complaints, get real and get a grip.To the guy who posted the God, stuff, God also put greed as a deadly sin. She said she wanted to talk to me about something she & her boyfriend, someone I also know, were doing, and wondered if I would be interested in going to a little meeting at her office. At least i can say i tried on something that could have worked. People do real research before you blow an opportunity and not this Google cap where anyone can post anything on it. It was no way a job interview. He gave me the address and I had the phone number now. He went on to make about six more calls, each leaving me a little more tense than the last. I mean, what was taken from them? Thing is I have a nose for pyramid schemes and multilevel marketers, so my radar was going off right away when I heard all the generalizing. I have no idea what license he was talking about, but I definitely did not think it was a good idea to make the payments via personal check to a preacher I had just met for the first time while interviewing for a helpdesk technician position that involved door-to-door sales. I tried out Primerica towards the middle of December. Rome wasnt built in a day. How fun. This is how Primerica works. ?, Dont you want to own your own business?. The place where we met was super creepy, also. I am a young college student interested in Investment Banking and was told by an ex-financial advisor at a prestigious firm who attempted to act as my mentor to join. Then she laid it on the table: I needed to go out and start recruiting. I was irritated. Long-term care insurance Personal Finance vehiclessuch as mutual funds, managed investments, annuities, and business retirement plans. The subject turns to travel. 2. I got suckered into almost joining by two very good friends. Then he explained this 3 by 3 thing where i refer three of my friends or family for this training and i get around $500 for it. The bottom line is that Primerica sells legitimate products and services (life insurance and investments), but sells them at inflated prices to generally unsophisticated consumers. Tracy is that lonely little girl in high school who no one ever liked, and was never invited to parties, probably why she hates on MLMs so much, no one ever invited her. But one thing a lot of people never did was actually get any information from the company about what they actually do and how they actually help people with their finances so people can actually pay off their debt faster than they are projected to, and actually reach their retirement goals. Down below is a tiny non-referent asterisk that tells us to check their claims against the DISCLAIMER portion of the book. You need to have a 1) calculator and 2) common sense to realize only the top percentile will make any livable income, in your head you think youre going to get enough sales to make six figures youre not. I agreed to meet with her the next day at 6 pm (again another red flag). My up line still owes me $500 he borrowed. She is candid, very kind, open. When we get in rm 232 some guy said oh welcome here is the pepar to fill out, I was wondering if this is real? I saw the company 15 years ago and I am SO sorry I didnt jump at that time! She goes to the bathroom and I quickly text my girlfriend to come and rescue me. Primerica's MO is using people to convert their acquaintances into customers. I will say that the highest ranking person I worked with has now been involved with the company for over 30 years. He had been eyeballing me since I walked into the store. Such a shame. We are not a scam and there are no fake interviews. He picked up the phone and began to dial but I noticed he pressed *69 first.. what, he was blocking the outgoing #?? But Ive been coming up with excuses why i cant meet back up with him because things just didnt seem right after i left that 1st meeting. It takes time, effort and tears to build something you want. You have no honor in your name. People have no consideration!!! I dropped out because most people shop for bargains rather than invest in the business. I know of plenty of people who need a job but now I dont think this company is legitimate despite the nice phone call. I could hear a party going on in the background and the aroma of delivered pizza hit my nose. I sat through the whole thing and, unfortunately, was actually pumped up about it & ready to start making money! Andrea Youve misstated the concept of MLM. The whole purpose is an endless chain recruitment scheme. Called a local Primerica agent in the spring of 2011. What agencies would handle this kind of thing? I would STAY AWAY from Primerica. Let people make their own decisions. He looks at me sadly and suspect. Thank you so much. I finished having a fake interview last night and was literally thinking about going to that informative session. The scheme is called a "pyramid" because at each level, the number of investors increases. I said yes just to help her out. Auto & Homeowners Insurance 4. Worst case scenario, I figure, its a connection or something. id number? Then he went even further to explain that he could help my parents lower their insurance, debt, and help me pay for my college textbooks. As soon as I saw Primerica I KNEW it was a scam. He texted me the address (unprofessional) and me, being naive agreed. Do your research people dont fall for pyramid scams. Those people in Primerica dont know enough about it to investigate, and once they find out the truth, its really hard for them to save face and quit. Having professional licenses paid for by a company and given the tools and resources to build a book of business on a part or full time basis is a wonderful opportunity for the right people. Immediately they sit down and start talking about investing in life insurance for our kids (whom are all under the age of 5, and was around at the time) Talking about prices and growth , im interested, fail! The one thing that did get me, however, is on Google Maps, the place did not have a name. Check this out: https://www.reddit.com/r/antiMLM/comments/8ctzhz/almost_answered_a_job_scam_they_yelled_at_me_down/. I just got a call from them today 3:19pm 6/14/16 for a job interviewim ill and cant work right now and its sad to see this is still going on in 2016but im happy for this site to help spread the newsthe caller left a message i did not answer i looked them up and ended up here.thank you all for your helpful info! I stayed through the interview anyways, fully knowing that I was already going to reject the FAKE position they had, but wanted to keep my commitment to the interview,and see for myself what kind of tricks they would verbally try to pull off. I knew that kind of pushiness in indicative of something bad but I gave in anyway because like I said, I loved the couple and I really did like the financial planning part of the system. Their company relies on always havinga bottom layer of sales people, they move up by getting lower level people constantly to do all the work. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile. Thank you for the information. They prey on the uninformed, they want your warm market, and your warm markets warm market. Only one company filed a lawsuit in a failed attempt to prevent these upgrades. So glad I ran into this, a man at a store who was very charming said they were looking for employees, I have had a bad feeling about him for about 2 years now and he has called like 3 times since, every time he gives me a little more information, it all seemed very fishy, finally said I would meet up this week but would google them first. Something like, I really dont understand why you felt you had to lie to me initially. Im grateful for this site and the posts here. If you're familiar with MLM schemes like Primerica, Optavia, Evolution Travel, Beachbody & American Income Life they are pretty similar to Transamerica's MLM scheme. I received a call today from a Primerica Representative about a management/ training job. They are in fact the Primerica guys, lecturing the invited people to pay them $90 to own a business license and the usual multi-level marketing stuff. Well im not going to my interview today. THANK YOU so much for posting this.. Should have gone with my gut. The location seemed extremely sketchy too. (i.e. I will not be invited back even though the host is consider me a friend and wants me to be on her team (her words). Thanks for the info, I got a call from them this morning and promptly cancelled after reading this. I went to the interview to meet Anthony. I heard at a convention a couple of years ago that the way you know its a good company with good products or services, would be if you had to pay retail, would you still buy it? No, regular companies that are set up with levels of management (such as Walmart) are NOT pyramid schemes. At the time my mind was elsewhere so about 10 minutes later I called her back and asked her what company she was with, who referred me and what position was I interviewing for. What deity do these two preachers represent? So glad I did. I just got a call tonight from someone who started to ask me about my resume. I ask because Primerica agents and Real Estate agents/brokers are both commission based but people have no problem with being a real estate agent right nor do they have any issues with purchasing homes that will most likely put them in HUGE debt. I was VERY unhappy in my job and I had been actively looking. I felt awesome, like he had seen the potential in ME to want to spend time teaching me. He knew that I lived in close proximity to his company and asked me if I was still interested in finding a job. Easy. Im a 22 year old student working as a sales associate in an Office store when I was ringing up a customer (Kristen Dunn). A pyramid scheme is a fraudulent system of making money based on recruiting an ever-increasing number of "investors." The initial promoters recruit investors, who in turn recruit more investors, and so on. The building that the interview took place at was unmarked on the outside and rather desolate on the inside, and it was situated next to a masonry business past the outskirts of the nearest town, of all things. He handed me a flyer that said Primerica was waiving licensing and application fees for active duty and veterans in November 2018, but I cant find anything on it on the Primerica website.

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