It just all seemed very cheap and tacky, like the trinkets around the office. International Association of Better Business Bureaus. Tameka All insurance agencies are NOT pyramids. Not once did they mention anything about a job until an hour into this interview of them talking about prices for my family. Be aware, I messaged on Facebook, and the account had comments saying Hey man, I think your account got hacked Ive been getting odd messages from you. thank you for opening my eyes! When I called her back, she reiterated her voice message and went on to briefly discuss the position for leadership role for this company and requested to set up an interview. It became apparent to me that it was bogus the moment I walked into a completely empty office that looked more like they were about to move out. He wasnt really giving me a clear description of the job, but I still heard him out. He noticed, and must have read my mind because he said in an argumentative way, hey, I need something to show for my time too right. Reading this gave me something to do for a little while this morning and appreciate the honesty. She gives me a look that says, You could very well be the son I never had! It seems like a con now. People are recruited into downlines. My husband works for a window company, door to door, ran into a guy who says he has career opportunities available now this guy calls everyday for a week saying he wanted to set me up a job as well I seemed educated and professional so and so.. After weeks of talking over the phone we set up an appointment. I PAY MY OWN TAXES. lets protest guys!!!! I then googled Prime America and this site was the first thing that popped up. I figure its a slip of the tongue and she means AtlantA, but throughout the conversation she keeps excitedly bringing up Atlantis. This, by the way, was part of her voice message. Thanks guys for ur time to let ppl know who primerica is. Thank you for the honest comments, saved me time and money. As for NFTs, exclusivity and FOMO run the gameeveryone wants in and where there are winners, there are losers. Its ok Tracy we still love you. I had really lost interest by the time he had gotten to the bottom of the first page. I received a call earlier from a rep, or whatever. Im going to trust my grandpa on this one. I am saddened to see this website because the information given is totally inaccurate and people will listen to this guy instead of researching on the GOVERNMENT websites to see that Primerica is an amazing company! 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. BBB Business Profiles are provided solely to assist you in exercising your own best judgment. Everything Ive written here is true so please dont waste your time on these people. He has dedicated his most productive working years to a system that will never be able to deliver what it promised. Pingback: Why Do People Join MLMs? I also just had the same call and scheduled interview for friday. Being lied to in order to get the person in for something that isnt even an interview is wrong, and therefore the person is a victim. Financial Services Headquarters Multi Location Business Find locations Contact Information 1 Primerica Pkwy Duluth, GA 30099-4000 Visit Website Email this Business (770) 381-1000 Primary hours. The critical difference between network marketing and a pyramid scheme comes down to the products and services they offer. Then why, pray tell, have I owned Sequence Inc. Forensic Accounting for 16 years? Damn I wish I would have read this earlier. Like, if someone asked a question that would be fairly customary in the real world, he really would let off on them with something snippy like well, I dont know what youre worth yet. After reading the warm market info in the above posts, am kind of leary. I know of plenty of people who need a job but now I dont think this company is legitimate despite the nice phone call. Taller than me by a little, he had slightly bigger hand but no grip. Ive been disabled for four years and i finally got a job release in feb 2014.Since i had to change job careers,its been hard drawing my former job skills to be applied to another field.Im currently in a job program called DVR(from the department of labor)in the state i live in.For the past 2 months,ive applied to many jobs thru them and gone out of my own with little success..lol.Ran into alot of companies like primerica.So now before I have the interview with any marketing/sales company,I do tons of research on the computer.Had a person contact me from bankers life and casualty say that im good to be part of his team and told me to come to his office at 6pm for the interview.Only to find out that its a presentation with 14 others,10 left after an 1 1/2 hour presentation(only surpose to be a 40-mins).i was one of the 4 and he liked me and set up an second interview.Took 2 weeks to get back to(and only got set up due to my ongoing calls to him for it)me and set up the meeting the next day-they did the same thing as primerica only they actually had a call list from the do not call listings they use for their referrals for me.A $99 dollar fee plus $149 for inside training upfront.I said NO and that was it.My DVR supervisor gave me a reference for a job that turned out to be a primerica rep.I had to follow up this time and called her-she contacted me that nite at 9:30pm(odd time)and told me that her supervisor would call me tomorrow-he never did.A week went by and out of blue the primerica rep called me and said that she was sorry about her supervisor didnt get back to me.But this time i was ready(i did my research and found tons of very bad reviews and some good reviews from primerica corp. officers..lol lol.When we talked,her excuse was that her supervisor is better to answer my questions and would do so when he calls.He hasnt called but i already know the truth(on the surface and the deep inside shadly truth)about primerica-what they represent and who benefits from their company.I need a job now and need money soon before im forced to live on the streets with my wife.I cant start a new position on empty promises and payment upfront to pay to go to work to make alittle money in the first month after i work 80 to 100 hours a week..lol.Doesnt make sense and its just a waste to put forth lots of effort,time,gas,sweat and patience to make little money just to barely live onlol. I got a call at work late last week from a man who said hed overheard my conversation with another customer and was very impressed and wanted to talk with me about a position with his company. he will help me get lower car insurance, maybe life as well. Im sure there will be many people who wont spend time to do the research before going but at least those who do will stay away from loosing time an money on some crooks. Never realized Primerica was an MLM until reading what Tracy has posted. I went in, shook some hands, and sat down listening to a spiel chock-full of confusing jargon, just nodding my head and feeding their ego while Im sure they felt like they were doing the same to me. I said I dont have the money (but the back of my mind I know that it is already a scam). I reminded her I was not there for a financial health check, but rather for a job pertaining to repairing computers NOT a door-to-door 3rd-party insurance salesman. So then i asked him thru Facebook and he said no and now im here and im so glad i am. They prey on our natural vulnerabilitis and at anytime any of us can find ourselves being lured in. Yes, Atlantis the mythical Hellenic city submerged in ancient times. It all seemed so legit at first and since this was my first interview and Ive been looking for an internship, it seemed perfect. I was irritated. I attended and felt extremely motivated, but wanted to think about it for a few days. So we exchanged numbers and that was that. Long Term Care Insurance 5. They said they would need my bank information. He went in his office and closed the door. Finally, in the course of mulling this decision I have read at Primericas own website that new life insurance agents earned $6000/yr on average in 2013, I think was the year cited. The examples in the booklet are for Bob and Susan Smith, ages 33 and 35. Big giveaway: when an interviewer asks you questions about who you live with, and if you have a lot of family and friends that live in the area I mean, come on! So I booked an interview with him. My ignorance had me traveling well over 30 miles one way. Also, there is nothing on my LinkedIn profile that indicates I have any financial talent. He said he worked for a brokerage firm and was looking for managers for several offices he is opening in the area. So i said maybe on a follow up meeting i will do the paper work. I spend my time with people who show up. Another pause, then I saw his face relax a bit as he gave directions for the office and set up an interview for 6:30pm that night. Reed Slatkin - $593 million. * Isnt it true that a lot of consumers arent sophisticated when it comes to insurance, which is why there are so many scam artist out there taking advantage of them? I believe the only way to get ahead in America is by entrepreneurship, MLM and/or Franchise if you can afford it truth be told, if you think about a PYRAMID, you could look at your job as one. But you can throw away a full barrel of apples because a few are rotten. Anyway sort of brings out the negatives in the post. So i can give him people that i know and love names so he can call up and make appts with them to show how to sale them life insurance and close the deal. It was a negative environment, no formal training, and they took all my leads. He been calling me since. He said either way hed be expecting me tomorrow at 3:30pm. Primerica has the BEST products for the least amount of money in the industry! The woman who did the phone interview was very nice but once I got off I didnt even recall what the job was really about and realized she set me up in a few days for an in person group interview. Everything I am reading in these comments sounds almost exactly like my experience with them. We finally nailed down a day. I was going to an interview tomorrow and now I know its just some bologna. does anyone here even know what a actual pyramid scheme is? People who invested millions of dollars and doubled their money in 2 years are scam. Its so much worse and you cant get you to six figures even if you work your ass off. I am so glad I found these comments it saved me the time of going to somewhere that was not what it was suppose to be. Cant there be commission only jobs? The man told me he was a head hunter and had seen my resume on Career Builders. Law sued and primeica paid millions of $ to keep it dl . Wow was not expecting it to be such a rabbit whole. At one point, this person even chuckled, seeing that I would not let go of the questions pertaining the job description or title. I already work full time. I am so ashame to be same species as John adison and glen williams . I received a phone call yesterday and on my mobile phone, which despite the fact that I am looking for a job, I only mention in cover letters or to recruiters who approach me on my landline. The PSF Representatives testimony at the beginning is full of holes. Pyramids are illegal and would NOT be listed on the NYSE. I think that phone call was probably someone in the office calling him to tell him that he was at an hour and that he could go ahead and wrap it up. *69 doesnt block the outgoing number. The insurance of Primerica is a company that is only said to scam people, using the method of false information, I have been 7 years with this life insurance and I am trying to cancel it because every year they are raising the price a lot, and tried to cancel and they are collecting my savings that I have in this policy, Last year I sent my cancellation letter and they do not want to cancel my insurance, I will have to ask for help from the government of *******. Very few people want to do the hard work thats required to succeed. They particularly seem to prey on unemployed, with a get rich pitch. MLM, in contrast, is a scam based on the recruitment of people into an opportunity to recruit others its endless chain recruiting and thats a scam. I mean, my pitch would have been an honest one. The business of Primerica Reps is recruiting other reps. The fact is, it takes a good person to spread good, there are many jobs out there that are good with bad people running, working for them. 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. This may be a rough road, dead end, pain, death and not get anywhere. Sell any and all medications over the world. Now comes Primerica. I got the call from a woman saying she got my rsum from monster. So happy I dug deeper. * Finally, does it have to have an hourly salary to be job? Another flyer announces two meetings. . I was wincing to myself at times, man this guy could be a jackass. Are you saying that all the people who commented on this thread that they participated in a fake job interview like this are lying? I have one question, how on earth such a place can exist for so many years, without drawing the attention of authorities? When you get that defensive and that angry, its like you feel the need to justify yourself so you go into defensive mode. Our conversation goes all over the place like before. I focused on a plaque over Johns head as he bragged about his familys last vacation, noting his highest attained income splayed across it in huge numbers. They just tried taking a mortgage out for half a million and the bank denied them because neither of them have a real job or make enough money. I have just cancelled my policy after 20 years because they increased my premium by 370%!!!! The individual is a Regional Vice President and he did talk about passive income, which alerted me. She gave very vague answers, told me her secretary referred me and that she worked for a financial firm looking to hire about 20 people to work as trainers. Again, I figure worst case scenario its a connection. That is a big reason why this company has so much negative publicity online (even on its Wikipedia page!). If you want to sell insurance or investments, you are much better off with a company OTHER than Primerica. My fellow employees are a wonderful group to work with. I get NOTHING from writing about multi-level marketing scams. If you have been invited to an interview, I can tell you that someone cared about you. Given my lack of experience, I was not sure if this was normal or not. 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. I specially remember the leader telling us nave teens (and adults) we were to sell these cutting tools and in order to get a sell (trick people out their money), we had to do the penny trick. I would certainly warn anyone who might be roped into this to DO YOUR RESEARCH!! the whole time during this first meeting it was very tense and uncomfortable. Now this guy (who knows if he actually works at Primerica) has my SOC. Sadly, it wasnt real. Dont listen to the nonsense check out Primerica yourself! And by work, of course, I mean pay them for their 36-week training course and then a monthly fee afterwards. No, Primerica does not offer services that justify a higher price. I questioned it but thought oh well go for it. They are lying.). I had them waste my time once before and am no longer interested in doing it again. The company primarily sells term life insurance, as well as mutual funds, annuities, segregated funds, managed accounts, long-term care insurance, pre-paid legal services, auto insurance, home insurance, credit monitoring and debt management plans. We were to ask them for a penny (hoping it would be a new penny because those are weaker/thinner than the old ones), and with the new penny we were to use the best cutting scissors ever to cut easily into the penny. The new trainer gets nothing because he is not licensed yet. To all you haters and doubters Primerica is NOT a business for sheeple it is a bonafide business opportunity that requires hard work many people cant do it thats why the rewards are so great if you persist! I just received a call earlier today. 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. This was an immediate turn off for me. The women who spoke on their first visit asked what Im looking for in a career and mentioned I was very impressive with customer service. I was told by a friend that if we met I would be informed about a great opportunity working from home. I started to say but I thought and my face must have conveyed my thoughts because he impatiently rolled his eyes and cut me off, lowering the mouthpiece slightly, look, were not supposed to, but Im here to run MY business and I know what gets results.. Very happy with Merryl Lynch, thanks. my business. Primeamerica is a legit insurance company. Thats illegal. I answered and then asked what company he was calling from, something like Frontier Financial Industry and then he mentioned it was owned by Primerica and I immediately let him know that I was not interested. Primerica just needs to do everyone a favor and be upfront about the type of business it is. If you do not mind cold calling for many hours of the day, have no problem deceiving others, are a good speaker and type A personality, you can make money although now with the internet and all the information out there it will be much harder to convince a friend to buy a 100,000 term life with you for twice as much money as they can get it elsewhere. ), In walked this boy of maybe 18 in a new 3-piece suit and tie. This site and article is so retarded. mail or store pick up. Surely a man that professional-looking would be deterred by someone as inexperienced as me in the room, I rationalized to myself. Yes. Their 6 digit earners boast is misleading as its a cumulative, not annual figure. They have no jobs to offer, despite making it seem that way. You are describing practices that are barred from current procedures, and the law. Since 2009, Primerica has recruited 1,502,173 people. Can I get your number, and maybe we can chat? I say sure, never expecting to hear from her again, and leave her my number. It seemed way too good to be true, i was literally thinking to myself If this is real, I can finally afford college. And also when he would say how much money people would make he would wait for me to respond and I just gave him a blank stare. I said yes just to help her out. I thought I had a job interview today where the man switched to trying to get me to be a Primerica rep. Those that ask real questions will be shown the door shortly. Thank you to all those who contributed to this thread and I wish you all the best of luck in your job search! I called her back a couple days later and she scheduled an interview for this coming Monday. So, I got up & left to find out who that company was. I told him thats respectable and that Id let him know once I had a more sound judgement of my availability. He didnt even tell me the company name, I found it on his profile when I scoped him when he requested to add me, that he was a regional vice president for Primerica. She asked me a few questions about some displays and such before asking how I liked working there. I looked them up and it seemed to be life insurance, not a retirement fund at all, so I blew it off. Honest goods and services were never made to be traded for money. It is a legit MLM business opportunity that has been around for more than 40 years, and it's possible to make real money if done right. I also heard the leadership bit. So glad everything that I was concerned about has been confirmed. Why the need for secrecy? BBB reports on known marketplace practices. Got a free dinner out of it, but I never did anything with it and didnt give them any money. My experience started with responding to them through Zip Recruiter. Most will say no, but I just want to help them get answers and maybe I can get them a solution. I quit altogether after 2 months because it was the most draining months of my life. If you are looking to contact Primerica directly, call them at (800) 257-4725. I ask for the companys name and he said Primamerica. An hour and a half already? During the call I asked her about three times for a website link or something to see if I would like working with her but she avoided giving me the website, I had to ask her about three times till she finally gave me something, and even that was just the name of the company. We both said yeah and he gave us his wifes number and took our numbers down. - 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. It is not a traditional job. If I attend, will I experience a pressure tactic laden recruitment presentation? Talking on the phone isnt my strong suit so I just kept agreeing to everything and she was very busy but still managed to schedule an interview for later this week. I then told him Im not interested. When I looked at the girls job title, I googled it and found this site. 2.Investigations of Allegations of Wrongdoing The compliance structure at PFS included two primary procedures that could detect wrongdoing on the part of registered representatives. Money / Side Gigs. The guy on the phone was super nice and seemed waaaaay too eager for me to come in, especially since I told him up front that I had no financing background. Sucker Me Not At This Time Wow. My interviewer brought me back to a conference room with a glass wall facing the rather short, narrow hallway connecting the reception area to the back room where the party was. Primerica is a multi-level marketing company. I thought that was weird; if youre going around job recruiting at Target, you should probably have a business card. MLMs are legitimate but a prospectus or other similar vehicle should be required for prospective recruits just like a stock or mutual fund offering, identifying exactly what fees are involved and what is specifically required of the representative. Multi-level marketing. In any event, I told him I was not interested and he hung up. Its headquarters are located in Duluth, Georgia, and the company offers services across the US, Canada, Guam, and Puerto Rico. If you have a 6, 63, and 7 series. Yes, nice to meet you, I replied as I stood up, my 511 frame towering over her by at least a foot or more. No, I am not very angry with the company. I do, however, believe it is very important to inform people about the truth behind multi-level marketing. He kept repeating that they are teaching people how to use their money, but without really saying anything else. My father passed away in May. A pyramid scheme does not refer to the layers of management that you see. He kept asking me weird questions and giving even weirder examples. 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. But im not stupid so i looked it all up what the job was and where it actually was and this seems to be all true. Im here to see how this turn out(Micheal Jackson Thriller Popcorn Meme). She told the lady who contacted her to give me a call the next day. I thought I would be the one filling out my own application. The evening eventually came to an end, and I watched John as he scored 2 new recruits. I had the same gut feeling to google and see if this was a real thing. Well talk about me and what I do later. Um, alright. I looked up Wallace Murphy with Primerica, it showed his picture and what he was about, but after reading this I will also be canceling my interview as well. MLM is not a company, but a form of generating income. To the last comment, the most draining 2 months?? I respect that! She didnt mention the name of the business at all, and her explanation of what they were doing as others above have noted was rather vague but revolved around financial planning. From then he sent us to different people to ask us some questions. Glad I didnt waste my time. LOL Alex. There have been plenty of examples of businesses that looked legitimate that were not. 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. Need to find a different location? If you do find yourself mixed up in something like this, please dont let it effect your perception of yourself. 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. About 20 minutes later I received a phone at my job stating his name was David. Legitimate companies give you details and job descriptions. Some are a couple miles down the road and some are across the country or across the ocean to the most fantastic scenery or landmarks you've ever seen. The following day, the ex-financial advisor disconnected with me on LinkedIn and I have not heard from him since. Identify bulldogs in your contact list and recruit them so you can make money off those go-getters and build a strong downline. They have my info and address and all kinds of info will they use it against me if I dont work for them? Harrison sounded very legit. Agency Management had a staff of approximately eleven investigators and PFSI Compliance had approximately three investigators working on investigations of complaints.