A former classmate of mine saw my Facebook post that I was looking for part-time work and called me. One can only hope they were having a dinner party in the back and not a Donner Party If this company asks you to come in for an interview, bear in mind they are only after your money. I mean, my pitch would have been an honest one. Just got a call from a Primerica recruiter, who set up a alleged interview for tomorrow. She looked to be in about her early 50-s. Much older than the crew she had working for her. Are you saying that the people who did the fake job interviews are lying, and they didnt actually do that? Check this out: https://www.reddit.com/r/antiMLM/comments/8ctzhz/almost_answered_a_job_scam_they_yelled_at_me_down/. The main product Primerica offers is Term Life Insurance. Primerica just needs to do everyone a favor and be upfront about the type of business it is. Nearly everyone loses money in MLM. Ive been self-employed all my life and, just like real estate, if you dont work, you dont get paid. 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. She asked if I was interested in working with them, and I said yes. im gonna go here them out this Saturday and let them waste their breathe. I showed up for the interview and no one knew who I was supposed to be speaking with. Im glad I didnt give them the $99 dollars, they told me it was for a background check, plus $25 a month to access your account through their website. I ran a department in a communications company that was ultimately relocated. But It didnt make sense that I was not given the company name but did get a management position for something I know nothing about. So many of you cancel your interviews which I understand you feel you need to do because of what other people are saying about the company. I have morals, I have my beliefs, everyone has their entitled opinions. I just went to a meeting last night, everything previously written by past people are true. Its funny how my perspective has changed. 3. I forget even about the application, the conversation has turned political. Same thing as he told me when I asked him why I hadnt been told about the fee to write the state exam: we give recruits information on a need-to-know basis.. too much information would overload your mind and paralyze you from making smart business decisions.. I told her that I would tell my friends about it but she kept pestering ME to work for her. So because it seemed so fishy something said google this company and see whats it about. My friend has her insurance with them. He also mentioned talking with a number of people at Lowes about how bad the schedule is here as I realized later, he makes the rounds at stores like this, trying to entice unhappy people into a get rich quick scheme. Like I said, I own my own business and am looking for some sharp people to add to my team here. My only concern now is her calling me up again. He gave me the address and I had the phone number now. MLM is not a company, but a form of generating income. Now that I have read the previous comments I will not be wasting my Saturday morning to interview with PFS. There was two guys Anthony and some dude who looked like he snorted before he came in. Wake up people, youre just blind ?! I must be remembering wrong I tuned back in just in time to hear him say, well, have you ever heard of Citi? then pause. Said business partner called me on a Sunday afternoon. 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. They are sharks looking for their next meal! and there was one review on the place, a 5-star rating with no comments added. She stated the name of the company, Primerica and stated they deal in financial services . I was so flattered! After hanging up with him, I found this wonderfully put together article and took the time to go through most of the comments as well and found pretty much everybody in agreement that this is a scam. I received invite to interview I spent an hour on the phone with Vice Presidents in three different areas. 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. The subject turns to travel. Had forgotten the details but Tracy Coenens information on many posts about the 99% failure rate of MLMs, despite Primericas legitimate products have me thinking. I drove out to the location, got there 15 minutes early, so I sat in my car. The evening eventually came to an end, and I watched John as he scored 2 new recruits. Any company that loses over 220,000 reps/recruits per year (Can/US) either has a recruiting issue, or a job quality issue. He had become quite animated now, telling the audience about what all was included for the fee. Name, address, social security. The first red flag of the call was that she did not state the name of the company from which she called. 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. There was a Prime America in the office building I currently work in, and I cant tell you how many young, eager, looking people would pull up looking nervous right before their big job interview. One day I am opening the bar where I work a dive bar in a very low income neighborhood. I am saddened to read this. The company and product reputation aside, as a source of personal income they truly fall shortgenerously speaking. This affiliation between the two companies is one of the oldest partnerships inside the Primerica menu of products and is fairly popular. Over dinner, I told my husband about the phone call and what I had found online about this Primerica and learned that he, as well, had been lured to their office a few years back, when he was looking for a job and after sitting in their presentation, he realized that it was a pyramid scheme and walked out without looking back. If the whole deal is to make money, you make more money recruiting not selling the product. I went to the orientation before with Primerica and discovered that it was a MLM. An hour and a half already? I didnt think much of it until I went inside. Thanks for all the information. http://www.sequenceinc.com/fraudfiles/2015/03/multi-level-marketing-is-not-a-business-its-a-pyramid-scheme/. This is mlm a legal definition. PRIMERICA has changed their lives. Primerica also partners with Pre-Paid Legal (aka LegalShield) to offer things like legal protectionand ID theft protection. 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. (including advances). I asked what company is this and how did they get my number considering the fact I havent applied for any job positions in almost a year. I sold Cutco like ten years ago and while I had a fun summer doing it and actually made some decent sales, I would never do it again. They contact the job seekers with an offer of an interview for an opening. Has anyone heard of/ worked for a company called primerica? God am I hungover. He invited me to this thing some orientation and was like being your parents Im sure they could learn something and Im like did this man just insult my parents intelligence. You have to have an insurance license to work. 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. Very few people want to do the hard work thats required to succeed. It was a sales job selling the best cutlery ever but in fact it wasnt. Luckily, I was sitting next to her so the moment she said it was from Primaerica I told her it was a scam. They prey on our natural vulnerabilitis and at anytime any of us can find ourselves being lured in. Our entire crusade is to teach people how money works we want to educate the clients so they dont get fooled by people like Citi we broke away from Citi when they were doing the wrong thing Primerica works from the highest ethical standards. At the end he asked me for my number and said he had a wonderful opportunity for me because he loved my customer service,attentiveness and bubbly personality and he thinks i would be great for his company. They have a lot of my information? I need a new job BAD I dont need too be wasting time on BS it was so ridiculous. So, I just said to him, actually there are 3 of them (including Curtis and a lady with a hair cover) that I will decide first and will give them a call within 24 hrs. i cant even find myself, and i know where i am. A customer commented to me that he was impressed by my way with patrons to our store. Even if this is a legit company, the financing industry was never my thing. Income is limited and since they, were at a point in time, only selling term life, there whole pitch was buy term invest the rest, which is great considering their term to is age 99. (im able to buy back my active years for mil tec job, so when im 47 i will have 2 pensions. She wants me to go but ive been down the MLM road before and after a couple months I knew it wasnt real. These companies actually have them sell their products. I did not quite have the similar negative experience as many posted, but mine was similar. Don't Get Caught in a Pyramid Scheme - Attorney General of New York THANK GODNESS I LISTENED TO MY INTUITION!!!!!! A couple young men were milling about in 3-piece business suits. Can anyone who is successful in a traditional business start a business for that little of an investment? I joined Primerica in 1999 for about 5 minutes. 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. 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. Both part time and full time. Sneaky how once she enters my house she runs downstairs and brings a male supposedly her manager. I got suspicious after I asked her the company name and her voice sounded muffled everytime she said it. I then proceeded to google the companys name and before I could type in the full name I saw Primerica Financial Services scam, immediately clicked and was led to this page. Similar situation . My Primerica Regional Vice President (RVP) well call John offered to teach me how to call them, to build my team. After I finished that, David came in and started his pitch. Life Code, the real world. He had rushed through the call, creating the perception that he was a busy man with many interviews to call for a much-in-demand position, and when I asked the company name he rushed through that part as well. I was (and still am) working as a cashier when I was approached by a woman pushing a stroller. Are you looking for a Primerica review to determine if the insurance company is a scam, multi-level marketing company, or pyramid scheme? wow I was suppose to have a interview with a person from pfs investments . They told us how the head leader makes over $200,000 , but he comes in with a bag of mini candies passing out to only his team crew. HOPE THIS HELPS I think not! They insisted that you MUST bring a person each informational session, often times calling you out in front of the group. 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. What Is a Pyramid Scheme? How Does It Work? - Investopedia Surely a man that professional-looking would be deterred by someone as inexperienced as me in the room, I rationalized to myself. And thats why I have not fell prey to their scheme of getting people to recruit. Then after 45 mins he told me to come back. *In Canada, trademark(s) of the International Association of Better Business Bureaus, used under License. I AM a great manager and I have been offered legitimate opportunities in the past, so yes, we exchanged numbers. At first I was questioning that, arent you supposed to use a business card? I thought its not that bad, I currently have another job working as an assistant to a real estate agency. I agree with your assessment that Primerica is not by definition a pyramid scheme. However, companies, I was in college when they reached out to me about coming there to work. I also know another person who has been doing it for 10+ years now and he doesnt make much at all. What these agents wont tell you is that another bear market is looming ahead, along with the upcoming changes in Washington. now she has been pursuing me saying she has another office and she needs someone to run it . So i googled and seems like a scam i called back and canceled. After, he said I needed a state license to sell insurance and its a 32-hour course that costs $124 deposit. 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.
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