pfs investments pyramid scheme

I want to get out of there now. I finished having a fake interview last night and was literally thinking about going to that informative session. Thank God for the info I found out on the inernet. However, it does not mean that because it is legal that the company' structure is not shape like a pyramid. So sad. You pray upon my people and I think you suck. But MLM is a ripoff because they promote a false business opportunity. I received a call from a woman named Mary stating that someone referred me to her and asked if I was still looking for a job. He kept repeating that they are teaching people how to use their money, but without really saying anything else. Report pyramid or Ponzi schemes to the Federal Trade Commission (FTC). I have a job, but looking for a change, I feel bad for people who are out of work and are honestly looking for a job! Good thing I have learned from Dr Phil! And no-load mutual funds through Vanguard or Fidelity beat the high expense ratios and sales charges of the ones Primerica offers. His BTW came out his wife works for DTE because he says during this interview I always tell my wife after 10 years of her working for dte she will be able to retire and be a stay at home mom like her dream and that is soon, SO I ask, Do you work there during the days and at which location She tells me and says Oh this is just my side hustle everybody has to have at least one, I used to do make up and hair, weddings and birthdays, blah blah blah. 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. I was about to have an interview tomorrow but I cancelled it. We walked out to our cars, him telling me about how successful the evening had been. He gave lots of the same info and elusive answers reported here. No one says where these happened tiothem, and i would like to know where they live, and how many people in that area experienced the problems written about here. Now, I really did enjoy speaking with the woman and we got along great, but the whole thing did sound more like a sales pitch than an interview. I was brainwashee by Islam and than when finally was free away from and than this so called god/family/business cult comes along Oh how sorry i am for my 10 years of life I had the same gut feeling to google and see if this was a real thing. With traditional firms (i.e. he will help me get lower car insurance, maybe life as well. I also received a phone call from a guy who said had my name refered to him by someone. Is Primerica a pyramid scheme? - Quora A recruiter found me on Linked in and said he was impressed with my resume and feels I am qualified for a position again like everyone else I asked for more information and very vague did he explain to me the concept of this company. She also said if I fit for the position I would need to plan on staying longer to go over more information. But it is however a business opportunityand lets face it other insurance do not function internally much differently. So excited that I had an interview yesterday!! I did the hard work, but realized that I am was more ambitious than most. Well he cleared my somewhat strict prerequisites and I accepted his request. Nobody in our company will stop you from being great and doing great things for people. I was excited and didnt even think to look up the company until I got a text message at 11:30pm to confirm my interview. I know I have to invest a whopping $99 to start my business, and another $25 a month for news and training. He works VERY hard for his money and does not seem to be producing a lot of it. http://www.sequenceinc.com/fraudfiles/2015/03/multi-level-marketing-is-not-a-business-its-a-pyramid-scheme/. Pre-Paid Legal/ LegalShield is a company that offers basic level legal services as a monthly subscription and a discount for attorney's inside their network. I was just contacted by one of these clowns and told based on my god given gifts I would be perfect for this opportunity. Look into those; and if the person you are dealing with only goes to the one service and being a rep,, find another Primerica person to help you. Aww. I ask for the companys name and he said Primamerica. She told us that most people in the company are able to make 6-figure incomes, but thats a good thing, since they help people get out of debt and become financially independent. Was hit up on LinkedIn and Im not looking for a job but still wanted to search out what crazy company was messaging me on LinkedIn again. Kool-aid anyone? Of course, now looking back and seeing it for what it was, I see why he wanted to hide behind secrecy. Sadly, it wasnt real. She handed me a clip board and asked me to fill out the information requested. Hence, the dance around questions began. Again, we talk a long time. You would be an independent contractor, so they dont care what your age or appearance is. Once reading all these reviews I called back my recruiter and asked for more details about the interview and he was vague. There are two levels of people in the business, not infinite levels. Taller than me by a little, he had slightly bigger hand but no grip. Yes, you must be licensed, for life insurance and securities. Ive been self-employed all my life and, just like real estate, if you dont work, you dont get paid. In conclusion I think its awesome that they make 30 million a year off active reps paying fees, from a business standpoint, of course. Fortuna, the goddess of wealth!? I ALWAYS check out a company before interviewing so after reading the above information, I gracefully declined the interview. I had a few drinks the night before. FINRA reports that this firm has 21 total disclosures on its record, including 17 regulatory events and 2 arbitration awards. We set up an interview for this Friday at 1:00. Like I said, its a dive bar and the usual clientele is pretty rough. Lawsuit Against Expert Witness Highlights Issue of Conflicts of Interest, Jackie What an interesting comment! Its ok Tracy we still love you. Mike No matter what they tell you, MLM is not a business. I then sat through the presentation which also seemed legit because the two presenters just seemed so down to earth and passionate about helping the common man (except the guy who kept bragging about his house and cars). Primerica also works with affilitates insurance agencies that deal in home and catr insurance, even selling home security systems. http://www.sequenceinc.com/fraudfiles/2013/02/is-multi-level-marketing-a-legitimate-business-method/. I Googled the address and found out it was Primerica. Everything else followed was muffled. Its funny how my perspective has changed. The critical difference between network marketing and a pyramid scheme comes down to the products and services they offer. 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. I follow their stock using an app called Searching Alpha, which is an app that has people doing analysis of various stocks. Thanks guy- I am happy I did not fall for this prank. They guy even scratched his back while slumped into his chair. That you have to buy your own business cards even? If you believe the internet only posts the truth, you are dreaming! Yes, Orlando, pyramids are illegal and MLMs have very carefully crafted their companies to APPEAR not to be pyramids. Im not trying to drive traffic to Pink Truth. So she asked me to go to an interview with her manager and she gave the adress and my interview is tomorrow but after reading almost all the comments above ive decided that im not going and im so glad that i saw this before going. Do your research people dont fall for pyramid scams. Now thats a successful company, but many fail. Just got a call from a Primerica recruiter, who set up a alleged interview for tomorrow. I usually check into these things before setting up appointment or returning calls. She gave me her name and phone number, but it wasnt after she left that I realised she never said what kind of business at all. I was in college when they reached out to me about coming there to work. Call away, I figured. I told them that Id have to think things over, though it took a couple of times for me to say that so that they understood. tell me what you need and we will basically be pen pals. When I enquired further about the details of this opportunity to make extra income as my schedule permits He responded to me telling me that I would be licensed with my state and I would serve as a financial GPS Lol. now she has been pursuing me saying she has another office and she needs someone to run it . I took a few deep breaths and began to greet reps I knew as they began to enter for the Opportunity Night. If this issue was costing them money, they would change it. 100,000 reps times $25 a month equals $2.5 million a month from its own employees., http://www.businessinsider.com/citigroup-primerica-ipo-2010-4. 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. They contact the job seekers with an offer of an interview for an opening. I told him I usually work in the summer but this summer didnt work out so I started taking some summer courses. The evening eventually came to an end, and I watched John as he scored 2 new recruits. She the. Im rather candid so I mentioned i was a bit dissatisfied but hey, it pays the bills. I guess I get to add to the list, I received a missed call, I dont check my messages usually and I typically just google the number and see what comes up and then once something pops up I call or dont call this time nothing came up so I called. Are there good people in this business? ?, Dont you want one of these nice vacations? Those are games we leave for the devil. 4.) People should learn to use critical thinking skills before jumping into something like this, as they prey upon your emotions and desperation. I received a call today from a lady at Primerica, stating that someone referred me, & she would like for me to come in for an interview on Fridaybut when I asked who the person was that referred me, she couldnt give me a name. Identify bulldogs in your contact list and recruit them so you can make money off those go-getters and build a strong downline. I got a call from somebody in Primerica named Curtis. By the way, based on those 2.28 policies you sell all year, your commission will be maybe $300-$500, less all your expenses. Was this review helpful? The reason for a lack of business card is actually the business model of Primerica. Cryptocurrency: The Modern Pyramid Scheme - Berkeley Political Review Again why have they not been charged if they are doing something illegal? Watch out especially for Melissa Allen- highly unprofessional, rude- and will say anything to get someone to an interview. He added that the goal for all individuals is $1 million before retirement. Common Scams and Frauds | USAGov Meeting ended abruptly, shook hands, and informed him that this probably was not for me. I told them I would have to think about it and let them know but they offered to sponsor me and they paid my $99 fee as well as the $25/month fee for the first month which made me feel less suspicious. Im no stranger to mlm. Presumably because the recruiting pool is getting less and less educated. The interview was over after he scheduled a home visit to talk to my parent and im cancelling that appointment because Im 95% sure im being scammed. Summary: Primerica is a legit company with a long track record. Surely a man that professional-looking would be deterred by someone as inexperienced as me in the room, I rationalized to myself. My biggest issue with most of these posts is the fact that the reps are approaching people in random public places(i.e., work, grocery shopping, launder-mats, job seeking seeking sites, etc.) Im a chatty bend-your-ear kinda bartender, so as shes sipping her coke we start up a conversation. I caved and spoke to her, trying to ask questions about the job but she was extremely vague and told me that she was having a training next week and invited me to come along. Weeks went by and I dismissed it completely, until I listened to this podcast: http://www.thisamericanlife.org/radio-archives/episode/543/wake-up-now They have a lot of my information?

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