It unfortunate that anyone that has been told that theyre having a job interview and later feel that they got taken. The rep said she got my resum through Monster and wanted to give me an opportunity. I put down my 5 usual references for jobs and returned the clip board to the receptionist. If you believe Wall Street has a moral compass you are sadly mistaken. Youre building a team of individuals to get them to the top, too. Therefore, before joining Primerica, you might pose and ask yourself if it is a pyramid scheme. A legitimate company looking for new employees is not going to waste more time calling a candidate who did not call them back, particularly considering they had no information on me or my job experience or training. She set up an interview for me tomorrow and told me to dress in business attire. PFS Investments Inc. (aka) Primerica Financial Services. I will say that the highest ranking person I worked with has now been involved with the company for over 30 years. Only two other rooms seemed to be in this building, a walled-off office and a copy room that was more or less a bump off the main hallway. The good old fashioned telemarketer approach *laughs*. You can certainly shop around for better than what Primerica offers. This was an immediate turn off for me. I could barely understand the guy. It was the first time I smelled something fishy. While often legal, taken to the extreme, multi-level marketing becomes a Ponzi scheme. Thank you all for clearing my skepticism up, time to block Mr. Jack. Asked for my phone number, stating that while he didnt know my situation, he would be interested in offering me a job. You wouldn't want to associate yourself with them, especially when fully aware. Also this company has to be licensed in each state by the Insurance Comissioner. 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. but after reading this I wont be going. I wasnt about to put my plans aside for something as ambiguous as that, and seeing other people talk about their experiences, Im glad I didnt. Were looking for employment & to get taken advantage of. Did he expect me to conduct this interview? The meeting was for today, in fact. A pyramid scheme does not refer to the layers of management that you see. 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 *******. Even though the warning that you cant believe everything on the Internet is certainly true there are sites like this that give the true accounts of people who have been there, done that, and you should take heed. First of all, the company does have physical product within its structure - insurance and financial services around debt-solutions, investments, legal protection, etc. If the only business positions are in Georgia, what do they expect people to believe they would be doing where they live? I met with him and the regional Vice President yesterday and he took me out to lunch after the meeting. Ok then why do you work at a retaurant as a sous chef then? Why dont I just go for this so-called interview, gather the information they want to give me and make my own decision as to if its something I want to do or not (like Charlotte did). (OK, he didnt really say busy busy busy, but now that I think back that is the impression that he gave me.) Now, of course, I see it through different eyes, more objective and analytical. I mean, my pitch would have been an honest one. I told them I didnt had the money so the lady told me Icould go some other day and its been two days already and Im scare they use my social security # for a bad purposei want to go and get the paper and ripped off so i could feel safe but idk what to do Can anyone tell me what should I do. I WONT BE GOING!!!!! And where, exactly, are you going to file that complaint? So when I flat out asked for a job description, he said that the company was branching out from neighboring Moncton, and because of this they would require an office manager. Unlimited income potential. In reality, they own nothing. The activity on this thread keeps the page at the top of Google searches for common phrases related to Primerica. no phone. 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. However, companies, I was in college when they reached out to me about coming there to work. 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. Pingback: Why Do People Join MLMs? He ask me if I know this name. The interview asked me only 4 questions and asked me to sign a contract looking employment form and said that I need to pay 99 dollars to pay for a background check and that i need to get a license. 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. But dude. I had an interview yesterday with the regional Vice President. She told us that her and her husband are preachers, therefore we should trust them. He told me to have a seat and that there was going to be a presentation. I was there in the bulding today just asking ppl some jobs & met a young lady going for interview & I ask her if I can follow her to know more about the job & she was nice to me to let me follow her. Im not looking for a job. I almost felt like filing a complaint with the DuPage County States Attorney, at best make them aware. Then she laid it on the table: I needed to go out and start recruiting. Wow, I have an interview set for this Tuesday, needless to say I will not be going to it! Like he told me, eventually this isnt a job. I would certainly warn anyone who might be roped into this to DO YOUR RESEARCH!! Thats how I found this site. It all felt very sketchy. Its not a business, its a scam. Is Primerica a pyramid scheme? I was approached by a lady who came shopping in the store I work @ now. I was looking for a receptionist or something. When this approach is adopted, the need for the original insured amount would not be necessary. She also had sold Avon at one time too. Got a random call for an interview for a job as a trainer that I never applied to. There was some meeting in another room which cheering and whoops could be easily overheard. http://www.sequenceinc.com/fraudfiles/2015/03/multi-level-marketing-is-not-a-business-its-a-pyramid-scheme/. I was so mad I couldnt sleep just thinking how deceiving people can be! As for the Author she seems to have ulterior motives and a chip on her shoulder regarding the company. Yes, you must be licensed, for life insurance and securities. The one thing that did get me, however, is on Google Maps, the place did not have a name. Apparently she works at the bar we are sitting in, but is not in that day. My interviewer did not have a copy of my resume. Many thanks! Im still researching the fact, yet still smell pyramid. I totally see it now. If you really want to sell financial products, youre much better off doing so through a company that is not an MLM. Still no mention of the type of work. Its EXACTLY as described. I decided to research the company ahead of time and it lead me here Might i ask the opinion of those whom have dealt with this company: my experience thus far, sans interview sounds eerily similar to some other accounts Ive read here. After, of course, buying into the company and getting my license, etc. Right before the presentation I actually heard ex boss whisper to the young sales man, I thought that this would be somelow hanging fruit for you and nods to me. So how did my interview go? Its such bull do do guys. I felt awesome, like he had seen the potential in ME to want to spend time teaching me. He not once mentioned how or why he chose to contact me. 4.praying primerica is what it is for good, help me with these to open up my next store FOR GOODfor all you i dont believe a business can be good and their only out for my money. Website: Visit Website Phone: (800) 544-5445 I hope she doesnt see this thread because she will get defensive about this company. MLM is: I asked him if he was headhunting and he said, No, Im actually early for a business meeting and your personality caught my attention. Here is another good read that breaks down how much the corporation makes just from recruits, and reps: I dont know man. He frowns and shakes his head at me. So far, my experience has been very positive. Get the BLEEP out my house before I rip our your weave!! Had he invested his 30 years with any number of other companies, he could be retiring with tons to show for it. I would not call it a scam, but they are overly persistent and do not take a hint unless you are forceful. I realized, for the tenth time that night, that this guy was an asshole, and that was most likely what had halted his progress in his business. 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. About 20 minutes later I received a phone at my job stating his name was David. This guy has spent 30+ years of his life working for a company that promises VERY SIZABLE returns but delivers very little. You pray upon my people and I think you suck. Toward the end of my time there, hed told me he wanted me to set up Primerica as the retirement investment for employees. Act really dumb and make them explain things 3 or 4 times. Not once did they mention anything about a job until an hour into this interview of them talking about prices for my family. Its legal, yes..but a scam in every sense of the word, that relies on cult mentality. 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! What can I do to vanish that and get my money back, They will miraculously tell you that the mail has already left but i think you can get a partial refund if u push hard enough, Based on their Annual reports (which can be viewed online), the policies sold per rep currently averages out at 2.28 PER YEAR!!!!! Then she talked about the opportunity to make money, but it was NEVER presented to me by her; or any of the other Primerica reps that it was any kind of a job interview. Primerica also works with affilitates insurance agencies that deal in home and catr insurance, even selling home security systems. Just went through class. 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.. It went from $53 per month to $197!! I thought its not that bad, I currently have another job working as an assistant to a real estate agency. It wasnt my first time hearing from Primerica. This is a pre-paid legal services plan that provides members with access to attorneys for a variety of legal needs. She stated that it would be for the Fort Lauderdale office but that more locations would be opening. Please please please stay away from this scam!!! Then once the first lady satrted talking all I could see in my head was Wolfe of Wall Street. She asked a few questions about my past work experience as well. Overall sounded ok but things started to not add up. Which is why a I didnt go down that path. I assume there was a bathroom off the other direction, but I never saw it. 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. This place is a joke, dont waste your time or money on them. Tamara I have simple advice: Dont go. not a business I dug and dug until I found PFScareers.com which is the new recruit site. After the presentation I went in to talk with the reps I talked to at the outset of the interview and we went over how the work schedule would work and they asked me what days I was available and when it got to the application portion, I hesitated. Primerica is an insurance company. None of them could answer my question(s) without talking themselves in a circle. 3.) this is wrong! She went thru a 45 minute pitch for their pyramid scheme. And if done ethically, sales is a service so dont mask your phone pitch as helping out people financially. If people have to pay for your help, you are selling. Just then someone clearly answered because he quickly spoke into the mouthpiece, his voice fast and sharp, Hi, Im looking for Amy I listened to the call and to him book the interview, but my thoughts were jumbled. I walked into the office and was greeted by a receptionist in her mid 40s. Just dont give up! . With traditional firms (i.e. Auto & Homeowners Insurance 4. It was all a bit creepy and unlike anything I had experienced. I feel dumb. Awesome reviews everyone! So what you are saying is that the other insurance companies must REALLY over elevate their prices. Hey every body, i have a guy friend who works at a local health food store, he started telling me about 6 weeks ago about this new business he was recieving training in, he connered me today at the store, and asked if i wanted to sit in on a meeting to see what its all about; well i new something was up when every one was all cheerfull and glad to have me there, i lost count how many people said that to me in the first 20 min, Then came the brief infomercial about the exotic trip you can go on if you just earn enough points, every one kept talking about all the money and free time you can have fro your self, but never once did any say exeactly what you do to actuallu earn any money, oh ya then there was this manditory meeting you have to attend 1200 miles away, and wouldnt you know, they started right with telling every one if you did not make this meeting you simply were not commited, Wow.. Any way after about 45 to 50 min of this i told my friend i was going to leave and research this out online, you have no idea how good it felt to walk out mid presentation, i bet all eyes were on me you what i missed riding my bike tonight because of this.. Dont waiste your time people it is a MLM scam.. I told her I will be but next month and gave me a choked faces and asked WHY, told her I dont have the money to pay for it. If you have been invited to an interview, I can tell you that someone cared about you. Think Enron, Bernie Madoffs investment scheme, etc. I went to the interview to meet Anthony. It just all seemed very cheap and tacky, like the trinkets around the office. Some people are so desperate for money that they are blind to this. 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. A pyramid scheme begins with one person or a small team recruiting participants to join a new business venture. Additionally, the MLM structure sucks for the Primerica representatives. Puffing up a business opportunity does not translate into real business skill. One last question: Might you also direct me to the financial services provider anxious to hire a gray-headed, chicken-necked, bifocaled old cronewhose work ethic and ethics generally are strong?! However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. Hey guys I need some help I wish I saw this before the meeting but I just got home from it. PFS Investments insights Based on 23 survey responses What people like Supportive environment Clear sense of purpose Time and location flexibility Primerica Financial services Pays really well. I thought the man I was working one on one with , who was soooo nice was helping me set up online banking , which is what he said , but in reality he was going into my account taking money out which he said they were not gonna do unless I signed up for the classes at a later date. I spent an hour on the phone with Vice Presidents in three different areas. 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. I got referred to Primerica by a fellow friend of mine. The MLM company has all the power and they just sit there and watch the money roll in while their distributors lose. (Unlike in regular companies where everyone makes money, although some make more than others.). If you didnt get the license or actually go on the field then you know nothing. I informed him this job sounds just like the foolishness I mentioned above, and that I will continue to research the company before I consider whether Ill go to interview Friday which I highly doubt I will do thanks to this page! MAIN ADDRESS. 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. You have a manager a supervisor and an employee. (Formerly pre-paid Legas Services, membership I have had for 16 years. I received a call on Wednesday from a classmate she just graduater from high school and im still there so she told me that she works for a growing company but she didnt say which company it was she just asked how old i am and if i was looking for a job as almost every high school student i am looking for a job and i have applied in so many places but they havent call me. It is not a traditional job. In the end i never scheduled a follow up. Schemes use generalizations. Well John went into his little script of how he found my resume off of Careerbuilder and thought I had what it took to help the business. Nothing! Then a few weeks later, comes our leadership retreat. THIS IS A BUSINESS, and youre too lazy to work for yourself or want to educate people on their finances. this woman I met about two years ago at my job . She essentially made an appointment for me anyway for Wed at a place in Mission Hills Ca. BBB reports on known marketplace practices. He clapped me on the shoulder with a hearty see you tomorrow for training! and I watched him climb into his beat-up Honda civic. He stepped out of the office and I could hear him sound like he was talking to either a customer or another interviewee. Like the $1000-$2000 a month for 10-15 hours a week? Its not a business. She looked to be in about her early 50-s. Much older than the crew she had working for her. Thank you, I had my interview with Primerica roughly two hours ago so ill explain my story while its fresh. 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. A pyramid scheme is usually an illicit activity in which recruiters urge participants to invest money with a promise of high returns. And thats why I have not fell prey to their scheme of getting people to recruit. Its all true. User Andromeda is obviously a recruiter that works for PRIMERICA. Now YEARS later Im getting calls from them. 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. thank you for opening my eyes! They have my info and I am They provide various types of insurance, debt management, financial investment, and credit monitoring services. Now, I did not get asked to pay anything and was told that Primerica would pay to have me licensed, but I was also told to come back for an open house to learn more about the company. LOL, Lol thanks God I look it up and they give you such an hope like youre about to win big smh I waist my time dressed all nice thanks God I didnt register yet Im done with them. Thank you for this information. She told the lady who contacted her to give me a call the next day. ..so i asked her if its such a legit company why do I have to pay for my background check and why is there so much secrecy and then sign of primerica is most outside. I was VERY unhappy in my job and I had been actively looking. Multiple levels = MLM. Ever since I graduated my undergrad Ive gotten random phone calls from shady looking companies that I never applied to. I ended up going to an interview, thinking that it was with a company called Coldwell Bankers, since it was in the same main building as them. I want to get out of there now. At the time though, it didnt sit right with me. Told me hes still interested, to come in today and I said I was too busy and had no time. I am now on the A-TEAM, she says, a daring-do group of financial managers that will change the world. Thats the difference. She gave me her spill . Throughout the presentation I grew more and more skeptical. 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. LOL Stacy. Taller than me by a little, he had slightly bigger hand but no grip. For how many people were in this office suite, it seemed rather small At least the atmosphere was one of a party variety My interviewer asked me a few brief questions about myself, but seemed disinterested as I told her my work history and personal skill sets. Luring young grads seems to be low hanging fruit for these guysmostly because these hungry go-getters that dont know any better. I know hedge funds can guarantee growth percentages, but never can they guarantee one that high. I didnt think much of it until I went inside. Googled my way here. Write by: . WHEW!! I PAY MY OWN TAXES. 99 for the background check, 25 for the POL, and 50 for the deposit on life insurance. Were looking for someone to hire and train as a investment advisor for expanding finance department. I am left feeling overly annoyed. I also heard the leadership bit. The location seemed extremely sketchy too. Randomly the thought popped into my head, he also said working 2-5 hours a week would mean an extra $1-2000 a month for your family but I quickly dismissed that thought. Have worked as a broker before, was in an MLM in the 90s, and I just dont like being cutthroat and lying to people. Everyone gets invited to stay for the informational session, and everyone will be strong-armed into signing up as a representative. A pyramid scheme is an endless chain recruitment scheme in which distributors recruit multiple levels of distributors, with money flowing up the pyramid to the recruiters at the top. I retired from a 20 year career in the U.S. Air Force in 1993. This deceptive practices should be reported. The theory is this approach will provide a greater rate of return compared to the paid-up dividends of a whole life policy. He has dedicated his most productive working years to a system that will never be able to deliver what it promised. I was looking to start a part time business. The recruits are required to invest money into the venture, pay membership fees. And we are educated, if we werent, we wouldnt have had researched about primerica. I know I have to invest a whopping $99 to start my business, and another $25 a month for news and training. Afterwards I was a little bit unsure Id made the right call I am unemployed, after all, and work is work so I googled Primerica Scam. In the classic "pyramid" scheme, participants attempt to make money solely by recruiting new participants, usually where: The promoter promises a high return in a short period of time; No genuine product or service is actually sold; and The primary emphasis is on recruiting new participants. I was so flattered! As I read these comments, I am curious as to if the author took the time to do a THOROUGH investigation of this company. Harrison sounded very legit. If you are looking to contact Primerica directly, call them at (800) 257-4725. I just didnt understand.. when they hired me on they told me that referrals would pour in and we never cold call.. in fact the company prohibits it! complete with fake hearty chuckle. As you also stated, there are no downlines involved. On top of that, the lady who talked to me one on one after the presentation kept trying to get me to give her more peoples names and numbers and I told her first, I didnt know anyone. This is a good money maker for Primerica and the finance industry in general- all on the backs of reps. If you have a 6, 63, and 7 series. Im a server and i waited on this guy and his family. They allow an objective summary of the facts. I got called on resume. Came home and typed the company name into the search bar. He did butter me up, but Im no fool and and the fees were ridiculous, didnt make sense. Am I applying for a job? She deflects quickly, This is the part when I get to know YOU. This part-time position, in particular, Im thinking might also allow me to train in a new-but-related field at little or no cost (save licensure fees). Thanks for this website, now I know its a scam and Im calling off the interview!! I realized what it was after that meeting immediately. He also told em they were looking for leaders and instructed me to call him to schedule a meeting. The first inkling of a warning flag went off in my brain. I had come across this blog a few months back after hearing about this scam. I went to the interview and I payed the $99 and they have all Just had an interview todayit stated just as everyone elses with a phone call from a lady stating someone gave me your name and advised me you were looking for work and you have a background in administrative work and customer service she said she wanted me for an office manager position. I dont see any suggestion there that newbies may expect six-figure earnings? I had met him before but never followed through. Ex boss explains that he also wants me to set that up as an employee benefit. But he had no idea who. He picked up the phone and began to dial but I noticed he pressed *69 first.. what, he was blocking the outgoing #?? With a one-time fee of $99 and a monthly fee of $25, you can make more than your startup cost in less than a month. Reading this gave me something to do for a little while this morning and appreciate the honesty. Heavy on company info and presentation. They asked me to come back for information session next week. I am so ashame to be same species as John adison and glen williams . Id rather make money selling the product than recruiting others to recruit others to recruit others. This is how Primerica works. 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. BUT, there was something not quite right about him, too smooth. Got an e-mail (I use that term lightly, he had a hotmail address) from someone saying my resume had been passed on to him.

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