I asked what it was and he was kind of vague, but I humored him and said that I would be interested, as I am in the market for a part time job given the added expenses of my fathers death. I emailed them and set up an interview for tomorrow. I was left dumbfounded by all these comments. All of this is broken into ordinary conversation somehow. Ive very good internet skills. She then proceeds to pitch to me what Primerica does and how important life insurance is. A pyramid scheme is a fraudulent and unsustainable investment pitch that relies on promising unrealistic returns from imaginary investments. The people that I know who were roped in were all pretty dumb with no college education and in a dead end job. 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. I have an interview with them tomorrow. The conversation gets deep, takes philosophical turns. I pasted a smile on my face and said of course, hes expecting you, he just stepped out for a few minutes though inside I was fuming. Denise Its sad that youre promoting this scam. I will say that the highest ranking person I worked with has now been involved with the company for over 30 years. So glad I did! Now YEARS later Im getting calls from them. I furrowed my brow thinking I thought he was making those calls for ME.. shouldnt I get credit for those names? lady called me said I was referred to her?, scheduled an interview, Something told me to google what little information I had, found your blog! Everyone knows its MLM even though the company avoids the term like the plague. This is how Primerica works. No one ever said it was going to be easy, and if you thought it was, then i dont know what to tell you. Like the $1000-$2000 a month for 10-15 hours a week? Thank you for everyone posting. So j just kept searching information about this company and after reading this post and threads I decided not to go to the interview. 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. Website: Visit Website Phone: (800) 544-5445 I feel more insulted then anything right now because I think the two I met were only there to seek for people. And we are educated, if we werent, we wouldnt have had researched about primerica. Real estate agents and brokers are not in the business of recruiting. The guy who stated the *69 comment, yes that does call back the last call, so why tell someone that you are blocking a call and why are you calling back a number that you already talked too?!?!? He tried recruiting me so I took the interview mainly as a courtesy to him. Thank you all for this i guess i wont be going to that appointment today. When she gave me speech about how they help people save money and so on, then she said are you ready to sign up for the classes? Legit MLMs and pyramid scams have a few key differences. Im glad I did because this job sounds JUST like a job that sent me a postcard a few years ago saying they wanted me to work for their company. He then tried to get my bank account info right after and I just barely made it out of that. 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. I thought that was weird; if youre going around job recruiting at Target, you should probably have a business card. Similar situation So excited that I had an interview yesterday!! I was irritated. The funny thing about all this is that no one mentioned that Primerica is a NYSE company. 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. A pyramid scheme does not refer to the layers of management that you see. 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. That night I came back to the office a bit before 6, when the first interview had been set for. I thought I had a job interview today where the man switched to trying to get me to be a Primerica rep. He introduced me to that person and I presumed we would be going to an office. She asked me the most useless questions ever, such as, How do you want to be treated if you work here? She was also unable to give me specific details about the position I was interviewing for. He also told em they were looking for leaders and instructed me to call him to schedule a meeting. As you also stated, there are no downlines involved. I didnt have time to listen to the whole message at first and wanted to Google the company before I returned his 1 and a half minute message. And for easy monthly payments of only $25 Im really glad I came here, because they hadnt even gotten around to mentioning the other company fees yet. Think Enron, Bernie Madoffs investment scheme, etc. It is mostly about convincing them to but term life insurance of which, the first yr. payment is split among his upline. One person wrote that she heard people cheering YES we do that because we support the people who are working and we give accolades to them. Then after 45 mins he told me to come back. Nothing worth having is ever easy to obtain. Thanks for the info, I got a call from them this morning and promptly cancelled after reading this. He gave his spill bout himself first then went on to explain how things work. http://www.sequenceinc.com/fraudfiles/2015/03/multi-level-marketing-is-not-a-business-its-a-pyramid-scheme/. 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. Can be a plane, train or automobile. So i said maybe on a follow up meeting i will do the paper work. From what Ive read, I think I am passing on my interview this week. He works VERY hard for his money and does not seem to be producing a lot of it. I was interviewed and he said that there will be second interview by his boss and at the same time their VP. He never mentioned the name of his company, only that he was impressed and wanted to figure out if I was a good fit the sort of leading language Ive seen others report thats meant to make you feel desired and special. It unfortunate that anyone that has been told that theyre having a job interview and later feel that they got taken. This did not yet trigger any alarms for me as I had interviewed with a couple construction companies on that edge of town as well in similar accomodations. I received invite to interview I emailed the guy this morning after I slept on it and told him that I was not interested and this was not a fit. You cannot fail if you do the work. Allow me to tell you about it. I had to fill out some kind of assessment that would tell them which management training program would be best suited for me. Two days later, I find out that he hasnt paid the bill on the employee health insurance, the insurance lapsed, and now people are getting medical bills that were supposed to be covered. I hope she doesnt see this thread because she will get defensive about this company. I got recruited by this chick off of tinder. With currently over 90,000 representatives, Primerica may have reached that point. If you really want to sell financial products, youre much better off doing so through a company that is not an MLM. First of all idiot Pyramids are illegal! Very happy with Merryl Lynch, thanks. My contact and I talked a bit, and she escorted me to the door, and I went on my way to run some errands that I had intended to do earlier that day. After, of course, buying into the company and getting my license, etc. He did have an office, yes, but that doesnt necessarily mean he made the money to keep it afloat. The receptionist and her shared a vague facial resemblance. Low-Cost Business Startup Not every business opportunity comes with a low-cost setup like Primerica. why are they still in business? Scum Bag Scammers! Got approached at a random target by a lady commenting on what I was wearing not a job. Financial investments 6. That fact in itself should be an embarrassment to any organization, requiring immediate action. He acted surprised that I had not. 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. She never called me back or contacted me again. ..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. The fact that she had to describe it as a business opportunity, and not a job already set off alarm bells, as such language is common in many scams, but I went to the interview to see what it was all about. So the First 20 minutes seemed normal, but then it got suspicious. Within a couple of hours. She said my educational background would be beneficial for helping middle class people., I was really confused about what she was calling about. We finally found David. OMG This is soooo true. What should I be doing? Mind you Im sick w/a bronchial cough sure not looking or sounding my best. promote propaganda and sob stories of people getting shafted out of their whole life or group life insurance as a scare tactic. The business of real insurance agents is selling insurance. As always, researching before contacting is saving me from MLM opportunities/, I had a brief interview with a ( PRIMERICA REPRESENTATIVE ) , right from the start i saw the deceptive BS that they where trying to scheme up. Never going to a meeting after invited and said you would. He told me Primerica can be compare to charles schwartz, and a list of fortune 500 financial companies.Anyway, thanks for saving a hour drive to the interview. I noticed several of the new people in the front row looked very restless, like they just wanted to get out of there. Its also sad that what is posted here is TRUE. Period. GREAT!! * 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? When he came back in the office, he explained that there just happened to be a presentation that night that hed like for me to come to. Will not be going to a sales pitch to get me to go do sales pitches to other saps. The crazy part it that this PYRAMIDS are legal. Was this review helpful? Forbes predicts Primerica will do to financial services what Amazon did to retail! 2. This business is in a unmarked building near a woods, although that was scary enough I reasearched and found this. I was an ex muslim / teenager from afghanistan with 3 jobs when i got sucked into this unathecal business . But even better, in a real insurance agency, the goa is to sell insurance. I was also approached at a mall with the same story. 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. yet he hasnt received a check from them in month. MLM is: I was approached by a husband and wife in a Neighborhood WalMart store. So glad I did. Turning people away from God will eventually turn you away from Him and all his promises for you. Possibility of excellent income. It came off exactly as I anticipated, money, money, money, completely scripted and complete with props and pictures. They explained how everything worked and it all seemed to be on the up-and-up. Ive seen people come in, get hyped up and quit their jobs, only to be screwed in a few months. Today I received a phone call today from a recruiter who found my resume on Careerbuilder. To all of the above comments and so called pros in the MLM companies, to each their own. 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 *******. This, by the way, was part of her voice message. I am really glad I did my home work on this company and thank you to every one for the honest postings I will not be wasting my time with scams. Anger gave way to fear.. what if I interviewed him and messed it up and he stormed out of here angry and calling it a scam? I first indicated, I was not interested in selling financial products and not sure I wanted to apply. Jeb The reason why they dont give you any information prior to the fake interview is because IT IS A SCAM. . It is not easy to get started, but I must say my brother-in-law is very well off today and one of the top salesmen in Texas for Woodmen. It was a negative environment, no formal training, and they took all my leads. He texted me the address (unprofessional) and me, being naive agreed. Hopefully she has read all the history on this company and so on. Its about finding suckers who can be talked into signing up for the MLM. There seems to be a way to make money but you have to be highly deceptive and cut-throat, oh, and pretty desperate to make money in MLM. On the day of the interview, I drove to the adress of where the interview was, I expected a big company with a sign of the name or something. Then why was he so eager to get ahold of my stack of resumes, leads I had paid for?? As for life insurance itself, a small whole life policy with a reasonable death benefit can be helpful in protecting your spouse if you die suddenly. I appreciated his candor. Wow, I have an interview set for this Tuesday, needless to say I will not be going to it! They are a scam! He was dodging and kept pushing the interview. The guy I did the interview with was bragging about how much money people made and that turned me off even more. Oh my bad I guess money is a scam to you as well. From that, I just wonder why he wants my wife to get involved on this.. Lol! 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. And they didnt really seem to give a sh&* that I was cancelling. She called me today asking me about coming in. Not that it matters as essentially every three years the sales force has been completely replaced, except for the 2% who got in early years ago. There are two levels of people in the business, not infinite levels. Young people of united states and canada please pass this pages along to your friends . Real estate is a legitimate industry that is based on the sale of something real.
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