MLM never has appealed to me. Are you saying that all the people who commented on this thread that they participated in a fake job interview like this are lying? * If Primerica is a scam, how have they been in business for almost 40 years? And yes the higher ups do benefit from your recruits they arent going hard for no apparent reason and they will convince you they are blue in the face that Primerica will help you build your own business within a business. However, the options you'll be presented with are dependent on your age. I said that I was exclusively looking for Purchasing/Procurement roles as I was a buyer. I said I dont have the money (but the back of my mind I know that it is already a scam). They asked about my work situation and I told them that I got a job a few months ago. Well im not going to my interview today. As cool as this possibility sounded, it just seemed way off, I had many red flags that popped up and wanted to inquire on them, one of which I did, but figured Id investigate a bit first. About a week later she calls me. So the First 20 minutes seemed normal, but then it got suspicious. Wow thanks I have interview Monday but I will canceled. 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. Criminal background checks required. I would see this slightly desperate look in her husbands eyes every time he asked if I would be interested in joining. In this review of Primerica Aaron Goldsten, who was a representative for a year in the mlm primerica financial services reveals the truth and talks about the. 5. You need to pay 99.00 for a background check and need my sos and license. I could hear a party going on in the background and the aroma of delivered pizza hit my nose. Its all recruit, recruit, recruit and eventually a profit will be turned when enough people are in the downline. Thats just the first of many. Were 30 mins in this interview, hes asked me for $124, 3 people i have to refer who will also pay $124, my credit card info, 25 phone numbers to also call and sell insurance too, and then called my parents for a home meeting. But dude. The company and product reputation aside, as a source of personal income they truly fall shortgenerously speaking. She the. Brokerage Firm Regulated by FINRA (Atlanta district office) IA. cattle calls they lie about and call job interviews. This fat bitch who wrote this is obviously broke as hell and cant get off her fat ass to do anything. I dont remember the exact wording he used, but I do remember that he was vague enough to leave me feeling like he was offering work with a financial business. 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. I also am one of the many that got called out of the blue for posting my resume online. Why not. THIS IS A BUSINESS, and youre too lazy to work for yourself or want to educate people on their finances. I nodded my head in agreement and the interview was over within seconds. Comprehensive training, licensing and certification program. Pyramid scheme organizers may pitch the scheme as a business opportunity such as a multi-level marketing (MLM) program. Finding your own customers and future work is real work. He just missed the Pyramid Gravy Train by a couple of levels. You have a manager a supervisor and an employee. In legal terms, the answer is no. I had heard him talk many times about the cars and houses that the top leaders in the company owned, and had asked him when he was going to get the viper posted on his wall. Dont spread lies when you failed at the business. I need a new job BAD I dont need too be wasting time on BS it was so ridiculous. I actually had to call my friend to ask what the position was and he said its something to do with sales.. Do not get suckered in, I was lured in by a friend that saw I was making pretty good money and figured 100 dollars to start isnt too bad for me. I got an email from Mark that hed like to set up an interview. (Formerly pre-paid Legas Services, membership I have had for 16 years. My parents make good money and know how to save. I wonder if the experiences shared here are indicative of the company as a whole or just unchecked human behavior that isnt managed from senior corporate leadership. I ask because Primerica agents and Real Estate agents/brokers are both commission based but people have no problem with being a real estate agent right nor do they have any issues with purchasing homes that will most likely put them in HUGE debt. From then he sent us to different people to ask us some questions. She had once had an office in an actual storefront on a mixed commercial/residential street in the neighborhood, but now ran her business with no outside marker out of her husbands auto body shop. She lost her job and became an easy target from a fast-talking recruiter that filled her head with a pipe dream. It was basically a skype interview, although it was a group interview (which they didnt tell me) and nobody else in the group showed up. Thats why they havent been charged. Wheres the money? If this company is a scam how is it we just ran the closing bell at the NYSE? One VP stated he made $21,000 last month. those guys are motherfu***** i went to the interview and i interviewed with a guy but he was so suspicious though, when he asked me for a 99$ but it should be on a bank account not cash( so they can steal my infos) but when i told him i dont have any money on me now he seemed Confounded and annoyed and there was three girls sitting on the other table they kinda laughed when i said i dont have the money, and so he immediately ended the convo and said i can come back tomorrow and give him the money and i said okay great cuz i actually believed him he was so convenience but and thank god i didnt have money on me cuz if i had i would give all my infos but thank god i didnt give him anything and so he ended the convo right away cuz in my opinion he knew that i would go back home and look up the company name and i will find this post and so i will never come back and give him anything and thats exactly what happened and thank god ive read this post this author is genius thank you so much screw those guys. She gives me a look that says, You could very well be the son I never had! It seems like a con now. During that same time period, 243,167 of their licensed reps also left the opportunity. The call was so unclear and left me with wanting more information. i said Look ill be honest with you, Im a very cynical person. Take this down before i file a complaint. They particularly seem to prey on unemployed, with a get rich pitch. Denise Its sad that youre promoting this scam. He said to meet him tomorrow at 3:30 pm at the address he provided which was a Suite building. He not once mentioned how or why he chose to contact me. I would try to ask the instructor questions about the topics and he would tell me not to ask questions just memorize the material and take the test. They explained how everything worked and it all seemed to be on the up-and-up. Called a local Primerica agent in the spring of 2011. So you see that I neither need to support myself nor expect to support myself solely via my any Primerica earnings AND you see that this particular recruiter, my agent, appears not to use the deceptive and high-pressure tactics used by other recruiters discussed above. I got a call today. And they came from very humble beginnings working 9-5 jobs now they are free and independent! Would people join if you were 100% truthful to them? Apparently these Primerica folk are misusing LinkedIn profiles for their slimy deeds. It is a shame that there are companies out there who still make money off these scams. The place where we met was super creepy, also. I received a call today for just such an interview in West Chester, Ohio tomorrow. Reed Slatkin - $593 million. Yesterday i was called by a man who said i was referred by my best-friend josh, who was his cousin. Ugh. Thank you for the information. Every person recruits, and everyone below them recruits, and everyone below them recruits, and so on. He gave me the address and time for the meeting andthats it. same here. If anyone can reply below this with advice Id really appreciate it He also has my first middle and last name, DOB, email and phone number. As soon as I answered I heard someone making silly sounds and I wondered if it was someone I knew but no it was the gentleman who said he was calling me because my friend had recommended me for the job before I was a hard worker and he wanted to know if its true..we began talking for a while. If it was cost-neutral, why bother recruiting in the first place? Your financial situation is unique and the products and services we review may not be right for your circumstances. The interview was about 30-40 minutes long so ill break it down into sections. (OK, he didnt really say busy busy busy, but now that I think back that is the impression that he gave me.) I think its great that youre considering getting back into the workforce, and its probably a smart idea to start off part time. Primerica's MO is using people to convert their acquaintances into customers. I then told him Im not interested. Hope fully this site Tracy set up will eventually catch the eye of the better business or someone who will make this kind of shady business tactics disappear . Primerica is a financial services company that states it's mission is to help underserved communities gain access to top level investment and insurance products.. Nevermind they had all tacky, cheap, white trash decor. Ive had group sort of discussions before, but this seemed to be more of them trying to sell me on a position (it almost felt like they were trying to sell me the products themselves) They didnt ask me many questions about myself, so it felt like they were looking for whoever will take their job, not who wants it. He told me about how his grandfather started the company and now his whole family owes everything that they have to Primerica. I was in Primerica back in the early 90s when it was called PFS (Primerica Financial Services). Investment Adviser Firm Visit SEC Site. When I mentioned that it seems like a pyramid scheme the upline had a rebuttal for it immediately as they probably get hit with that comparison all the time. She kept saying opportunity rather than job, or career, and my attempts to get more detailed information were deflected with promises of being answered later or at the orientation session being held the next day. Yes there are people doing it, there are also people playing in the NFL and NBA, should we promise every kid the can go pro because others are doing it? Check this out: https://www.reddit.com/r/antiMLM/comments/8ctzhz/almost_answered_a_job_scam_they_yelled_at_me_down/. Remember that Primerica reps have something to gain with whatever they tell you. 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. The dude ignored me completely. 4. http://www.sequenceinc.com/fraudfiles/2015/03/multi-level-marketing-is-not-a-business-its-a-pyramid-scheme/. They have my info and address and all kinds of info will they use it against me if I dont work for them? PFS Investments Inc. (aka) Primerica Financial Services. The crazy part it that this PYRAMIDS are legal. I read the story that was provided above and a handful of the comments. A lot of people here who are unapologetic in their refusal to show up to a meeting they said they would go to after doing research, coming down on agents about ethics. She never called me back or contacted me again. My only concern is these two know where I work. But it is however a business opportunityand lets face it other insurance do not function internally much differently. 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. I asked who the person was that referred me and the lady laughed and then said a name, and i did know someone named that but i hadnt talked to him in a year. The company with the highest growth in NYSE last year, where tesla motors had the second highest growth, is a scam to you all, who is having trouble surviving and stuck in a JOB (Just Over Broke). Then she laid it on the table: I needed to go out and start recruiting. Glad I already have a good job! I was making nothing doing work that was not only boring, but physically painful. Down below is a tiny non-referent asterisk that tells us to check their claims against the DISCLAIMER portion of the book. Its such bull do do guys. At least this way, I can practice negotiating for a higher pay level, and interviewing in general. 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. 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. I had no desire to pursue such a career related to insurance, as I prefer investing. It was sure better than his you guys arent doing anything, youre being a bunch of losers talks he usually gave at training meetings. I do believe my guy calls with an unknown number. Multi-level marketing. Whatever I did, however I asked, he would not tell me what positions he was trying to fill and that was a big red flag for me. I would not call it a scam, but they are overly persistent and do not take a hint unless you are forceful. He went in his office and closed the door. Their RVP essentially told me he only worked with people who used the product and believed in it. So glad I decided to do some research before going back. I advised that I am not looking for a sales job, as all the cold calls about my resume have been for sales positions of one sort or another, and I really do not like selling. Anyways, Im cancelling that visit and now im off to the bank to change my debit card number to be safe. Its just that the whole experience left me somewhat unnerved. He went on to explain that the company offers free financial health reports to perspective customers and that all they ask in return from the prospects is they offer up a list of 15 local contacts so they can hopefully recover the expense of this complimentary offer. I play along, cause I dunno. Hilarious response. At least i can say i tried on something that could have worked. Just got a call from a Primerica recruiter, who set up a alleged interview for tomorrow. He then scheduled me the day after, which after these comments I intend at missing again. Yes, the company offers legitimate products. I start to feel under-dressed in my khaki pants, short-sleeved button-down shirt and silk tie. I thought everyone wanted/needed our products and opportunity. Tracy says this is about recruitment and getting people to pay the initial and monthly fees. Primerica also partners with Pre-Paid Legal (aka LegalShield) to offer things like legal protectionand ID theft protection. 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 *******. He specifically mentioned that he was looking for a qualified office manager and that my resume looked like I was very well qualified. Absolutely disgraceful that there are companies like this out there. How what they do helps people. When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints. 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! So, with that experience under my belt, life goes on. I was so flattered! They are legal, but unethical. A former classmate of mine saw my Facebook post that I was looking for part-time work and called me. Luckily, I was sitting next to her so the moment she said it was from Primaerica I told her it was a scam. The main product Primerica offers is Term Life Insurance. He contacted me about a week ago about a possible part time job opportunity working for him in a company that he said earns him more money than his full time job at the funeral home. They contacted me last week and after the first decline the Recruiter called me back to give more information and requested that I come in for a presentation and make a formed decision after seeing the presentation. I though I was going on a great interview in my early twenties when I strolled into Prime America! Today I received a phone call today from a recruiter who found my resume on Careerbuilder. 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. Hey guys I need some help I wish I saw this before the meeting but I just got home from it. I express admiration and order another coke and a sandwich. 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. Multi-level marketing is not a business. I had them waste my time once before and am no longer interested in doing it again. Also this company has to be licensed in each state by the Insurance Comissioner. - 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. Looking them up, I found this thread and Im grateful I told him to take a hike. Duluth, GA 30099-4000 Visit Website Email this Business (770) 381-1000 Primary hours 9:00 AM - 5:00 PM BBB Rating & Accreditation A+ Accredited Since: 1/1/1980 Years in Business: 46 Customer. So I got a call from erin at primerica saying she got my resume off of cal jobs. The commission overrides only reach a small number of generations deep. She said she wanted to talk to me about something she & her boyfriend, someone I also know, were doing, and wondered if I would be interested in going to a little meeting at her office. He told me he worked with Primerica before it was Citigroup, and to hear that made it sound great because Citi is a huge opportunity in my area. The red flags popped up when she mentioned what the massive amounts of money people save, from paying 14 years of loans in 5 years is mathematically impossible for the average middle class consumer. Hmmmm.. No, Primerica is not a pyramid scheme under the laws, because when you are investing $99 in this business, you receive a service, 2 days pre-licensing class. That was definitely not the job that the Lord was showing me. Here we go another scam, let me play along The gentleman got on the phone, I think his name was John, again muffled but I really didnt care what his name was, this wasnt going to last very long. I stayed through the interview anyways, fully knowing that I was already going to reject the FAKE position they had, but wanted to keep my commitment to the interview,and see for myself what kind of tricks they would verbally try to pull off. Tope Trading money for honest goods and services is not a ripoff. You get paid if you sell, and thats all they care about. Tracy did you use to do Primerica and was unsuccessful because you seem very angry with the company? Replied that I was actively seeking a second job opportunity, so without disclosing a last name I wrote down my given name and phone number. Thanks for all the information. Understanding The Tier-11 Membership Of Primerica I would suggest insurance agencies and companies like Edward Jones. She called me today asking me about coming in. My daughter was contacted by Primerica and she told them I was looking for a job. He introduced me to that person and I presumed we would be going to an office. Never realized Primerica was an MLM until reading what Tracy has posted. They are lying.). If it sounds too good to be true, it probably is. very dumb. they called me yesterday afternoon while I was at one of my jobs. 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. So this got more fishy. They are masters of manipulation, hyping you up to be a crusader for the middle class. A real boss would have trained me properly in the first place, not have been so blinded by potential dollar signs and a taking care of ME first attitude. In Primerica, the game is recruiting into infinity. Pyramid schemes are a criminal form of investment fraud in which a large return on a small amount of money is promised if the initial investor convinces new recruits to also become salespeople. In addition they needed close contacts, many may know as the warm market. * Finally, does it have to have an hourly salary to be job? If you never got paid for telling people, would you still tell people about it? He finally mentioned he was on the phone with primerica and he was conducting an interview now Very weird so I blocked evrythhng and said no sales. 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. I am promised that PRIMERICA will essentially turn me into a hedge-fund manager for Charles Schwabb in time. 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?! . 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. Something about more information.. John said, crisply, Im offering an interview, thats the first step in the process. I told her to keep my money and I left. If your comfortable with just getting by (paycheck to paycheck) then by all means continue with what you are currently doing. Of course, I find that it is a scam and a pyramid scheme. I noticed $99 needs to be paid. He acted surprised that I had not. not entrepreneurial It is not a MLM or they would have been charged and gone the way of most MLM. Tracy you cant help others unless you help yourself first. After my daughter hung up the phone I received a call from the recruiter. There are bad people in ever field of work, the financial industry is no different, which is why they have strict rules in place. You will lose the business and the friendship. If the new guy lists a property himself, your husband wont be getting part of that commission. why are they still in business? Like he told me, eventually this isnt a job. Me too! Thanks for this wb,I,m so glad for your comments,I ask questions and yes now I now the truth,thanks. The answer, I am CERTAIN, is NO! Apparently Im not too lazy, and Im actually quite good at being self-employed. Its all true. I furrowed my brow thinking I thought he was making those calls for ME.. shouldnt I get credit for those names? For any agent to be paid any comm. . And this place is playing with peoples hope?! The complaint . I was going to an interview tomorrow and now I know its just some bologna. Joke of a company, I hope it goes under. He tried recruiting me so I took the interview mainly as a courtesy to him. Thanks for your reviews, Wasting time is the #1 sin in job hunting. Rome wasnt built in a day. Deep down I felt angry.. what part of this was training to help ME? They asked me to come back for information session next week. We sat, and I patiently listened to his presentation of How to be successful at selling insurance basically. Everything else followed was muffled. Hes spending more time getting me to do all this than he did explaining the actual job.. I leaned forward and held my breath to try to hear the womans reply through the phone. I am a young college student interested in Investment Banking and was told by an ex-financial advisor at a prestigious firm who attempted to act as my mentor to join. Once reading all these reviews I called back my recruiter and asked for more details about the interview and he was vague. The graph had 1 gent at the top and every subsequent tier had exponentially increasing members making exponentially less money. Primerica is regulated by the SEC and FINRA. New faces=new prospects=new recruits=new sales. I was ready to mangle both of them Im so fed up with these lames at this time. I got a random call on my cell phone from a Primerica Financial Services rep in Charlotte, N.C. Said his office manager was trolling the Internet for resumes and found mine. 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. As far as positions, I havent even met you yet, how could I know what youre qualified for? Listening again.. Tamara I have simple advice: Dont go. 4. Primerica is secretive because thats what all MLMs do. She also told me she was just leaving church lol. Pyramid scheme type set up. 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. At that point, I hung up and laughed. I barely spoke and Im on the good side of the manager. Also, MLM companies are notorious for overcharging and under performing. I feel deceived, and I feel like my classmate & her boyfriend are being deceived also. She is candid, very kind, open. I dont even know if youre someone I want to work with. But then again, I thought ruefully to myself, maybe he was right and I was too soft. And you say Im too lazy to work for myself? I told him I wasnt interested, but really wish I could report him to someone. Her mistake was telling me this could be part time. Well! I will go but the moment I feel like Im being pitched, Im graciously declining and peacing out. I had a few drinks the night before. Got invited to a "meeting" at their office. You can certainly shop around for better than what Primerica offers. I put down my 5 usual references for jobs and returned the clip board to the receptionist. Well I actually went and talked to someone of those guys in the company but at the beggining I thought this would be fake because I ask one of them about the website and he started talking me about the money Id make and he didnt gave me anything but to be honest nobody have to pay to be hired.. Dont believe in Primerica. Of course that is enticing. I went for the so called interview today and was completely confused and turned off. As the man sat looking around at the various posters and motivational items on the walls I felt that anxiety-induced tension again. I understand multi-level marketing all too well. 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. So I looked up pyramid scam and found out its an unsustainable business in which the higher ups make money by recruiting poor unfortunate souls like ourselves. On have other hand, it works and i do get to help people out of debt and stay out of debt. When you feel the need to bully someone like that, there is something lacking in you. They WILL continue to call you even after you have said no. Yes. If I attend, will I experience a pressure tactic laden recruitment presentation? I was approached this past weekend while at work where a lady chatted me up, telling me that I had the right personality for an up and coming business based out of another city. But you can throw away a full barrel of apples because a few are rotten. Wow I just spent $99 on nothing!!!!!!! It is generally legal, regardless of the fact that so many have no chance of turning a profit in MLM. 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. I was about to have an interview tomorrow but I cancelled it. No mention of the office manager position the other man had offered, so I decided not to bother bringing it up. 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.