But again, Im still chewing on this and your thoughts on these matters are appreciated. This is how Primerica works. Yikes. My only piece of advise. Her husband, a mechanic, got invited to a big fancy house and had dinner there. Another middle schooler came in and went directly to the back where the party was. I filled out the basic information and then realized they asked for social security and began to question him. Second is you would stay for a career information session at my office with all of the successful interviewees and then I give more information. Id rather make money selling the product than recruiting others to recruit others to recruit others. Proceeded with a few more questions before telling me she and her husband ran a small business. And use to convince FLORIDA retirement sustem workerd to move there money with us thinking thatsba good idea and look what is the result ! I wanted to light their office on fire (when everyone left of course) thats how frustrated I was. To proceed it was a lot of paper work, like basic info, bank info and contacts. What should I be doing? Thank god for the internet and all useful information we find on it. 1. i dont get paid to recruit people, i COULD get a % of what they CAN make from what their clients get for premiums, EX. Hey Alex, this isnt the first time and wont be the last time a crooked company has rung the NYSE closing bell. Either I pay on that time or I can pay after a week If I get hired and it will be part of the hiring process. How come they are doing it without getting punished? When they first came I noticed his wife was wearing a dte coat, I asked jokingly what company is this opportunity with, Primerica or Dte? I didnt want to wright to much, sadly it got away from me. To all those who think youll make money from this, it is mathematically and logically IMPOSSIBLE for EVERYONE to make money in a business like this. Thanks for the post. The whole thing seemed extremely odd to me that they would be interested in employing someone like myself who has zero experience in this field. So then i asked him thru Facebook and he said no and now im here and im so glad i am. What might those be? Most of the money on the financial products you sell will go to YOU, rather than some pyramid. Honest goods and services were never made to be traded for money. I am not shown this. Primerica provides term life insurance at a price that's quite affordable to most families. The scheme is called a "pyramid" because at each level, the number of investors increases. I still plan on going to the interview, knowing full well that it is a scam. The big guy stated he made over $500,000 last year. The hard sales pitch, corporato-cult speak, and grandiose promises are like a jackhammer to my sodden, achey head. I want to shake my head at me too. I told her to keep my money and I left. Thank you for the heads up!!! Also this company has to be licensed in each state by the Insurance Comissioner. As someone who has worked for sales organizations for many years, I am really annoyed by the recruiting tactics of some of these folks who run MLM outfits. I dont know why, but I say okay. But I guess well see what they do to me and all of my information. I got the call on Monday evening from a woman (name witheld by me) asking if I would like to be interviewed for a position with her holdings company, Primerica.She told me she found my resume online and I looked like a good fit. I decided to see if Id be sucked into doing sales but it wasnt mentionedthough a lot of hinky things were. They have no jobs to offer, despite making it seem that way. Again, I am a little hungover and I figure well, so what. 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. Pull out your phone. He then asked me to write down 25 people in my contact list over 18 and he would call them for me to see if they would buy insurance and give me part of the profit and get me started. Now YEARS later Im getting calls from them. Regardless, I thought I was really starting the new year great but Im more relieved they taught us about pyramid schemes in high school. She asked for my number that way her trainer would contact me to set up an interview. Be aware, I messaged on Facebook, and the account had comments saying Hey man, I think your account got hacked Ive been getting odd messages from you. I could hear a party going on in the background and the aroma of delivered pizza hit my nose. Your financial situation is unique and the products and services we review may not be right for your circumstances. Good thing they never call me again. I experienced nothing like the others that you have told us about. Suddenly it occurred to me, who knows what that really means in context. I gave them my information, and even the information from one of my credit cards (which Im afraid that they will still use even though Ive already called & told them to shred/dispose of the information!). Financial investments 6. Based on previous replies on this blog, scripted interviews seemed frequent. I do not have time to deal with a scam. But for all of you out there who have fallen for this or maybe thinking about it, remember this, When a company asks you to pay for getting any piece of paper, fees, approaching you in odd places,etc., think before you leap, do your research for other companies selling the same product and see how it is or isnt done, then make up your own mind. Before you try to pick apart or look for excuses not to be a recruit, maybe you just dont believe it can work or its you you dont believe in. Not going to the interview tomorrow. And if your not going to show up to an appointment just say so, dont be a child and say ill be there and not show. I would advise this company to improve its product and recruiting tactics to avoid getting continued poor publicity. We were to ask them for a penny (hoping it would be a new penny because those are weaker/thinner than the old ones), and with the new penny we were to use the best cutting scissors ever to cut easily into the penny. Expectations low (as I am VERY cautious) I agreed to meet with him. It occurs to me that if a person would want to try this kind of sales, then it would be just as easy to sign up with a major insurer such as Woodmen or Northwestern Mutual, NY Life, etc. 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. 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. Theres no scheme, no one earns more unless you DO more. I am saddened to read this. Thanks for all these helpful comments and posts. WHO calls someones parents to schedule a meeting to make them feel more comfortable to work for them. There is no selling of opportunity because all we do is find out what peoples dreams and goals are in life (youve got to know what they are first) give them a game plan and tell them to act on it. Hey, thanks for who ever made this page! Id really like to figure out if it is the company that is the problem, or just some of the people in it. Then he went even further to explain that he could help my parents lower their insurance, debt, and help me pay for my college textbooks. She was upset and wanted to know who told me those rumors. Finding your own customers and future work is real work. The commission overrides only reach a small number of generations deep. Jorge Exactly what is false and untrue in this article? The sheet of paper wanted my address and a list of 5 local contacts, preferably not family. This is mlm a legal definition. Some of the stories and comments above have been really sad. If you could imagine all the evasive answers and asking me if I want to do an application. Well he cleared my somewhat strict prerequisites and I accepted his request. File a complaint about an investment or an investment account with the Securities and Exchange Commission (SEC). Were looking for someone to hire and train as a investment advisor for expanding finance department. Were not talking about a rogue recruiter here and there. 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. Pyramid schemes are illegal businesses. So I was going to take my one and only day off this week and go to an interview only to find out that its a scam of some short. There are too many of us out there that are unemployed and in search of a real job with steady income. Thank you for the honest comments, saved me time and money. if I say anything bad about them, he gets so upset. it is clear that it is not a typical job if you build a business with them based on the comments. They have to recruit their own people. 3. open up my own winery making cranberry wine. I still like her, she seems nice. There are two levels of people in the business, not infinite levels. The first presenter is very good. No! Young people of united states and canada please pass this pages along to your friends . Glad I saw this! I figure its a slip of the tongue and she means AtlantA, but throughout the conversation she keeps excitedly bringing up Atlantis. When I stated that this was just short of a pyramid scheme and that my last interview with the company (5 years ago) resulted in someone wanting me to buy over $100 worth of licenses, they had nothing to say. The examples in the booklet are for Bob and Susan Smith, ages 33 and 35. I call in two weeks ago to get some assistance in lowering my policy, and I get the run around. Nobody in our company will stop you from being great and doing great things for people. this woman I met about two years ago at my job . Everyone knows its MLM even though the company avoids the term like the plague. Primerica is a very old company that for over 40 years has been selling insurance and financial products by way of the network marketing model. She stated the name of the company, Primerica and stated they deal in financial services . Their higher up had done that for them. No, I have never been a part of Primerica. Went for an interview/discussion today. Reading this gave me something to do for a little while this morning and appreciate the honesty. I attended a presentation and just decided it wasnt something I really wanted to do. Thats the difference. Theres constant turnover from people like me, so recruiting needs to continue indefinitely. We sell legit insurance, that either you already have, or might need at a price that is same or lower, with same or better customer service. NOT TRUE!!! I remember hearing negative things about Primerica, but that was in the late 90s. I didnt have to read much of this thread to decide that I am no longer going to the interview that I have scheduled for Tuesday. They are liars, they never gave me my money back, they have all my bank info and I feel very unsafe about that. Sooooo after reading all the comments, I will NOT be going. 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? (applied for this position on Craigslistthe number I received the call from was 347-753-3377). This affiliation between the two companies is one of the oldest partnerships inside the Primerica menu of products and is fairly popular. It would be nice if the government would step in and help protect the people who dont have the sense to see these for what they are. Cancelled my appointment with them. It is really not an insurance company, it is a distribution company that relies on a pyramid to fund the upper class there. Looking them up, I found this thread and Im grateful I told him to take a hike. Then I asked about the $99 asked of you when you interview and he laughed and said are you on Google? 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. That night I came back to the office a bit before 6, when the first interview had been set for. He proceeded to tell me that he called his partner about me and said I am great with people and would love for me to join their team if I was open to opportunities. Tracy, I would be interested to hear any counsel you have for me, as I am planning to attend a Primerica information event for potential sales staffers 48 hours from now, BUT my circumstances differ from those of most posters above. Its a good thing Im not stupid and always look up companies before I contact them. Ill be moving in a few weeks anyway and as I mentioned, I already have work. Fortuna, the goddess of wealth!? Ha!!!! He spoke and I listened. I arrived at the interview and when I walked in the door I heard LOUD hard rock music playing. I met with her, and liked what I saw. All pyramid schemes eventually collapse, and most investors lose their money. Then post your experience good or bad. Humans are not numbers! The average individual earnings of their representatives is $5,156 per year. I was so flattered! 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. After he finished his little job show-and-tell, he walked out and in walked his grandmother, (Im assuming.) So I booked an interview with him. I immediately sensed that Primerica was a Pyramid Scheme and after taking the 20-hour class, refused to take the exam and e-mailed the woman at Primerica that I was no longer interested in pursuing business with them. We both waited for the process to start the woman came back in and once again introduced herself and briefly gave a biographical history of her beliefs and work with the poor. lets protest guys!!!! I was the first one there so I put the lights on and tidied up a bit. Bogus, obviously. They saw my FB updates about needing a little more income to start some entrepreneurial type things I was interested in. Why? I was definitely lied to when I first was contacted by the woman. The so called VP is there and questions were asked and at some point, the so called VP (he looks like James Ingram) said that I need to pay $99 for my financial license to be able to get the job. Thanks for the heads up! Each of these new members usually pay an entrance fee, which is used to pay the people above them. Since I barely heard her, I asked about 3 more times before clearly hearing PFS, which I noticed she did not once tell me what PFS stood for. Kudos, Anthony Pinto, your attitude will make you very successful! Person could not confirm how they got a copy of my resume, but asked that I bring my updated copy with me. I read many reviews like this before I started and while I was active. Primericas site is for the people they con into buying insurance. And you say Im too lazy to work for myself? Also, Tracey thank you for your continued service on informing the public about MLM businesses. So glad I ran into this, a man at a store who was very charming said they were looking for employees, I have had a bad feeling about him for about 2 years now and he has called like 3 times since, every time he gives me a little more information, it all seemed very fishy, finally said I would meet up this week but would google them first. I make a very nice income for myself with a legitimate business. I Googled the address and found out it was Primerica. 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. Turning people away from God will eventually turn you away from Him and all his promises for you. Heres this site. My ex-employer was somewhat on the shady side. Through this method, a modern pyramid scheme takes form, meaning the next generation of scams and get rich quick schemes are going to move away from cosmetics and protein powders and towards the blockchain. mail in a letter with your info, we will give you a call. I tell her my mom had me when she was 18 and I grew up poor. My interviewer did not have a copy of my resume. So how did my interview go? The activity on this thread keeps the page at the top of Google searches for common phrases related to Primerica. But, the girl I were with got in the rm first then about 6 mint or so the guy came back & say give me 5 mints for you to be in the rm. The conversation, again, was mostly about me, prompting me to sell myself as someone who should work there. They insisted that you MUST bring a person each informational session, often times calling you out in front of the group. This is a multi-location business. I asked him if I should bring any specific documents with me and he abruptly said no and that he simply wants me to come in and talk with him first, also adding there would be some forms one of which would include qualifications I have and work history. I finally ended it telling her Im sorry but no and she said thank you and turned her back on me. Second, it was I who contacted my Primerica agent recently, not the other way around, to inquire on an IRA rollover for my husband. He also told em they were looking for leaders and instructed me to call him to schedule a meeting. Had he invested his 30 years with any number of other companies, he could be retiring with tons to show for it. At least then they can make informed decisions. I wasnt aware I had even received the job, so I just agreed and figured I could back out later. I seem to have ulterior motives? This is just like Aimway, they make you sign up and promise you, you will make money fast and easy. We talk for a second longer, she makes a point of showing me her expensive car and vanity plates (I realize now how often she was trying to make displays of wealth from the moment I met her). Given my lack of experience, I was not sure if this was normal or not. I would love to hear a Primerican respond, and dont use the cliche, not everone is right for Primerica, because that realistically just points the finger back at their recruiting department! Other insurance companies do the same thing but Primerica is ruthless. They are a scam! People do real research before you blow an opportunity and not this Google cap where anyone can post anything on it. (within the next 5 years) I felt paralyzed with indecisiveness. Ever since I graduated my undergrad Ive gotten random phone calls from shady looking companies that I never applied to. Thank you for participating. New recruits today have to work much harder than recruits of 10 years ago to be successful and you have to be willing to push right to the limit of your ethical convictions to do it and the lines can get pretty blurred. Im still researching the fact, yet still smell pyramid. I ask for the companys name and he said Primamerica. I work full-time and train in martial arts. And now I am here. I appreciated his candor. They would contract with these companies to offer customized plans that are not offered if you the customer dont go through Primerica first. He hasnt paid in 3 months! Hello Tracey, Are there good people in this business? Just before the session started I looked at the guest book and noticed that John had put his name beside most of the new guests, though 4 were a result of my resumes. So I just got out of a presentation not an interview. They went through my Finances and sorted them all out and gave me a plan to pay everything off in a pretty cool schedule/plan. I had to squeeze in questions as he was trying to hang up without providing any information such as what does PFS stand for? I understand everyone needs to make a buck. Just went to one of these sad displays lst night got dragged in by a friend. There are bad people in ever field of work, the financial industry is no different, which is why they have strict rules in place. 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. Suddenly a laminated informational booklet comes out for PRIMERICA. Then i thought to myself who the hell asks for 25 names off your phone and debit card info in an interview? 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 know quite a few very successful business owners who started at the bottom in primerica now earning very incomes and building great businesses with great people and you cant do that working for someone else! The only logically answer as to why this trend has been in effect for years is that Primerica must benefit from this tunover. 2. Baffled, I shook my head. I cant stand the fact that losers like yourself cant understand it. Check this out: https://www.reddit.com/r/antiMLM/comments/8ctzhz/almost_answered_a_job_scam_they_yelled_at_me_down/. 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. Those who participate have bought into the lie that they own their own business. A lot of people on here say Good thing I found this website. Primerica pushed me over the edge. I told them that i was skeptical and would want to research before committing to any policy or any opportunity. He called the next day and asked to me come to his office so we could talk more. 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. 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! They use the classic BAIT and SWITCH for everything they do. WHEW!! Suddenly she whips out a sheet and starts asking me questions and taking notes. What Primerica does, is after they sign up a new trainer, they get their list of friends, and the new trainer and his upline trainer go down the list of friends and make appts. Im just worried if I tell him I thought about it and wouldnt want to proceed, he has basically ally information, Im in the same position as you i dont want to recruit others and im scared with the info they have. I already know about Prime, as this isnt my first go around with them or companies like them, so I am just going to humor them and then as gently as possible (not) let them know this is not for me. I felt awesome, like he had seen the potential in ME to want to spend time teaching me. Now here I am, I think Ill be cancelling my interview for tomorrow. does anyone here even know what a actual pyramid scheme is? Ex boss is close with a bunch of guys who are all at Primerica around here. He ask me if I know this name. I was interviewed and he said that there will be second interview by his boss and at the same time their VP. THANK YOU so much for posting this.. Should have gone with my gut. . I spend my time with people who show up. Another pause, then I saw his face relax a bit as he gave directions for the office and set up an interview for 6:30pm that night. Since it was scripted, I never got a chance to really speak about what my views are and what I look for in a position as well as my strengths. You pray upon my people and I think you suck. MAIN ADDRESS. I attended and felt extremely motivated, but wanted to think about it for a few days. You knowthat phone call that you set up when youre going on a date so that you have an easy escape if you need it?? It feels horrible all the time to be with them I am sure. 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). It unfortunate that anyone that has been told that theyre having a job interview and later feel that they got taken. Dont fall for it. I will be calling them in the morning to say that I will not be participating in this ridiculously insidious scam after all. Thank you everybody. NO, I was special and needed to join and they offered to pay my fee, the $99. The company is not a scam. Primerica also partners with Pre-Paid Legal (aka LegalShield) to offer things like legal protectionand ID theft protection. im gonna go here them out this Saturday and let them waste their breathe. If anyone has been approached, RUN!!!! I just advise that people dont get that education from Primerica or any other MLM. BTW, a presentation is not an interview. 1. transfer job locations to my home time and end up getting paid a little more + be with all my family + be happier. When you get that defensive and that angry, its like you feel the need to justify yourself so you go into defensive mode. I usually check into these things before setting up appointment or returning calls. I had an interview scheduled for tomorrow, but something was really fishy about the entire thing. The rep asked my questions, saw I am a good person who likes helping people, and told about Primericas business of helping people. We set up an interview for this Friday at 1:00. Information provided on Forbes Advisor is for educational purposes only. Im so stressed out now because I couldnt come up with a lie to excuse me from that call. From what Ive read, I think I am passing on my interview this week. First of all, the company does have physical product within its structure - insurance and financial services around debt-solutions, investments, legal protection, etc. It must be weekly, I thought to myself, no way thats monthly? Needless to say, not going. All the things he was saying sound good. 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. She chats up the bartender who seems wary of her. I was a little suspicious, and thought it was strange he didnt tell me the name of the company, so I asked him. Like I said, I own my own business and am looking for some sharp people to add to my team here. Never going to a meeting after invited and said you would. I had met him before but never followed through. They work as a middle man for various insurance and finance industries and get people to join through advice and supporting main street. The so called reps for Primerica find other reps and potential customers and they get a commission on it. He has no right to call people that didnt go to college dumb. Can I get your number, and maybe we can chat? I say sure, never expecting to hear from her again, and leave her my number. Nice to know people are exposing this company! BBB Business Profiles are subject to change at any time. I, as well was duped into attending an interview and I knew right away something was off. One of my classmates from a dispute resolution class I had this past winter called me one night about a business opportunity she wanted me to check out. OmG people you are not making a difference commenting here report it to the BBB online or phone I did . Thats illegal. A few evenings ago. I already work full time. Then he went on to say how my experience and entrepreneurial nature would be a great fit to run one of the offices. Go some place were you wont have to exploit people looking for a real job. When I walked into the office with them, there were a ton of chairs positioned around this little stage, with some type of intermission-like video showing and loud remixed music playing. I wasnt really looking forward to more training in the morning, but figured with the scared-looking new teenage recruit coming, John would at least be in his jovial, upbeat mood. Primerica doesnt look to good to be true. Criminal background checks required. I love my job. Tameka Bell, How did they make you feel captive? NOT!! Primerica life insurance typically costs $20 to $50 per month for healthy individuals. 100% commission pyramid scheme? He then scheduled me the day after, which after these comments I intend at missing again. The interview ended there. How did she get my information? i joined primerica, i drank the kool-Aid thank god i did!!!!! Then why was he so eager to get ahold of my stack of resumes, leads I had paid for?? I dont go to unnecessary meetings or bother my warm market because its a legit service. Also they said they would need to talk to my parents, remember Im a student in school so maybe it might of been valid for parental consent, but to me this was bit fishy as this may have been a way for them to start getting business off me. Thats just rude and disrespectful. No legitimate employer is secretive about the position before you come in for an interview. So consumers are overpaying, and likely buying the wrong products. We are not a scam and there are no fake interviews. What should I do? Time and again, we see these lies and unethical tactics used to lure people into Primerica. I was just contacted by one of these clowns and told based on my god given gifts I would be perfect for this opportunity.

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