I then told him Im not interested. I asked his name, he says Fitzgerald, refused to give a last name. He went in to the building I was about to go into. 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. The Financial Industry Regulatory Authority is accusing former broker Barkley Lundy, who worked with PFS Investments, of defrauding at least 20 customers.The self-regulatory organization claims that from at least 1/11 through 3/14, Lundy took these clients' funds and placed the money in his own bank accounts. I spent an hour on the phone with Vice Presidents in three different areas. the whole time during this first meeting it was very tense and uncomfortable. While finding this site, Ive come to learn there is an office just a few miles away in my hometown. The meeting starts after like 30 minutes past I still dont understand what I would be doing so I start asking questions about the company and I was told the company name is Prime America and how there is no website but that the company is one of the biggest companies in the world. Now I also understand more about success too. I was not familiar with them, so I went in for the so-called interview. 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. I told him I was talking summer courses and I really wasnt looking for work but I actually was (does that make sense?). This is how Primerica works. He called again. Apparently these Primerica folk are misusing LinkedIn profiles for their slimy deeds. Her mistake was telling me this could be part time. Well, no touchdown today for you, Primerica! After reading all these comments im convinced now. 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. I received a call from a woman named Mary stating that someone referred me to her and asked if I was still looking for a job. But I guess well see what they do to me and all of my information. No one ever said it was going to be easy, and if you thought it was, then i dont know what to tell you. I tell her about my jobs, what I used to do, etc. He looks at me sadly and suspect. Its neither a retirement fund, nor life insurance. So we exchanged numbers and that was that. Ive very good internet skills. 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. Those are games we leave for the devil. Really 99 dollars for a background check and then more money was asked to start and get your license. They use your friends and contacts to start you 'business.' To get more percentage you have to get more people into the company. He said there were interviews for the next three days: a group interview and all the others were individuals. Its performed nicely and Ive never had any problem with the company from my standpoint as a customer. Our two conversations over the phone were all about me my background, who I was, what I was looking to do he barely said anything about what he was offering, just that he was interested in taking me on if I was the right person for a company that was looking to expand. Im currently looking into anything and everything about them to be certain of all of this MLM/pyramid scheme type business and I am definitely getting out if Im right. He told me to have a seat and that there was going to be a presentation. Apparently Im not too lazy, and Im actually quite good at being self-employed. I looked him up a few months ago. 85% of people cannot pass insurance test. My friend joined this because the company we work at now isnt good and this company made her feel good about herself. Tracy did you use to do Primerica and was unsuccessful because you seem very angry with the company? You may even have to buy products before you're eligible to be paid or get certain bonuses. She goes to the bathroom and I quickly text my girlfriend to come and rescue me. * Also, if someone wasnt college material, and all they were qualified for is a $10-15/hr job, but they really loved their family and wanted to do more to provide for them, to where, other than another MLM type jobs, could they go? Sneaky how once she enters my house she runs downstairs and brings a male supposedly her manager. 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. It seems like a job interview. A review of their Company of Destiny report big earners chart, once applying the fine print written below it, reveals that only 1% at best, of all the reps in their entire history since 1977, ever broke the $50k level, once or more, during any best 12 month rolling window. There were 10 or so young men dressed nicely milling around. Theyre making money out of your stupidity. They offered me an interview for customer service job and said they were looking for people who are bilingual. The first presenter is very good. During the call I asked her about three times for a website link or something to see if I would like working with her but she avoided giving me the website, I had to ask her about three times till she finally gave me something, and even that was just the name of the company. Competitive compensation.. They insisted that you MUST bring a person each informational session, often times calling you out in front of the group. Thats why they havent been charged. I noticed several of the new people in the front row looked very restless, like they just wanted to get out of there. 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 asked, how can I be that guy? (pointing to the top of the pyramid). I have an appointment on Monday. Its about finding suckers who can be talked into signing up for the MLM. She submitted her story to Pink Truth, a website I run about Mary Kay Cosmetics and other multi-level marketing companies. My only concern is these two know where I work. So I looked up the address and found the name of the 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!!!!! The receptionist and her shared a vague facial resemblance. It wasnt until i read all the posts on this blog that i truly realized i was being bent over that corner desk of his because so much of it made sense. I gave him my phone number and when I asked him for a business card he said he did not have one and went on to talk about how he makes 3-4k a weekyeeeaaaah. However the comments of one man on here did not sit right with me. The guy was a fast talker and everything sounded muffled. I figured that was the end of it, but she kept calling for a week after. One of them asked out of the blue, how i like my job. I googled psfl darmouth (included in the e-mail) and the first link was primerica is a pyramid scheme/scam so that was enough for me. PRIMERICA has changed their lives. When I told him I am no longer interested he kept asking me why and then called me arrogant. I noticed other people my age, mid-20s, walking into the office fronts around my destination. 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. The first red flag of the call was that she did not state the name of the company from which she called. 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. And you say Im too lazy to work for myself? PFS Investments Inc. (aka) Primerica Financial Services. But I again dismissed the thought, feeling a bit guilty for doubting John. Just got a call from a Primerica recruiter, who set up a alleged interview for tomorrow. Finally, in the course of mulling this decision I have read at Primericas own website that new life insurance agents earned $6000/yr on average in 2013, I think was the year cited. Because there is recruiting with so many levels, the distributor who sells the products receives much less money than if he or she sold similar services through a traditional insurance agency or investment company. Products: Healthcare, Daily Lifestyle, And Nutrition Value-Based Products; Investment: To get started with Herbalife distributor, you'll need to purchase a starter kit worth $94.10 Commission: 15% to 50% of each product you sell. She said my educational background would be beneficial for helping middle class people., I was really confused about what she was calling about. Are you looking for a Primerica review to determine if the insurance company is a scam, multi-level marketing company, or pyramid scheme? It seems the main issue was the lack of transparency by the Primerica reps when discussing the opportunity and the tactics used to get in front of the prospect. He said he wasnt interested and she stopped him by saying that she wouldnt take no for an answer and proceed to schedule to come over to explain the details of her opportunity, we exchanged numbers and walked away since my husband was annoyed with the lady already, we bolted from the store and went home to google the name that i had seen on her sweater and we came across this post, after reading all of the comments my husband txt the lady to tell her that he was not interested in what she was offering and she responded with like three emails back to back insisting that she come over with her husband to explain to us what they do, since she was so vague at the store. I answered and then asked what company he was calling from, something like Frontier Financial Industry and then he mentioned it was owned by Primerica and I immediately let him know that I was not interested. Clearly if one can do that for another, one should be able to pocket a nice income Once she quit her little dissertation on the gap between the upper class and middle class and how the middle class can become upper class with our help, she told us to wait as she brought in the guy who had written the review for the company (5 stars. NOT TRUE!!! She also had sold Avon at one time too. Reading this gave me something to do for a little while this morning and appreciate the honesty. You need to pay 99.00 for a background check and need my sos and license. She asked me who I had been asked to interview with after I introduced myself. He said they are looking for people to sell financial products and to recruit and train new employees. The other woman never shows up. She chats up the bartender who seems wary of her. He was very vague. 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. There was two guys Anthony and some dude who looked like he snorted before he came in. Now what?! I was in Primerica back in the early 90s when it was called PFS (Primerica Financial Services). Unusual, yes, a scam, no. Thank you all for clearing my skepticism up, time to block Mr. Jack. For sure I am not going. Oh Boy. Now, I really did enjoy speaking with the woman and we got along great, but the whole thing did sound more like a sales pitch than an interview. You should really just target people who dont mind selling this way instead of rounding up a large number of people to attend presentations. Thank you so much for sharing the information! I am not against commission based jobs and making money. It is a recruitment scheme. The first level is the office or team level, the second level is the agents who work for the office/team. Was hit up on LinkedIn and Im not looking for a job but still wanted to search out what crazy company was messaging me on LinkedIn again. I also know another person who has been doing it for 10+ years now and he doesnt make much at all. *In Canada, trademark(s) of the International Association of Better Business Bureaus, used under License. LOL Stacy. May have to change my number now.what a waste of time an effort they are by simply existing. So happy I dug deeper. Realized after I had no idea what this is, and noticed he mentioned a group thing which made me suspicious. Primerica, at the very least, sells a very mediocre policy, that is also over priced for what it does. Hmmm thats odd considering there wasnt a website. 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. Why? No, the only logical answer is that they somehow benefit from this revolving door. But MLM is a ripoff because they promote a false business opportunity. She asked me a few questions about some displays and such before asking how I liked working there. Am I applying for a job? She deflects quickly, This is the part when I get to know YOU. People like you almost deserve to get scammed. I am grateful for the posts by so many and I am glad I cancelled. And a sidenote when I exchanged info with the wife in target her android phone had an app on it where my full name showed up on her phone. What it seems to be is actually a high interest line of credit. Every person recruits, and everyone below them recruits, and everyone below them recruits, and so on. 2018 Sequence Inc. All rights reserved.