pfs investments pyramid scheme

So I looked up the address and found the name of the company. I have followed this blog for quite some time. After attending a couple of the information sessions myself. This place is a joke, dont waste your time or money on them. Being very analytical, I would have not had a good interview with another manager in a different company. The woman who spoke with me on the phone came to the front and asked for me. And also when he would say how much money people would make he would wait for me to respond and I just gave him a blank stare. 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. Report investment scams to the right government agency. This, by the way, was part of her voice message. i have an intervew tomorrow too, but i decided not to go after reading, thank you. Most of the posters defending also seem very unprofessional and lack a certain level of education. - The Anti-MLM Coalition. This fat bitch who wrote this is obviously broke as hell and cant get off her fat ass to do anything. That is why the poor get poorer and the richer who work there ass off get richer! More about my terrific personality, she was very specific that I had to dress professionally, no jeans or sneakers, and was firm while speaking to set up the informal discussion. 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 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. Well, okay Atlantis it is. It all felt very sketchy. when I asked how they obtained my number they said through a referral. Here is another good read that breaks down how much the corporation makes just from recruits, and reps: I told them that Id have to think things over, though it took a couple of times for me to say that so that they understood. Many years ago, I got a call at work from a Primerica recruiter. Just a bit of background I work as a sales floor employee at Lowes so I was pretty skeptical to begin with. 4.) When I entered the address she gave me on Google Maps, no name for the building came up, which raised my suspicions even further. 2018 Sequence Inc. All rights reserved. If you look deeper every single business entity can be labeled as a rip off because essentially take peoples money for their own financial gain. I went to the interview and we just hire anyone. He said we were guaranteed to get them to buy with that trick. Why would this kid go into a financial holdings company, with a leather-bound notebook? Let people make their own decisions. The company has been in business since the late 70s and has steadily grown throughout the years. * Finally, does it have to have an hourly salary to be job? And at the very end, drop the bombshell: You know who and what they are, and that youve purposely been wasting their time. 100,000 reps times $25 a month equals $2.5 million a month from its own employees., http://www.businessinsider.com/citigroup-primerica-ipo-2010-4. Primerica Compensation Plan How Much Does It Cost to Get Started on Primerica? An office front is an office front, I thought. In Primerica, the goal is to recruit. They make any failures out to be lazy and incompetent, unfortunately the failure rate is incredibly high. It was an apartment looking complex with no name, nothing. At the end he asked me for my number and said he had a wonderful opportunity for me because he loved my customer service,attentiveness and bubbly personality and he thinks i would be great for his company. So glad I read this blog almost got scammed. What a joke. (Formerly pre-paid Legas Services, membership I have had for 16 years. I literally didnt know the name of the company or the position until i walked into the interview. My parents have been in these pyramids a couple of times, i guess you can say it runs in the family. The guy I did the interview with was bragging about how much money people made and that turned me off even more. But a million questions arose when hed finished describing what it was he did, as he never quite cut to the chase of what Id be doing for the company. Woooowww approached at Wal-Mart totally seemed fishey he took my number no name or business card not looking forward to this call at all how rude to take advantage of people and trick them into better job opportunities Im surprised his pick up line was to Google this company ha cause this is what I found!!! To those who did not get what they expected, please ask yourself if you did what you were told, if you persisted, if you actually did the work. I ask because my husband is a real estate agent and his broker always gets a piece of the action (along with everyone else in the office) the broker recruited, hired, licensed, and trained my husband my husband works his ass off the broker doesnt how is this not a form of an MLM? What should I do? 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. It looks like even the Better Business Bureau has a number of complaints lodged, about this company. My experience started with responding to them through Zip Recruiter. I will be posting this to all of my social media, explaining what a scam this company really is. She gave me her number and asked to call claiming she was a hiring manager .. John said no.. yet I knew that wasnt true. Even asking the guy flat-out wouldnt help, he was pretty slick and dodgy at answering direct, factual-type, questions. My husband works for a window company, door to door, ran into a guy who says he has career opportunities available now this guy calls everyday for a week saying he wanted to set me up a job as well I seemed educated and professional so and so.. After weeks of talking over the phone we set up an appointment. You can say all you want about how great the company is, but when a top RVP in a MAJOR metropolitan area of 30 years is sucking it, something is very wrong. So i said maybe on a follow up meeting i will do the paper work. Said that I was really great with people. I have mine scheduled in a few hours..you saved me gas and time! Maybe you dont know that in order for you to have a successful business, you have to work like a dog to build it. He said they are looking for people to sell financial products and to recruit and train new employees. I was very interested in that. I thought that was weird; if youre going around job recruiting at Target, you should probably have a business card. The sheet of paper wanted my address and a list of 5 local contacts, preferably not family. Also this was my first job interview, as Im a student. I got suckered into almost joining by two very good friends. I had to fill out some kind of assessment that would tell them which management training program would be best suited for me. First off anyone can make a PowerPoint and the video was from fricking YouTube. You want a cashier to manage your office? Nothing! B . He said there would be training and thats what my friend was getting into. It smell like a pyramid scheme and look like ones. Were not talking about a rogue recruiter here and there. They have my info and I am It amazes me that people still think they can get away with taking advantage of good people that just want to work. You need to pay 99.00 for a background check and need my sos and license. Turns out that of the top 25 life insurance companies out there, Primerica is at number 22, and they have a very small share of the entire life insurance market to begin with, even though they have more agents than every other life insurance combined. So today I had a random phone call and I answered it only to find out it was a woman by the name of Jerica who said that Martha that I had met at my job referred me. Still no mention of the type of work. 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. They all were wearing suits and carrying black portfolios. 2. I cant believe you even said people should go to the FAKE interview. I got called on resume. Financial investments 6. 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. Never going to a meeting after invited and said you would. It is mostly about convincing them to but term life insurance of which, the first yr. payment is split among his upline. thanks for the honest comments I well be cancelling my interview tomorrow. 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. Hopefully she has read all the history on this company and so on. Went for an interview/discussion today. That was definitely not the job that the Lord was showing me. Anyway so he was trying to down play my job and whatnot and get his point across talking about its a good opportunity, dont you want to make more money and yada yada yah. I have never worked in the financial industry before so I did not know what to expect. 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. Some of my friends work for Primerica and do VERY well! It is a horrible, horrible product for almost everyone, but that doesnt make it fraudulent. Thank you for the heads up!!! The bottom line is that Primerica sells legitimate products and services (life insurance and investments), but sells them at inflated prices to generally unsophisticated consumers. They are legal, but unethical. Question you investigate insurance fraud correct? SHe is paying double for the same thing. Seems like she wants to help people. However, the options you'll be presented with are dependent on your age. I didnt understand how he could deliberately break a rule like that. 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.. I joined Primerica in 1999 for about 5 minutes. You need to have a 1) calculator and 2) common sense to realize only the top percentile will make any livable income, in your head you think youre going to get enough sales to make six figures youre not. Yes There are 76 helpful reviews 76 No There are 37 unhelpful reviews 37. I would see this slightly desperate look in her husbands eyes every time he asked if I would be interested in joining. Got invited to a "meeting" at their office. I have a friend who just signed on with this company. I got a call around noon from a company called PFS Investments. Ever since I graduated my undergrad Ive gotten random phone calls from shady looking companies that I never applied to. The rep asked my questions, saw I am a good person who likes helping people, and told about Primericas business of helping people.