PRIMERICA – A.L. WILLIAMS IS FRAUDULENT PYRAMIDING. IT IS VERY, VERY EVIL. AT&T NOW ABOMINABLE!

Complaints Board!  note no objectionable word is in here!!!    FIX YOUR SOFTWARE!!!    Your spell check shows no “errors”!!
PRIMERICA – A.L. WILLIAMS IS FRAUDULENT PYRAMIDING. IT IS VERY EVIL.
Posted on September 12, 2008 by  Nextaxpro  UPDATED since 2008. conAmerica is NO LONGER worth 500M.
Before we expose pyramiding, I will show you sodomy in action;  what sodomites really think about and what they do.   This is NOT what the press, pbs, npr, radical nbc section news, abc, nbc, cbs, washington compost, ny slimes and the hrc want you to see.    This was after California Proposition 13 passed on November 5, 2008:  http://www.wnd.com/index.php?fa=PAGE.view&pageId=80220
http://www.jesus-is-savior.com
https://nextaxpro.wordpress.com
OK.  NOW WE WILL MOVE TO FRAUDS:   LET’S MAKE IT SIMPLE  for those who do not read have time to read all of this expose for the present.  Would you work in the following scenario?        You go to work in an office after being told “you really fit this position.  And it will be easy work, you will have lots of time with your family and you will make a tremendous amount of money”.

      You had better know what you are doing before you get in to this business, and a whole lot of other varmits out there.   I have been Federal and State income taxes for a number of years.   You had better be pretty well to do better than I have.   But I am a lot better at my business than I was when I began.   I thought that I was pretty smart.    However, no matter how smart you may think you are, you will IMPROVE AND BECOME MORE KNOWLEDGEABLE as time goes on.    When conAmerica and others come along and tell you that you will make a boatload of money, you had better do your research and CHECK with those whom have been in the business in times past.   TO CON AMERICA, HERBALIFE, FOR U, AL PINE, AMWAY and a lot of others, you are a CUSTOMER.    YOU do not get trained.    You are told that you must pay.    When you go to work for Farmers and very nearly ALL of the insurance companies, mutual fund companies, you are trained and taken care of for no charge.     You are carefully selected.   You CANNOT just go in to business and make millions, as con America promises you.   YOU are PRESSURED to buy a policy.   WHAT?!!!!     What about good treatment as I am a representative of con America, herbalife and so on?    NO NO NO!!   YOU are a CUSTOMER, and as a CUSTOMER, you are to be sucked dry in case you do not get LEADS for your upline and the double crossing reprobate who runs the CON.
Firstly, you are told you will NOT be paid until you obtain a license.  You say “nothing was said that you have to have a license to work here.  And, you already have my SS number”.  Well, you were finally told AFTER the sleazy one got you all excited about making  50000, 200000 or even more {less than .005 do}.
Secondly, you must “recruit” other workers so you can be paid.  “What?  What if I get five;  they all get five;  they get five?    Where will all these workers fit??   There’s very limited space.”   You only hear:  you must RECRUIT, RECRUIT, RECRUIT.
Thirdly, AFTER you pay out of your own pocket for this license, you cannot earn money yet.   “Why am I not allowed?!   That’s not fair.  You said I can collect commissions and recruit after I pay for this license, pay for the preparation, pay the fee and pay all of my expenses to get it.  I’m having to go to the homeless shelter because I cannot meet my house payments” or “I cannot pay my rent”.   You hear a bunch of lies.   This is to cover up the fact that you are not allowed commissions for a while.   You see, your superiors  {superiors?  NO ONE whom is dishonest is superior to I.  NO ONE.} – this up line – knows that you are going to hear the truth about con America.  You will become very discouraged, very, very quickly.  So your “superiors” have to hold something back to insure you remain in the trap that they have placed you in.
Fourthly, you are told {or may be NOT told and all the implications of that!} that YOU MUST HAVE $25 STOLEN FROM YOUR BANK ACCOUNT EVERY SINGLE MONTH!!!!!!!   WHY??!   This is such a great opportunity and you are in a 10, 25, 50, 100, 200 or 500 billion dollar company, depending upon how large of a lie your so-called superior told to you.   You haven’t seen a check for well over a month now, but you have to allow conAmerica to STEAL – that’s precisely what it is – from you.    And they do not tell you up front.  This means that you will be clubbed for $25 to Lord knows how much, depending upon how many checks you wrote that bounced as a result, how dishonest your bank is and the fee your bank charges per returned check presented.  And, many have been reporting that conAmerica STEALS STEALS STEALS from your bank or credit union and you have to CANCEL your card and get a new 16 digit account number!
Fifthly, you are NOT vested in any profit sharing plan after one year of employment in this supposed 500 billion dollar corporation.   This angers me even today.  All those hours;  hard work and research and NOTHING comes from A.L. Williams,now con America.   No profit sharing;  no retirement;  no pension – nyet, nada, ziltch!
Sixth, you are provided with NO life and health insurance after two or three months of employ, not even one with a large deductible.  you are told that you MUST buy an insurance policy with this 500 billion dollar company!!!  You must buy this policy as an EXAMPLE to all of your prospects, even though you supposedly have this secure job in an office where you are supposed to be making this huge salary and not have to waste $80 in gasoline per day trying to sway prospects and lying to potential recruits to get this down-line!!  You do the “hiring” for your superiors and they don’t have to go to the expense of finding good help.  But even though it’s their fault, YOU still get the blame if your down-line doesn’t sell.  And, in addition to that, it’s not even the cheapest of policies!!  Matter of fact, when you compare to other companies, you find that you are paying one of the highest rates!!  And you are forbidden from doing business with any other company!  Further, you receive no discounts!!!  You pay retail in this $500 billion company that should be insuring you and your family in gratitude for your putting in 80, 90, 100 hours/week worth of work attempting to get more “recruits” for the company!!  Worse, you may already have a whole life policy that you are trapped in.  It does not matter.  You are told you MUST buy a policy with Primerica to make a good impression on all those customers you are supposedly going to convince to come on the Primerica merry-go-round.  No lead sheets from a professional marketing firm nor anything a quarter of the way convincing is presented proving that you will have good possibility leads.
Seventh, you can be demoted by your superior for any reason, including no reason.   Your commission levels would be reduced, also.
Eighth, when you become sick and tired of being treated unfairly, you have NO RECOURSE.  You cannot go to the Department of Labor for redress!    IT IS IS IS IS IS IS IS IS IS A PYRAMID, NOT a real corporation, C corporation, S corporation, sole proprietorship, LLC, co-operative or tax deferred entity!
Ninth, the commissions you make in this “office” can be taken away from you.   If your purchasers find that your prices are too high, they change their mind, your company decides not to sell to a “sold” customer, a death in the family and a different CEO takes over – any of these things can cause you to have to take a “chargeback” – which means you have to give your commission and overrides back!!  You are walking, then gaiting, then RUNNING, faster and faster just to fall farther and farther behind.  You are TRIPLY whammed!  In a real company, you get paid and your company refunds the money to unhappy customers.   At this company, you not only do not get paid, and, when you make a commission, YOU and NOT your company, have to refund to a customer when the customer does not pay, etc.  YOU did not receive your entitled commission when you were paid because you were skimmed to pay an up-line, just like Herbalife and all the others.   But when you have to take a chargeback, YOU pay the entire chargeback!!   A triple blow!!!   And, I once knew an owner who had a franchise.   The fee was 4%.  Top that, con America!   The apologists LIE when they say conAmerica is a franchise.  That cannot be.  In a franchise – not a 7-11 ripoff –  when you or the corporation terminate the franchise, there a fair evaluation of the good will and increase of the business done by you and you are reimbursed for your efforts, research and rapport with the public.   Does that happen with conAmerica?    When I was with A.L. Williams, I received NO SUCH COMPENSATION and had my license taken from me, EVEN THOUGH THE LICENSE CAME FROM THE SCC, NOT conAmerica!
Tenth, you begin hearing that the prices of your companies product lines are too high.  You do not believe it because you were told that we were the lowest.  That’s why you came to work for this glorious company.  You begin doing your research in independent journals, trade journals, online, and so on and you find that ALL of your products are over-priced.  Your company cannot compete.  Not only that, you discover that your product line does not have the variety that your competitors have.  Further, your line has some terrible products.   WOULD YOU GO TO WORK FOR A COMPANY LIKE THIS?  READ ON.  THIS IS THE WAY IT WAS AT A.L. WILLIAMS, INC AND STILL IS AT conAMERICA!

“This is a deadly business model in which you are doomed to fail,”  says Robert Fitzpatrick, president of Pyramid Scheme Alert, an Internet-based watchdog group located in Charlotte, North Carolina. “There’s a ninety-nine percent loss rate”—meaning the vast majority of people who start MLM businesses end up losing money.  You’d have a better chance betting your life savings on a game of blackjack in Vegas than you would putting it all into a multi-level marketing home business.” {Oooch!!!!  That hurts!!!!!}
PRIMERICA MILICO CITIGROUP A.L. WILLIAMS MAKE RESTITUTION  PRIMERICA PYRAMID BOILER ROOM SOON TO BE DUMPED BY CITIGROUP.   A.L. Williams RVPs wanted me to buy a policy!  WHAT!!  CUCKOO! CUCKOO!  When I go to work for a company, I get their product for free or at employee discount rates, especially when I become a regional vice or dreamingly, a  senior vice president!!!   By the way, if conAmerica is TRULY a franchise, do you get a policy and riders for free???    You dig???   You say conAmerica is the same as any other company.   Then why am I a customer?!   If I’m an independent contractor;  if you want loyalty;  you are going to give me something.  And that’s not all.  Your company said I couldn’t sell on the first visit.  A.L. Williams gave orders and had control as to how the work was to be carried out.  Hence, I was an employee.  Where’s my workers comp coverage, health insurance, extra social security in my account, vacation pay, sick leave pay, severance pay, ESOP, etc?   How much was the stock bought for/share when the two corporations that merged to be called Primerica bought A L Williams?  What’s the big deal if a potential customer asks if I have a policy myself?  You are going to give me a policy.  I’m an employee.   Of course I have  a policy.  You gave it to me.  If you don’t, you are trying to make me BUY a policy.  You know you are nothing by a lying con man, lowdown, double crossing, slick tongued unscrupulous huckster.  When I go to work for an insurance company, I get the policy for  free.  Buy an overpriced policy to help National Sales Directors and Senior National Sales Directors?  What deception! What dishonesty!    http://www.sec.gov/cgi-bin/txt-srch-sec?text=Primerica&mode=&start=&count=§ion=Litigation&sort=rank
If you just do a goggle or Yahoo search on ‘Primerica fraud’ you will get hundreds of hits explaining lawsuits, Primerica’s deceptive tactics and testimonials of people defrauded. Most concerning of all though is that members of Primerica during company’s presentations and speeches yell out ‘Amen’ and ‘Hallelujah’ (my husband admitted hearing this too) and insist upon Primerica being a ‘Christian’ organization.”  {an agent with AL Williams told me that many reps are pastors.  It’s easy to believe you need “supplemental income” when you are not trusting the LORD for your support – consult the Rock}.      The average commissions for a Primerica agent is 200.00 and the average commission  BECOMES A NEGATIVE as only 0.5 to 0.75%  of the RVPs,  and SRVPs make 7 figure commissions and overrides { and possible kickbacks from chargebacks on their reps!!}.  IF it’s not a pyramid scheme, why do 99.5% {1500% more realistically;  see above} or more of the reps who try “multi-level marketing” wind up with a DEFICIT after you figure expenses for the program?!   Would you continue working for a corporation wherewith you had to pay fees and month after month after month earned no money and was not paid anything??!!?  Any company that pays only sales commissions without binding promises of base pay, profit sharing, preferred stock, stock, warrants – some future reward for work performed – is a slave master.  An honest day’s pay for an honest day’s work.  Be up front.  Bill Gates was.  He asked the workers to accept shares of stock.  Those who did not want his promises could walk away.  Primerica pressures you to stay with threats of no refund of your $199 (or more) and the usury regarding the loans.  A.G. Carnegie, J.P. Getty backed up their promises.   They did not spew out fairy tales of riches.  They backed their promises up.  That’s what A L Williams needed to do and did not.  That’s what conAmerica needs to do and has not.  One wonders why ripoff report would stoop so low to defend something that they know is immoral, illegal and a nefarious pyramid scheme, not to mention all the documentation that is still on ripoff report.   Ripoff report won’t publish any more exposes, but the documentation is still there despite what Ripoff report sticks into virtually every single title in Prmerica, Citigroup, Milico.

PRIMERICA – A.L. WILLIAMS IS FRAUDULENT PYRAMIDING. IT IS VERY EVIL.
Posted on September 12, 2008 by  Nextaxpro
UPDATED      Before we expose pyramiding, I will show you sodomy in action;  what sodomites really think about and what they do.   This is NOT what the press, pbs npr, radical nbc section news, abc, nbc, cbs, washington compost, ny slimes and the hrc want you to see.   This was after California Proposition 13 passed on November 5, 2008:  http://www.wnd.com/index.php?fa=PAGE.view&pageId=80220
http://www.jesus-is-savior.com
https://nextaxpro.wordpress.com
OK.  NOW WE WILL MOVE TO FRAUDS:   LET’S MAKE IT SIMPLE  for those who do not read have time to read all of this expose for the present.  Would you work in the following scenario?   You go to work in an office after being told “you really fit this position.  And it will be easy work, you will have lots of time with your family and you will make a tremendous amount of money”.
Firstly, you are told you will NOT be paid until you obtain a license.  You say “nothing was said that you have to have a license to work here.  And, you already have my SS number”.  Well, you were finally told AFTER the sleazy one got you all excited about making 50000, 100000 or even more{less than .005 do}.
Secondly, you must “recruit” other workers so you can be paid.  “What?  What if I get five;  they all get five;  they get five?  Where will all these workers fit?  There’s very limited space.”   You only hear:  you must recruit, recruit, recruit.
Thirdly, AFTER you pay out of your own pocket for this license, you cannot earn money yet.  “Why am I not allowed?!  That’s not fair.  You said I can collect commissions and recruit after I pay for this license, pay for the preparation, pay the fee and pay all of my expenses to get it.  I’m having to go to the homeless shelter because I cannot meet my house payments” or “I cannot pay my rent”.   You hear a bunch of lies.  This is to cover up the fact that you are not allowed commissions for a while.   You see, your superiors {superiors?  NO ONE whom is dishonest is superior to I.  NO ONE.} – this up-line – knows that you are going to hear the truth about Primerica.  You will become very discouraged, very, very quickly.  So your “superiors” have to hold something back to insure you remain in the trap that they have placed you in.
Fourthly, you are told {or may be NOT told and all the implications of that!} that YOU MUST HAVE $25 STOLEN FROM YOUR BANK ACCOUNT EVERY SINGLE MONTH!!!!!!!!!!!!   WHY??!   This is such a great opportunity and you are in a 10, 25, 50, 100, 200 or 500 billion dollar company, depending upon how large of a lie your so-called superior told to you.   You haven’t seen a check for well over a month now, but you have to allow Primerica to STEAL – that’s precisely what it is – from you.   And they do not tell you up front.  This means that you will be clubbed for $25 to Lord knows how much, depending upon how many checks you wrote that bounced as a result, how dishonest your bank is and the fee your bank charges per returned check presented.
Fifthly, you are NOT vested in any profit sharing plan after one year of employment in this supposed 500 billion dollar corporation.
Sixth, you are provided with NO life and health insurance after two or three months of employ, not even one with a large deductible.  you are told that you MUST buy an insurance policy with this 500 billion dollar company!!!  You must buy this policy as an EXAMPLE to all of your prospects, even though you supposedly have this secure job in an office where you are supposed to be making this huge salary and not have to waste $80 in gasoline per day trying to sway prospects and lying to potential recruits to get this down-line!!  You do the “hiring” for your superiors and they don’t have to go to the expense of finding good help.  But even though it’s their fault, YOU still get the blame if your down-line doesn’t sell.  And, in addition to that, it’s not even the cheapest of policies!!  Matter of fact, when you compare to other companies, you find that you are paying one of the highest rates!!  And you are forbidden from doing business with any other company!  Further, you receive no discounts!!!  You pay retail in this $500 billion company that should be insuring you and your family in gratitude for your putting in 80, 90, 100 hours/week worth of work attempting to get more “recruits” for the company!!  Worse, you may already have a whole life policy that you are trapped in.  It does not matter.  You are told you MUST buy a policy with Primerica to make a good impression on all those customers you are supposedly going to convince to come on the Primerica merry-go-round.  No lead sheets from a professional marketing firm nor anything a quarter of the way convincing is presented proving that you will have good possibility leads.
Seventh, you can be demoted by your superior for any reason, including no reason.   Your commission levels would be reduced, also.
Eighth, when you become sick and tired of being treated unfairly, you have NO RECOURSE.  You cannot go to the Department of Labor for redress!    IT IS IS IS IS IS IS IS IS IS A PYRAMID, NOT a real corporation, C corporation, S corporation, sole proprietorship, LLC, co-operative or tax deferred entity!
Ninth, the commissions you make in this “office” can be taken away from you.   If your purchasers find that your prices are too high, they change their mind, your company decides not to sell to a “sold” customer, a death in the family and a different CEO takes over – any of these things can cause you to have to take a “chargeback” – which means you have to give your commission and overrides back!!  You are walking, then gaiting, then RUNNING, faster and faster just to fall farther and farther behind.  You are TRIPLY whammed!  In a real company, you get paid and your company refunds the money to unhappy customers.   At this company, you not only do not get paid, and, when you make a commission, YOU and NOT your company, have to refund to a customer when the customer does not pay, etc.  YOU did not receive your entitled commission when you were paid because you were skimmed to pay an up-line, just like Herbalife and all the others.   But when you have to take a chargeback, YOU pay the entire chargeback!!   A triple blow!!!   And, I once knew an owner who had a franchise.   The fee was 4%.  Top that, con America!   The apologists LIE when they say conAmerica is a franchise.  That cannot be.  In a franchise – not a 7-11 ripoff –  when you or the corporation terminate the franchise, there a fair evaluation of the good will and increase of the business done by you and you are reimbursed for your efforts, research and rapport with the public.  Does that happen with conAmerica?   When I was with A.L. Williams, I received NO SUCH COMPENSATION and had my license taken from me, EVEN THOUGH THE LICENSE CAME FROM THE SCC, NOT conAmerica!
Tenth, you begin hearing that the prices of your companies product lines are too high.  You do not believe it because you were told that we were the lowest.  That’s why you came to work for this glorious company.  You begin doing your research in independent journals, trade journals, online, and so on and you find that ALL of your products are over-priced.  Your company cannot compete.  Not only that, you discover that your product line does not have the variety that your competitors have.  Further, your line has some terrible products.   WOULD YOU GO TO WORK FOR A COMPANY LIKE THIS?  READ ON.  THIS IS THE WAY IT WAS AT A.L. WILLIAMS, INC AND STILL IS AT conAMERICA!

“This is a deadly business model in which you are doomed to fail,” says Robert Fitzpatrick, president of Pyramid Scheme Alert, an Internet-based watchdog group located in Charlotte, North Carolina. “There’s a ninety-nine percent loss rate”—meaning the vast majority of people who start MLM businesses end up losing money.  You’d have a better chance betting your life savings on a game of blackjack in Vegas than you would putting it all into a multi-level marketing home business.” {Oooch!!!!  That hurts!!!!!}
PRIMERICA MILICO CITIGROUP A.L. WILLIAMS MAKE RESTITUTION  PRIMERICA PYRAMID BOILER ROOM SOON TO BE DUMPED BY CITIGROUP.   A.L. Williams RVPs wanted me to buy a policy!  WHAT!!  CUCKOO! CUCKOO!  When I go to work for a company, I get their product for free or at employee discount rates, especially when I become a regional vice or dreamingly, a  senior vice president!!!   By the way, if conAmerica is TRULY a franchise, do you get a policy and riders for free???  You dig???   You say conAmerica is the same as any other company.   Then why am I a customer?!   If I’m an independent contractor;  if you want loyalty;  you are going to give me something.  And that’s not all.  Your company said I couldn’t sell on the first visit.  A.L. Williams gave orders and had control as to how the work was to be carried out.  Hence, I was an employee.  Where’s my workers comp coverage, health insurance, extra social security in my account, vacation pay, sick leave pay, severance pay, ESOP, etc?   How much was the stock bought for/share when the two corporations that merged to be called Primerica bought A L Williams?  What’s the big deal if a potential customer asks if I have a policy myself?  You are going to give me a policy.  I’m an employee.   Of course I have  a policy.  You gave it to me.  If you don’t, you are trying to make me BUY a policy.  You know you are nothing by a lying con man, lowdown, double crossing, slick tongued unscrupulous huckster.  When I go to work for an insurance company, I get the policy for  free.  Buy an overpriced policy to help National Sales Directors and Senior National Sales Directors?  What deception! What dishonesty!    http://www.sec.gov/cgi-bin/txt-srch-sec?text=Primerica&mode=&start=&count=§ion=Litigation&sort=rank
If you just do a goggle or Yahoo search on ‘Primerica fraud’ you will get hundreds of hits explaining lawsuits, Primerica’s deceptive tactics and testimonials of people defrauded. Most concerning of all though is that members of Primerica during company’s presentations and speeches yell out ‘Amen’ and ‘Hallelujah’ (my husband admitted hearing this too) and insist upon Primerica being a ‘Christian’ organization.”  {an agent with AL Williams told me that many reps are pastors.  It’s easy to believe you need “supplemental income” when you are not trusting the LORD for your support – consult the Rock}.      The average commissions for a Primerica agent is 200.00 and the average commission  BECOMES A NEGATIVE as only 0.5 to 0.75%  of the RVPs,  and SRVPs make 7 figure commissions and overrides { and possible kickbacks from chargebacks on their reps!!}.  IF it’s not a pyramid scheme, why do 99.5% {1500% more realistically;  see above} or more of the reps who try “multi-level marketing” wind up with a DEFICIT after you figure expenses for the program?!   Would you continue working for a corporation wherewith you had to pay fees and month after month after month earned no money and was not paid anything??!!?  Any company that pays only sales commissions without binding promises of base pay, profit sharing, preferred stock, stock, warrants – some future reward for work performed – is a slave master.  An honest day’s pay for an honest day’s work.  Be up front.  Bill Gates was.  He asked the workers to accept shares of stock.  Those who did not want his promises could walk away.  Primerica pressures you to stay with threats of no refund of your $199 (or more) and the usury regarding the loans.  A.G. Carnegie, J.P. Getty backed up their promises.   They did not spew out fairy tales of riches.  They backed their promises up.  That’s what A L Williams needed to do and did not.  That’s what conAmerica needs to do and has not.  One wonders why ripoff report would stoop so low to defend something that they know is immoral, illegal and a nefarious pyramid scheme, not to mention all the documentation that is still on ripoff report.  Ripoff report won’t publish any more exposes, but the documentation is still there despite what Ripoff report sticks into virtually every single title in Prmerica, Citigroup, Milico.

And that’s not all.  No real company is shaped like a pyramid, as defenders ignorantly say. They only explanation for such statements is Why Johnny Can’t Read and exposes like that.   You would have to be coach potato, on video games, dope and rock noise to make such a pitifully ignorant statement as that. Here’s a picture of a typical business or corporation.  You already know it, unless you believe in sorcery, global warming and all the lies the press tells you hourly:
Proprietor
|
Laborers who see the inefficiency in the plant/office and know what’s going on.
|
Secretary
|
Courier-Errand boy
|
Guy who reports directly to me, cracks the whip on those I cannot supervise directly
|
Engineering
|
Advertising Exec  ( you don’t absolutely HAVE to have the chiefs at the top and the Indians at the bottom, like the nitwit Primerica apologists always say.  It’s a free country.  I’m a taxpayer.  I run my business the way I want.  It’s MY company.  A.L. Williams, Inc, told me I had my own company.  I didn’t.  You poor souls at Primerica are finding the same lunatic scenario.   Think outside the box, remember?  Duh!!  Lot of hypocrites out there.   Practice what you preach.  Better to listen to consult the Rock.)
Find the pyramid.    Furthermore, remember that no partnership is shaped like a pyramid.  If your product is decent, and, if you run an honest business, and NOT an illegal, immoral pyramid, you’re not going to flood the search engines.   What are you afraid of???    Every single soul knows.   Darkness is always FEARFUL OF ALL TRUTH AND HAS TO MAINTAIN DECEPTION.  To be demanded by Primerica to pay for a background report made me laugh myself sick!  They want any sucker.  Any sucker will do!  Anybody can get on as an “independent contractor”!  What’s the background investigation for?!  What if I had bought the policy?  Would I have gotten my money back?? Supposedly AL Williams is an open book.  You become so brainwashed you never question anything.  He never came to see any rep and he never called for meetings.  He can afford to pay the expenses.  Primerica defenders will cease and desist now from defending that nefarious pyramid scheme. And that’s precisely what multi-level marketing is.  Put your money where your mouth is.  Pay me my 3 million of the coming class action lawsuit, then defend your wicked, pyramid scheme that has impoverished me and millions of others.   You would be put to death if you defended it in China.  Amway [now sometimes called Quixtar} is NOT allowed to pyramid in China.  And you know it, and I know it.  http://www.sec.gov/cgi-bin/txt-srch-sec?text=Primerica&section=Entire+Website&sort=rank     
“I believe that a long step toward public morality will have been taken when sins are called by their right names.” -Billy Sunday
HOW PROPHETIC with clapped up, urine drinking, child molesting sodomites being called “gay”.  Wrath of God Syndrome watered down to aids and hiv.  Sickening sin sick sex perverts being called “bi”, “transgender”, “crossdressers”.     Dykes called “lesbians”.   Your sex is labeled your “gender”.  “homophobe, homophobia”.   I’m not a “homophobe” afraid of man.  The fear of man bringeth a snare, but whoso putteth his trust in the LORD shall be safe.  -Proverbs 29:25.  And, you guessed it, a nefarious, surreptitious, abominable, ugly, leeching pyramid boiler room scheme being called “multi-level marketing”.  It is NOT marketing!!!!!!!!   It is a shyster, con man, fraud, skimming, blood leeching, lowdown, varmit robbing YOU or YOUR hard earned money and credit. – consult the Rock
http://www.facebook.com/Nextaxpro
All the search engines have Primerica fraud defenders up front and putting our websites farther down so we do not receive the hits.   Your input means everything.   Some of your have expertise and know computer engineers.    We can do something about these liars and deceivers whom want others to be deceived, hence defenders of  pyramid fraud { it is not “multi-level marketing” or any other fancy dancy name the cons come up to conceal the horrific, sickening, life stealing fraud } are directly responsible for not enlightening but for deceiving minds and impoverishing those that can least afford to be scammed and bled dry.. .     The FCC, the judges and our elected congressmen are a disgrace:  they do nothing.    It takes websites, tapes, DVDs, books, articles and newspapers which will print exposes to do something.      You all can type reviews in the yahoo yellow pages that permit a review of your local Primerica “services” office that attempted to recruit you and steal your hard earned money.   Some pages do not.   You all may know of other websites besides yahoo that permit.    Some search engines have picked up a few of mine.   The more we type online, the better.   -Consult the Rock    “I believe that a long step toward public morality will have been taken when sins are called by their right names.” -Billy Sunday    HORRIFYING!!  POLICYHOLDERS NOT GETTING THEIR INHERITANCES BECAUSE OF conAMERICA ABOMINATIONS!!    AGENT SEDUCES HUSBAND and many other atrocities!!  UNBELIEVABLE!!

THINK PRIMERICA AGENTS KNOW WHAT THEY ARE IN TO?   This entire post may be worthy of you printing out, lying side by side and examining.  It consists of PFS Truth, a very weak and very poor rebuttal by a Primerica apologist, then PFS truth blows the apologist to smithereens:  http://primerica.pissedconsumer.com/is-primerica-a-scam-you-be-the-judge-20080320115955.html

13. Written by PFS Truth {later vtch786 because Primerica kgb agents plagiarized his/her name and wrote lies pumping up conAmerica!!!!!!!!} , on 04-04-2008 18:14   Primericans are funny.  If any of you have children, have you ever watch {sic} them do something stupid.  And you know it is stupid because you did the same thing before when you were their age.  And you tell them don’t do it because they will regret it.  And they don’t listen to you because “they know better”.   And so you watch them fall on their face and all you can say is “I told you so” and laugh.
You see {,} Primerica agents{,} I have been where you are,{sic} I was at Primerica for 3 years. And when I left I was the top producer in ALL categories in my state. So we can get these out the way:
{NOTE:  THE FOLLOWING IS WRONG. I’VE PROVED IT.   conAMERICA IS A PYRAMID.  THE PRESSURE IS TO RECRUIT.  YOU EARN VIA WHAT IS CALLED A “DOWNLINE”, NOT getting more victims, although that is part of it.  THIS IS EXACTLY WHAT A PYRAMID IS.  A PYRAMID IS EVEN WORSE THAN THE INSTITUION OF SLAVERY!!  SLAVES HAD A PLACE TO STAY, FOOD AND WATER.   WITH PYRAMIDS, YOU GET NOTHING.   IT IS EVEN WORSE WITH A.L. WILLIAMS, NOW conAMERICA!   YOU ARE ALLOWED NOTHING UNTIL YOU RECEIVE YOUR LICENSE, WHICH YOU PAY FOR.    THIS IS NOT TRUE WITH REAL COMPANIES THAT TRAIN YOU AND KNOW YOU HAVE POTENTIAL -consult the Rock}
1. It is not a pyramid scheme  { don’t bet your soul -consult the Rock}
2. I believe in working hard
3. I don’t like Corporate America
Now I want you to take a hard look at the truth.  You ARE selling a scam. You may not know it, and I believe that most of you don’t.  The unfortunate thing is once I tell you this you will NEVER get that $100,000 Ring that you covet because the most of the people that join Primerica {conAmerica -consult the Rock} are good people that think they are doing the right thing and for the most part you are, but to get that Ring after knowing the information I am about to share with you, you will have to become a different person, {-} one that is more about making money rather then helping people. Once I found out this info, I refused to continue to sell that scam anymore and turned away from all the money I was making.
Here goes: Let’s look products you sell to the client:
1. Primerica is NOT the largest seller of Term Life Insurance … AIG is … look it up.     { probably Met or mass mutual or State Farm or Farmer’s -consult the Rock}
2. It is way MORE expensive then most Term coverage outside of (State Farm and Allstate) … so if you are TRULY trying to save people money … why not find them the lowest instead of just what you have to offer. {HA HA HA HA HA HA HA HA HA HA HA. AMEN TO THAT. -consult the Rock} Remember you are trying to SAVE them money. Some Return of Premium Products are less expensive then Primerica Term. You are hurting your client. After knowing that how can you still sell it. {sic:?}
3. What would you do if your client is declined by Primerica. Tell them they don’t deserve life insurance{,} then. You see this is what opened my eyes up, because my father was turned down by Primerica. Was I suppose{d} to tell him “Oh, well .. too bad”…. No, I did what any good son would do,{;} I started looking at other companies and found he could be covered with term insurance by them, for less then what Primerica was going to charge.
4. Term is the right product for 95% of people (sorry not 100%), the problem is you only sell Term which is great but what do you do when you run across a person that is in the Top 5% … Also think about it … aren’t you trying to get all your clients and yourself to that Top 5% … what do you get when you are there? {I am very sure Primerica goes vs. their word and sells some whole life. In any event, most of their term packages are overpriced. -consult the Rock}
5. You are taught with your mortgages to say “Interest Rates do not matter” or “Ours are calculated differently” … If it doesn’t matter then why not give them a competitive one.{?} I also dare you to put that in writing,{sic: period} Home Office Compliance would be down your throat quick because they know it is not true… so they don’t want it in writing.
6. With your investments…. the market is down right now … am I suppose to sink money in an investment I know is going to go down right away …. That’s right{;} Primerica has annuities now … even though just a couple of years ago annuities were “evil”.
7. A client’s money is sacred to them … why would they sink it into a company with so much negative press, it scares them …. Why do it …. When they can get the same thing for less with less negative remarks…. For all the agents who say that is just “some” agents that act like “that” …. They represent YOUR company and because the RVPs don’t care what type of people they are as long as they have $199 (now $99) {if 99 now, not for long. Plus, remember, Primerica pays for nothing, reimburses you for nothing, steals from your bank account $25/month whether you have the money in your checking or savings or not. A very, very sneaky, unscrupulous outfit.  What pyramid isn’t? -consult the Rock} so the RVP can win the next contest.
But Most of you aren’t in Primerica because of the products, you are in it for the business. Because you think there is nothing is better then owning your Primerica business. It is definitely better then {sic} Corporate America{;} that is for sure. Here is where I look at you like teenage kids with your first beat up car speeding around town like you own a brand new Mercedes and I tell you to “slow down and think” .. you will either listen or will crash and I will say “I told you so”

SECOND NUMBERED GROUP IN THIS ESSAY
How many of you TRULY read and understood your IBA contract when you signed it? Let me go over some things before I enlighten about your IBA contract:
1. How can you tell a new recruit that you can make a lot of money before you actually do it.{?} Doesn’t that feel wrong to you?
2. The money you are spending for your IBA DOES NOT pay for your license {more fees than ever now -consult the Rock}… it pays for processing and your Licensing class …. Most states don’t require a class{.} {W} why does everyone have to pay for it. {?}
3. Why can’t a new recruit go get your licenses BEFORE you sign your IBA?
4. Why can’t new recruit{s} go see clients AFTER {BEFORE} you are fully licensed and then sign ALL transactions {ONCE YOU BECOME LICENSED}? I know why this is the case …. Most agents are not making money so they need to sign it to make money and they are afraid the recruit will quit.
5. Why beat around the bush when saying the name Primerica ….. you are taught to say “Division of Citigroup” …. “Member of Citigroup” ….. “Largest Financial Services Distribution Hub” ….. “PFS” ….. anything but Primerica … it goes back to the bad rep .. and the fear that the new person will Google the name Primerica{.} And that is fact! They were sure to check your A.L. Williams business cards. You had to pay. They didn’t tell you that you just lost if the RVP does not approve the name you put on when you had the cards printed!
6. People who leave Primerica are not quitters or couldn’t make it at Primerica … people making six figures have left Primerica for better opportunities … you just don’t know they exist.
{ Ark ark ark ark ark ark ark ark ark ark.  More often, it is because of lazy, irresponsible rvps and svps who are reprehensible and won’t obtain a real job and earn their keep! -consult the Rock}
7. You would NEVER be able to recruit a person who is already licensed and knows what questions to ask. {This would be so hilarious but for the sad reality that there are so many, many victims of disreputable pyramid schemes. -consult the Rock}
8. Citigroup (not in the best financial shape right now and has {omit “has”} Abu Dhabi is now the largest shareholder) is looking to sell Primerica …. FACT … check out the Wall Street Journal March 28th 2008 Section C … “Citigroup has a major retail presence in just a handful of major cities, including New York, Miami, Chicago and San Francisco. Primerica Financial Services, which sells life insurance and mutual-fund products, is up for sale but isn’t attracting buyers, say people familiar with the matter.”
{The Primerica nut who “rebutted”  didn’t even know. I mean, HE DOES NOT EVEN KNOW that he is about to lose his policyholders, contests, AND leads.  Pitiful.  You primerica captive agents own nothing.  IT’S PROVEN IN POINT NUMBER 4 and 14 BELOW. -consult the Rock}
THE THIRD GROUP OF LISTED NUMBERS IN THIS ESSAY:     Now on to the IBA…. The moment you sign your IBA these things happen:

1. You become a captive agent  {HORRIFYING!!!  Bonnie, A.L. Williams didn’t inform me of an awful lot of things!} ….. not allowed to sell anything Primerica does not offer …. Hand cuffing you to fully help your client.
2. You only have one company to work with {-} Citigroup…… why not allow you to use any company you want …. There are companies that do.  {Si’!  It’s called independent agents!}
3. You have to give up a “leg” (your MOST productive team) to become an RVP …. Why not let them become an RVP AND keep their whole team ….. Other companies do it
4. Hear me when I say this!!!! YOU DO NOT OWN YOUR BUSINESS!!!!!  Don’t believe me … ask your RVP {the following:}  if you move to a different company can you take your clients or team with you{?} ….. you will find out real{ly} quick{ly} … read your IBA it says it in your IBA .. your RVP owns your business … you do not own your business until you are a Senior Vice President AND have had 5 years of at least 3% growth {funny how Bonnie Gore the man forgot all about that} .… Until then your RVP owns your business … even after you become an RVP…… there are other companies that allow you to take your clients with you.
5. I will preface this comment …. I am a huge believer in recruiting ….. I love recruiting and I am good at it …. BUT you should not have to be forced to recruit to be promoted … you should have the choice to work yourself or recruit and have the same opportunity … America is about choice.
6. Your Securities (investment) commission is HORRIBLE….. there is NO WAY you could live on it alone .. add it up.
7. You{r} IBA has a non-compete clause in it …. Which means try to leave for something better … see how nasty your old “friends” get.   {O ho ho ho h o ho h o ho ho !  He he he he he he he he he he he he. Chuk chuk chuk chuk chuk chuk chuk}
8. You have to be full time to become RVP …. Do you forget some people like their job … pastors, teachers (I know the company was started by teachers … but you fail to realize A.L. Williams was a different company then {sic: than} Primerica) or anyone else that would like to keep their job.  {it was like that at A.L. Williams.  At least in some districts -consult the Rock}
9. As an RVP you are required to get an office … again I like having an office but some people do not want the overhead … why make them pay it?   {Why can’t con America pay?  They say they have so much money.  Why say you are a private firm that doesn’t need to issue stock, then talk out of both sides of your mouth and say “we are a part of Citigroup, a world renowned large corporation”?
10. You can be “Rolled Back” which means lose the promotions that you have received and the commission levels at your RVPs discretion …. Not enough production, illness, or because your RVP wants to teach you a lesson.   {How do you like aspiring to be a RVP?   You know you are going to shaft your downline.  And you stay with such an evil boiler room.   You ought to be ashamed of yourself!  You ought to be exposing con America 19 hours a day.}
11. Some people do not like the risk of the market …. You can not sell a fixed / index annuities …. Most of you don’t know what that is … don’t worry I didn’t either when I was there … trust me your hurting some of your clients by not having access to it.
12.  What happens when you have a recruit at your same commission level … you 2 are at the same level you get no override …. Doesn’t that make you want to keep people below you {HERE means from moving up -consult the Rock}… not push them up…..Some companies will still reward you even when you are at the same level
13. A brand new person starts at 25% ……. They can do all the work (and you know as well as I do … getting a warm referral is most the work … so don’t tell me because you did a flip chart presentation you did most the work) a nd they only get 25% ….. the RVP get 95% …. So the RVP get 70% of something … they may not have been there for….. doesn’t sound fair … I thought Primerica did what was right “100% of the time” {!!!!  And at the end, conAmerica STEALS your rvp money and position and gives it to one of their friends!!!   Check out the complaints BEFORE you apologize for con America!!  -Rocky}
14. Let’s say Primerica goes out of business (don’t believe it {?} … check out ENRON, ….{mci, Grant’s, Bear Stearns, Adelphia, Newpower, Lehman Bros – consult the Rock}  And read the Wall Street Journal article I reference above) ….. your contract and license is with Primerica … what do you then? … because I already explained to you … YOU DON’T OWN IT{!}
15. Do you like paying for POL, Call Atlanta, marketing material, leadership school, and training (hype sessions) …. Most companies give that stuff out free{.}

16. DO YOU LIKE CHARGEBACKS?????!!!!! …. Come on{,} of all things I know you are tired of … we have to agree on chargebacks ….. for those that don’t know what a chargeback is: the agent turns in the paperwork to Primerica and is immediately paid …. But the policy is not issued which means if the client changes their mind, finds something cheaper, does not qualify, drags their feet on blood work, stops paying or for any reason does not get or continue the policy …. Primerica wants their money back ….. which means they take it out of the next check or the next one or the next one which means you are running up an escalator and YOU KNOW IT …. Sorry to give out the dirty little secret but you can not say you like the CHARGEBACK …. Again not all companies get those and NO company gives them out as much as Primerica{.}

17. Most people become disable{d} before they die …. You can’t sell disability insurance or you will be fired … hurting your clients again {.}
18. What about health insurance … again .. try to sell it and you will be fired (by the way … does it make sense that you can be fired from your own business?)

19. Critical care …. What if you client gets cancer … or do have insurance for that …. Nope …. Fired Again … By the way before you say it …. Most life insurance has accelerated death benefit …. So Primerica not special with that.
20. Make sure you check with Primerica before you do ANYTHING{.}  {I} if they don’t like it they can terminate you (read your IBA) … sounds like a JOB to me .. I’d rather be independent…… the sad part is most don’t know you can be ….  Listen … I wrote this for the person I was before I left Primerica hopefully that person is reading this and just starting to open your eyes a little bit and ask some questions that they didn’t have before…. I don’t hate Primerica … I don’t hate the people in Primerica … but you don’t know everything about the company ….. and I can almost guarantee you didn’t read or understand the IBA you signed. And if you don’t open your eyes and figure it out …. You are going to hurt some people and your {sic} going to hurt your family.  Think about it … don’t try to argue with it{,}  just read it and find out if everything I said is true …. Don’t believe me READ YOUR IBA. I was you before I found out all of this stuff. The question is  “Once an honest person knows the truth, he/she has 2 choices, continue to be honest and change their current course of action or cease to be an honest person”.  I will gladly talk to you here about it and answer any comments, questions or disagreements you have.
Rocky’s Tip:  to save a lot of souls an awful lot of money:  35 year term should not be taken in to consideration.  Even if you are disabled, etc, and think that there is no chance for you, you may not even be around 35 years from now.   NOT TO MENTION THE COMPANY ITSELF.   For the over-whelming majority of you, life {death} insurance should NOT be necessary in 15 to 20 years.   You will have something to fall back on.  Your children will be grown.    Arrange for Rocky to give you a seminar of how life{death} insurance companies rob you and what death insurance really is.        “I already feel deceived. I’ve never heard of a legitimate honest job that requires you to put down at least $100 in order to begin working.  That’s ludicrous.  Furthermore, during the presentation, there seemed to be two very strong points in which the gentlemen emphasized:  {m}Money and recruiting. They would go on and on about how much money they made, and the fact that in order to make money, you have to recruit people. 95% of the presentation was spent on these two subjects; the remaining 5% was spent on helping people get out of debt.  Right now, my mind is boggled. I can’t figure out how a company can claim to be an honest company that helps people and does noble deeds while concentrating much of their energy and manpower on greed and dishonesty.  It sounds too good to be true, because it is. Don’t believe everything you hear, fellow people.”  http://primerica.pissedconsumer.com/i-just-got-home-from-a-primerica-presentation-and-20080805130392.html

3. Written by Another one taken, on 12-07-2008 20:52
My wife went to an “interview” about a medical job  {YEAH you apologists are really filled with godliness, aren’t you?   Amway was very deceptive but I do not know of Amway ever stooping so low as to say they are health practitioners, etc!! }  that was posted on Craigslist which turned out to be one of these hyped “opportunities” and {YOU -Rocky } paid the {Edit:  awful } $99 & signed stuffed before reading it or understanding what she was doing. After doing some research I found this forum and I am now {Edit:  angry} that they would do this.  I am not an easy target for scams like this because I always am leary{sic}  about “get rich quick schemes” that blow smoke up your *** without any real or tangible products or services.  My wife had to cancel her debit card in order to keep from being another victim. Lesson learned.

9. Written by John Garvin, on 07-04-2008 19:08
Last week, the Department of Ins. for the  state of Utah raided the Primerica offices in Salt Lake. The RVP admittied {sic} to investigators that he had committed a fraud.     {  WOW!!  WHY DON’T THE conAMERICA apologist CLOWNS PUBLISH THIS??? }

May be the reason Ripoff Report has ceased publishing exposes and complaints regarding Primerica:
9. Written by Consumer Advocate, on 11-08-2008 13:55   Go check out what the editor of ripoffreport.com said after being PAID by Primerica to become part of his “Consumer Advocate Program”   He will say whatever you want after you PAY him.  http://primerica.pissedconsumer.com/primerica-3a-one-recruit-s-reflection-2c-2yrs-later-20080808130739.html

2. Written by vtch786 aka PFS Truth, on 08-08-2008 15:04  LTM4661:
1st – Please use your own name not my username {.}
2nd – You have been lied to if you were told you can get promoted without selling anything.  {poor Primerica recruits will believe anything.  This is really pitiful.  -consult the Rock}  You have to do $10,000 in life insurance premiums 2 months in a row AND have 6 districts to get promoted to RVP. By the way you don’t give away the life insurance policies, you or your team has to SELL it. After being told you don’t have to sell anything to be promoted by another up standing Primerica agent and now finding out the truth, you are a sucker if you sign that IBA. How many times do I have to say this, I was at Primerica for 3 years, LTM4661 or any other new person, what makes you think you are going to say something that I don’t already know. I am trying to warn you before you sign the IBA.
3rd – When you recruit somebody … do they give those away free too? … NO, you sell them an IBA contract for ($99 down and $25 a month) {yiiiiiiiiiiiiiiiiii !!!!!  OWWW!!!!!  YOU PAY TO GET RAPED!!!!!!!!  -consult the Rock}…. Wake up!  Every promotion is based on sales, either IBAs and/or Life Insurance.  You are choosing to ignore FACTS and if you sign your IBA after this you deserve exactly what you are going to get.
4th – What McDonald’s can you buy for $10k?   From McDonald’s website: How much does it cost to open a McDonald’s franchise? Total investment: $655,750 – $1,225,000   { More now -consult the Rock}
5th – What ” franchise” are you buying at Primerica?  Let’s use your analogy:  Would you buy a McDonald’s then be told you have to start working for free at the FRY STATION and ADVERTISING at the same time … and hopefully, one day, maybe you could own it…. Does that make sense?   Because that is what you are doing a{t} Primerica. Get this straight{:} it is a Multi – Level Marketing company{sic:  pyramid -consult the Rock}.  You have to recruit to be promoted and you have to sell to get promoted.   You will be selling OVERPRICED products to your friends and family and recruiting strangers AT THE MALL, trying to convince them with the same lies you are believing.  Sounds like Amway to me … the only difference is you have to get a state license{d} first … so you have to wait and make you[r} new up-line money first.   {Yep, confirmed true. -consult the Rock}  http://primerica.pissedconsumer.com/primerica-is-deliberately-deceptive-20080806130446.html

Good stuff by:  Written by vtch786, aka PFS Truth, as Primerica apologist stole his name and wrote garbage favoring Primerica!   ‘nuf said!  on 09-05-2008 10:  http://primerica.pissedconsumer.com/primerica-bankrupted-a-friend-he-lost-his-home-20080330116835.html

Primerica apologist blown away;  his lies exposed:  {point #} 13. “Are you sure there are NO Financial Firms that will allow you to work part time AND own and office? …..and … Are you also sure there are NO Financial Firms that will not let you work in another Financial Field and also work for their firm? … and … Are you sure that they “Will require you to drop several thousand (often in the 6-figures) in franchise fees” before you open your office? … Wow … I should really go tell some the independent agents I know that what they are doing every day is IMPOSSIBLE. .. and … I am not sure how I owned an office when I was part-time …. And … I must owe someone a franchise fee … so please let me know who to write that check to.    Should I stop selling health insurance and disability insurance too? Just because Primerica doesn’t sell it, doesn’t make it {or me -consult the Rock } non-compliant, it makes PRIMERICA Non-Compliant.
MORE POINTS IN HERE;  EDITED TO SAVE SPACE -consult the ROCK
{point# } 14. You have only had 1 chargeback your entire career in Primerica? … that would mean every person that you have ever put an app{lication} in for was always approved, not rated{;}   always accepted the policy and never looked for a lower rate during the underwriting period?  Since you are paid on submission {sic:  commission} that would be close to impossible … you want to change your statement about only 1 chargeback{?}{point # }
15. How can some {one} who preaches about ethics vs money … then say “Eh, its business” when it comes to Interest Rate on a Mortgage.  I can show a person how to pay of {sic} their 30 year mortgage in 12 to 18 years … biweekly without a charge to do it {HA HA HA HA HA} …. With a lower total cost AND give them the lowest interest rate.  Primerica has not cornered the market on that {ha ha ha ha ha} … they are just the only one doing it AND charging a high interest rate. If you think your clients don’t care about 2 interest rates {percentage} points … what ethics do you have? “

{All RVPs pay close attention:} {point #}17.  As for a new recruit … why not do this:
a. New Recruit says I am interested in getting in to Financial Services.
b. New Recruit pays NOTHING ….
c. New Recruit goes to licensing class FREE …
d. New Recruit goes on training appointments that I set up in MY MARKET from the referral I have made from clients I have saved money for …
e. New Recruit Learns even more and still hasn’t paid anything.
f. Independent Agent Pays for New Recruit to take the test. …… That’s what {sic} done all the time?” {.}  That’s why A.L. Williams owes me and why Primerica owes all their recruits.   I resent you lying to me, Bonnie Dorman. http://primerica.pissedconsumer.com/primerica-bankrupted-a-friend-he-lost-his-home-20080330116835.html   You may have saved some money “primerica rocks”{,}  but if you have a term policy with them, the fact is you could probably have paid half as much for possibly more coverage from a different carrier, and had more to invest. They could have helped you with the refinance too, especially considering that Primerica’s products are by no means special. You just didn’t shop around, and instead took the first piece of advice you came acroos {sic: across}. Best of luck!”
4. “Also how can you not know what it takes to own your Primerica business? You have no way of looking up and verifying the 3% growth {!!!!!!!!!!!!}-consult the Rock}…. This is your business, you know ALL the ins and outs of Primerica and the Financial Service Field, how can you not get that information … how can I get it and you can’t”   { ha haaaaaaaaa!  O ho ho ho ho ho ho ho ho A ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha!}   http://primerica.pissedconsumer.com/primerica-2bjob-opportunity-3drun-20080204112362.html

The author is very knowledgeable.  Cannot find the name of the author on the website:   “A thorough response to “Termites” has been prepared as early as 1988 for a former RVP in the A.L. Williams organization in a published book called  “A.L. Williams:  Cult or Crudade? {sic}”   The questions asked there are relevent{ sic} to today’s PFAs and are the questions that should be asked when one is being coerced to replace their cash value policy or is being recruited to join Primerica, a company that is known for its agents unscrupulous and deceptive practices.
“1. Do you want to buy insurance from a company which guarantees that the insurance you buy this year could cost you $106,000 more by age 65…?”
2. “Do you want to do business with a company [whose agents] openly admit to lying and distortion to sell its programs?”
3. “Do you want to do business with a company [whose agents] state it is more important for them to get the business and biggest earnings than how they got them?”
4. “Do you want to join a company which offers a dream, a job opportunity and an “own your own business ” pitch which is really a [MLM] sales gimmick?”
5. “Would you want to join a company which offers financial independence and yet will not guarantee any earnings, compensation plans or employee benefits?”
6. “Do you want to go to work for a company which encourages you to build your own business, but it requires you to sign 73 pages of contracts which give the company the right to take your business, to terminate you without cause, and to confiscate your past business earnings?”
7. “Would you like to invest your family’s business future contracting with a company which forces you to sign a contract which allows only the company to change the terms of the contract at any time without justification?”
8. “Do you want to trust your professional future to a company whose contract states your “…appointees (business) and rights to commissions and override commissions (earnings) do not constitute property of the RVP (you) for any purpose nor shall such rights be subject to inheritance…” and that upon your death {A.L. Williams -conAmerica -consult the Rock} takes it (your business) — if they don’t take it before?
9. “Do you want to work for a company which won’t let you sue them in a court of law if they violate their agreement with you or wrong you — but requires you to go to Georgia, under Georgia law, when {while} the company reserves the right to sue or arbitrate?”
These are a few of the questions being asked in 1988, shortly before Weill bought the company from Williams. Little has changed since 1988. If you have read your contract carefully, you will see that most, if not all of the above statements apply to today’s Primerica. I strongly advise anyone considering Primerica as a career or as a vehicle to wealth {grinding poverty -consult the Rock} to find another vehicle.”
What S.L.  posted is absolutely irrefutable.   While slaving for A.L. Williams now conAmerica and feeding the upline and not making any money for the benefit of my hard labor for my family, I first noticed that CNA was cheaper.  Then I noticed another one cheaper, then another, then a torrent.   Then, even if A.L. Williams appeared cheaper, it was NOT in some of the plans.
http://www.pissedconsumer.com/consumer-reviews/insurance/formerly-a.l.-williams-complaint-%11-insurance-companies-2007030539870.html
https://nextaxpro.wordpress.com
2. Written by vtch786 aka PFS Truth, on 08-08-2008 15:04  LTM4661:
1st – Please use your own name not my username {.}
2nd – You have been lied to if you were told you can get promoted without selling anything.  {poor Primerica recruits will believe anything.  This is really pitiful.  -consult the Rock}  You have to do $10,000 in life insurance premiums 2 months in a row AND have 6 districts to get promoted to RVP. By the way you don’t give away the life insurance policies, you or your team has to SELL it. After being told you don’t have to sell anything to be promoted by another up standing Primerica agent and now finding out the truth, you are a sucker if you sign that IBA. How many times do I have to say this, I was at Primerica for 3 years, LTM4661 or any other new person, what makes you think you are going to say something that I don’t already know. I am trying to warn you before you sign the IBA.
3rd – When you recruit somebody … do they give those away free too? … NO, you sell them an IBA contract for ($99 down and $25 a month) {yiiiiiiiiiiiiiiiiii !!!!!  OWWW!!!!!  YOU PAY TO GET RAPED!!!!!!!!  -consult the Rock}…. Wake up!  Every promotion is based on sales, either IBAs and/or Life Insurance.  You are choosing to ignore FACTS and if you sign your IBA after this you deserve exactly what you are going to get.
4th – What McDonald’s can you buy for $10k?   From McDonald’s website: How much does it cost to open a McDonald’s franchise? Total investment: $655,750 – $1,225,000   { More now -consult the Rock}
5th – What ” franchise” are you buying at Primerica?  Let’s use your analogy:  Would you buy a McDonald’s then be told you have to start working for free at the FRY STATION and ADVERTISING at the same time … and hopefully, one day, maybe you could own it…. Does that make sense?   Because that is what you are doing a{t} Primerica. Get this straight{:} it is a Multi – Level Marketing company{sic:  pyramid -consult the Rock}.  You have to recruit to be promoted and you have to sell to get promoted.   You will be selling OVERPRICED products to your friends and family and recruiting strangers AT THE MALL, trying to convince them with the same lies you are believing.  Sounds like Amway to me … the only difference is you have to get a state license{d} first … so you have to wait and make you[r} new up-line money first.   {Yep, confirmed true. -consult the Rock}  http://primerica.pissedconsumer.com/primerica-is-deliberately-deceptive-20080806130446.html

Good stuff by:  Written by vtch786, aka PFS Truth, as Primerica apologist stole his name and wrote garbage favoring Primerica!   ‘nuf said!  on 09-05-2008 10:  http://primerica.pissedconsumer.com/primerica-bankrupted-a-friend-he-lost-his-home-20080330116835.html

Primerica apologist blown away;  his lies exposed:  {point #} 13. “Are you sure there are NO Financial Firms that will allow you to work part time AND own and office? …..and … Are you also sure there are NO Financial Firms that will not let you work in another Financial Field and also work for their firm? … and … Are you sure that they “Will require you to drop several thousand (often in the 6-figures) in franchise fees” before you open your office? … Wow … I should really go tell some the independent agents I know that what they are doing every day is IMPOSSIBLE. .. and … I am not sure how I owned an office when I was part-time …. And … I must owe someone a franchise fee … so please let me know who to write that check to.    Should I stop selling health insurance and disability insurance too? Just because Primerica doesn’t sell it, doesn’t make it {or me -consult the Rock } non-compliant, it makes PRIMERICA Non-Compliant.
MORE POINTS IN HERE;  EDITED TO SAVE SPACE -consult the ROCK
{point# } 14. You have only had 1 chargeback your entire career in Primerica? … that would mean every person that you have ever put an app{lication} in for was always approved, not rated{;}   always accepted the policy and never looked for a lower rate during the underwriting period?  Since you are paid on submission {sic:  commission} that would be close to impossible … you want to change your statement about only 1 chargeback{?}{point # }
15. How can some {one} who preaches about ethics vs money … then say “Eh, its business” when it comes to Interest Rate on a Mortgage.  I can show a person how to pay of {sic} their 30 year mortgage in 12 to 18 years … biweekly without a charge to do it {HA HA HA HA HA} …. With a lower total cost AND give them the lowest interest rate.  Primerica has not cornered the market on that {ha ha ha ha ha} … they are just the only one doing it AND charging a high interest rate. If you think your clients don’t care about 2 interest rates {percentage} points … what ethics do you have? “

{All RVPs pay close attention:} {point #}17.  As for a new recruit … why not do this:
a. New Recruit says I am interested in getting in to Financial Services.
b. New Recruit pays NOTHING ….
c. New Recruit goes to licensing class FREE …
d. New Recruit goes on training appointments that I set up in MY MARKET from the referral I have made from clients I have saved money for …
e. New Recruit Learns even more and still hasn’t paid anything.
f. Independent Agent Pays for New Recruit to take the test. …… That’s what {sic} done all the time?” {.}  That’s why A.L. Williams owes me and why Primerica owes all their recruits.   I resent you lying to me, Bonnie Dorman. http://primerica.pissedconsumer.com/primerica-bankrupted-a-friend-he-lost-his-home-20080330116835.html   You may have saved some money “primerica rocks”{,}  but if you have a term policy with them, the fact is you could probably have paid half as much for possibly more coverage from a different carrier, and had more to invest. They could have helped you with the refinance too, especially considering that Primerica’s products are by no means special. You just didn’t shop around, and instead took the first piece of advice you came acroos {sic: across}. Best of luck!”
4. “Also how can you not know what it takes to own your Primerica business? You have no way of looking up and verifying the 3% growth {!!!!!!!!!!!!}-consult the Rock}…. This is your business, you know ALL the ins and outs of Primerica and the Financial Service Field, how can you not get that information … how can I get it and you can’t”   { ha haaaaaaaaa!  O ho ho ho ho ho ho ho ho A ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha!}   http://primerica.pissedconsumer.com/primerica-2bjob-opportunity-3drun-20080204112362.html

The author is very knowledgeable.  Cannot find the name of the author on the website:   “A thorough response to “Termites” has been prepared as early as 1988 for a former RVP in the A.L. Williams organization in a published book called  “A.L. Williams:  Cult or Crudade? {sic}”   The questions asked there are relevent{ sic} to today’s PFAs and are the questions that should be asked when one is being coerced to replace their cash value policy or is being recruited to join Primerica, a company that is known for its agents unscrupulous and deceptive practices.
“1. Do you want to buy insurance from a company which guarantees that the insurance you buy this year could cost you $106,000 more by age 65…?”
2. “Do you want to do business with a company [whose agents] openly admit to lying and distortion to sell its programs?”
3. “Do you want to do business with a company [whose agents] state it is more important for them to get the business and biggest earnings than how they got them?”
4. “Do you want to join a company which offers a dream, a job opportunity and an “own your own business ” pitch which is really a [MLM] sales gimmick?”
5. “Would you want to join a company which offers financial independence and yet will not guarantee any earnings, compensation plans or employee benefits?”
6. “Do you want to go to work for a company which encourages you to build your own business, but it requires you to sign 73 pages of contracts which give the company the right to take your business, to terminate you without cause, and to confiscate your past business earnings?”
7. “Would you like to invest your family’s business future contracting with a company which forces you to sign a contract which allows only the company to change the terms of the contract at any time without justification?”
8. “Do you want to trust your professional future to a company whose contract states your “…appointees (business) and rights to commissions and override commissions (earnings) do not constitute property of the RVP (you) for any purpose nor shall such rights be subject to inheritance…” and that upon your death {A.L. Williams -conAmerica -consult the Rock} takes it (your business) — if they don’t take it before?
9. “Do you want to work for a company which won’t let you sue them in a court of law if they violate their agreement with you or wrong you — but requires you to go to Georgia, under Georgia law, when {while} the company reserves the right to sue or arbitrate?”
These are a few of the questions being asked in 1988, shortly before Weill bought the company from Williams. Little has changed since 1988. If you have read your contract carefully, you will see that most, if not all of the above statements apply to today’s Primerica. I strongly advise anyone considering Primerica as a career or as a vehicle to wealth {grinding poverty -consult the Rock} to find another vehicle.”
What S.L.  posted is absolutely irrefutable.   While slaving for A.L. Williams now conAmerica and feeding the upline and not making any money for the benefit of my hard labor for my family, I first noticed that CNA was cheaper.  Then I noticed another one cheaper, then another, then a torrent.   Then, even if A.L. Williams appeared cheaper, it was NOT in some of the plans.
http://www.pissedconsumer.com/consumer-reviews/insurance/formerly-a.l.-williams-complaint-%11-insurance-companies-2007030539870.html
https://nextaxpro.wordpress.com

Before we expose pyramiding,  I will show you sodomy in action;  what sodomites really think about and what they do.   This is NOT what the press, pbs and the hrc wants you to see.   This was after California Proposition 13 passed on November 5, 2008:  http://www.wnd.com/index.php?fa=PAGE.view&pageId=80220       ALL powers not SPECIFICALLY GRANTED to the federal government shall be considered given to the States.  Abortion {mass murder}, sodomite “rights”, overruling the States, outlawing prayer and King James Bible reading in the public schools are all ILLEGAL by the extreme court!!!!   The extreme court can adjudicate individual cases;  they cannot legislate!   The Legislature does that.

        OK.  NOW WE WILL MOVE TO FRAUDS:   LET’S MAKE IT SIMPLE  for those who do not read have time to read all of this expose for the present.  Would you work in the following scenario?   You go to work in an office after being told “you really fit this position.  And it will be EASY work, you will have lots of time with your family and you will make a tremendous amount of money”.    

Firstly, you are told you will NOT be paid until you obtain a license.  You say “nothing was said that you have to have a license to work here.  And, you already have my SS number”.  Well, you were finally told AFTER the sleazy one got you all excited about making 50,000, 200,000 or even more {less than .0025 do}.   Secondly, you must “recruit” other workers so you can be paid.  “What?  What if I get five;  they all get five;  they get five?  Where will all these workers fit?  There’s very limited space.”   You only hear:  you must recruit, recruit, recruit.
Thirdly, AFTER you pay out of your own pocket for this license, you cannot earn money yet.  “Why am I not allowed?!  That’s not fair.  You said I can collect commissions and recruit after I pay for this license, pay for the preparation, pay the fee and pay all of my expenses to get it.  I’m having to go to the homeless shelter because I cannot meet my house payments” or “I cannot pay my rent”.   You hear a bunch of lies.  This is to cover up the fact that you are not allowed commissions for a while.   You see, your superiors {superiors?  NO ONE whom is dishonest is superior to I.  NO ONE.} – this upline – knows that you are going to hear the truth about Primerica.  You will become very discouraged, very, very quickly.  So your “superiors” have to hold something back to insure you remain in the trap that they have placed you in.
Fourthly, you are told {or may be NOT told and all the implications of that!}  YOU MUST HAVE $25 STOLEN FROM YOUR BANK ACCOUNT EVERY SINGLE MONTH!!!!!!!!!!!!!!!!   WHY??!   LISTEN TO ME!!  conAmerica has waxed worse and worse!  LISTEN TO ME!!   If this is such a great opportunity and you are in a 10, 25, 50, 100, 200 or 500 billion dollar company, depending upon how large of a lie your so-called superior told to you.   You haven’t seen a check for well over 3 months now, but you have to allow Primerica to STEAL – that’s precisely what it is – from you.   And they do not tell you up front.  This means that you will be clubbed for $25 to Lord knows how much, depending upon how many checks you wrote that bounced as a result, how dishonest your bank is and the fee your bank charges per returned check presented.
Fifthly, you are NOT vested in any profit sharing, retirement, pension plan after one year of employment in this supposed 500 billion dollar corporation.    No health insurance or HSA, either.   I’ve still received nothing for all my toil for A.L. Williams.   Sixth, you are provided with NO life and health insurance after two or three months of employ, not even one with a large deductible.  You are told that you MUST buy an insurance policy with this 500 billion dollar company!!  { NOT WORTH THAT MUCH ANY LONGER }     WHAT!!!!!     When you franchise, you get the merchandise for free.   My friend who franchised a restaurant did.   You must BUY this policy as an EXAMPLE to all of your prospects, even though you suppos
edly have this secure job in an office where you are supposed to be making this huge salary and not have to waste $80 in gasoline per day trying to sway prospects and lying to potential recruits to get this downline!!    WHAT LIARS THESE GARBAGE ARE!!!   You do the “hiring” for your upline and they don’t have to go to the expense of finding good help.  But even though it’s their fault, YOU still get the blame if your downline doesn’t sell.  And, in addition to that, it’s not even the cheapest of policies!!  Matter of fact, when you compare to other companies, you find that you are paying one of the highest rates!!  And you are forbidden from doing business with any other company!  Further, you receive no discounts!!!   You pay retail in this $500 billion company that should be insuring you and your family in gratitude for your putting in 80, 90, 100 hours/week worth of work attempting to get more “recruits” for the company!!  Worse, you may already have a whole life policy that you are trapped in.  It does not matter.  You are told you MUST buy a policy with Primerica to make a good impression on all those customers you are supposedly going to convince to come on the Primerica merry-go-round.  No lead sheets from a professional marketing firm nor anything a quarter of the way convincing is presented proving that you will have good possibility leads. 

Seventh, you can be demoted by your superior for any reason, including no reason.   Your commission levels would be reduced, also.    And this is only the beginning.  I’ve learned that rvps and svps,  when they tell their upline they are going to retire have ALL of their leads, underline, commissions STRIPPED from them!!   That is the rawest, cruelest, atrocious, lowdown, varmit, outlaw, double crossing, double dealing,  raping of the rep and his family;  abominable, heinous criminal STEALING and PROMISE BREAKING ever!

Eighth, when you become sick and tired of being treated unfairly, you have NO RECOURSE.   You cannot go to the Department of Labor for redress! 

Ninth, the commissions you make in this “office” can be taken away from you.  If your purchasers find that your prices are too high, they change their mind, your company decides not to sell to a “sold” customer, a death in the family and a different CEO takes over – any of these things can cause you to have to take a “chargeback”  – which means you have to give your commission and overrides back!!    And, you have no overrides to give!!!    You receive ZERO ZILTCH NYET renewal commissions and they tell you that is a good thing!!  OK, does conAmerica make up for it with a pension?   NO NO NO!!!    You are walking, then gaiting, then galloping, then RUNNING, faster and faster just to fall farther and farther behind! You are TRIPLY whammed!  In a real company, you get paid and your company refunds the money to unhappy customers.  At this company, you not only do not get paid, and, when you make a commission, YOU and NOT your company, have to refund to the customer when the customer does not pay, etc.  YOU did not receive your entitled commission when you were paid because you were skimmed to pay an upline.  But when you have to take a chargeback, YOU pay the entire chargeback!!   A triple blow!!   I think one or both of the pastors I sold to discontinued the policy after a couple years.   A.L. Williams did not attempt to tell me I have to give my commission back.   Good thing for him is all I can say.   He owes me so much in commissions because someone else sold in my “protected territory”;  my time and I’ve received no retirement, 401(k), profit sharing, pension – nothing, ziltch, nada, nyet!

     And don’t allow a fraudulent apologist tell you that you have your own business!!!   You are only allowed to advertise what conAmerica allows you to advertise.   You are not allowed to recruit except where conAmerica tells you where you can recruit.  You are not allowed to have an office except where conAmerica allows you to rent or own an office.  You pay out of your own pocket.    IF you become a rvp, you MUST have an office, even though insurance reps sell out of their car.  All you need is a computer, literature and sample policies.   And you don’t get a free policy with riders;  not even a discount!
Tenth, you begin hearing that the prices of your companies product lines are too high.  You do not believe it because you were told that we had the lowest rates in all features.   That’s why you came to work for this glorious company.  You begin doing your research in independent journals, trade journals, online, and so on and you find that ALL of your products are over-priced.  Your company cannot compete.  Not only that, you discover that your product line does not have the variety that your competitors have.  Further, your line has some terrible products.  WOULD YOU GO TO WORK FOR A COMPANY LIKE THIS?   READ ON.  THIS IS THE WAY IT WAS AT A.L. WILLIAMS, INC AND STILL IS AT CON AMERICA!

“This is a deadly business model in which you are doomed to fail,” says Robert Fitzpatrick, president of Pyramid Scheme Alert, an Internet-based watchdog group located in Charlotte, North Carolina. “There’s a ninety-nine percent loss rate” —meaning the vast majority of people who start MLM businesses end up losing money.  You’d have a better chance betting your life savings on a game of blackjack in Vegas than you would putting it all into a multi-level marketing  { in reality a pyramid -Rocky } home business.” {Oooch!!!!  That hurts!!!!!}

PRIMERICA MILICO CITIGROUP A.L. WILLIAMS MAKE RESTITUTION!   PRIMERICA PYRAMID BOILER ROOM SOON TO BE DUMPED BY CITIGROUP.   A.L. Williams RVPs wanted me to buy a policy!  WHAT!!  CUCKOO! CUCKOO!  When I go to work for a company, I get their product for free or at employee discount rates, especially when I become a seniro vice president!!!   You dig???   You say Primerica is the same as any other company.  Then why am I a customer?!  If I’m an independent contractor;  if you want loyalty;  you are going to give me something.  And that’s not all.  Your company said I couldn’t sell on the first visit.  A.L. Williams gave orders and had control as to how the work was to be carried out.  Hence, I was an employee.  Where’s my workers comp coverage, health insurance, extra social security in my account, vacation pay, sick leave pay, severance pay, ESOP, etc?   How much was the stock bought for/share when the two corporations that merged to be called Primerica bought A L Williams?  What’s the big deal if a potential customer asks if I have a policy myself?  You are going to give me a policy.  I’m an employee.  Of course I have  a policy.  You gave it to me.  If you don’t, you are trying to make me BUY a policy.  You know you are nothing by a lying con man, lowdown, double crossing, slick tongued unscrupulous huckster.  When I go to work for an insurance company, I get the policy for  free.  Buy an overpriced policy to help National Sales Directors and Senior National Sales Directors?  What deception!  What dishonesty!    http://www.sec.gov/cgi-bin/txt-srch-sec?text=Primerica&mode=&start=&count=§ion=Litigation&sort=rank
If you just do a goggle or Yahoo search on ‘Primerica fraud’ you will get hundreds of hits explaining lawsuits, Primerica’s deceptive tactics and testimonials of people defrauded. Most concerning of all though is that members of Primerica during company’s presentations and speeches yell out ‘Amen’ and ‘Hallelujah’ (my husband admitted hearing this too) and insist upon Primerica being a ‘Christian’ organization.”  {an agent with AL Williams told me that many reps are pastors.  It’s easy to believe you need “supplemental income” when you are not trusting the LORD for your support – consult the Rock}.   The average commissions for a Primerica agent is 200 and the average commission  BECOMES A NEGATIVE as only 0.5% of the RVPs, RVPs and SRVPs make 7 figure commissions and overrides { and possible kickbacks from chargebacks on their reps!!}.  If it’s not multi-level marketing, why do 98.5%  {1500% more realistically;  see above} or more of the reps who try pyramiding wind up with a DEFICIT after you figure expenses for the program?!  Would you continue working for a corporation wherewith you had to pay fees and month after month after month earned no money and was not paid anything??!!?  Any company that pays only sales commissions without binding promises of base pay, profit sharing, preferred stock, stock, warrants – some future reward for work performed – is a slave master.  An honest day’s pay for an honest day’s work.  Be up front.  Bill Gates was.  He asked the workers to accept shares of stock.  Those who did not want his promises could walk away.  Primerica pressures you to stay with threats of no refund of your $199 (or more) and the usury regarding the loans.  Bill Gates backed up his promises.  He did not puck out fairy tales of riches.  He backed his promises up.  That’s what A L Williams needed to do and did not.  That’s what Primerica needs to do and has not, to date. One wonders why ripoff report would stoop so low to defend something that they know is immoral, illegal and a nefarious pyramid scheme, not to mention all the documentation that is still on ripoff report.  Ripoff report won’t publish any more exposes, but the documentation is still there despite what Ripoff report sticks into virtually every single title in Prmerica, Citigroup, Milico.    Not a pyramid?   Then CEASE STOP CEASE STOP telling the reps to “recruit, recruit, recruit”!!

       And that's not all.  No company is shaped like a pyramid, as defenders ignorantly say. They only explanation for such statements is Why Johnny Can't Read and Beginning a business for dummies.   You would have to be coach potato, on video games, dope and rock noise to make such a pitifully ignorant statement as that. Here's a picture of a typical business, small business, C or S corporation.  You already know it, unless you believe in sorcery, sodomite rights, evilution, global warming, too many people, too few trees, take the Bible out of the schools and allow child molesting, clapped up sodomites to teach and babysit your children and all the Isaiah 5:20-23 - www.chick.com - and lies the press tells you hourly!!!:                                                                                                        Proprietor
    |
2-500 Laborers who see the inefficiency in the plant/office and know what's going on.
    |
Secretary
    |
Courier-Errand boy    
    |
Guy who reports directly to me, cracks the whip on those I cannot supervise directly
    |
Engineering
    |
Advertising Exec  ( you don't absolutely HAVE to have the chiefs at the top and the Indians at the bottom, like the nitwit Primerica apologists always say.  It's a free country.  I'm a taxpayer.  I run my business the way I want.  It's MY company.  A.L. Williams, Inc, told me I had my own company.  I didn't.  You poor souls at conAmerica are finding the same lunatic scenario.   Think outside the box, remember?  Duh!!  Lot of hypocrites out there.   Practice what you preach.   Better to listen to consult the Rock.)
Find the pyramid in my diagram there.   Furthermore, remember that NO partnership, S or C corporation, tax deferred entity, LLC is shaped like a pyramid. If your product is decent, good, works, is honest and NOT an illegal, immoral, vile, evil pyramid, you are not going to flood the search engine with LIES defending a FRAUD so that your upline and NOT you make money.   Hence, what are YOU afraid of???   Hmmm?  The silence is deafening.  Every single souls knows.  Darkness is ALWAYS FEARFUL of TRUTH and LIGHT.  DARKNESS is always FEARFUL OF ALL TRUTH AND HAS TO MAINTAIN DECEPTION.   To be demanded by Primerica to pay for a background report made me laugh myself sick!  They want any sucker.  Any sucker will do!  Anybody can get on as an "independent contractor"!  What's the background investigation for?!  What if I had bought the policy?  Would I have gotten my money back?? Supposedly AL Williams is an open book.  You become so brainwashed you never question anything.  He never came to see any rep and he never called for meetings.  He can afford to pay the expenses.  Primerica defenders will cease and desist now from defending that nefarious pyramid scheme. And that's precisely what multi-level marketing is.  P ut your money where your mouth is.   Pay me my 50 million of the coming class action lawsuit, then defend your wicked, pyramid scheme that has impoverished me and millions of others.   You would be put to death if you defended it in China.   Amway [now sometimes called Quixtar} is NOT allowed to pyramid in China.  And you know it, and I know it.   http://www.sec.gov/cgi-bin/txt-srch-sec?text=Primerica&section=Entire+Website&sort=rank        www.facebook.com/Nextaxpro    https://twitter.com/Nextaxpro
"I believe that a long step toward public morality will have been taken when sins are called by their right names." -Billy Sunday How prophetic as serial murdering, child molesting, clapped up, disease ridden, devil possessed, hate driven, fecal eating, urine drinking QUEER sin-sick perverts are being called 'gay", "bi", "transgender", "crossdressers", "homos", "lesbians".   And they use trash that are NOT words!  "homophobe".  Ahem!!   I do not fear any man.  The fear of man bringeth a snare, but whoso putteth his trust in the LORD shall be safe -Proverbs 29:25   It is NOT aids!   It is SRID:  sodomite related immunity deficiency.   It is WOGS:  Wrath of GOD Syndrome.
A nefarious, surreptitious, abominable, horrific, ugly, leeching, pyramid, leeching boiler room scheme being called "multi-level marketing.  It is NOT marketing!!! It is a shyster, con man, fraudulent, skimming, blood leeching, lowdown, varmit abominable robbing YOU of your hard earned money and credit. -consult the Rock  https://nextaxpro.wordpress.com http:twitter.com/Nextaxpro  ALL of the search engines have conAmerica fraud defenders AHEAD of the exposes of conAmerica.   Why?   What are the plights afraid of??   They have compromised their morals.  They don't want to lose victims as they are victims.  Hence, they feel that they have to deceive.  Infinitely better to do the moral and honest thing and get out.  Cut your losses and get out.   Some of you have expertise and know how computer engineering works.  We can do something about these pathetic perverts who will toss their morals out the window.  We can do something about these liars and deceivers, who are taking many to permanent poverty.  Just get out of the boiler room, leeching business.  I did.    I'm not any better than anybody else.   But when I see anything that is evil, I'm 
going to speak out against it, as you should.  
The FCC, the DOL and our Congressmen are a disgrace.   They do nothing about the pyramid schemes.   In 1979, a judge asked amway if they depended upon recruits.   amway LIED and said "no".   The judge threw out the case against amway.   It was a fiasco;  a total disgrace.   That judge had no right to practice law.   He had amway and let the pyramid fraud go!    amway had been sued by men and women who knew that they could prove that amway was a pyramid scheme.   They proved it.  The judge let amway pyramid go, any way.   It's the old saying:   we know what is right, but trained, educated lawyers don't {!!!} They do nothing!   It takes websites, tapes, DVDs, books, articles and newspapers which will print exposes to do something.      You all can type reviews in the yahoo yellow pages that permit a review of your local Primerica "services" office that attempted to recruit you and steal your hard earned money.   Some pages do not.   You all may know of other websites besides yahoo that permit.   Some search engines have picked up a few of mine.   The more we type online, the better.   -Consult the Rock    
"I believe that a long step toward public morality will have been taken when sins are called by their right names." 
  HORRIFYING!!  POLICYHOLDERS NOT GETTING THEIR INHERITANCES BECAUSE OF PRIMERICA ABOMINATIONS!!  AGENT SEDUCES HUSBAND!!  UNBELIEVABLE!! 

THINK PRIMERICA AGENTS KNOW WHAT THEY ARE IN TO?    

This entire post may be worthy of you printing out, lying side by side and examining.  It consists of PFS Truth, a very weak and very poor rebuttal by a Primerica apologist, then PFS truth blows the apologist to smithereens:  http://primerica.pissedconsumer.com/is-primerica-a-scam-you-be-the-judge-20080320115955.html

{Y}your client is declined by Primerica.    Tell them they don’t deserve life insurance {,} then. You see this is what opened my eyes up, because my father was turned down by Primerica. Was I suppose{d} to tell him “Oh, well .. too bad”…. No, I did what any good son would do,{;} I started looking at other companies and found he could be covered with term insurance by them, for less then what Primerica was going to charge. 4. Term is the right product for 95% of people (sorry not 100%), the problem is you only sell Term which is great but what do you do when you run across a person that is in the Top 5% … Also think about it … aren’t you trying to get all your clients and yourself to that Top 5% … what do you get when you are there? {I am very sure Primerica goes vs. their word and sells some whole life. In any event, most of their term packages are overpriced. -consult the Rock} 5. You are taught with your mortgages to say “Interest Rates do not matter” or “Ours are calculated differently” … If it doesn’t matter then why not give them a competitive one.{?} I also dare you to put that in writing,{sic: period} Home Office Compliance would be down your throat quick because they know it is not true… so they don’t want it in writing. 6. With your investments…. the market is down right now … am I suppose to sink money in an investment I know is going to go down right away …. That’s right{;} Primerica has annuities now … even though just a couple of years ago annuities were “evil”. 7. A client’s money is sacred to them … why would they sink it into a company with so much negative press, it scares them …. Why do it …. When they can get the same thing for less with less negative remarks…. For all the agents who say that is just “some” agents that act like “that” …. They represent YOUR company and because the RVPs don’t care what type of people they are as long as they have $199 (now $99) {if 99 now, not for long. Plus, remember, Primerica pays for nothing, reimburses you for nothing, steals from your bank account $25/month whether you have the money in your checking or savings or not. A very, very sneaky, unscrupulous outfit.  What pyramid isn’t? -consult the Rock} so the RVP can win the next contest. But Most of you aren’t in Primerica because of the products, you are in it for the business. Because you think there is nothing is better then owning your Primerica business. It is definitely better then {sic} Corporate America{;} that is for sure. Here is where I look at you like teenage kids with your first beat up car speeding around town like you own a brand new Mercedes and I tell you to “slow down and think” .. you will either listen or will crash and I will say “I told you so”

SECOND NUMBERED GROUP IN THIS ESSAY
How many of you TRULY read and understood your IBA contract when you signed it? Let me go over some things before I enlighten about your IBA contract:
1. How can you tell a new recruit that you can make a lot of money before you actually do it.{?} Doesn’t that feel wrong to you?
2. The money you are spending for your IBA DOES NOT pay for your license {more fees than ever now -consult the Rock}it pays for processing and your Licensing class …. Most states don’t require a class{.} {W} why does everyone have to pay for it. {?}
3. Why can’t a new recruit go get your licenses BEFORE you sign your IBA?
4. Why can’t new recruit{s} go see clients AFTER {BEFORE} you are fully licensed and then sign ALL transactions  {ONCE YOU BECOME LICENSED}?   I know why this is the case ….  Most agents are not making money so they need to sign it to make money and they are afraid the recruit will quit.
5.  Why beat around the bush when saying the name Primerica ….. you are taught to say “Division of Citigroup” …. “Member of Citigroup” ….. “Largest Financial Services Distribution Hub” ….. “PFS” ….. anything but Primerica … it goes back to the bad rep …and the fear that the new person will Google the name Primerica{.}    And that is fact!  They were sure to check your A.L. Williams business cards.   You had to pay.  They didn’t tell you that you just lost if the RVP does not approve the name you put on when you had the cards printed!    ROCKY  HTTP://NEXTAXPRO.WORDPRESS.COM
6. People who leave Primerica are not quitters or couldn’t make it at Primerica … people making six figures have left Primerica for better opportunities … you just don’t know they exist.  { Ark ark ark ark ark ark ark ark ark ark.  More often, it is because of lazy, irresponsible rvps and svps who are reprehensible and won’t obtain a real job and earn their keep! -consult the Rock}
7. You would NEVER be able to recruit a person who is already licensed and knows what questions to ask. {This would be so hilarious but for the sad reality that there are so many, many victims of disreputable pyramid schemes. -consult the Rock}
8. Citigroup (not in the best financial shape right now and has {omit “has”} Abu Dhabi is now the largest shareholder) is looking to sell Primerica …. FACT … check out the Wall Street Journal March 28th 2008 Section C … “Citigroup has a major retail presence in just a handful of major cities, including New York, Miami, Chicago and San Francisco. Primerica Financial Services, which sells life insurance and mutual-fund products, is up for sale but isn’t attracting buyers, say people familiar with the matter.”             {The Primerica nut who “rebutted”  didn’t even know. I mean, HE DOES NOT EVEN KNOW that he is about to lose his policyholders, contests, AND leads.  Pitiful.  You primerica captive agents own nothing. IT’S PROVEN IN POINT NUMBER 4 and 14 BELOW. -consult the Rock} THE THIRD GROUP OF LISTED NUMBERS IN THIS ESSAY:    
Now on to the IBA…. The moment you sign your IBA these things happen:
1. You become a captive agent {HORRIFYING!!!  Bonnie didn’t inform me of an awful lot of things!} ….. not allowed to sell anything Primerica does not offer …. Hand cuffing you to fully help your client. 
2. You only have one company to work with {-} Citigroup…… why not allow you to use any company you want …. There are companies that do.  {Si`!  It’s called independent agents!}
3. You have to give up a “leg” (your MOST productive team) to become an RVP …. Why not let them become an RVP AND keep their whole team ….. Other companies do it
4. Hear me when I say this!!!! YOU DO NOT OWN YOUR BUSINESS!!!!! Don’t believe me … ask your RVP {the following:}  if you move to a different company can you take your clients or team with you{?} ….. you will find out real{ly} quick{ly} … read your IBA it says it in your IBA .. your RVP owns your business … you do not own your business until you are a Senior Vice President AND have had 5 years of at least 3% growth {funny how Bonnie Gore the man forgot all about that} .… Until then your RVP owns your business … even after you become an RVP…… there are other companies that allow you to take your clients with you.
5. I will preface this comment …. I am a huge believer in recruiting ….. I love recruiting and I am good at it …. BUT you should not have to be forced to recruit to be promoted … you should have the choice to work yourself or recruit and have the same opportunity … America is about choice. 
6. Your Securities (investment) commission is HORRIBLE….. there is NO WAY you could live on it alone .. add it up.  
7. You{r} IBA has a non-compete clause in it …. Which means try to leave for something better … see how nasty your old “friends” get.   {O ho ho ho h o ho h o ho ho !  He he he he he he he he he he he he. Chuk chuk chuk chuk chuk chuk chuk}
8. You have to be full time to become RVP …. Do you forget some people like their job … pastors, teachers (I know the company was started by teachers … but you fail to realize A.L. Williams was a different company then {sic: than} Primerica) or anyone else that would like to keep their job.  {it was like that at A.L. Williams.  At least in some districts -consult the Rock}
9. As an RVP you are required to get an office … again I like having an office but some people do not want the overhead … why make them pay it?   {Why can’t con America pay?  They say they have so much money.  Why say you are a private firm that doesn’t need to issue stock, then talk out of both sides of your mouth and say “we are a part of Citigroup, a world renowned large corporation”?
10. You can be “Rolled Back” which means lose the promotions that you have received and the commission levels at your RVPs discretion …. Not enough production, illness, or because your RVP wants to teach you a lesson.   {How do you like aspiring to be a RVP?   You know you are going to shaft your downline.  And you stay with such an evil boiler room.   You ought to be ashamed of yourself!  You ought to be exposing con America 19 hours a day.}
11. Some people do not like the risk of the market …. You can not sell a fixed / index annuities …. Most of you don’t know what that is … don’t worry I didn’t either when I was there … trust me your hurting some of your clients by not having access to it.
12. What happens when you have a recruit at your same commission level … you 2 are at the same level you get no override …. Doesn’t that make you want to keep people below you {here means from moving up -consult the Rock}… not push them up…..Some companies will still reward you even when you are at the same level 
13. A brand new person starts at 25% ……. They can do all the work (and you know as well as I do … getting a warm referral is most the work … so don’t tell me because you did a flip chart presentation you did most the work) and they only get 25% ….. the RVP get 95% …. So the RVP get 70% of something … they may not have been there for….. doesn’t sound fair … I thought Primerica did what was right “100% of the time”
14. Let’s say Primerica goes out of business (don’t believe it … check out ENRON, ….{mci, Grant’s, Bear Stearns, Adelphia, Newpower, Lehman Bros – consult the Rock} And read the Wall Street Journal article I reference above) ….. your contract and license is with Primerica … what do you then? … because I already explained to you … YOU DON’T OWN IT{!}
15. Do you like paying for POL, Call Atlanta, marketing material, leadership school, and training (hype sessions) …. Most companies give that stuff out free{.}

16. DO YOU LIKE CHARGEBACKS?????!!!!! …. Come on{, SIC} of all things I know you are tired of … we have to agree on chargebacks ….. for those that don’t know what a chargeback is: the agent turns in the paperwork to Primerica and is immediately paid …. But the policy is not issued which means if the client changes their mind, finds something cheaper, does not qualify, drags their feet on blood work, stops paying or for any reason does not get or continue the policy …. Primerica wants their money back ….. which means they take it out of the next check or the next one or the next one which means you are running up an escalator and YOU KNOW IT …. Sorry to give out the dirty little secret but you can not say you like the CHARGEBACK …. Again not all companies get those and NO company gives them out as much as Primerica{.}

17. Most people become disable{d} before they die …. You can’t sell disability insurance or you will be fired … hurting your clients again {.}
18. What about health insurance … again .. try to sell it and you will be fired (by the way … does it make sense that you can be fired from your own business?) 

19. Critical care …. What if you client gets cancer … or do have insurance for that …. Nope …. Fired Again … By the way before you say it …. Most life insurance has accelerated death benefit …. So Primerica not special with that.
20. Make sure you check with Primerica before you do ANYTHING{.}  {I} if they don’t like it they can terminate you (read your IBA) … sounds like a JOB to me .. I’d rather be independent…… the sad part is most don’t know you can be ….  Listen … I wrote this for the person I was before I left Primerica hopefully that person is reading this and just starting to open your eyes a little bit and ask some questions that they didn’t have before…. I don’t hate Primerica … I don’t hate the people in Primerica … but you don’t know everything about the company ….. and I can almost guarantee you didn’t read or understand the IBA you signed. And if you don’t open your eyes and figure it out …. You are going to hurt some people and your{dic} going to hurt your family. Think about it … don’t try to argue with it{,} just read it and find out if everything I said is true …. Don’t believe me READ YOUR IBA. I was you before I found out all of this stuff. The question is  “Once an honest person knows the truth, he/she has 2 choices, continue to be honest and change their current course of action or cease to be an honest person”.  I will gladly talk to you here about it and answer any comments, questions or disagreements you have.
Rocky’s Tip:    to save a lot of souls an awful lot of money:  35 year term should not be taken in to consideration.  Even if you are disabled, et cetera ^, and think that there is no chance for you, you may not even be around 35 years from now.   NOT TO MENTION THE COMPANY ITSELF.   For the overwhelming majority of you, life {death} insurance should NOT be necessary in 15 to 20 years.   You will have something to fall back on.  Your children will be grown.    Arrange for Rocky to give you a seminar of how life{death} insurance companies rob you and what death insurance really is.        “I already feel deceived. I’ve never heard of a legitimate honest job that requires you to put down at least $100 in order to begin working.  That’s ludicrous.  Furthermore, during the presentation, there seemed to be two very strong points in which the gentlemen emphasized:  {m}Money and recruiting. They would go on and on about how much money they made, and the fact that in order to make money, you have to recruit people. 95% of the presentation was spent on these two subjects; the remaining 5% was spent on helping people get out of debt.  Right now, my mind is boggled. I can’t figure out how a company can claim to be an honest company that helps people and does noble deeds while concentrating much of their energy and manpower on greed and dishonesty.  It sounds too good to be true, because it is. Don’t believe everything you hear, fellow people.”  http://primerica.pissedconsumer.com/i-just-got-home-from-a-primerica-presentation-and-20080805130392.html      

3. Written by Another one taken, on 12-07-2008 20:52
My wife went to an “interview” about a medical job {YEAH you apologists are really filled with godliness, aren’t you?   Amway was very deceptive but I do not know of Amway ever stooping so low as to say they are health practitioners, etc!!} that was posted on Craigslist which turned out to be one of these hyped “opportunities” and paid the *** $99 & signed stuffed before reading it or understanding what she was doing. After doing some research I found this forum and I am now pissed off that they would do this. I am not an easy target for scams like this because I always am leary about “get rich quick schemes” that blow smoke up your *** without any real or tangible products or services.  My wife had to cancel her debit card in order to keep from being another victim. Lesson learned.

9. Written by John Garvin, on 07-04-2008 19:08
Last week, the Department of Ins. for the  state of Utah raided the Primerica offices in Salt Lake. The RVP admittied {sic} to investigators that he had committed a fraud.

May be the reason Ripoff Report has ceased publishing exposes and complaints regarding Primerica:

9. Written by Consumer Advocate, on 11-08-2008 13:55   Go check out what the editor of ripoffreport.com said after being PAID by Primerica to become part of his “Consumer Advocate Program”   He will say whatever you want after you PAY him.  http://primerica.pissedconsumer.com/primerica-3a-one-recruit-s-reflection-2c-2yrs-later-20080808130739.html

2. Written by vtch786 aka PFS Truth, on 08-08-2008 15:04  LTM4661:
1st – Please use your own name not my username {.}
2nd – You have been lied to if you were told you can get promoted without selling anything.  {poor Primerica recruits will believe anything.  This is really pitiful.  -consult the Rock}  You have to do $10,000 in life insurance premiums 2 months in a row AND have 6 districts to get promoted to RVP. By the way you don’t give away the life insurance policies, you or your team has to SELL it. After being told you don’t have to sell anything to be promoted by another up standing Primerica agent and now finding out the truth, you are a sucker if you sign that IBA. How many times do I have to say this, I was at Primerica for 3 years, LTM4661 or any other new person, what makes you think you are going to say something that I don’t already know. I am trying to warn you before you sign the IBA.
3rd – When you recruit somebody … do they give those away free too? … NO, you sell them an IBA contract for ($99 down and $25 a month) {yiiiiiiiiiiiiiiiiii !!!!!  OWWW!!!!!  YOU PAY TO GET RAPED!!!!!!!!  -consult the Rock}…. Wake up! Every promotion is based on sales, either IBAs and/or Life Insurance. You are choosing to ignore FACTS and if you sign your IBA after this you deserve exactly what you are going to get.
4th – What McDonald’s can you buy for $10k?  From McDonald’s website: How much does it cost to open a McDonald’s franchise? Total investment: $655,750-$1,225,000
5th – What franchise are you buying at Primerica?  Let’s use your analogy: Would you buy a McDonald’s then be told you have to start working for free at the FRY STATION and ADVERTISING at the same time …. and hopefully, one day, maybe you could own it…. Does that make sense?  Because that is what you are doing a{t} Primerica. Get this straight{:} it is a Multi – Level Marketing company{sic:  pyramid -consult the Rock}.  You have to recruit to be promoted and you have to sell to get promoted.   You will be selling OVERPRICED products to your friends and family and recruiting strangers AT THE MALL, trying to convince them with the same lies you are believing. Sounds like Amway to me … the only difference is you have to get a state licensed first … so you have to wait and make you[r} new upline money first.   {Yep, confirmed true. -consult the Rock}  http://primerica.pissedconsumer.com/primerica-is-deliberately-deceptive-20080806130446.html

Good stuff by:  Written by vtch786, aka PFS Truth, as Primerica apologist stole his name and wrote garbage favoring Primerica!   ‘nuf said!  on 09-05-2008 10:  http://primerica.pissedconsumer.com/primerica-bankrupted-a-friend-he-lost-his-home-20080330116835.html

Primerica apologist blown away;  his lies exposed:  {point #} 13. “Are you sure there are NO Financial Firms that will allow you to work part time AND own and office? …..and … Are you also sure there are NO Financial Firms that will not let you work in another Financial Field and also work for their firm? … and … Are you sure that they “Will require you to drop several thousand (often in the 6-figures) in franchise fees” before you open your office? … Wow … I should really go tell some the independent agents I know that what they are doing every day is IMPOSSIBLE. .. and … I am not sure how I owned an office when I was part-time …. And … I must owe someone a franchise fee … so please let me know who to write that check to.  

Should I stop selling health insurance and disability insurance too? Just because Primerica doesn’t sell it, doesn’t make it non-compliant, it makes PRIMERICA Non-Compliant.
{point# } 14. You have only had 1 chargeback your entire career in Primerica? … that would mean every person that you have ever put an app{lication} in for was always approved, not rated{;}   always accepted the policy and never looked for a lower rate during the underwriting period?  Since you are paid on submission {sic:  commission} that would be close to impossible … you want to change your statement about only 1 chargeback{?}{point # } 15. How can some {one} who preaches about ethics vs money … then say “Eh, its business” when it comes to Interest Rate on a Mortgage.  I can show a person how to pay of {sic} their 30 year mortgage in 12 to 18 years … biweekly without a charge to do it {HA HA HA HA HA} …. With a lower total cost AND give them the lowest interest rate.  Primerica has not cornered the market on that {ha ha ha ha ha} … they are just the only one doing it AND charging a high interest rate. If you think your clients don’t care about 2 interest rates {percentage} points … what ethics do you have? ”
{All RVPs pay close attention:} {point #}17.  As for a new recruit … why not do this:
a. New Recruit says I am interested in getting in to Financial Services.
b. New Recruit pays NOTHING ….
c. New Recruit goes to licensing class FREE …
d. New Recruit goes on training appointments that I set up in MY MARKET from the referral I have made from clients I have saved money for …
e. New Recruit Learns even more and still hasn’t paid anything.
f. Independent Agent Pays for New Recruit to take the test. …… That’s what {sic} done all the time?” {.}  That’s why A.L. Williams owes me and why Primerica owes all their recruits.   I resent you lying to me, Bonnie Dorman.
http://primerica.pissedconsumer.com/primerica-bankrupted-a-friend-he-lost-his-home-20080330116835.html   You may have saved some money “primerica rocks”{,} but if you have a term policy with them, the fact is you could probably have paid half as much for possibly more coverage from a different carrier, and had more to invest. They could have helped you with the refinance too, especially considering that Primerica’s products are by no means special. You just didn’t shop around, and instead took the first piece of advice you came acroos {sic: across}. Best of luck!”
4. “Also how can you not know what it takes to own your Primerica business? You have no way of looking up and verifying the 3% growth  {!!!!!!!!!!!!}-consult the Rock}…. This is your business, you know ALL the ins and outs of Primerica and the Financial Service Field, how can you not get that information … how can I get it and you can’t” 
{ ha haaaaaaaaa!  O ho ho ho ho ho ho ho ho A ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha!}   http://primerica.pissedconsumer.com/primerica-2bjob-opportunity-3drun-20080204112362.html

The author is very knowledgeable.   Cannot find the name of the author on the website:   “A thorough response to “Termites” has been prepared as early as 1988 for a former RVP in the A.L. Williams organization in a published book called “A.L. Williams:  Cult or Crudade? {sic- ROCKY}” The questions asked there are relevent{sic} to today’s PFAs and are the questions that should be asked when one is being coerced to replace their cash value policy or is being recruited to join Primerica, a company that is known for its agents unscrupulous and deceptive practices.
“1. Do you want to buy insurance from a company which guarantees that the insurance you buy this year could cost you $106,000 more by age 65…?”
2. “Do you want to do business with a company [whose agents] openly admit to lying and distortion to sell its programs?”
3. “Do you want to do business with a company [whose agents] state it is more important for them to get the business and biggest earnings than how they got them?”
4. “Do you want to join a company which offers a dream, a job opportunity and an “own your own business ” pitch which is really a [MLM] sales gimmick?”
5. “Would you want to join a company which offers financial independence and yet will not guarantee any earnings, compensation plans or employee benefits?”
6. “Do you want to go to work for a company which encourages you to build your own business, but it requires you to sign 73 pages of contracts which give the company the right to take your business, to terminate you without cause, and to confiscate your past business
earnings?”
7. “Would you like to invest your family’s business future contracting with a company which forces you to sign a contract which allows only the company to change the terms of the contract at any time without justification?”

8. “Do you want to trust your professional future to a company whose contract states your “…appointees (business) and rights to commissions and override commissions (earnings) do not constitute property of the RVP (you) for any purpose nor shall such rights be subject to inheritance…” and that upon your death {A.L. Williams -Primerica -consult the Rock} takes it (your business) — if they don’t take it before? 

 9. “Do you want to work for a company  { and you are.  You are NOT an independent contractor, which is what the conAmerica rep told you!   ROCKY  HTTP://NEXTAXPRO.WORDPRESS.COM  }  which won’t let you sue them in a court of law if they violate their agreement with you or wrong you — but requires you to go to Georgia, under Georgia law, when {while} the company reserves the right to sue or arbitrate?”
These are a few of the questions being asked in 1988, shortly before Weill bought the company from Williams. Little has changed since 1988. If you have read your contract carefully, you will see that most, if not all of the above statements apply to today’s Primerica. I strongly advise anyone considering Primerica as a career or as a vehicle to wealth {grinding poverty -consult the Rock} to find another vehicle.    
http://www.pissedconsumer.com/consumer-reviews/insurance/formerly-a.l.-williams-complaint-%11-insurance-companies-2007030539870.html
   

MORE EXPOSES OF CON AMERICA AND ALL PYRAMID SCHEMES.    BEWARE!   MARY KAY MAY BE A PYRAMID SCHEME AS WELL!   THERE WAS EVEN AT LEAST ONE THAT MARKETED STOCKS AND IT WAS A PYRAMID FRAUD AS WELL!

http://www.sequenceinc.com/fraudfiles/2008/04/the-pyramid-scheme-aspect-of-primerica-financial-services

The Pyramid Scheme Aspect of Primerica Financial Services

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I ran across a blog that did a series examining Primerica Financial Services, a multi-level marketing company that purports to sell financial products. While the company does offer life insurance, investments, and other financial products, like a typical MLM… they’re really out there selling the opportunity. The name of the game is endless recruiting.

The Financial Blogger did several nice posts about the company, but this explanation of the pyramid scheme aspect of Primerica was exceptional:

Is it a pyramidal scheme? In legal terms, the answer is no. However, it does not mean that because it is legal that the company’ structure is not shape like a pyramid. Everybody is making a cut on the people below them; it goes up to four level. I think this is clear that the guy on the top makes the big bucks. They will answer that every company is like that as the President and the VP’s are in the driver’ seat and the other employees are left with nothing. It is right also.

However, they do not explain why they are able to give a commission to four people for the same sale. The answer is pretty easy: they have to cut down the commission compared to the regular industry. As an example, if a life insurance of 100K would provide another agent with $1,500 in commission, a Primerica advisor at the lowest level will earn $900, then his recruiter will receive $300, the recruiter’s recruiter will get $200 and finally the guy who put all of them together will earn $100.

So for those who are in to sell, Primerica is definitely not the right place to be. “Yeah, but you could build a team and create your own business”, I guess they forgot that the best sellers on earth are not necessarily interested in building a team compared to earning the big bucks right away. The main problem I see with this approach is that you have to convince individual to work hard for less that they could earn only because they have the option of building a team a earn extra commission on somebody else’s work. In fact, if everybody concentrates on recruiting individuals, who will make the sales? You may have a hundred people below you, if nobody sales, it still makes 0$ in your pocket.

Check out the blogger’s whole series on Primerica. Date 26 April 2008

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154 thoughts on “The Pyramid Scheme Aspect of Primerica Financial Services”

    1. DeborahI would like to offer a rebuttal to the previous post(s).  { no posts were posted when she gave this!!!!!   I’ve run in to this rodent cementhead posts elsewhere.   To call them posts is an INSULT to our intelligence!!     http://800notes.com/Phone.aspx/1-203-651-0018/5

       { COMMON SENSE.   AND I CAN READ -ROCKY }   same old Deborah.   Offering “rebuttals” to the first one posted.   If conAmerica is go great, why are you so scared???!!   Because you DON’T WANT THE PUBLIC TO KNOW THAT CON AMERICA IS A BOILER ROOM, FRAUD, PIRATE PYRAMID SCHEME  AND YOU WON’T MAKE ANY COMMISSIONS!!!   THERE IS GREATER THAN 99.5 CHANCE YOU WILL NOT ANYWAY!!!   If conAmerica is go great, why not pay me for my lost time, inflation factor, interest, penalty;   being ripped off, not having a protected territory which resulted in numerous lost sales, et cetera?   WHY defend in indefensible?    My exposes are well documented and you and all the others only LIE and defame.   You have no concrete proof so you slander, lie and attack those who tell the truth.   Furthermore, and this has not been pointed out, if con America is so great and you make all these millions and hundreds of millions, why not take over milico and YOU PAY OUT THE CLAIMS WITHIN 3 HOURS, instead of the usual 6 weeks, if the claim is paid AT ALL????   https://nextaxpro.wordpress.com 

      https://wordpress.com/post/nextaxpro.wordpress.com/6

      When you are approached about an organization that you suspect might be a pyramid scheme or MLM scam, utilize websites such as MLM watch or Quackwatch and see what others are saying. Ask critical questions like – Does the money I would be earning come from the sale of the products/services or from getting recruits? Would I be required to purchase *pricey* training materials or company products? Would I be expected (pressured) to attend events where an admission fee is charged? If yes, that could indicate the money is generated by recruiting or those “training” materials or workshops, and not from the products and services. I asked myself these questions prior to making the decision to join Primerica and i’m glad I signed up because my experience has been very positive.

      Primerica is in the business of financial education and debt elimination, aimed at the under-served middle income market. An individual can make a decent supplementary income, even on a part-time basis, without recruiting anyone. And the clients are often in dire need of the products and services we (licensed agents) are educating them about.

      Going with the aforementioned life insurance example, those commissions are possible because that is a one-time payment based on the annual premium of that policy. If a person “recruits’ you into Primerica, they are instrumental in your training and development, so yes, they do have a vested interest in your success. {  LIE!  -ROCKY } There is no bonus or pay incentive to sign people up that won’t invest the time and energy it takes to get licensed/ trained (AND most, if not all, fees associated with obtaining the license of your state are reimbursable) so the “name of the game” is not endless recruiting.

      If one has an entrepreneurial mindset and wants to build a team and run an office – that is an option as well.

    1. Tracy Coenen

      Primerica is not in the business of financial education. It’s in the business of recruiting.

      The under-served middle income market is far better off doing business with a real insurance agency or a real mortgage broker. The products Primerica sells are overpriced, and their main goal is recruiting you!

      It is next to impossible to make a real living in MLM schemes like Primerica without recruiting. Why? Because the full commission you’d be paid if you worked for a REAL insurance agency is instead split among many levels of the Primerica pyramid. You make less so the rest of the pyramid can make more.

      If you want to sell financial products, stay away from the MLMs.   You can do much better elsewhere.

      19 May 2008 at 3:13 pm 

    1. PRIMERICA MILICO CITIGROUP A.L.WILLIAMS PAY ME WHAT THOU OWEST Bonnie Doorman, RVP, AL Williams, whom I had met previously when she was marketing Huff Cook, talked to me about a company that “offered a great opportunity through life insurance sales and asset repositioning”. Further, I could work part time and keep my present employ if I desired. Enthused, I worked over 80 hours/week; put in time with the company. Then, within 90 days, Bonnie Dorman, RVP, demanded I surrender my Bureau of Insurance license because I didn’t meet quotas!! THAT’S RAPE!! Deceit in light of the above. It’s their sin; they can’t demand the license because it is false pretenses. It is a fraud. I worked for it; I studied for it. Why should it only be an SCC license that can only be used to sell AL Williams – Primerica products? It is a fraud; a sham. I had the same examination. I had to study just as hard as my competition to receive my license to sell life insurance.

      Bonnie Dorman, rVp said you only have to work part-time and can make a lot of money. They lied; they smeared other firms that have protected territories. One needs a protected territory. I would have easily sold 4-12 replacement policies but no protected territory. So another rep had already sold. So you can see from the above I’m still waiting for a fair remuneration for what I would have sold and Art Williams – Primerica can pay me for the time I put in. They haven’t given me anything yet, therefore, there has to be a penalty for what they did in order to discourage further rapes. I wasted a total of 7 months going to the meetings, the class, studying and scouring the supposedly limitless field of “every person you meet is a sale”.

      In addition, old AL Williams reps they find me every few years. A quote that I can very well relate to: “I was never told how my name was referred to them”. They say they are headhunters. They are leeches; steal your leads; find your family and friends and attempt to rape you again. They’re just looking for whom they consider to be suckers. I always have to tell them I am still waitng for my money. Not only has ALWilliams not made restitution; he has made an offer of stock in an effort to take away the injury done to me. No remorse, no offer to pay for the expenses to get my life insurance license back that was stolen – nothing AL Williams-Citigroup-Primerica lies and lies and lies. Here is what I found out while I was slaving for A L Williams:
      – 80 fee to go to their seminars!! The RVP’s told us it was a great deal!! All the other life insurance companies give their training for no charge AND they pay for your accommodations.
      – I started finding insurance policies that were cheaper! A L Williams RVP’s told me I was selling the cheapest. Really began to be disturbed over that.
      One of the reasons Bonnie Dorman was able to talk me in to the business was the “fact” that A.L. Williams policies were the cheapest and the riders made them cheaper yet.
      – No reimbursement for my travel expenses.
      – A sales rep is a rag that they can throw out! They tell you you are going to be wallowing in moola! The RVPs don’t help you; I never, ever was introduced to a RSD or SRSD and they throw you away so they can exploit another one and steal his/her leads!!!
      – I started hearing “that person’s not even a potential client”. When Bonnie Dorman talked me in to getting in to the business, every one was a potential sale. “Just start a list”.
      – I began running in to people who wanted to buy from me but they had already bought from another guy who didn’t even work in the same state that I was working in. My eyes finally began to open and it began to sink in that an agent needs a protected territory.
      – You know it is so: when you go in to business, you don’t recruit other businesses. You stay right there and build your business up wherever you are. You get the help you need. If you start a branch business, or a separate enterprise, you get the help you need. You don’t tell them to pyramid on, for those new recruits to pyramid on, and on until you have exceed the entire population of the world!! Those RVPs and SRVPs know that. Those recruits are customers!

      AL Williams-Citigroup-Primerica still owe innumerable commissions plus interest and penalty because they stole my license after 3 months. They never
      forced Bonnie Dorman to admit she was wrong and to return my license to sell. That license was only good to sell MILICO products. That’s a conspiracy in restraint of trade!! The license granted by the govt body was good for 2 years. AL Williams deliberately made up the 90 days and I had to pay my expenses on top of it to pass the exam and get my license! What a fleecing!
      AL Williams takes away your license without any remorse! It caused me impoverishment and upwards of 99.5% of the other PFS reps wind up impoverished because of the abomination. It is nothing but multi-level marketing. Only those at the top make money: those at the bottom give their time and energy to those at the top. And they charged me for the classes. And I had to pay everything out of my pocket. Neither Bonnie Dorman nor any of other RVP’s, District or Regional Leaders told me that all the other life insurance cos give you training out of their own pocket. They help their reps. It took over a year for me to recover from all the uncompensated work time and expenditures.

      http://nextaxpro.spaces.live.com/

      All right. A fair restitution:
      1. You can’t get around base pay. If you supposedly are going to make this fortune selling “buy term and invest the difference in mutual funds”, “the 72 rule”, etc, they have no problem giving at least $500/week so you can survive; more in high cost of living areas. That’s not unreasonable. As aforementioned,
      if the reps did well on the Bureau of insurance examination, and I scored 87 out of 95 total, that’s not unreasonable. They recruited us and told us we were would swimming in dough working part-time!!

      2. Honest disclosure about the commission structure. We’re still trying to find out what it truly is!! Art Williams got around one lawsuit because Alabama {then} had only a one year Statute of Limitations for plaintiff action.

      3. Fair remuneration for selling the policy. Primerica can’t pound and pound that ludicrous “higher cost first year, lower later” because the reps don’t get paid commission in subsequent years. That’s laughing in the agent’s face! That’s an admission that they treat their reps very badly. AL Williams- Citigroup – Primerica owes me for the renewals.

      4. I put seven months of my time in to that scheme, overall. Should I hold my breath that Primerica will pay me fair remuneration for all the mental stress and impoverishment that multi-level marketing causes? Paying compensatory damages to me is not unreasonable, especially since there should be penalty as AL Williams never paid me a dollar. With no disclosure of the commission structure, how do I know I was actually paid an agreed upon stipend?

      5. Fair reimbursement plus interest for my travel expenses to take the course. That’s not unreasonable. I obtained the license required by the state governmental body and passed their test with a high grade. Reimbursement for my travel expenses to obtain the license and stay at a motel. That’s not unreasonable. AL Williams, Inc, forced me to give up the license that I earned! No argument of sincerity can be made by AL WIlliams, Bonnie Dorman or any of the RVP’s. They want those leads and will be very swift to steal them from you. When you franchise a store, if you’re smart, you check the contract for a fair evaluation of what the franchisor contributed to the good will and growth of the business. AL Williams staff and lawyers knew and Primerica knows about clauses like that. I was so young and am really surprised at the number of potential clients I visited and the enthusiasm I had and how I helped the image of that company. I was rewarded with termination and theft of my time. That’s theft of services! That’s theft of promised commissions!! I gave them my time. AL Williams and his people are thieves! Never again will it be done to me.

      6. A fair evaluation and restitution for sales missed when forced to surrender the license I had studied for and earned. That means they owe me for the
      bonuses I would have made as well as the sales I lost, not only in the valid period of the license, but in subsequent periods; volume build up; more sales, bonuses, etc! After 7 months with absolute minimal income, I was impoverished and forced to take job so I could get back on my feet. Multi-
      level marketing impoverishes workers! Hundreds of thousands of others have been raped, also, worldwide.

      7. The theft by AL Williams means lack of credentials for the next insurance place. The sin of A L Williams. Once again, you must have a protected territory. Reimbursement for travel expenses; fair restitution for my time to unnecessarily have to restudy for the examination. Boy, does AL Wiliams-Primerica-Citigroup screw people!! Taking away your license when no laws nor ethics were broken by the agent is an abomination!!! Art Williams, Bonnie
      Dorman, Primerica-Citigroup who bought them out [hence bought their debts] and the rest of them should be thankful I’m not asking for compensatory and punitive damage awards! Boy, do they fleece you! A lot of time and energy for what? To be used and thrown away so they can get your leads!! Aha!! Know you know why AL Williams and all the RVP’s ordered you NOT to make the sale on the first visit! Why? After 3 months, they will steal their license to sell, which is not even rightfully theirs!!! I studied for the test, put out by the state regulator, not by AL Williams; not by MILICO; not by Primerica: not by Citigroup. What a corrupt outfit! You can’t even recover unless you take the courses; then the examination all over again!!

      They owe for the mental stress!! Those sales District and Regional Leaders really have their nerve in demanding that you surrender the license when you have committed no legal, propriety, moral nor ethics violations.

      8. License was good for 2 years. Out and out fraud and nefarious extortion to only allow a license to sell insurance and securities through AL Williams!! That really takes nerve. whom do they think they are? God Almighty? The intent is to issue a license to sell life insurance and securities for yourself or for any firm. To limit to AL Williams is tantamount to threats, lies, deception, unfair restraint of trade and extortion. AL Williams violated the Sherman anti-trust Act without even telling us!!! Has Primerica turned from such reprobate shenanagans? Citigroup-Primerica must agree to pay for the remaining 21 months of lost revenue as a result of the illegal seizure of the license to sell life insurance. That’s generous: AL Williams does not have to pay punitive damages and AL Williams doesn’t have to pay compensatory damages for a minimum of 7 years.

      What?! Ripoff Report states this? To the editors of Ripoff Report: Primerica is willing to make amends? They bought AL Williams, stock symbol ALW. When you buy an outfit, you buy the debts. Let’s see proof. A.L. Williams “headhunters” know I worked there, even if Bonnie Dorman were to attempt to deny it. “Not everyone is a sales person {they recruited you, hence you are} – not every one is made for every business and your success depends entirely on the effort you put into it, but, the investment involved is very minimal in light of the training and licensing that it pays for – all this talk about $199
      being a rip-off. I guess people are wondering ‘why do I have to pay to start a job? ‘ But Primerica isn’t a JOB, You’re starting a business; {you’re starting a business when you go to work for all the others and the company pays -consult the Rock} how many other businesses can you start for less than $200 {unlimited, esp now. It’s called the internet}? Life insurance pre-licensing education is provided at no additional cost to you.” {ha ha ha ha ha ha ha ha ha. Primerica lied to you!!! Documented by other threads, also. We are NOT bearing false witness. That leads one to question the whole scope of the investigation put out by the staff of Ripoff Report. How deep was the investigation? I’ve spoken with thousands of life insurance agents, including former AL Williams agents, and they all know that AL Williams charged $80 for the pre-licensing seminar. No additional costs? Even then, it was more than $200 as I have documented.

      A.L.Williams recruiters wanted me to buy a policy! What!! When I go to work for a company, I get their product for free or at employee discount rates. When I go to work for an insurance company, I get the policy for free. Buy an overpriced policy to help National Sales Directors and Senior National Sales Directors. What deception! What dishonesty!

      Ripoff Report said “recruit” in their ” Rip-off Report Investigation: Primerica`. “It should be noted that as an independent contractor, the compensation of a Primerica agent consists of commissions and bonuses earned upon the sale of a product, either directly or by an override commission GENERATED BY OTHER AGENTS {emphasis mine} recruited into his or her ‘hierarchy’. ”
      Not my words, his. Some have not seen through multi-level marketing. “But you should know, that your results are going to equal to your efforts.”
      That is NOT so in multi-level marketing, even in a local economy on the upswing. Here is the best explanation I have seen to date. There are probably less wordy ones, but this is worthy of very careful, thorough study. Primerica IS IS IS a mutli-level marketing company.
      http://www.frauddiscovery.net/Herbalife/WallStreetFooled.pdf
      It’s the same A.L. Williams hash refrigerated and microwaved up: “Primerica was been and is under investigation by the SEC, FTC and numerous other governmental bodies.
      Listing of investigations and litigations can be found SEC’s and other sites –>
      http://www.sec.gov/cgi-bin/txt-srch-sec?text=Primerica&mode=&start=&count=§ion=Litigation&sort=rank
      If you just do a goggle or Yahoo search on ‘Primerica fraud’ you will get hundreds of hits explaining lawsuits, Primerica’s deceptive tactics and
      testimonials of people defrauded. Most concerning of all though is that members of Primerica during company’s presentations and speeches yell out ‘Amen’ and ‘Hallelujah’ (my husband admitted hearing this too) and insist upon Primerica being a ‘Christian’ organization.” {an agent with AL Williams told me that many reps are pastors. It’s easy to believe you need “supplemental income” when you were not called and are not trusting the LORD for your support – consult the Rock}.

      Think Primerica is sincere? Before publishing “Rip-off Report Investigation: Primerica pledges to resolve complaints & address any inquiries from the past, present and in the future. Commitment to Rip-off Report Corporate Advocacy Business Remediation & Customer Satisfaction Program. Primerica commitment to customer & agent satisfaction. After interviewing executives from Primerica, it is clear that they are dedicated to helping their agents and clients achieve complete satisfaction and will not allow a legitimate complaint to go unresolved”, Ripoff Report has to acknowledge that You can’t get around base pay and that the average commissions for a Primerica agent is 2000 and it goes in to a DEFICIT if only 1.5% of the RVPs, RVPs and SRVPs make 7 figure commissions and overrides { and possible kickbacks from chargebacks on their reps!!}. If it’s not multi-level marketing, why no base? Any company that pays only sales commissions without binding promises of preferred stock, stock, warrants – some future reward for work performed – is a slave master. An honest day’s pay for an honest day’s work. Be up front. Bill Gates was. He asked the workers to accept shares of stock. Those who did not want his promises could walk away. Primerica pressures you to stay with threats of no refund of your 199 and the usury regarding the loans. Bill Gates backed up his promises. He did not vomit empty, lying promises of riches. He backed
      his promises up. That’s what A L Williams needed to do and did not. That’s what Primerica needs to do and has not, to date.

      9. Confession by Primerica if they did the same that Art Williams did to those who spent money, time and energy to obtain their brokers license. Does Primerica refund your $199? May be sometimes, but then again, Primerica will at times say that you have a “chargeback”. Primerica “loans” you money, whether you want a loan or not! Chargebacks is really deceitful. AL Williams only allowed their agent to receive a commission for one year, and the client pays a year in advance. In what circumstance could there be a chargeback??
      In other words, if the SRVP and RVP do not get their slice off of the agent – even after he is gone {!!!!!!} – they want to still make you pay!!!   And to make sure you DO pay, they “loan” you “insurance money” in the event of a chargeback!! Nifty, isn’t it?   Total evil. Tell it like it really is. Be sure your sin will find you out.  
      It’ll find you out.     It’s found a lot of multi-level marketers of swampland out. And their sin will find the rest of those boiler room shysters out. In fairness to ripoffreport, even stock, mutual fund analysts and institutionals do not know the inevitable law of rapidly diminishing returns involved in multi-level
      marketing. We will just ask Ripoff Report to read and pore over this daily for a month, then at least once a week for the next year. It is extremely important. Revealing information, even great revealing information, becomes dated. More, better explained exposes will come. Keep your eyes open. Ever alert, never hurt:
      To pay for a background report made me laugh myself sick. They want suckers, even hardened criminals, so long as they don’t do their mischief selling for Primerica! Anybody can get on as an “independent con”! What’s the background investigation for?! What if I had bought the policy? Would I have gotten my money back?? I once heard that that A.L. Williams went to jail on fraud charges. Why is it that you can obtain no info on this on the internet? Supposedly AL Williams is an open book. Fine. Tell us precisely what you were doing beginning around 1963 and what you’ve been doing all along. A Primerica MLM becomes so brainwashed, he never questions anything. Art L. Williams never came to see any rep and he never called for meetings. He can afford to pay the expenses.

      http://www.frauddiscovery.net/Herbalife/WallStreetFooled.pdf
      http://nextaxpro.spaces.live.com

    1. daisy espinoza

      i recently joined primerica but wondering if what they say is true and also yeah is true i been in six family homes and not sold nothing and all that time in training and gas that is coming from my pocket someone write back

      5 June 2008 at 6:58 pm

    1. TrinityExile

      A bargain     {  THEN PAY ME FOR THAT “BARGAIN” THAT THEY GAVE MANY, MANY INCLUDING I } Part of what they say is true.   { NOT REALLY – ROCKY }  Yes, if your “customers” are disciplined enough over 30 years they can invest money in a mediocre account managed by Citigroup paid employees and be covered with term insurance. You initially will make a few hundred dollars which is like the bone thrown at a dog salivating.

      However, you will have paid through the nose for licensing, gas, meals, and trips to various “trainings” which will eventually leave you with more questions than answers. Once your sphere of influence has been tapped you will be forced to cold calling with a host of slights, techniques and hours of hang ups. Very rarely does a RVP or upline give out sources. Even when they do it is a few here and there to earn your trust to get to your sphere of influence. I made $100 in the heat of the moment coming up with 100 names of people I knew that was faxed to a Senior person in Florida (former baseball player.) Don’t put any personal contact information in the FNA computer. They also scam by taking that list. Really look at the people and where they live. There was a soon to be RVP in Mark Williams office that lived in a run down apartment. Clearly she wasn’t making the money claimed (or in the way.) Be aware of people calling back and being stolen out from under you as a guise to help out your upline. That was a real experience as well.

      My husband worked with a sweet gal that introduced us to the RVP of the upline she submitted… er, sucombed to. She knew a lot of information about our family life which she told to this guy so he could better field our questions and make comments that fit our personality profiling. In fact, we once went to a seminar training called STAR which totally was about profiling customers to make sales. (Do you still believe in the idealism of helping others?)

      Well, we eventually changed over the term life to a cheaper institution when we dumped out of Primerica. We sold our home to pay off the second mortgage financed through them. We ate about $8,000 in expenses, fees and trying to prove we were worth the attention of the RVP or whomever willing to help us make sales and “build” our “business.” I paid for daycare so I would go to the office to learn from these people… all I ever learned was that they BS a lot and hand you an alumni book to create sales. Don’t be surprised if they guilt you into using your contacts as a test of trusting them.

      I think what people don’t talk about is the level of depression and humiliation left after these people have raped your dignity. Everyone eventually learns this is too good to be true somewhere down the line. It can happen right away or take 6 months or even a year depending on how emotionally attached you get to the “personal improvement” program.

      Your reputation is tainted with family and friends depending on how aggressive and unprofessional the upline is with “training.”

      Our friend lost her home and even her relationship over Primerica. The house of cards is often stacked on building a business and as it doesn’t pan out people find themselves in a jam with all the refinancing. I experienced serious problems with lacking care in budgeting and helping people live within their means. I experienced people being told you have to come work with us there is no way out … only later to realize how horribly worse off they were going to be.

      You need to look clearly. We went to a picnic of a Senior position in the Cleveland area. I couldn’t understand why the inside of the house had 1970’s decor including a wall radio. It’s because they inflate the numbers on how they exaggerate “income.” It’s usually over a period of time, based on gross sales without chargebacks or business expenses. Even the RVP’s home, car and family circumstances caused me to realize… I was being scammed by him.

      It’s a strange little world where a guy with 3 daughters who “loves god” and goes to church does such horrible things. But that is the false sense of security that just because someone says prayers, quotes the bible and attends a church means… what? They are not corrupt?

      Citigroup is corrupt as many in corporate America. IT’s a fact of life. IF you don’t have personal integrity or a conscience and are desperate to rape people without knowledge of what you are doing or don’t care then you can make it with a lot of intense hard work. But you better have a great reputation and be able to sell out those around you and their “circle of influence.” Remember, you are not in it to make friends but to make money. And the only way to become affluent is to screw a whole lot of people fast before they know it and move on.

      Thick as thieves many of them are. You don’t have to feel bad for being gullible in a weakened or hopeful state. You can learn and be stronger in the end for all the manipulation they put you through and cost you. After all, you will learn about yourself, your character and if winning is more important than doing the right thing.

      Trisha 🙂

    1. Elisa

      Just a quick note: These are all very sad stories. I attended one of the Primerica recruitment classes in 2004 hosted by Luke Lorenz in State College, PA.   He tried to be convincing, but it was clear within minutes that it was a “multi-level marketing” pyramid (legal, but still a non-sustaining plan for business that hurts a great many participants–investors and the poor new employees who work on commission and don’t enjoy a living wage). I mentioned to Luke that that’s what was going on, and he pretended to be oblivious to that fact. Or was he really that stupid? I don’t know. Best to steer clear of Primerica altogether (investors and potential “employees.”)

    1. It’s a pyramid scheme. It cannot be any different.   It’s etched in stone and cannot be changed. It is rock-ribbed, incontrovertible fact. Name one person who hasn’t heard of Amway.   Very soon, it will be the same way for Primerica, herbalife, Malaleuca, For U, Market America, EVEN IF THEY CHANGE THEIR NAMES . If you start at one as the first step, after ONLY THIRTEEN (13) STEPS you will have more than the entire populaiton of the planet if one recruits six, those six recruit, six, those 36 recruit six, on to the thirteenth plateau, BELIEVE IT OR NOT. That’s why AL Williams – Primerica employees cannot recruit anyone, nor make any sales. Their family and friends avoid them. Multi-level marketing { actually pyramids, face it} nefarious boiler room operations need to be forced to make monetary restituiton as well as mental stress, emotional isolation and humiliation restitution.   The bill AL Williams- Primerca owes would stagger you.   The human mind cannot take such an enormous figure in.

      The proof is in the puddin’, as the wise old saying goes. “Deborah” typed a “rebuttal” FIRST, BEFORE any one posted on the pyramid, cheating, fraudstar, illegal Primerica. What are you frightened of, Deborah? Hmmm? Put your money where you mouth is and make restitution for those whom have never restituted their victims. Restitute first, post later.

      Try starting a Primerica in China. It won’t be allowed, and you know it’s so. Amway cannot do any recruiting, i.e pyramiding. If they do, China will run that SIN-sicko scamster outfit out. It’s time those responsible are tried and hanged. I say that because pyramiding is allowed in the United States. Those taking bribes; those responsible for government regulators not taking down Primerica, Market America, etc, are to tried, convicted and forced to make restitution to the victims. I, as well as over TWO BILLION victims all over the world, await our fair and just restitution.
      http://360.yahoo.com/mgtenter95
      http://nextaxpro.spaces.live.com

    1. Shantell Harvey

      How lucky am I to come across this websit! And to think, I have an interview with them tomorrow. So blessed to be able to look up the potential companies
      that want to employ me. I thank you, you all have been a great help.

    1. ted

      So I, like many recent grads, am on the job search- have been for 4 months now. Out of the blue, James Panos, a higher up w/ primerica, contacts me about a potential job offer.

      I went there two days later and listened to him talk and talk about making tons of money, about having an effortless future, etc. I thought it was all a bunch of shit from the very beginning.

      I knew this was so the second he said “Ted, you would be perfect for this job. I’m not trying to MANUFACTURE THIS CONVERSATION or anything, but you have the ability to talk to people….” He must have said manufacturing the conversation 15 times within an hour.

      How dumb do you think I am? You are indeed manufacturing a conversation, lying to my face and wanting to rape me. Why should I pay 100$ so you can do a background check? What kind of company finds people out of the blue- without applying, etc….??

      Stay away!

    1. K. Fleming

      It’s great to know this information before my meeting next week…..I can’t wait to bust these crooks in front of everyone else there. YIPPEEEE

    1. nick

      i {  LEARN GRAMMAR, SPELLING AND CAPITALIZATION } myself like the company i have learned alot about money and can say i will be debat free in 5 months any other company with charged you an arm and a leg for them to teach you about money. you all that hate the company, you just did not work at it as you have to at any other dum job you all have.   { YOU’RE A LIAR!    YOU DO NO PAY FOR TRAINING WITH REPUTABLE COMPANIES!    { COMMON SENSE.   AND I CAN READ -ROCKY }   same old Deborah.   Offering “rebuttals” to the first one posted.   If conAmerica is go great, why are you so scared?   Because you DON’T WANT THE PUBLIC TO KNOW THAT CON AMERICA IS A BOILER ROOM, FRAUD, PIRATE PYRAMID SCHEME!!!   If conAmerica is go great, why not pay me for my lost time, inflation factor, interest, penalty;   being ripped off, not having a protected territory which resulted in numerous lost sales, et cetera?   WHY defend in indefensible?    My exposes are well documented and you and all the others only defame.  You have no concrete proof so you slander, lie and attack those who tell the truth.   furthermore, and this has not been pointed out, if con America is so great and you make all these millions and hundreds of millions, why not take over milico and YOU PAY OUT THE CLAIMS WITHIN 3 HOURS, instead of the usual 6 weeks, if the claim is paid AT ALL????   https://nextaxpro.wordpress.com 

    1. Karina

      WOW!,and I had an interview set up for tomorrow; I guess I have to call and “cancel”. I’m glad I did my homework!!! Thnx.

    1. Kenny

      Wow.. its very funny to hear what people say about Primerica.
      1. Why do companies have job fairs? to recruit, right.
      2. Why are there so many ARM loans that are about to get forclosed? mmmmmm someone mislead someone and it wasnt Primerica.
      3. Lets see. Every Corporation has a CEO, who makes all the money. and people under them, who dont make as much. Am I right or wrong?
      4. PRIMERICA IS NOT A JOB. PLEASE UNDERSTAND THAT. IT IS WHAT YOU MAKE IT. NOT A JOB.

      Primerica’s life insurance underwriter Primerica Life Insurance Company and its New York subsidiary National Benefit Life are rated A+ as “Superior” by A. M. Best as of May 2008.[20] Standard & Poor’s has the company rated AA as “Very Strong.”[21] The Insurance Marketplace Standards Association, a non-profit organization based out of Bethesda, MD with the intent to create ethical standards for the insurance industry, has renewed qualification for Primerica Life and National Benefit Life for high standards and quality business, “continuing dedication to ethical business practices.”[22]

      In 2007, Primerica received its fourth Dalbar Service Award from Dalbar, Inc., a client service rating organization focused on raising the standards of customer satisfaction and quality in the financial services industry, for Primerica’s excellent customer service in mutual funds.[23]   {EXCELLENT SERVICE??!   SERVICE AWARD???    FROM WHOM?   RIPOFF REPORT?   HITLERY?  OBOLA?   HITLERY’S HUSBAND?  }

      Bruce Sankin, an investment counselor, consumer advocate, and columnist,[24] wrote in his 2005 book What All Stock & Mutual Fund Investors Should Know! of the Financial Needs Analysis that Primerica provides to its customers:

      A good financial analysis will give you a “Game Plan” on how to attain your financial goal. Many companies offer financial analysis. A financial analysis will cost between a few hundred dollars to as high as a few thousand dollars. One company, Primerica Financial Services, which is a division of Citigroup, offers the best value for a professional financial analysis. Primerica, which creates a custom design financial report, does not charge a monetary fee for this service. Their marketing approach is, if you are satisfied with the service provided in the creation of their financial analysis, they ask for referrals as their fee.[25]

      George Boelcke, a financial consultant,[26] wrote in an article in the American Chronicle:[27]

      Yet there is a huge company, Primerica Financial Services, a division of Citigroup, that has made vast numbers of refinance mortgage loans through a product they call SMART. NONE of these are adjustable rate mortgages. Read that again: Primerica has never originated any ARMs with their refinance products (done through Citicorp Trust Bank). Their clients are watching the mortgage crisis from the sidelines and the safely of a fixed-rate term and consolidation, thinking: “that could have been me in a foreclosure…” Because they refuse to do false, misleading, or gimmick advertising, they need to work harder to make themselves known, in spite of doing the right thing, in the right way, all the time? How sad that credibility can so often be bought by simple advertising. But if you´re looking for a second opinion, some options, or perhaps a way out, it might be worth your time to get in touch with them.   Citigroup has been attempting to divest the pyramid scheme con America for over a decade.   same old Deborah.   Offering “rebuttals” to the first one posted.   If conAmerica is go great, why are you so scared?   Because you DON’T WANT THE PUBLIC TO KNOW THAT CON AMERICA IS A BOILER ROOM, FRAUD, PIRATE PYRAMID SCHEME!!!   If conAmerica is go great, why not pay me for my lost time, inflation factor, interest, penalty;   being ripped off, not having a protected territory which resulted in numerous lost sales, et cetera?   WHY defend in indefensible?    My exposes are well documented and you and all the others only defame.  You have no concrete proof so you slander, lie and attack those who tell the truth.   furthermore, and this has not been pointed out, if con America is so great and you make all these millions and hundreds of millions, why not take over milico and YOU PAY OUT THE CLAIMS WITHIN 3 HOURS, instead of the usual 6 weeks, if the claim is paid AT ALL????   https://nextaxpro.wordpress.com

    1. andy

      I just sat through a 2 hour presentation that was supposed to be a training sesssion for my friends ” new job”. I knew something wasn’t right when the trainer was offering us a job and term life insurance.

    1. Thou shalt not bear false witness,   Kenny. You lied!! Primerica IS a pyramid scheme. Primerica, with their interest only loans, must bear partial responsibility for the current meltdown of the real estate and banking industry{not international bankers}.
      At Primerica pyramid, it is recruit, recruit, recruit to the point that every one knows about the Primerica fraud abomination, just as everyone knows about Market America, Herbalife, Quixtar nee Amway and Mary Kay – all illegal scam pyramid schemes.
      Who is A. M. Best? May be you mean sardonically “I M Best”. Prove that the Primerica abomination [not even a company] is rated A+ ! Does it mean anything? How so? prove it.
      SOLVE THIS LIGHT PROBLEM:   those who want to bear false witness by complimenting fraud, scam, skim, lottery rip off, flim-flam, fleecing, fakir, lying, deceitful, elixir merchandising pyramid nefarious scheme unscrupulous con America will pay 15000 for every lie that they post. Charge the tramps and bums admission – they won’t come. THIS THREAD is for customer complaints, exposes and consumer essays to shed light on the con men; the shysters and the sharks to watch out for: such as spurious, flattering you with impossible to make money pyramid schemes. PROVIDED you can read, read the title of this website. You KNOW what this website is for! The proceeds would be used to aid the millions of victims and their families that you have sucked the life savings out of. Believe me, some victims have poured as much as 100K, 200K, 300K, 400K, 500K or even more in to something that is DOOMED TO FAIL. A pyramid Ponzi scheme WILL inevitably collapse of its own weight.

      “And I will also say that I’d love for Primerica to publish a book listing all the people who make poverty level earnings.” And I won’t hold my breath awaiting publication. This website wasn’t designed to promote fraud! It was designed to expose and help eliminate fraud! YOU read and AGREED to the “Pissed Consumer Terms of Service”!!!! Your excuse that you went to public school and cannot read will never fly. IGNORANCE IS NEVER AN EXCUSE TO BREAK THE LAW!! READ THE OLD TESTAMENT; in particular the Penteteuch. You dig? Comprendes? Thank you very much!

      “This is a deadly business model in which you are doomed to fail,” says Robert Fitzpatrick, president of Pyramid Scheme Alert, an Internet-based watchdog group located in Charlotte, North Carolina. “There’s a ninety-nine percent loss rate” —meaning the vast majority of people who start MLM businesses end up losing money. “You’d have a better chance betting your life savings on a game of blackjack in Vegas than you would putting it all into a multi-level marketing home business.” {Ooouch!!!! That hurts!!!!!}

    1.  

      Guess what? I was a Primerica agent and left. Why? Not for the reasons you may believe. I am not a whole life agent and do not push products that are not right for my clients. I left because Primerica does not have the best products for my clients. There is no way you can argue that their life product (singulur because the only have one product for all clients) is not over-prices. It is! You can find dozens of carriers to provide coverage for much less. AIG, American General, ING, Genworth, Banner Life, etc. all are much less expensive and have better clauses within the policies.

      Did you know Primerica has permanent products? They do. Your RVP will not admit this but they do have them. I have a copy of a permanent policy by PFS. It came as a result of a conversion from an old client. Read a policy and you will see the limited conversion clause they have for permanent insurance. In my case I replaced their garbage permanent insurance for one that was 48% less.

      Does one product fit everyone? Nope. There are different products because there are different needs. Sure there are the likes of WFG, WMA and other organizations that steer folks to high commission products, but that is not always the case Primerica folks. There are cases where Universal and other permanent policies are proper. Say for estate preservation or for older folks. Wake up and see that Primerica is not doing “What is right 100% of the time.” How can you make a statement when there are better products for less monety?

      Also, PFS is about recruiting. You start at 25% commission which is pitifull compared to any regular insurance company. The only way to succeed is to recruit and get promoted. Without recruiting you stay at the same level regardless if you sell hundreds of policies. Does this seem fair to those who want extra income without building a team? I left Primerica for a non-captive brokerage and started at 80%. That was in 2001 and now I am at 110% commission and have a large national team. Nearly everyone I knew at Primerica when I joined quit because they were frustrated. The few still there are still striving to make RVP and 100k. I made over 100k between my wife and I before I joined Primerica. Why would I want to take a step backwards. Now I recruit licensed agents and have the ability to match their commission structures and still make over-rides. At Primerica they would never allow someone to make a lateral transfer because the top-feeders like Hector LaMarque, Rick Susie, Mark Younger, Mark Rolls, would not get freebies.

      Further, why must you work so hard to build a team only to have your BEST LEG taken by your RVP when you go RVP? This is like building a business and then giving away your best products? Who does that? That systems is set up for you to fail so your up-line can steal your down-line when you quit. This system was originally in place when AL Williams first started because they did not have the over-ride structure and this was a way to compensate your up-line. It was kept after those at the top of the food chain realized they would not have t continue recuriting if they just took you best leg.

      Finally, why doesn’t Primerica allow you to be non-captive. For those of you who are not familiar with this term it means you can only sell the products for one company. There are many companies that allow you to sell multiple products to suit your client needs. Primerica touts to be the best opportunity in America? Well, it is not. Otherwise they would allow you to be non-captive. Because they know they do not have the best products they force you to use the one life product they have to serve your clients.

      I think Primerica had a great system when AL Williams conceived it. But think about it, how can it continue to be a great building opportunity when it is owned by a corporate giant of the type Primerica teaches you to despise?

      Use your common sense and don’t believe the hype. Have them show you their Tax Returns with their income. If they refuse to do so then they have no credibility and are making “Primerica” statements and not statement of fact.

    1. T. LaFore

      I started as a client of Primerica. Since then my husband and I have joined and absolutely love it! We’ve been in it about a year and wouldn’t trade it for the world.

      Thank you A.L. Williams!!!

    1. I have no personal experience with Primerica, but since my friend was interested in buying some insurance from Primerica I made a small “research” on the web, because I heard some traditional talks like “Primerica is scam”. I found this large Primerica discussion about their products (don’t worry, it’s definitely not a promoting link for Primerica 🙂 and this one on Fraud files, and it’s definitely bad for P. in my eyes… There are many people defending P. there and here, but common – if there was no problem with P., there would be no need to defend it. I don’t believe it at all – dealing with part time agents? Most of their products more expensive than the competitors’? No, thank you…
      Best wishes
      Jill

    1. FA

      SESAME STREET ECONOMICS – 1 – If you are only licensed as a life insurance agent and a mutual funds representative and you believe you can take a wholestic financial planning approach you are wrong. Let me ask you how you’d hedge a portfolio against systematic risk. Sorry diversification is a text book wrong answer. You are in denial if you think you will get rich off these products alone that have a small trail and a trail only if you are even licensed with your 6 or 63. That isn’t half of you on this page. Your “business” which is a Multi-Level-Marketing, hence largest finanical services MARKETING org; notice the legal lingo that requires them to use marketing because you are definately not the largest financial services organization, is based very much so on recruiting. I’ve done corporate recruiting and guess what, not everyone wants to change thier life to a MLM anyone with a pulse can be a client life style, and believe me a salary PLUS commission is for the talented and truly competent; Anyone can go grab a commission only job at any financial services competitor. Sorry to say but the reason you are new to the industry and not receiving salary plus commission is because you have a history of slacking off in either your academic studies or other employment; hence your last desparation to grab this opportunity that you’ll soon find has a very poor pay out. If you are really interested in the financial industry obtain a series 7 license and 66 license your CFP and learn all the capabilities out there so you can really help people without being limited by primerica’s philosophy of that you only need these few products. You have fewer fund families than a 401k which is sad, and a “common sense” annuity; give me a break. It’s funny how you’ll criticize MetL life insurance and then go and use thier annuity product. Where is the falacy there?? Anyone?

      What you sell is sesame street economics to people that really have had no exposure to the industry. You exploit their lack of knowledge and use primerica slogans for every aspect of the business. When you are a parrot repeating the same lingo it is apparent you’ve given little though to do actual research yourself on the markets or how different asset classes are even correlated. A freshman with one econ 101 course could do circles around your fabricated knowledge of what you think is this whole financial realm. Well wake up and see that your not only doing an injustice by blindly leading these client sheep of yours to the slaughter house, but to say it’s in the name of doing what’s best for clients; seriously; go study, pass exams that qualify you to actually financially advise, which is not the 6 or 63 or life, health, ltc, and do us all a favor and use some self due diligence and educate yourself first before you just try and sell stories and common sense catch phrases that sound so ammature and weak. Now you can’t call yourself a financial advisor or planner because you legally are not aloud because you are completely not even close to being qualified so like i said do us a favor, go to citi.com and search for primerica and see that your parent company is so shameful of you the company is nowhere to be found on any of its main web pages. Our competitor Smith Barney of course, a wirehouse, is reputable and where they send clients for investment advise and financial planning. Guess how much pfs pays to use the citi name… how bad does pfs have to milk that too… it’s so funny… well whatever helps your denial keep feeding to each other. It’s like a bunch of fat kids thinking that cake is actually healthy for them if they wish it to be true. Well keep doing a great job pulling in that first paycheck that’s your life and health reembersement and make sure you keep outfitting yourselves as unprofessional as possible when you show up in t-shirt and jeans to your little pep talks. and secretly i know each and every one of you has a pfs life policy… u know u do too… who did u compare it with…uhh that’s right.. no one.. u bought in to it all ;p

      RECRUITING JUSTIFICATION: well lets see.. get the blind teaching the blind and say “who am i to judge who will make it or not” and yes then you can put your head on the pillow at night.. well, that’s if you have no real judgement and are more motivated by what, oh ya, the dream of money and success; ah so hypicritical. So i get a stupid 18yr old and sell him/her the world. They feel all excited b/c they are this business owner or soon to be business owner lol. They “spread the word” and the “regional rep” takes him/her on appointments and closes all the business making more on the business than the junior rep.. which u all think is justifiable but in reality the person with the actual relationship makes the most. Well then the 18yr old just gives everyone he knows away the senior guys are happy and the junior guy thinks that’s great, but then the will runs dry.. uh oh.. now its time for real business and talking to people we don’t know.. ummm how about we just get another idiot to be convienced to join and we’ll exploit his “warm market”.. and round and round this vicious cycle we profit… the 18yr old tries to coach, but can’t… why.. he’s not licensed or at that level.. hey they never told me that… so yep.. that regional or rvp gets all that business… and u thought u owned a business… uh no… but ur are a 1099 employee.. wait.. don’t u criticise them too.. umm ya u do.. wow.. so many flaws in this model.. so there lies the reason to recruit.. it continually opens up that persons warm market and u move on.. u sleep at night because you say, who am i do judge someones potential… well wake up people.. you are judged every single day by your potential and rightly so.. are you going to tell me your fund managers don’t judge funds potential based off history and past performance… or do you want there money invested in a company where they say.. hmmm hey lets give them a chance… no.. just doesn’t work that way. Oh and all this talk about how everyone else out there is Soo unhappy in corp america… let me ask you your positions you had before.. mcdonalds and wallmart don’t count as corp america. ya you have a few people with reputable backgrounds but there is a reason they didn’t make it in thier industry either.. and to say all those people that make it are “evil” well is just irresponsible and makes you look so amature. Who are you to assume everyone is dissatified. Many people that are real entrepreneurs not fake MLM ones, are happy and many people in other fields are just the same. But you negative people have to just talk crap about everyone else to make yourself feel better… or atleast you exploit the 18yr idiot… i think i’ve seen as high as 40yr idiot at a volnerable time in their life… so rest easy

    1. MSUGRadstud10

      I was sucked into this scheme the summer after my freshman year of college. I will be getting my MBA in finance next year and am here to tell you this whole thing is a bunch of crap. Primerica’s fundamental principal, buy term, invest the difference is lax. It focuses on intelligent investors who understand the volatility of financial markets. I asked my recruiter who at the time was a senior RVP and soon to be NSD what his investment style was. Any prudent financial planner would tell you with ease his investment style. He simply said I earn 12% a year on my mutual fund. Being a student of finance I was shocked. He proved to me at that moment that a soon to be National Sales Director knew nothing about value investing or anything else of the nature. A person prudent in finance would not rely on a mutual fund to diversify their portfolio for them because mutual funds RORs are not all that great because of costs within the fund and an average investor can construct a portfolio that exceeds their ROR. Because I paid the $99 and the testing fees I went on and took my insurance exam, passed, and quit after they refunded me my testing fees. This was the biggest waste of $99 I have ever encountered. Primerica’s agents are not financially sound themselves and seek to benefit from other’s stupidity. My SRVP aslo told me that it was simply a distribution business, not a financial services business. WOW! Now we know why Citi is being bailed out right now, because the 100,000 Primerica agents are DISTRIBUTING financial instruments to people who cannot afford them in the first place. Do you honestly think that someone with a $30,000 income needs a mutual fund, life insurance, and legal protection? Hell no, thats why they make 30k/yr, they missed out on an education! EVERY Primerica representitive who believes in their company should be lynched along with some of the CEOs of various financial instituitions, FRE, FNM, AIG, and LEH! They are the same kind of scum and deserve the same treatment!

    1. stay away from primerica

      I only hopes primerica goes out of bussiness,they take advantage of ignorant people .I currently have a mortgage with a 5.62 fixed interest rate for 20 years and i send extra towards the principal every month.A primarica agent was ‘HELPING “to refinance .My new interest rate would be 7.65,fixed, 20 years.Was this primerica agent really helping me or was he just triing to make a commission?I do not think i have to answer this question.I was told not to worry about the higher interst rate and only look at my “MONTLY SAVINGS”.What montly savings?If interest rates do not matter,why not give me a mortgage at 0%?

    1. Jake

      I left Primerica, NOT because I wasn’t making good money,
      but because I couldn’t handle GIVING IT BACK via chargebacks!!

      I will NEVER again watch my children go without what they deserve,
      simply because I’m unable to keep what I’ve earned.

    1. artie

      i actually enjoyed the people in the Base Shop but quit after my RVP closed 2 of my referrals with out telling me and paid me with a personal check on one and kept the commission on the second because he knew i was strapped for cash and needed the money. He got All the Credit, All the Commission and im sure His bonus!

      Thank god,it was the best thing that happened because it broke the spell. i was Mr. Primerica and believed in the hype at a terrible financial cost to me and my family. there was almost no product training and 99% hype and speeches about hope.

      now my family and i are 100% better, but i am upset with myself for putting my through such financial turmoil for 7 months because i was hypnotize.

      DONT DO IT!!!

      DON’T JOIN!!!      ROCKY   HTTP://NEXTAXPRO.WORDPRESS.COM

    1. JP

      I’m glad I read this before I gave Primerica my final answer to join today. Thanks  YOU  ARE WELCOME:    ROCKY    HTTP://NEXTAXPRO.WORDPRESS.COM

      5 December 2008 at 12:53 pm

    1. Steve

      Ok. Somone above said that the RVP’s dont care for you. I find that funny cause my RVP actually does all the work for me and i get paid.    {  HA HA HA YUK YUK YUK.    WHAT A BRAINDEAD RODENT AIRHEAD!!   ROCKY    HTTP://NEXTAXPRO.WORDPRESS.COM

      He personally goes on the appointments with me and now that i have a license he helps the people and if they decide to get life insurance i get paid for it. It has been pretty nice. I’m not sure if other RVP’s are corrupt or something but mine is not i know that for sure.

    1. Portfolio Manager

      On 15 Nov 08 FA’s comments probably would describe this multi-level-marketing scheme the best.    AND MINE:   ROCKY    HTTP://NEXTAXPRO.WORDPRESS.COM   I’m a portfolio manager for a very reputable company and just went to a introductory meeting with my nephew that was convinced this was a great business. He is 19, on winter break, and his old friend got suckered in. I took them down on campus at Cambridge and we spoke with one of the professors their, and then to my firm where a colleague of mine that is a Financial Advisor spoke with him about how it’s just an MLM Scheme, like Amway, Mary Kay, and many other berry juice and other MLM Schemes. The gist is to have a product where you inflate the price and thus it allows you to pay everyone in the “Downline”.  Give it a try and learn the hard way or listen to words of wisdom and go visit a reputable firm and ask them about Primerica.   If you are trying too hard to defend your position, there is almost always a reason. Remember that kids.     AMEN!!!!!!!!!!!

      14 December 2008 at 3:32 pm

    1. Julius Midtown

      This Saturday I had a Primerica “headhunter” call me during my shift at my current sales job, asking if I wanted to meet for coffee etc etc, as he had heard I was very good with people. I already knew all about this company, and since he decided to take me away from my sales and possible commissions for ten minutes to offer me the chance to throw away my career, I thought I’d return the favor. At 2:30pm this Monday (20 minutes after our scheduled meeting over coffee) I received an “I’m here, where are you?” message. This was soon followed by two more hoping I was still coming and “I guess something came up, call me to reschedule.” oh! And did I mention I asked for our meeting to be in my end of town, which was really just the farthest place i could think of from the office address he’d told me? Sucker.

    1. ken

      To those out there who think Primerica is a scam,       i probably is.   {IT IS  } you will never ever have a real opportunity in life to make $100,000 a year or more.      { BET ME    ~ ROCKY  } ughts that every good opportuinity in life is a scam,you deserve what you get.Hard work,bettering yourself,and being around positive people is not a scam.If you read Art Williams book “Coach” you will understand why he started this company 32 years ago.Primericas last quarter earnings showed a profit,did you?    THAT’S A LIE!!   ROCKY    HTTP://NEXTAXPRO.WORDPRESS.COM           truly inspiring people who do help the MIDDLE CLASS.    ow much do I need to have to talk with portfolio manager?Can I invest $50.00 a onth with your firm?And what is the average salary of a college grad.?Can you ever work your way to owner?More importantly can you ever become financially independant?     YEP.      ROCKY    HTTP://NEXTAXPRO.WORDPRESS.COM           YOU HAVE BEEN DECEIVED.    ASK THE LOR TO GIVE YOU COMMON SENSE BEFORE YOU GET TAKEN AS I WAS.

      29 December 2008 at 12:03 am

    1. Ms. A

      I was offered a job with Primerica, while I was working at my current. I kept in contact with the man who approached me, and set up an “interview”. I went and bought a cute dress looked amazing. I forced my boyfriend to go with me, because a meeting at 7:30 at night was sketchy. I thought I’d try it though, well when we pulled up to the building, there were ALL these people. I called this man, and he came to meet us outside. It was a seminar, it was CRAZY. They never said how they were making the money. The first gentleman to get in front of the group to speak, said no one else was a “public speaker” LIES, no one said “um” once. This was rehearsed. It was acting. They weren’t recruiting, they were lying. They had a small space for all these people to sit, it was long and uncomfortable. They had people in another room who were “training” and who were “now with the company”,  from across the hall we could hear them laughing and making jokes.. probably about all the people I was sitting with who were buying into everything Primerica Reps were saying. When it was over, the man who “recruited” me asked my boyfriend and I what we thought, I told him it felt like a CULT, that they were vague, and that though he was very convincing, I felt like people were acting, I told him I had many concerns but that I felt like I should be open to new opportunites.  My boyfriend was explaining the same, and we said we would research the company. Well, the moment we said we were going to research and look into the company before we gave any information, he said that we weren’t the kind of people he was looking for, and that he wished us the best of luck. I shook his hand and we left. Not looking behind us. Just pissed we wasted so much time. An interview???   An interview my butt! liars, cheaters. crazy cults.

    1. Melissa

      I was called earlier this morning by a gentleman representing Primerica Financial. He found my resume on a very well known job-seeking website. This gentleman made this company sound like something fantastic. I informed him early on that I recently lost my job and he sounded even more eager to schedule my “interview”. I accepted, as the economy has given me no other bites for employment. He stated that if I liked what I heard at the “interview” slash orientation, I would be invited back for a second inerview. I’ve never done anything like this before, was started getting a little skeptical, but decided whta the heck…I looked up Primerica Financial online and read more negative things and personal experiences and am ever so grateful that I did not get “fooled”.   Thank you for the comments and helpful information about the pyramids and recruiting. I am not looking to fool anyone as part of my job, nor am I looking to be a part of something where I am not genuinely helping people. Thank you again for those of you who have taken the time to educate other potential victims of this company and their true intentions.    YOU ARE MOST WELCOME.    ROCKY    HTTP://NEXTAXPRO.WORDPRESS.COM

      My experience:    Mike, a long-time friend of my husbands, told us that he had just started working for a “financial planning company” and asked if he could come over and give us his spiel. He made it sound like this meeting would actually just be him fulfilling some sort of training or quota requirement. It would be doing him a favor. Mike didn’t give us any indication what kind of services he would be presenting to us, but we assumed that it would ultimately have something to do with investments. Because my husband and I are relatively satisfied with our current financial situation, we weren’t terribly curious about what Mike had to offer us – however, we’re open minded and after all, we were doing our friend a favor.My husband and Mike scheduled the meeting to take place in our home at 6:30 PM on a week night. This wasn’t a particularly good time for me since I get home from work at 6:00 and have a routine of things that I need to get done: preparing dinner and making our lunches for the next day, etc… Since it was an informal meeting between friends, my husband and I figured that he could be the one to entertain Mike’s presentation while I listened from the kitchen.Shortly before the meeting, we learned that Mike’s supervisor (or trainer or something) would be coming along and that this supervisor would ultimately be the person presenting the company’s services to us. This was a bit unnerving because the meeting was originally presented as an informal favor for a friend. Now it seemed to be turning into a full fledged business meeting with our friend’s boss. Had the actual circumstances of the meeting been explained to us in the beginning, my husband and I probably wouldn’t have agreed to it.Mike and Carl (the supervisor) showed up on time and introduced their company: Primerica which neither of us had ever heard of. My husband and Carl made small talk while I puttered around in the kitchen making dinner. My husband made a few attempts to get the ball rolling by asking what sort of services Primerica provides, but Carl made it clear that he would wait until I was finished in the kitchen. I’m sure that he was just being polite, but I thought that he was missing a social cue – If my husband and I were alright starting a presentation without me then he should be too.

      So, with our dinner on hold, both my husband and I gave our friend’s boss our fullest attention. Carl started by saying that he wanted to “get to know us” which consisted of asking us a series of ridiculous questions like: “If you could make any amount of money, how much would you like to make?”, “If you could retire at any age, what age would you like to retire at?” and “If money was no object, what would you do or buy?” You can imagine how pointless our answers were and Carl never did get around to telling us how Primerica could help us earn 100 trillion dollars a year while retired so that we could buy a unicorn.Carl then went on to assure us that by the end of the meeting we would be convinced that Primerica was a “legitimate business” that “helped people”. Carl really couldn’t have waved a bigger red flag short of calling Primerica a scam. He continued on by showing us a series of statistics regarding consumer debt, insufficient retirement funds and scarce savings accounts. Then he showed us some before and after numbers of a couple, Bob and Susan, that Primerica saved loads of money by giving them a better mortgage and better life insurance and better savings AND putting $500 back in their pockets every month! Then, if that wasn’t good enough, Carl told us that we could make big money helping couples just like Bob and Susan.At this point, I stopped Carl and asked him what exactly he was trying to sell us. Life insurance? Investments? A career? Carl said that he could help us with all of those things, but he was mostly excited about offering us both career opportunities recruiting more people to work as recruiters. Out of sheer politeness, we inquired about Primerica’s life insurance policies and investment opportunities; both subjects Carl didn’t seem to have any concrete information on. He was able to tell us about a seminar the next night where we could learn more about Primerica, but that sounded like it was geared for recruiting employees as well. We finally asked Carl to leave some literature about Primerica’s products and services so that we could learn more about the company. Unfortunately, the only literature Carl had in his big important briefcase on wheels was a scant brochure about career opportunities as a recruiter.

      Now I’m not saying that Primerica’s a scam or a legalized pyramid scheme.    WHY NOT?    ROCKY    HTTP://NEXTAXPRO.WORDPRESS.COM        t saying that Carl was a representation of all of Primerica’s employees. I’m not saying Primerica doesn’t have tangible products and services. I’m not saying that people can’t make money with Primerica recruiting people to be recruiters. All I can say is that after that meeting I know I never want to do any kind of business with Primerica.

      5 February 2009 at 12:34 pm

    1. I usually don’t try to plug my post, but since you are referring to them, I think you should also take a look at a question from one of my readers:
      http://www.thefinancialblogger.com/a-reader%E2%80%99s-question-about-primerica-multi-level-marketing-business-model

      there are about 55 comments that will also help you out understand what is Primerica.     BUT DO THEY EXPOSE THE CRIMINAL, FRAUDULENT INTENT OF A.L.WILLIAMS – CON AMERICA?    I DO,  AND I  HAVE SPENT A GREAT DEAL OF TIME FOR THE LAST 31 YEARS DOING THIS:     ROCKY    HTTP://NEXTAXPRO.WORDPRESS.COM

      cheers and thx for the mention!

      TFB.

      11 February 2009 at 7:43 pm

    1. EC

      I was contacted by a rep this past Tues. When I asked exactly what is the company about and what were they selling. He went round and round the bin, up younder, and over the chicken coup. And I still didn’t know what Primerica was about. So his ambiguous response made me want to do some research on the net before our little interview. I’m so glad I did. I thank all you guys for taking out the time to share your thoughts and comments. Now, I feel like I can make an intelligent decision as to what I need to do now. Thanks again.    YEP:    ROCKY    HTTP://NEXTAXPRO.WORDPRESS.COM

    1. ljroseville

      My my my, you Primerica folks! so proud of yourselves are you? ‘ oh, stop bad mouthing us! ‘ well, where are your Art Williams and John Addisons now? Canceled conventions? Canceled company trips? looks like the big sugar daddy has lived the large life too long and came falling down! been down this road with P and found the RVP is a fair weather fan. one minute you’re the next up-and-coming RVP and then you’re a doormat the next. as long as you bring in the fresh meat, you’re da bomb! but as soon as the #s start to dwindle, so does your fan base! have fun at the next convention. lol

      23 February 2009 at 10:22 pm

    1. MLS

      Thank you, thank you, thank you, for all the varied responses. I had a gut feeling at the “overview” that this company was using “Little people” to get to the top. Sorry to say my own cousin lead me there. I am not going to my interview today!    THAT’S A FACT!!    GOOD FOR YOU!   ROCKY    HTTP://NEXTAXPRO.WORDPRESS.COM

    1. Craig Hansen

      “Bonified”?!?!?LMAOIf that was satire…well done. If that was a serious attempt at a glowing endorsement of Primerica…it was still  funny.     same old Deborah.   Offering “rebuttals” to the first one posted.   If conAmerica is go great, why are you so scared?   Because you DON’T WANT THE PUBLIC TO KNOW THAT CON AMERICA IS A BOILER ROOM, FRAUD, PIRATE PYRAMID SCHEME!!!   If conAmerica is go great, why not pay me for my lost time, inflation factor, interest, penalty;   being ripped off, not having a protected territory which resulted in numerous lost sales, et cetera?   WHY defend in indefensible?    My exposes are well documented and you and all the others only defame.  You have no concrete proof so you slander, lie and attack those who tell the truth.   furthermore, and this has not been pointed out, if con America is so great and you make all these millions and hundreds of millions, why not take over milico and YOU PAY OUT THE CLAIMS WITHIN 3 HOURS, instead of the usual 6 weeks, if the claim is paid AT ALL????   https://nextaxpro.wordpress.com

      4 March 2009 at 7:09 pm

    1. Tracy Coenen

      Craig – Thank you for pointing that out so that I didn’t have to.

      5 March 2009 at 1:09 pm  

    1. Carlos

      I just want to thank everyone for telling their stories. I’ve been unemployed for 3 months and was called for an interview today.  I was told it was a great opportunity and that it would change my life.  As it is I’m in debt because times are tough… THANK YOU ALL on behalf of my 3 and 1 year old girls I’m struggling to keep happy!!!!      PRAY PRAY PRAY TO THE LORD JESUS.   I HAVE BEEN IN THE SAME SITUATION.    THANK YOU FOR YOUR TESTIMONY.    NEVER GIVE UP AND REMEMBER ME TO YOUR CHILDREN:     ROCKY    HTTP://NEXTAXPRO.WORDPRESS.COM

    1. Luiz    LEARN HOW TO SPELL !!!   WHAT ARE YOU DEFENDING OR ATTACKING?   HTTP://NEXTAXPRO.WORDPRESS.COM

      Really guys how can any one read these false stataments and acusations and accually belive tham? What i understand is that at lEAst 3% of the population that is put into this world, are simply here to complaint, if you tryed primerica and it did not work for you, this simply means you did not put any effort into it, and the products primerica offers really do help pleople, and there are proof!! check out the better business bureau the are an A+ rated company, {WHAT A CRUEL LIE!!!! } if there really was any truth to all the aligations against the company there should be record of it somewhere right???  where is it??
      come on now quit you winning, if you tryed this company and got lisenced remember you still have that lisence, and by the way you should also know the term twisting, yes there are bad people in this world that are simply out there to make a buck what ever it takes, however there still are people who enjoyes helping others! and those who are selling products that does not benifit the contumer, can and will be prosecuted and will also get his/her lisence revoked, so with that in mind i holpe any one deciding as to reather or not this would be good for you, ask yourself!! are you willing to help people you have never met? and how much effort are you going to use to help these people? sounds simple how ever it is not!!   same old Deborah.   Offering “rebuttals” to the first one posted.   If conAmerica is go great, why are you so scared?   Because you DON’T WANT THE PUBLIC TO KNOW THAT CON AMERICA IS A BOILER ROOM, FRAUD, PIRATE PYRAMID SCHEME!!!   If conAmerica is go great, why not pay me for my lost time, inflation factor, interest, penalty;   being ripped off, not having a protected territory which resulted in numerous lost sales, et cetera?   WHY defend in indefensible?    My exposes are well documented and you and all the others only defame.  You have no concrete proof so you slander, lie and attack those who tell the truth.   furthermore, and this has not been pointed out, if con America is so great and you make all these millions and hundreds of millions, why not take over milico and YOU PAY OUT THE CLAIMS WITHIN 3 HOURS, instead of the usual 6 weeks, if the claim is paid AT ALL????   https://nextaxpro.wordpress.com

      23 March 2009 at 12:06 pm 

    1. mis07    CONCRETEHEAD MARIJUANA AIRHEAD!    WHAT’S WRONG WITH A PYRAMID SCHEME?   IN OTHER WORDS, YOU HAVE NO MORALS NOR SCRUPLES!    WAIT UNTIL ONE OR MORE OF YOUR LOVED ONES GETS TAKEN?!!    READ, READ, READ.

      Very “good article” – WOW – I am just falling down. Who pay you for writing it. Do you really know what you are writing about. What is wrong with MLM, specialy  {SIC}the products are so good and competitive to all offered by banks, the idea of the company was to create competitive products to help people with their financial problems – and what is wrong in it????? Is also something wrong that people they work in the company they have opportunity to earn money – you are funny!!! Beacouse {SIC} people in this industry they do not earning any money??? And what is wrong if one person use other people to earn money – is it something new or illegal??? Oh men you are so funny. Sorry I do not want to waste more of my time for such a demagogy.          BECAUSE OF A MARVELOUS INVENTION BY GOD CALLED CAPITALISM.    YOU  MAKE MONEY FOR YOU AND YOUR FAMILY, NOT NOT NOT SOME “UP LINE”, OR THE CON MEN AND WOMEN WHO CONCEIVED THE SCHEME!   YOU ARE A DONKEY!!       – ROCKY   HTTP://NEXTAXPRO.WORDPRESS.COM 

      25 March 2009 at 7:27 am  

      fmj1987

      Primerica is not a job opportunity, as many have emphatically said in defense. This is true. Unfortunately, there is the problem; it is often advertised as one. I’m not going to get into the Mult-Commission argument or if Primerica offers better services or not. The problem most people have, I believe, is how the “opportunity” is presented. Nobody wants to spend time and money driving to what they believe is a job interview when it really is a business opportunity with cost up front. I realize not everyone recruits like this but many do and so does the company. If you have seen their job openings on job sites or have been called by them, this is not apparent. On the phone, they are unable to answer very simple questions that I would expect any other employer to answer if I was to ask about their company. The sad part is, this works against them. People then go on the internet, read blogs and have the negative feeling that they were being conned. I, like most people without a suitable background, found it odd to be contacted for an opening based on my qualifications for a potential high paying job. Sorry, but that doesn’t sound remotely right and most people know at that point that it can’t be exactly as advertised. The company needs to stop doing this, as it is subtly deceitful and in the end, is what helps give it a bad name. As for the Primerica opportunity, I’m sure that after 30+ years, there is something to the opportunity for those willing to put in hard work, just like many similar opportunities with similar backgrounds (both Melaleuca and Amway actually have strong financial stability, long histories, and have garnered prestigious international awards for their companies, as well as producing financial independence in some).
      Hopefully Primerica reps will read this and not see this as a personal attack on them but as something to consider. Every company can improve and they all have areas that need to be fixed. In my opinion, working on how the opportunity is presented would help their image and eliminate a lot of the complaints people have, as well as get more people to consider the opportunity.
      P.S. I am not affiliated with Primerica but have a friend who is starting soon and going to get licensed in a few weeks so I’ve looked into it a bit more to understand what they’re doing. Plus I was contacted by them several months ago and looked into it a bit then an decided that wasn’t the direction I wanted to go. I will state my opinion on them is basically neutral as I don’t have definitive evidence yet on them as a whole as far as their product and service goes compared with all their major competitors, so I will not say anything else about them that would be speculation.

    1. Lehigh Valley

      This comment will never get posted, but here goes.

      Why are you promoting multi level marketing schemes on the same page you are purporting yourself to be a “lily white” fraud investigator.

      I am not into MLM’s never, have and never will be. A friend asked me to research Primearmerica and gave me your site.

      She now wants to get into an MLM as a result of being baited and switched by you into one of the scams you are promoting on the right hand margin of your site.

      Shame on you!!!

    1. Tracy Coenen

      LOL – I’m not baiting and switching anyone, nor am I promoting any MLM. As you are well aware (or as you SHOULD be aware before you go around throwing meritless allegations at me), Google serves up advertisements based on the keywords on the pages (which in this case often mention MLM scams), and doesn’t give me the opportunity to block the MLMers. Yes, I can block some, but there is a limit to that, and I exceeded the limit months ago. I’m sorry your friend wasn’t smart enough to evaluate the MLM and decide against it.

    1. Tracy Coenen

      No, they don’t “recruit.” Insurance agencies do hire new agents, but only two parties will get commission on the sale of insurance: the agent, and the agency itself. No one else. Not like the pyramid in Primerica or other MLMs which pay 8 to 10 levels. If you want to know that the commissions are in a real insurance agency, ask an insurance agent.

    1. Tracy Coenen

      No Mike, that’s not what I said. What I said is that on the sale of insurance, the agent who sold it will get a commission, and the agency the agent works for may also get a commission.

    1. Tracy Coenen

      The statement isn’t vague at all. The agency might get a commission too. The agency might not. (Hence the use of the word “may.”) It depends on the insurance company or companies the agency is aligned with, what their agreement says, and what type of policy has been sold. So for the third and last time, the person who sold the insurance policy will get a commission and the agency might get a commission.

    1. Tracy Coenen

      Mike – I know because I do work in the industry. I’m not interested in researching this commission issue for you. Good luck finding the information you seek.

    1. Tracy Coenen

      Mike – It is possible for someone to do work in the insurance industry without working for an insurance agency.  Surely you’re aware that there are lots of different jobs and consulting opportunities in the insurance industry? S o both of those statements are true.  I do not work for an insurance agency, but I have done (and still do) work in the insurance industry.

    1. Stufrogg      IS SOME ANIMAL RIGHTS FROG CEMENTHEAD!!   –ROCKY   HTTP://NEXTAXPRO.WORDPRESS.COM

      I find it funny that traditional insurance agents have a problem with Primerica’s model.     BRAINDEAD RODENT -ROCKY

      Well, Primericans have a problem with traditional insurance agent’s products: cash “trash” value products.    What I found is that cash value life insurance products are the real scam!   {  AND CONAMERICA IS A REAL SCAM.    READ MY WEBSITE!  GET INFORMED!  – ROCKY }    Primerica’s model is just like real estate brokerage, except with more agency levels and 6 levels of back-end royalties. What is so wrong with that? Sounds like a pretty good deal to me!Oh and don’t give me that whole “Primerica has expensive Term” blah, blah, blah….Until someone really sits down and does a comparison you won’t know.Likewise, even if it were a little more expensive in some cases, so what! The benefits and features unique to Primerica Life Insurance are worth it!  { WHAT A BRAINDEAD CONCRETEHEAD SERPENT!!!  } I don’t know about ya’ll but I don’t live in the cheapest house in town, just because it’s cheaper!Whole life agents typically sell Term that is only guaranteed renewable into whole life!How about a Term policy that is guaranteed renewable till age 100. Then invest the difference? >>>> It’s a NO BRAINER!Then guess what, if you want to be a messenger for helping others, you can join and get paid! Is that a good thing or a bad thing?Then guess what, if you train and develop leaders, the company will pay you a ton of money for helping families! Is that good or bad!obody in Primerica gets paid for recruting. Paychecks are sent out when business is transacted!If you want to find out what a pyramid scheme is….see Bernie Madoff!   {AND YOU – ROCKY        Losers have a victim mentality.inners have a victor mentality.Which mentality do you have?   { COMMON SENSE.   AND I CAN READ -ROCKY }   same old Deborah.   Offering “rebuttals” to the first one posted.   If conAmerica is go great, why are you so scared?   Because you DON’T WANT THE PUBLIC TO KNOW THAT CON AMERICA IS A BOILER ROOM, FRAUD, PIRATE PYRAMID SCHEME!!!   If conAmerica is go great, why not pay me for my lost time, inflation factor, interest, penalty;   being ripped off, not having a protected territory which resulted in numerous lost sales, et cetera?   WHY defend in indefensible?    My exposes are well documented and you and all the others only defame.  You have no concrete proof so you slander, lie and attack those who tell the truth.   furthermore, and this has not been pointed out, if con America is so great and you make all these millions and hundreds of millions, why not take over milico and YOU PAY OUT THE CLAIMS WITHIN 3 HOURS, instead of the usual 6 weeks, if the claim is paid AT ALL????   https://nextaxpro.wordpress.com  10 June 2009 at 1:57 am 

    1. Tracy Coenen

      The problem with the commission structure in MLMs is that the person who actually sells the product or service is not receiving the bulk of it. Most of the commission is going to the upline who, in reality, had little or nothing to do with the sale. That’s what we call an endless recruiting scheme… in which the money is actually made from recruiting rather than selling the product or service. The business of recruiting helps very few people, and certainly doesn’t help those at the bottom of the pyramid make money.

    1. Tracy Coenen

      It’s common to use “typical corporate jobs” to justify the MLM structure, but it just doesn’t hold water. MLM is pay to play, while corporate jobs PAY YOU. And there are not 8 levels of people being paid on one sale in the corporate world. In the real corporate world (such as insurance or other commissioned sales) the bulk of the commission goes to the actual sales person, with one or two others also being compensated. In MLM, the bulk of the commission goes to everyone BUT the person making the sale. That’s why I don’t like the structure of Primerica. You can’t make a decent living in Primerica without recruiting… hence it becomes an endless chain recruitment scheme. Members are constantly searching for new recruits as the try (almost always unsuccessfully) to earn a living wage in Primerica. And they’re usually forgetting that all they’re really doing is recruiting competition and therefore taking sales opportunities away from themselves. I know of no industry outside of MLM whose purpose it is to recruit as many COMPETITORS as possible. Dumb.

    1. Channing W.    IS A FRAUD ATTEMPTING TO DEFEND A PYRAMID SCHEME BECAUSE HE KNOWS KNOWS KNOWS THAT IF THE WORD GETS OUT, HE HAS NO CHANCE OF SELLING  A FRAUD.    -ROCKY

      We are not recruiting “competitors,” we are recruiting teammates. If we recruit someone, it isn’t taking sales away from us, its adding to our sales… Even if the recruited gets more sales than we do, we get compensated for it too; so how is that taking sales away? Also, in Primerica, it is not necesarily true that the bulk of the commission goes to everyone but the seller. If you are at a division leader position, you earn a 60% contract and if your recruiter is a regional leader, then they earn a 70% commission (in general). Now, if the downline makes a sale, the upline makes the difference of it… and the difference between 70% and 60% is 10%, so the upline is only making 10% of wat that commission was while the seller made 60% from the commission. Granted, sometimes it is the other way around, where the difference in commission is alot greater than wat the seller would make (i.e. an RVP making 95% and a new rep making 25%… the difference is 70%) but this isnt the case all the time. If you are a newer rep, you cant expect to make as much as a 10 year seasoned vet, the same as if you are new on the job… u wouldnt expect to make more than the 5 year seasoned department manager, or the 30 year store manager, or anyone else above you that has been working alot longer. Corporate jobs dont PAY YOU, they TAKE from you. They do not pay you what you are worth, they pay based on the job position… therefore, you have no credibility. If Oprah Winfrey wanted to stop doing what she was doing to be a fryer at McDonalds, do you think they are going to pay her loads of money because she is Oprah, or they are gonna pay her $7.00/hr jus like all the other fryers? They are going to pay her what a fryer makes… Therefore, you are being paid based on the JOB, and not what you can do, bring to the table, or anything else. It doesnt matter how much education you have and if you received your Master’s or Doctorate’s degree, you are still going to make somewhere in the range of WHAT THE JOB PAYS! At least with what we do (as with any other commission job) you get paid based on what you bring to the table. If you slack and dont put in much work, then no you will not succeed in Primerica, or any other corporate commission jobs out there. But I know I work my butt off when I have a job, so I would rather work for a company that pays me for how much I put in than to work for someone in which I will only bring in the same paycheck regardless of how hard I work.

    1. Tracy Coenen

      You foolish foolish man. Of course you’re recruiting competitors. That’s one of the most poisonous aspects of MLM. They are into recruiting large volumes of competitors.

      And your analysis of the commissions is terrible. Seems you’ve learned some talking points but haven’t figured out how wrong they are. THE PERSON WHO SELLS THE PRODUCT is not receiving the bulk of the commission on the sale. THAT is what I said, but you used numbers to address something completely different, while making it sound like you were disproving me. I never said the person at the top makes the bulk on each sale, just that the actual salesperson is not making the bulk of the commission on their personal sale.

      And YES corporate jobs pay you want you’re worth. If you’ve got skills that can earn you more than $7/hr, you’re free to go present those kills to anyone around the world and invite them to pay you more. No one is forced to stay in any job in this country. So long as the free market exists, you can go get yourself a higher paying job any time you can find an employer who believes you’re worth more.

    1. Also like to point out (if it hasn’t already been stated), that promotion in MLM does not depend on how good you are at retailing the product or service, but how well you can recruit additional business associates into the pyramid scheme. The commission you are paid is from those beneath you and the only reason you got a commission is because those below you are required to purchase the product or service on a regular basis in order to be commission eligible. That is how MLMs pay you to recruit.   {  They DO NOT pay you!    You make money for them, provided you are one of the less than one percent who can sell a policy  –ROCKY    HTTP://NEXTAXPRO.WORDPRESS.COM

      17 September 2009 at 7Tracy Coenen

      Channing – Different jobs pay different wages. You understand that, right?   So the bottom line is that anyone who is “worth more” than whatever job they’re working in, can go find a different job that pays more.  Suggesting that MLMs “pay you what you’re worth” is silly, particularly since 99% of people who participate in them actually LOSE money.   { 99% or worse ~  Rocky }

      18 September 2009 at 8:20 am  

    1. Someone with no experience at a construction company will get the starting base salary. As the worker gains more experience, their value as a worker increases. That worker will get paid based on performance, experience, and knowledge. That worker can then take his talent from one company to another. That new company isn’t going to start that individual at the lowest pay scale. Comparing job talents from one type of career to another is flawed in your argument. Of course when someone starts a new line of work, they will start at the bottom of the pay scale.Also, the more education someone has the more money they will be paid. MLM is unique in that it doesn’t matter how good you are, you have to fight to be that 1% who make money.If you took all expert sales people with IQs of 200 and stuck them in an MLM company, guess what? Only 1% of them will succeed.  { or less -Rocky } Why? Because MLM doesn’t pay based on talent, or even how well you retail product. It pays based on who can recruit the biggest downlines. And that is where Boiler Rooms come into play.  Recruiting hundreds at a time is what these guys do.99% will always fail no matter if they are all perfect or cut out for the job. That is the mathematical result: 99%.  Do you know how to do math?    { fraud thieves don’t:   Rocky}

      18 September 2009 at 1:15 pm 

    1. Tracy Coenen

      Yes, different jobs pay different wages. And as one acquires more skills, one is worth more to an employer, and will begin to see their earnings go up. You pretend we’re all slaves to employers, when that’s far from the truth.Almost everyone in MLM loses, so they definitely are NOT “paid what they’re worth.” By your logic, they’re worth negative earnings… i.e. they pay into the company  18 September 2009 at 10:42 pm  Tracy Coenen

      P.S. MLM is the only industry in which I’ve seen that there is almost NO CORRELATION between hard work and results. Millions and millions of people work very hard in MLM each year, yet end up with only financial losses.  { AND RUIN ~ ROCKY }         HTTP://NEXTAXPRO.WORDPRESS.COM       NOTE:    I have still received NO restitution at all from A.L. Williams for my time and fruitless effort in an unprotected territory.    4-19-16, 5-18-16

      MORE EXPOSES OF THE CON AMERICA FRAUDULENT    PIRACY PYRAMID SCHEME.   MORE COMING:    http://800notes.com/Phone.aspx/1-203-651-0018/5

      BEWARE of stuff like this:   “$100 buys $50.000”.    They have to prove that they are honest and that they pay off claims.   Investigate before you invest:    ROCKY   HTTP://NEXTAXPRO.WORDPRESS.COM

^  I am changing all “etc”.  to et cetera.   This is Latin for “and all the others”.    This should clarify somewhat.     In the English language, we only need to say or write “etc” once in the context involved.

About NEXTAXPRO

Acts 4:29-31, Galatians 4:16. If you're born again, don't be afraid to speak out vs. evil. THE LORD JESUS CHRIST will take care of you, as HE has I. If you're not born again, repent and believe on the LORD JESUS CHRIST now, before it is forever too late! Isaiah 53, Romans 5:8-9, Luke 13:3,5; 2Corinthians 7:10, Acts 20:21, John 5:24, Romans 10:9-10. Use only Authorized Version King James 1611. ALL OTHER "bibles" are Jesuit, hence false. E.g, the niv DENIES the Deity of the LORD JESUS CHRIST in at least 160 places. Even the new king james DENIES the Deity of the LORD JESUS CHRIST in at least nine locales.
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53 Responses to PRIMERICA – A.L. WILLIAMS IS FRAUDULENT PYRAMIDING. IT IS VERY, VERY EVIL. AT&T NOW ABOMINABLE!

  1. E R Rocky Phenom says:

    No restitution; not even any remorse shown by the Primerica pyramid scheme fraud defendersof evil scams!!

    Liked by 2 people

  2. Meanwhile, please read my exposes regarding the Primerica pyramid on my yahoo blog. I have more.
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    Liked by 2 people

  3. E R Rocky Phenom says:

    Still no restitution from those who lie and criticize. To say we did not work hard enough is obscene. You will work harder than you ever did. Making appt; arranging parties, get togethers, losing time with your family because you are making calls to get appt – all for nothing because every one knows Primerica, like Amway, is a pyramid scheme fraud. The pressure to recruit, recruit is always there.

    Liked by 1 person

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    Liked by 1 person

  5. virginia williams says:

    i joined primamerica years ago along with my husband i told him at the time that something did’nt feel right my husband got his dad to give him his retirement money to invest in this company and he lost every red cent we were never reimbursed for the thousands that we had invested. Run from this scheme as quick as you can it is a rip off.

    Liked by 1 person

  6. Cecil Payne says:

    This article is very accurate.
    AL Williams rode my father, a very prosperious respected business man to the grave. One lie after another. He was a top regional RVP sales person bringing hundreds of thousdands of $$ to A L Williams and their upper line mgrs until they took all his clients away one day and gave them to another SRVP. He was told good job, here is your top sales plaque, now start all over again. His widow now gets a check for $6.42 cents a month from his commissions. Wow are they grateful or what? For all he had done for them this is her reward. She waits until she gets 2 or 3 checks accumalated and then deposits them all at once to make it worth her while, Our family says Run Run Run as fast as you can.
    Once a RVP sees this and realizes that she is getting some money they will probably go after that also,
    They will be judged by God to pay for their sins!

    Liked by 1 person

    • nextaxpro says:

      AL Williams and all the conAmerica artists will stand naked before the Lord Jesus Christ and be confronted with ALL of their abominations. They will be hurled in the Lake Which burneth with fire and brimstone forever and forever and ever and ever! Revelation 20:10-15. Rocky https://nextaxpro.wordpress.com http://www.facebook.com/Nextaxpro http://twitter.com/Nextaxpro

      Liked by 1 person

      • nextaxpro says:

        You haven’t show proof to any one. You are a filthy liar!! Thou shalt not bear false witness. If you don’t repent, you will wind up at the Great White Throne and have to face the LORD JESUS CHRIST with a huge Lake of Fire awaiting you. Get saved today! Repent and believe and you will make up your mind to be the greatest exposer of conamerica yet. Do it! Any time, conAmerica is exposed, an apologist appears immediately because he is being paid to LIE LIE LIE!!!! Ever notice that the exposes have been taken off ripoffreport.com ? conAmerica PAID ripoff report to do that dastardly abomination!

        Liked by 1 person

      • nextaxpro says:

        Why are you so desperately defending a pyramid? You’re being paid to do it!! Repent!! Turn or burn!! Thank you for admitting you’re brutish all the way around. You are being paid by fraudulent conAmerica to tell lies!!! We all know conAmerica is a pyramid scheme and ALL who pay in to it are regarding as CUSTOMERS TO BE TAKEN, NOT as reps or vips!!! Therefore, thou shalt not bear false witness. Repent of all your abominations and tell the world you will work 18 hours/day to expose conAmerica to the entire world. By the way, A.L. Williams and conAmerica have not paid a nickel in restitution nor for all the time I put in to this hopeless, sickening rathole.
        6. Your Securities (investment) commission is HORRIBLE….. there is NO WAY you could live on it alone .. add it up.

        Like

    • nextaxpro says:

      Thank you for admitting you’re brutish all the way around. You are being paid by fraudulent conAmerica to tell lies!!! We all know conAmerica is a pyramid scheme and ALL who pay in to it are regarding as CUSTOMERS TO BE TAKEN, NOT as reps or vips!!! Therefore, thou shalt not bear false witness. Repent of all your abominations and tell the world you will work 18 hours/day to expose conAmerica to the entire world. By the way, A.L. Williams and conAmerica have not paid a nickel in restitution nor for all the time I put in to this hopeless, sickening rathole.
      6. Your Securities (investment) commission is HORRIBLE….. there is NO WAY you could live on it alone .. add it up.

      Liked by 1 person

    • nextaxpro says:

      Thank you for admitting you’re brutish all the way around. You are being paid by fraudulent conAmerica to tell lies!!! We all know conAmerica is a pyramid scheme and ALL who pay in to it are regarding as CUSTOMERS TO BE TAKEN, NOT as reps or vips!!! Therefore, thou shalt not bear false witness. Repent of all your abominations and tell the world you will work 18 hours/day to expose conAmerica to the entire world. By the way, A.L. Williams and conAmerica have not paid a nickel in restitution nor for all the time I put in to this hopeless, sickening criminal abomination!!
      6. Your Securities (investment) commission is HORRIBLE….. there is NO WAY you could live on it alone .. add it up.

      Liked by 1 person

    • nextaxpro says:

      That’s your problem. Everyone does but you!!!

      Liked by 1 person

    • nextaxpro says:

      A.L. William, conAmerica and ALL of their apologists will really sizzle!! I wonder if this happened to Bonnie Dorman, my rvp. Her husband was hurt because she was working herself to death. Only to have all of her clients taken away from her. Plus, A.L. Williams – conAmerica LIE LIE LIE: they tell you that you HAVE TO pay rent for an office space!!!! When you sell life insurance, you work out of your car. https://nextaxpro.wordpress.com
      http://www.facebook.com/Nextaxpro

      Liked by 1 person

  7. Adrian says:

    warburg pincus invested 10million dollars to check us out if we were legit and we are than they invested 230million dollars to the company

    Like

  8. Steve says:

    I got involved with this A.L. Williams bullshit back in the 80’s. I went to this big dumbass pep rally meeting, where all the people were hooping and jumping around like a bunch of idiots. And this dude that was the guest speaker was telling them all how great this program was and how much money they could make from it. I think I paid like $90 “to get in”. I told the guy who was going to be my leader or whatever, to give my back my money and I got the hell out of this crap. I could see then that this was a scam. Oh yea, they had this book and you were supposed to just drop in on people, especially close friends, and show them how great it was to have this term insurance and just maybe sucker them into joining the group also. What a load of shit. I would not piss on AL if his throat was on fire. STAY FAR AWAY FROM ANYTHING TO DO WITH THIS OUTFIT!!!

    Liked by 1 person

  9. nextaxpro says:

    Now then, in regards to illegal aliens coming illegally, demanding “free Obama medical care”, you don’t ever THINK of coming here illegally. And most of you don’t know this, but, from 1924-1965, there was no immigration allowed at all. The purpose was to assimilate the immigrants whom had already come. They wanted to become Americans – think like an American, be an American. There is NOT ONE illegal alien who desires to become an American. Matter of fact, nowadays, the immigrants maintain their stink, weird customs, misbehavior, atrocities, sarcasm and so on.

    Liked by 2 people

  10. nextaxpro says:

    Don’t you dare use any profanities, obscenities, raucous slander, taking the LORD’S Holy Name in vain, or any other filth, you sodomite!! If you believe the LIES you tell, restitute to me the 45M that A.L. Williams owes me for the mental stress, humiliation, wasting my valuable time, etc. Got it? Get it! See you at the Great White Throne if you don’t get saved. Saved, means saved from Hell, because that’s where you’re going if you don’t get saved!
    https://nextaxpro.wordpress.com
    http://www.facebook.com/Nextaxpro
    https://twitter.com/Nextaxpro

    Liked by 1 person

  11. nextaxpro says:

    And Gary who? Read, read, read BEFORE you fall for this pyramid scheme that will take ALL of your assets, your loved ones assets and leave you penniless for life!

    Liked by 1 person

  12. toolbelt says:

    Any Primerica reps who are told they own their business should check out Primerica’s website and see the following fine print;
    “Ownership of a Primerica business is only available if a representative fully qualifies under the Ownership Program by meeting and remaining current with all eligibility requirements as set forth in the Ownership Program Document and various policies and procedures of Primerica Financial Services. (Primerica)”

    Suffice it to say, you need 3 RVPs under you and all 4 of you must be making huge quotas. Only 1/10 of 1% of all reps in their entire history from 1977 ever qualified.

    Liked by 1 person

  13. Bradford says:

    I’m not that much of a online reader to be honest but your sites really nice, keep it up!
    I’ll go ahead and bookmark your website to come back later on. Many
    thanks

    Liked by 1 person

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