• Report: #194268

Complaint Review: American Income Life - Altog Orlovic

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  • Submitted: Thursday, June 01, 2006
  • Posted: Thursday, June 01, 2006
  • Reported By:henderson Nevada
American Income Life - Altog Orlovic
1771 E Flamingo Las Vegas Nevada 89119 U.S.A.

American Income Life - Altog Orlovic employment scam ripoff unsuspecting agents Las Vegas Nevada

Rip-off Report Investigation: American Income Life / National Income Life join Rip-off Report Corporate Advocacy Business Remediation & Customer Satisfaction Program and submit to independent investigation. American Income Life / National Income Life pledges to resolve all legitimate complaints and address any issues from the past, present and in the future. Waco Texas, Nationwide


1Author 0Consumer 0Employee/Owner

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I am a former employee of american income life insurance under the Altig Orlovic agency.

I have never been the victim of a scam until now. I worked there and was promoted to a manager. But not because of the job I was doing but to allow my supervisor to move up. |If this sounds like a pyramid scam it must be. So I asked them if tis was a pyramid scam and they told me "no" and they did not want to hear about this again.

|To make a long story short, I invested alot of my own money into the what they called my business. Not knowing it was not my own business at all. I lost my retirement and alot of time to make up over this loss.

This is the scam. Agents are hired when they come up with $112.00. when they work the company and management get the largest cut and then management recodes all the agents production to their selves so the agents sees no renewels and ends up owing the company money. The agents get frustrated and leave allowing the two head fat cats Mr altig and Mr Orlovic to reap alot of profits.

I have seen literally hundreds of new employees come and go in a year. Something is wrong there . When I left there were 6 people.

Mike
Henderson, Nevada
U.S.A.

This report was posted on Ripoff Report on 6/1/2006 11:35:19 AM and is a permanent record located here: http://www.ripoffreport.com/insurance-companies/american-income-life/american-income-life-altog-o-99643.htm.

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