Prepaid Legal Services Destroying Lives One Victim at a Time! Sacramento / Roseville California

Say in 30 to 60 days most if not all of those employees/partners will come crawling back after they realize that they have made a major mistake by buying into that PPL line of BS. Had to laugh, the other night my wife and I went to a what-a-burger. What do I see? Some old guy pitching PPL to some 20 year old girl. He had all that PPL paperwork all layed out on the table along with PPL placards glued to the side of his beat up, old SUV. Years ago, a gal I knew got me to sign up with PPL for a year. After joining, I read all the paperwork. Didn't amount to anything. When I mentioned it to my attorney he just laughed. He thought it was funny. What I can't understand is why your "firm" allowed anyone to approach ANY of your employees under the guise of some trumped up federal regulations. I get ads for all that federal regulation paperwork your suppose to display all the time at vastly inflated prices. You can buy them for next to nothing at just about any office supply store. I think I bought them for $20 and one company wanted $250. Their letter told me I could be in violation and could be fined up to $10,000 for each employee, IF I wasn't displaying them properly. What a line of crap.

Cory: While I appreciate your input and support regarding Prepaid Legal, I wish to make clear that the "Regulatory Matters" that Prepaid Legal is touting was not the same "regulations" that you reference. What they are attempting to address, is recent federal legislation resulting from the Fair & Accurate Credit Reporting Act, (FACTA), and the burden now placed upon many businesses with regard to the prevention of identity theft.

Under FACTA, almost any business entity that manages people's "private" or "personal" information, in the performance of their business services, must take specific steps to assure the protection of such information. Additionally, they are required to implement a company plan to mitigate "damages" to their clients, should such information fall into the wrong hands. Also, the company must designate a specific FACTA "compliance officer" for the company and ultimately train their employees with regard to the new FACTA legislation.

Prepaid Legal Services reps have now been trained to solicit business owners under the pretense of assiting them in becoming "FACTA compliant," as now required by Federal law. When the Prepaid Legal sales people perform this "service," they then ask the business owner(s) for the names and contact information for their clients and other vendors that they do business with. Their intent here is clearly to use the company's clients and vendors as sales leads AND to begin the Prepaid Legal recruiting process on EVERYONE that they come in contact with through such referrals.

Under the false pretense of bringing your company into FACTA "compliance" they immediately breach that trust and take your company's FACTA "protected" information, in order to solicit those same "protected" people for Prepaid Legal products. Additionally, they attempt to recruit those same company employees and clients for the wonderful Prepaid Legal "opportunity." These liars, cheats and theives; will then use whatever tactic that they can, in order to recruit YOUR STAFF for the specific purpose of leaving YOUR COMPANY, in order to become part of Prepaid Legal.

Sadly, the statistics are very disturbing. Over 70% of the people recruited by Prepaid Legal are never even able to sell a single Prepaid Legal membership. Over 90% of those brainwashed people are unable to sell more than 10 Prepaid Legal memberships once they become a sales associate for Prepaid Legal. Many of these people end up leaving their legitimate employers to pursue this bogus opportunity. Additionally, they end up defaulting on their own financial obligations, destroying their family and personal relationships and damaging their own employment history and references, all because they fell hook, line and sinker, for the Prepaid Legal hype. YOUR COMPANY also suffers the damages created by Prepaid Legal's attempts to recruit YOUR OWN PEOPLE away from your firm.

If you want to keep your employees, managers, partners, shareholders, investors, vendors, or anyone else doing business and working with you and your company; DO NOT let these Prepaid Legal "cult members" anywhere near your company. Your company can become FACTA compliant simply by going to the Federal Trade Commission website and following their directions on FACTA compliance related matters. Additionally, there are many other "Identity Theft" products that are far superior and cheaper than the Prepaid Legal "Identity Shield Plen" being sold at YOUR expense.

If there was ever a reason for a network marketing company to be shut down by regulatory authorities, this one takes the cake. The level of deception and the amount of damage created by Prepaid Legal's actions is unprecedented in this situation.

Disturbed in California,

Tony, The Legal Eagle

One of the major things I learned in college. When you do your research properly, you will find negative and positive about everything. Let's talk PPL specifically. Did you read what these magazines said about PPL: Money, Forbes, Black Enterprise, Fortune, just to name a few? Do you trust these magazines research? We certainly don't advertise with them. There is no money under the table.

Can you name another company that is endorsed by the President of the U.S. Chamber of Commerce, the President of the Black Chamber of Commerce, a former president of the American Bar Association, four former Attorney Generals. Do you really think they would risk their reputation?

Did you read the article in the USA Today, Section B (Money), August 22, 2007. If you believe in research, look it up. Mr Stonecipher's picture is on the front page between Jeff Bezos, CEO and founder of amazon.com and John Sperling, CEO and founder of Apollo Group, which operates Phoenix University. Find out why.

Do you even know who Robert Kiasaki is? He made the statement that PPL has the best compensation plan he has ever seen. Do you really think he is going to risk his reputation if PPL is a scam?

So, please, absolutely, DO YOUR RESEARCH! Go to our website. We tell you the good and the bad. There is just so much more to our story as a company. Every company is going to have a disgruntled employee or a customer that is not happy.

I'm not here to convince you that we are what we say we are. 37 years old. I would call that established. Traded on the NYSE. I would call that credible and an open book to our finances and practices.

Absolutely, do your research.

Law School taught me all that I need to know about the "research," that you claim that I failed to do. I've read the articles in the magazines that you reference as well as a recent one in Money Magazine, indicating that a consumer who purchases a Prepaid Legal product for "identity theft" purposes, is essentially wasting their hard earned money.

Perhaps you also missed the fact that nearly 50% of the consumers who purchase Prepaid Legal products cancel within the first 12 months. Perhaps you also missed how corporate purchases of large blocks of their own Prepaid Legal stock are all that is holding up the declining share value of Prepaid Legal stock.

Had you looked a little deeper into all of their hype, you would also discover that 90% plus of their new sales associates never break the 10 sale level before they terminate their relationship with the company. If you failed to discover that point, you also missed the fact that over 75% of their new sales associates never make even ONE sale, after paying the company for the "right" to become a sales associate.

Have you missed the fact that their recruiting efforts so far this year are down over 25% where they were during the same period last year? Did you also miss that their 2009 Q-1 sales are far below last year's as well. Not to mention the fact that the entire 2008 calendar year for Prepaid Legal was well off their stated targets and well below their 2006 & 2007 recruiting and sales levels?

Did you also miss the fact that the FTC just enacted new regulations that allow most of the businesses that fall under the Federal FACTA Regulations, to download a complete, FACTA Compliance Package from the FTC web site; showing step by step how to become compliant WITHOUT third party assistance? This FREE FTC download completely eliminates the need for Prepaid Legal's "Identity Shield" business product that is presently the backbone of what their sales associates are being trained to push. In fact, Money Magazine essentially blows the entire Prepaid Legal FACTA Compliance program, developed by Atlanta attorney John Gardner, right out of the picture due to the new FTC regulations.

It would seem to me that perhaps you need to do a little more "research" before you go attacking other people like myself, who live in a professional environment that revolves around, research, due diligence, compliance and disclosure.

Tony

I have been an associate for 18 months and sent many referrals to PPL. NOW I am trying to utilize the service and have just discovered how PPL sells their product to the law firms! The law firm has the right to consider the case a "Title V" (which is a one line sentence in the provider manual) which allows them to refer the case so that you can get a 25% discount! Read Title III, #7 under exclusions - they only have to take it if they think they can win! This is a very important part to the "Contract" that PPL provides - naturally the booklet tells you everything they will do - down to the very hours spent on the case ----and at the end at the bottom of the page is this exclusion. The law firm that referred me - told me 6 months ago when this first started that the company was definitely in violation of the landlord tenant laws and they would be happy to send them a letter regarding the matter! Now that time is of essence, they want to refer it! I'm looking for anyone with info regarding these activities of PPL. If you would like further info, please respond to this.

First off, THIS IS A PONZI SCHEME.

However, this is for SPUD

I noticed that you have responded to a lot of complaints with the same response. I mean word from word, it so clear that you must be in charge of PR.
However, some of us get paid to research. Like you said if you are going to state the fact you must state the good and the bad. You keep talking about all these magazines, which track what companies SAY they are worth. There are many ways to boost ones net worth. Just ask Donald Trump who was exposed for exaggerating about how much he is worth, and he has also been in these same magazines for years now. If I bought most of my own stocks, so investors would invest its fraud.

Lets do the math on this one ok…..and believe me it isn't rocket science.
If membership is declining as well as the number of people that actually stay with the plan, how are they making money? However, they make so much money. Not to mention things that one might need a lawyer for isn't covered, but of course one will get a 25% discount for legal matters that may take months to prepare or win. Why prepay for something that is going to let you down when you really need them to have your back. This is something to just pray on low income families, just like insurance companies. People pay and pay but when you need them they are never around.
Now I will mention that on their very own website they don't even list the terms and conditions. Why would I need to sign up before I can see them, unless there is something to hide? Remind me of those gifting scams that was going around a few years back, and by the way they are still around also with people still falling for them. The reason I bring this up is in their own fine print other than how they do not cover most things that you would need to hire a lawyer for, is the fact if anyone cancels their membership within that first year the rep (the person who sold it) has to repay the money they received from the sale with interest. Could it be that most people don't stay member after they realize that they really don't need the service.

Maybe you need to state the praises and shortfalls of a company before you talk about research. As you see there is always two sides of a story anyway.
By the way, has anyone Googled the company, there are over 100 suckers trying to push this service. Majority are sitting at home with their webcams, they are very unprofessional. Why would anyone want to buy anything on them?

If anyone wants a good review of this company go to Wallstrip website they give you the truth as well as survey people on the streets about the services, so Spud why don't you check it out I would love what you have to say about the product service you so love to defend.

P.S. this is a Pyramid/Ponzi scheme try researching that Spud. A True MLM has a product to offer, not a service.

Word of thought for everyone: How much do these lawyers get paid to provide free service to an individuals for the small amount of things they do cover. It just a way to get you to pay for a lawyer, because of course they are going to pass you on for a big case.

I mean isn't the whole point is for them to be there when you need them most. Think about it I can find what I need for free when it comes to a minor traffic stop. 9 out of 10, if you show up for court they will drop the ticket or reduce the fine. However, if I was to lets say receive a dui, most likely I will need a lawyer (depending on the number of dui). This is not covered in the prepaid legal service, you are going to have to come out of pocket, minus the 25%. They don't even cover chapter 10 for who might think this is covered.

My prepaid visa is more reliable.....maybe thats what people can do, buy a prepaid visa, and put your monthy fee on there. then you know that your legal services are paid for.