Harvard Risk Management Corporation, whose CEO Mark Riches is also a Platinum Executive Director with Prepaid Legal/Legal Shield, is basically his Legal Shield company name. The products and pyramid/MLM scheme are the same, with the new addition of the Identity Theft product.
Random resumes are pulled from Career Builder for recruitment, where you are pretty much the customer. Then they will sell you access to their Career Builder account to recruit for yourself, and to the Safety Source database for leads, when only one person at a time can log in and they are actively working the leads themselves. There's a bargain for $50. Of course you need a policy of your own to speak from personal experience and to get full and vested commissions.
There are also numerous conventions, etc that you have to pay to attend, marketing materials to buy, etc. They quote large numbers in commissions, not telling you that it's advanced commission, and when a membership drops before the full year, you then owe them money. Considering that memberships drop almost as fast as they are acquired, and one report by Robert Fitzpatrick (an MLM and pyramid scheme expert) that listed that only 1.6% of sales people were able to sell more than ten memberships, that is a lot of money invested so you can owe them in the end.
Not to mention that when you rope friends and family, as pushed, into this, you are putting them in this situation.
Read on here the customer experiences of trying to cancel accounts and being charged months after cancelling, (search Prepaid Legal and Legal Sheild) not being represented by attorneys as promised, etc. . Then google the legal trouble of Prepaid and Legal Shield, the SEC investigations, the accounting problems, the lawsuits and guilty of fraud verdicts. Read Mr. Fitzpatrick's full report and the readily available information you need to make an informed decision before investing as a consumer or sales person.
Then read this group presentation script publicly available from the CEOs website, www.markriches.com, and compare the facts given there to the actual benefits listed on even Legal Shield's website.
Of course, those who drank the kool aid will jump to defend, and that's fine. It's what they are trained to do and need to believe for themselves. Don't take my word for it, or theirs. Do your research and make up your mind. If you are curious as to how the CEO would respond to these accusations of a pyramid scheme, check out his public response to that very accusation as posted Feb. 9, 2010 on the blog of www.successteamsite.com:
"Its your life and you only get one shot. But dont put down others that are pursuing their dreams through business, MLM, or any other form of enterprise. I say cheers to them all! Not everyone can be an owner. We need employees. We need people to work in the restaurants, and pick up our garbage and clean the resorts that my wife and I visit." - Mark H. Riches, CEO of HRMC