Primerica (part of Citibank) rip-off! They wanted my money for bogus reasons. Munster Indiana*UPDATE: Primerica recognized by Rip-off Report a business opportunity well worth considering - it's not for everyone but many representatives make solid commission incomes. Primerica takes appropriate action against representatives conducting themselves improperly, pledges 100% commitment to customer service.
I had my suspicions this isn't the first time I have been offered such an opportunity, but since this one was a short drive from my house I figured I'd give it a shot, since I've been out of work for a while. The lady that called me, said it was a management opportunity, and that she had pulled my resume. She didn't want to get into details on the phone, said she wasn't allowed to, RED FLAG #1. I figured being out of work I'd attend the seminar and give them a chance.
I attended the seminar it all sounded legit, however I was shocked at some of the people that were recruited. There were about 30-40 people, and out of them only 7 were properly dressed in business attire. Others had fat gold chains, low rise jeans, belly tops, and even baseball caps. RED FLAG.
There was sort of an anti-college atmosphere there. Now I'm not saying college is for everyone, it is not, and I don't think poorly of those who didn't get the opportunity, for if I had not received a scholarship I wouldn't have been able to afford to go, but at the same time I wondered why I was invited. I was a recent college grad, graduated top of my class with a B.A. in Communication.
Also I noticed in spite of the anti-college atmosphere, they wanted to help families set aside money for college, another contradiction. I also noticed they were anti-credit card, though they are part of Citibank, yet another contradiction. More RED FLAGS.
Then came the $209. Valerie, who gave this presentation said, Yes Primerica could actually cover this cost, but why don't we?. Well we all wondered the same thing, except for one obvious plant in the audience who said, you need to have a personal stake. Val agreed.
Keep all of this mind because when I had my second interview more contradictions occurred. I almost didn't go to the second interview but I had a lot of questions for these people and I demanded answers.
For my second interview I was interviewed by the husband of the lady that called me. This interviewer had lived in Germany, England, India, Atlanta, GA, and now Schererville, IN. Another RED FLAG, is he on the run or something?
He gave me basically the same presentation Val did, and answered my questions, though he seemed a little irritated whenever I asked them, and I asked a lot. He then laughed at me when I asked if they provide insurance and other benefits to their agents.
He then asked me, I bet you can't think of any other company that has 14 people making 3 to 5 million a year. I told him, Any pro sports team has about that, heck look at the New York Yankees. He also then asked me stupid questions like, How many zeros in a trillion?, and Do you know who Albert Einstein is?
Then I questioned him about the $209 as a personal stake, and how I thought personal stake should be the time you put in, not monetary. He told me that what Val said was wrong, she should've said it was to cover the background check, and schooling fees, more contradictions, more RED FLAGS. Most employers conduct background checks without any cost to the potential employee. In fact the Adler Planetarium in Chicago is an example, and they don't have anywhere near 1 TRILLION DOLLARS.
Then I inquired which job site his wife pulled me from, I'm listed on several. He said, No no, we don't do that, we get people from the phone book, or from this sheet here that was passed out at this morning's seminar from other invited people. Wow so even he and his wife can't keep their lies straight. How professional is it to get people to handle finances from the phone book? RED FLAGS GALORE.
He then wanted me to give him $209. I have an iron wallet, especially since I've been out of work so long, so I told him, I don't have the money. He then wanted me to give him the names of friends that could use their services. I said, all my friends are doing just fine. Then he asked about my parents I said, They are doing fine. He was now a little angry that I wasn't falling into his little trap. I told him I'd think about it over the weekend.
Then I came across this site, and it confirmed all of my suspicions of corruption. I also noticed those that PRO-PRIMERICA people are very defensive, and just back up their claims with petty comments, and the company line. Even the guy who claimed his parents were saved by Primerica said he wanted to give all of the opposition a Thrashing.
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