Job and Recruiting Scams: Primerica
Do you have a resume posted online? If so, you have probably, sooner or
later, received an email from Primerica.
It takes a bit of digging before you find out that Primerica is a
multilevel marketing organization. They're not really offering you a
job... just an "opportunity", of course to make lots of money. It is certainly misleading, and in our
own experience, there was NO correlation between the resumes posted and the
The first tip-off is that they want you to come to an introductory meeting,
where there will be lots of other "interviewees". When have you ever been
contacted by a company for a legitimate job and told you will need to come on a
Thursday evening to a meeting with a group? One person who wrote in saying
he works for Primerica, says these agents are acting on their own, in violation
of company rules (see the post below).
However, the Atlanta Better Business Bureau's website records 65 complaints about this
Primerica in the past 3 years. The BBB says the complaints are resolved, so
if you do go, and want your money back, call the BBB. See
And you want to try to sell (what we think are) overpriced products to your friends and
family, go on to the meeting. But don't say we didn't warn you!
Comments About Primerica
Here are some comments we've found on the internet from others:
- Just a quick comment. I went to a Primerica meeting last week because
my friend is doing this work part-time, and was very excited about it. My
impression of the Primerica business is that it unfairly exploits
disadvantaged, lower income people, and that it is a pyramid scheme that
should be illegal. People should learn other ways to make an honest living.
Just my two cents, and you can blast away because I don't frequent this
board but was interested to see if anyone else out there felt like this
business was a dishonest way to make a living. (http://www.deferred.com/wwwboard/messages/8454.html)
- In early March, 2005, I was contacted by the Regional Vice President in
Oklahoma City who had been "given my resume'" and was contacting me about an
interview for their "Marketing Division". I went in the next week for the
first interview, then my husband and I were "invited" back for the
"interview" on Thursday night. When we walked in and realized what was going
on, we should have left, like we saw others do. But we stayed, and listened,
and asked questions, and heard others ask questions that were never fully
Now, I'm trying to get back the money I paid to get licensed, since we
discussed it more afterwards and decided not to do it. First I contacted the
Regional VP, who turned me over to another guy whose "team" I was on. The
second guy said he would "take care of it". After waiting almost 3 weeks, I
contacted him today to find out where it stood on my refund, and he said
"you need to call the corporate office". I've now placed three calls and
sent a fax making a written request for my money.
I should have know better than to even THINK something like this was a good
thing, but I would have thought when I requested a refund, they could have
been honest with me from the beginning and told me I had to go through the
corporate office. Instead, I've waited all this time for nothing. It just
makes me glad that I never gave them a list of people to contact! If anyone
from Primerica contacts you, BE AFRAID, BE VERY AFRAID!
- About 6 to 8 years ago I went to an informational meeting about working
for that company. When I arrived the meeting was packed with people. We
listened to a presentation about how wonderful this company was, and what
terrific products they had.
After the presentation there was a brief question and answer period, then we
were told to line up to get an appointment to be interviewed by the company.
Well I learned during that presentation is that you keep less than 20% of
your commission (with no salary and no benefits). It was nothing more than a
pyramid scheme in the financial industry. I hightailed it out of there. But
there were plenty of people who stayed and were happy to let Primerica
pick their pockets.
Emails in favor of Primerica
- February 7, 2007, Warren writes:
I have read some of your scam reports regarding Primercia. I am a rep
with Primerica and do not support nor does the company support or endorse
any deceptive recruiting tactics. These agents that are setting people up
for a "job interview" are being deceptive. it isn't right and they should be
reprimanded for what they do.
I am sorry some of your respondants have had bad experiences. Don't the
whole by some of it's parts. There are always a few in every business that
mess it up for everyone else: car salesmen, insurance companies, oil
companies, telemarketers, lawyers, the list is long and includes every
sector of American business.
PFS is a business opportunity and a great one at that. Primerica, a
division of Citigroup, offers a wide variety of financial services to middle
class America. The market most forgotten by Wall Street.