Usacomplaints.com » Business & Finance » Complaint / Review: Primerica - Shady pyramid business practices Ripoff. #130643

Complaint / Review
Primerica
Shady pyramid business practices Ripoff

Its very sad that I felt I had to get online and fill out a report about Primerica, because I honestly tried giving this company the benefit of the doubt.

It amazes me how this company seems to suck so many innocent people in. I was introduced to this company by getting a flat tire. The repair man who came, Mike, seemed very nice, I was on my way to work, and he made conversation as he changed my tire. He brought up a *great company* where he worked, but talked vaguely about it. He mentioned over and over again about all the people he helped. Mike *scheduled* an interview for the following Saturday.

But to my surprise when I got to the *interview* it was a business breifing. The 4 very enthusiastic speakers really made me think "wow this company seems great, but at the same time too good to be true". But, I was interested. The $199 payment upfront seemed a little shady, but I paid using my credit card, after all it was part of Citigroup, right?

Well after that Saturday, Mike called me atleast 1-2 times a day, making sure everything was ok and telling me the importance of recruiting people. However when I specifically asked what liscence it was I was paying the $199 for, no one gave me a clear answer.

Mike and his manager? Patrick pressured me everyday to bring people to the business breifing but *remember... Dont try to explain them the company... They wont understand...* they meant, let us brainwash them first before they have a chance. I brought one friend down at first, and honestly after sitting through that briefing again, I started to really doubt my decision, but I stayed optomistic, it was a great oppurtunity right? Screw college!

Luckily, my friend who is 7 years older then me and obviously wiser, found all these reports, and told me about them. I read them and actually found myself making up excuses because I almost wanted to believe it was as easy as they said to make money, but I did put things on hold with Primerica.

Luckily, (yes isnt that sad) I had a sick aunt and used this as my excuse to stall, but day after day I got calls from Mike letting me know how he was there for me even if it wasnt business related. Its amazing how hard they will befriend, but after all each person is just a dollar sign..

But after each meeting I had at Primerica, it became less and less about helping people and more and more about recruiting people to do the job for you so you make more money. I felt disgusted in myself after I tried pressuring just one person to join.

The worst part was trying to get out of the contract and get a refund, of apparently only $159 because they hold $40 for processing fees, but if they had actually let me read the contract instead of filling it out for me, I might have know that from the beginning. Although when I asked Patrick about getting a full refund on day one, he said there was no problem -its funny how they tell you anything to get you to sign up. But by the end I didn't even care about the $40 I would have paid them to just leave me alone.

I never took the classes and never got my liscence.

And, after 3 monthes, I finally got a full refund, its amazing how fast they back off after contacting the Better Business Bureau and the State Attorney General.

Now after speaking to coworkers, family members, and even Citigroup employees I have been warned about the shady practices at Primerica.

Looking back there was something creepy about each of these *men/scavengers* that I met at Primerica. I wasnt sure if they were trying to be father figures or cult leaders???

I am a 20 year old girl, I attend college and obviously I was a perfect target, but fortunately I am not stupid. Yes, probably 1 out of every 15 people do very well in Primerica, by ripping people off and brainwashing others to believe this is a legitimate company but I would rather be broke then involved in a business like Primerica.

And the question that has bothered me since the day I got a flat tire was, why was Mike still fixing flats when Primerica makes you millions???


Offender: Primerica

Country: USA   State: New York   City: Oakdale

Category: Business & Finance

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