Usacomplaints.com » Miscellaneous » Complaint / Review: PMC Direct Insurance, PMC Wealth Management, PMC Bancorp - PMC is a Total Scam, Downey, Rowland Heights. #491412

Complaint / Review
PMC Direct Insurance, PMC Wealth Management, PMC Bancorp
PMC is a Total Scam, Downey, Rowland Heights

I worked for this company from January to July.

This company is a total scam. You will not make any money. After working for them for seven months & making Producer of the Month in March & always being among the top 5 producers every month, I made no money. I actually OWE them $ 5000 & I owe American General $ 954.00 due to an accounting error on PMC's part. I was given a draw of $500 per week for 8 weeks for being a top producer, & my commission structure was changed from 50% to 30% [ 20% to be deducted towards my draw] In June John Kim, the managing director began to remove my name from all my applications, replaced it with his own & began claiming 100% of the commission, which is illegal.

When I complained he terminated my appointment on July 20th. I will be taking up this matter with the Dept of Insurance & the Labor Board.

When I started with PMC in their Irvine branch Jan we had close to 40 agents & 3 managers. Today they have only 3 agents, who are desperately looking for another job. I have seen almost 60 agents come & go in the 6 months it has been my misfortune to work for these con men.

It will cost you $416 to get started with PMC, & $60 per month to use the software, a fact conveniently forget to mention in the interview.

They will make you work 60 to 80 hours a week, & in the end all you will have to show for it will be a debt of several thousand dollars.


Offender: PMC Direct Insurance, PMC Wealth Management, PMC Bancorp

Country: USA   State: California   City: Irvine
Address: 125 Technology Dr #100, Irvine, California 92618
Phone: 6264107401

Category: Miscellaneous

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