Scammed! (almost)

[Splunge]

As some you may know, I've been un-employed for a couple weeks now...

Last week I got a message on my machine from a guy saying he 'ran across' my name and was inerterested in interviewing me. Considering I send out about 30 resumes a week, I wasn't suprised when I called the number that the company wasn't familiar...IN FACT I couldn't even understand the NAME of the company! "pra--merka"

Anywho, so I finally go the 'interview.' Me and about 20 other poor souls, listen for over an hour on how to help people set up their financial future...blah...blah...blah.

As a business Minor most of it sounded familiar...

NOW....all I have to do is PAY $200.00 and they will hire me as an expansions manager! Then they show pictures of all the 'millionaires' in the company.....Luckily I ran. (when's the last time you had to PAY TO BE HIRED?!!!)

The company was PRIMERICA....just another pyramid scam...

When I googled 'primerica' this is the 4th link:

http://www.ripoffreport.com

If it sounds to good to be true......(you know the rest)

 

[DE_Wrangler_2]

That's the problem with doing resumes blindly............something we all wind up having to do at one time or another. I ran into it a little last year when I was unemployed for a while. Thanks for your post........it should be remembered by all. There are sharks out there in the sea.

Good post..............and good luck, Splung! I know where you are at.......it ain't fun but it will get better.

 

[Splunge]

Just finished reading some of the reports on www.ripoffreport.com about Primerica...since they actaully are a large company, they just use Monster.com and other job sites to get names.

Oh well...hope I save someone else the hour and half I wasted.

 

[4xchampncountin]

I actually worked for Primerica several years ago.

I never heard of anyone having to pay to get in. That sounds pretty fishy.

Anyhow, I did make a pretty decent amount of money doing it. But I realized that the only way to really make the big money for them was to get "downlines" who produced. I worked with people who were making 130,000 a year so I know it is possible to do so. But, the recruiting process is the only way to get the real money. It was also the part I didn't much care for. They usually don't use the name Primerica when they first contact you.

As I indicated, I did make some good money doing refinances and other things. It really was helping people and I was paid well for it. But, that in and of itself won't pay you the big money.

 

[samcurry]

splunge i had that happen about 2 years ago. I knew the guy personally. he isnt doing it now cause the money wasnt there. But i had the same thoufghts you did. why would i pay for someone to hire me.

 

[Splunge]

From the reasearch I've done (last night)...it's one of those Half Shady, Half legit businesses...

They DO offer financial inventory and consolidation plans, but their reputation is so-so on the quality of the plans offered as compared other financial advisors....

....this due largely because they're focused on recruiting non-financial based workers to grow the company and get more recruits. This is the pyramid bit...

4x is right, there ARE people making money...you CAN make a 'living' working there...But they recruit on the premise that you'll be making 100,000 in a year....so naturally people are willing to plop down 200. Unfortunately, most new recruits (i read 95%) don't ever make ANY money.

That's a lot of $200 checks...