Primerica Reviews on Glassdoor

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People researching multi-level marketing (MLM) company Primerica seem to end up on this blog. I wrote previously about the fake job interview that is really a recruiting session for Primerica, some of the scammy aspects of Primerica, and one former Primerica representative’s story. I even get Primerica reps emailing me to tell me how awful…

Primerica Income Disclosures

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Primerica sells insurance and investments through a multi-level marketing structure. Some call Primerica a scam or a pyramid scheme. Primerica representatives sometimes seek out new recruits with unethical practices, such as fake job interviews. A former Primerica representative shares her experience here. Primerica Income Disclosure 2008 Primerica Income Disclosure 2009 Primerica Income Disclosure 2010 Primerica…

Primerica Financial Services: The Fake Job Interview

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Primerica Financial Services is a multi-level marketing company that sells life insurance and investments. I’ve written about Primerica in the past, questioning whether Primerica is a pyramid scheme, and whether PFS is a scam. The bottom line is that Primerica sells legitimate products and services (life insurance and investments), but sells them at inflated prices…

The Pyramid Scheme Aspect of Primerica Financial Services

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I ran across a blog that did a series examining Primerica Financial Services, a multi-level marketing company that purports to sell financial products. While the company does offer life insurance, investments, and other financial products, like a typical MLM… they’re really out there selling the opportunity. The name of the game is endless recruiting. The…

Primerica Financial Services a Scam?

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Over on my consumer awareness site, Pink Truth, I have put together a few articles about Primerica Financial Services. Like Mary Kay, Usana, and Mannatech, Primerica is a multi-level marketing company (MLM). The big difference, however, is that these other companies have a tangible product for sale, and many of the abuses come from loading…

MLM Income Disclosure Statements

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A collection of annual income disclosure statements published by multi-level marketing companies, continuously updated. Last updates done 11/26/20 to add new statements for DoTerra, Herbalife, Isagenix, Mannatech, Melaleuca, NuSkin, Send Out Cards, Shaklee, and Stella and Dot. Some MLMs release income disclosures or earnings disclosures. These numbers are not required to be disclosed in the…

Herbalife Under FTC Investigation? Or Not?

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Today the New York Post reported that Herbalife (HLF) is under investigation by the Federal Trade Commission (FTC), and that has sent the stock price down more than 10%. The newspaper bases this story on a Freedom of Information request done by the newspaper. It says, regarding consumer complaints received by the FTC: The FTC…

MonaVie: Scam or Not?

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The scheme: Typical multi-level marketing company, using the guise of “direct sales” to make the business look like a legitimate retail venture. The reality is that it’s nothing more than a recruiting scheme like Usana, Mary Kay, Arbonne, PrePaid Legal, Primerica, Herbalife, United First Financial, and so many other companies that make big promises to…

Irresponsible reporting about Usana by The Associated Press

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In an article today about the Usana Health Sciences (NASDAQ:USNA) buyout offer by Myron Wentz (Gull Holdings), the following inaccurate statement was made: The Securities and Exchange Commission concluded during the first quarter USANA’s marketing model is not a pyramid scheme, but the stock has a short interest about 34 percent, meaning many investors are…