A Former Primerica Representative’s Story

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This woman says that Primerica Financial Services representatives lie and misrepresent the business opportunity to others  in order to get them to join and stay an active part of the plan (even if they’re not making any money).

Hi. My name is Anne and I was a Primerica representative (full time) for about 7 months (from May ’07 to December ’07).  I ended up in a multi-level marketing job in Primerica as a young adult.

I like what the company stands for and stuff (as far as helping families with their products), but it’s such a difficult position to be in.  A lot of your success is based upon how many people you know.  I knew the products backwards and forwards, became a decent sales person, was able to conquer most objections, but because I didn’t have a big warm market to start out with, I sucked.

When I first joined into the company, I was promised that everything was easy and I’d be making as much if not more than I was at my full time steady desk job… so I quit my regular job because at the time when the opportunity was presented to me, it was a “regular” paying job just with very flexible hours. Continue reading

Why Multi-Level Marketing Companies are Pyramid Schemes

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Bill Ackman and Pershing Square produced an educational video about multi-level marketing companies and how and why they are pyramid schemes. Yes, I often hear:

  • “Pyramid schemes are illegal!”
  • “If XYZ Company was a pyramid scheme, the government would shut them down!”

Yes, pyramid schemes are illegal. No, our government generally doesn’t shut down pyramid schemes masquerading as multi-level marketing. Continue reading

Roca Labs Lawsuit Theories

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roca-labs-lawsuitRoca Labs is no stranger to ridiculous litigation. Last year, Roca Labs filed lawsuits against a multitude of companies and individuals in an attempt to silence critics. Essentially, the company sells a sketchy product called Gastric Bypass No Surgery. Roca Labs claims it is an alternative to gastric bypass surgery, but it has questionable results, and some people have even said it is dangerous. There are plenty of people alleging that Roca Labs is making false claims about its product, thus the company seems to truly earn the label of scam or fraud.

Roca Labs wants to stop customers (and others) from discussing their negative opinions of the company and the products. The company says critics have damaged is reputation, but I submit to you that Roca Labs itself damages its reputation.

Roca Labs filed suit against me in Florida, using a couple of theories that they thought were novel. Unfortunately for them, those two litigation theories have already been tried against me and were shot down by federal courts at both the district court level and the appeals court level.  Back in 2010, Medifast Inc. filed a $270 million lawsuit against me (and others) in U.S. District Court in the Southern District of California. I was dismissed from that case by the district court. Medifast appealed, and the appeals court upheld my dismissal from the case. Counsel for Roca Labs could learn a thing or two from that case. Continue reading

The Eyes Have It: Seeing the Signs of Fraud

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Would you recognize the clues that your client has been ripped off by one of its employees? Or would management conduct business as usual, blindly trusting their employees? Companies make the mistake of not actively searching for fraud. They tend to trust their employees and trust the procedures in place to safeguard company assets.

It may be good business to trust employees and empower them to make real contributions to the growth of the company. However, it is not wise to turn a blind eye to signs that a trusted employee may be stealing. Continue reading

Food Babe Scam: Why Vani Hari Is a Fraud

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vani-hari-food-babe-fraudA few months ago, I wrote here about “Food Babe,” the persona invented by Vani Hari. She is a pretend expert on food, blogging about supposedly dangerous additives. Some call her a “food activist,” but the truth is that she is paid for bringing paranoia and hysteria to her cult-like following.

I believe Vani Hari is a complete fraud for a multitude of reasons. The most compelling include:

Suspended Marquette Professor Responds

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A month ago I wrote about Marquette Professor John McAdams and his criticism of teaching assistant (and graduate student) Cheryl Abbate. Essentially, Abbate told a student that discussion of opposition to gay marriage equaled homophobia, and would not be allowed in her classroom. That seemed to be an unfair restriction on speech to Professor McAdams, and to me.

Last week, following the end of the fall semester, Marquette University suspended Professor McAdams with pay.  The school doesn’t want this to be called a suspension, instead saying that he is relieved of all teaching and faculty duties. I initially thought this was a move by Marquette to make it look like they were taking some action, so the Abbate supporters would be appeased. It seemed unusual that he would be suspended during winter break, as no teaching goes on at that time. However, I understand that all of Professor McAdams’s classes for the winter semester have been canceled, so this appears more serious than I originally thought. Continue reading

Jennifer McKinney (MckMama) Update… Another Foreclosure!

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Jennifer McKinney Mugshot

It has been quite a while since I have written about professional con artist Jennifer McKinney, known by some as MckMama from her blogging days. Previously, we have discussed her bankruptcy fraud (debts NOT discharged and forever payable by her thanks to her dishonesty about her income and assets), her repeated lies about paying off her debts, and her shilling for Xyngular (a multi-level marketing program which peddles crappy and possibly dangerous diet supplements).

Despite bragging repeatedly that she makes $30,000 per month with Xyngular, Jennifer Howe Sauls McKinney now has entered a FOURTH foreclosure on a home. Previously she lost three homes to foreclosure :

  1. 316 W. 2nd Street, Chaska, MN – Purchased 8/30/04 for $210,000; Notice of Foreclosure 12/2/08
  2. 6016 Beachwood Road, Mound, MN – Purchased 6/30/07 for $465,000; Notice of Foreclosure 2/5/09
  3. 14464 98th Street, Becker, MN – Purchased 8/28/09 for $485,000; Taken by bank 4/19/11

In the past, MckMama has bragged about how they stopped paying the mortgage and instead “saved” the money to buy another house. No doubt she is doing the same thing this time around. Continue reading

Herbalife’s Fake Business Opportunity

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MLM bussines structure.In a video released this week, Pershing Square (the hedge fund that exposed the Herbalife fraud) contrasts Herbalife’s public statements about the “business opportunity” with the statements made behind closed doors.

Herbalife claims to offer “the best business opportunity on the face of the earth.” But the reality is that it is an opportunity in which you are almost guaranteed to fail, with 96% of distributors making less than half of what is earned by employees making minimum wage (per the video). Despite Herbalife executives and high level distributors publicly repeating how lots of money can be made, the numbers really look like this (according to the video): Continue reading