Primerica Financial Services a Scam?

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 participants with inventory they won’t ever be able to sell.

Primerica sells insurance (mostly life insurance), mutual funds, mortgages, and debt consolidation services. It appears that “debt consolidation” is the cash cow for the company, and it’s questionable whether consumers are really better off with the Primerica products than without. (i.e. The representatives are incentivized to push these products, even if it may actually cost the consumer more money!)

Read morePrimerica Financial Services a Scam?

A little linky love for the Sheboygan Police Department

Let’s all join in now, shall we? Here ya go, Sheboygan Police Department. Sheboygan officials must not be able to come up with any better ways to waste taxpayer money. In lieu of better ideas, they’re trying to get people to stop posting links to the police department. And no, I’m not kidding. The Sheboygan … Read more A little linky love for the Sheboygan Police Department

New York CPA Society a little late to the game

Fifteen years after his felony conviction for securities fraud, the New York State Education Department – Office of Professional Discipline is finally taking away Sam Antar’s CPA license. Sam pleaded guilty to three felonies in 1992. He didn’t renew his CPA license after that, assuming his license would be taken away anyway. When a CPA … Read more New York CPA Society a little late to the game