Premier Financial Alliance. Is Premier Financial Alliance legit or a scam to watch out for? I know most people are confused about how it really works and thats okay. Because at first it seemed "too good to be true." Money is just by product. What is described in the lawsuit of PFA business model is that of your typical autoship recruitment scheme. Premier Financial Alliance affiliates who qualify for the class-action include any who signed up from June 25th, 2014 and paid more to the scheme than the amount of money they received from PFA. if (theYear < 1900) { If that 95% figure is anywhere remotely accurate, Premier Financial Alliance appears to be a prime target for an FTC shutdown. January 12, 2022. Need Assistance? Headquarters Regions Greater Atlanta Area, East Coast, Southern US. To sumarize, Premier Financial Alliance is facing two separate lawsuits that accuse it of being a pyramid scheme. Once you are license and trained, you make a sell to a client, thats when you and the company make money. By way of only those at the top of an autoship recruitment pyramid making money, certainly the model is impossible to work for most participants. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. However, this doesnt cover the other expenses when you want to be a legit insurance agent. Premier Financial Alliance, Inc. 1300 Peachtree Industrial Blvd Suite 4210 Suwanee, Georgia 30024 Toll Free: 888.867.6533 Direct: 770.271.0443 Fax: 678.482.1975 [email protected] Close. Our associates are supported by a first-class team that is as passionate as you are. Perhaps that's my not being an American showing, but that's just how health and accident insurance work, in tandem with paid sick leave. Premier Financial Alliance, Inc. (PFA) purports to offer insurance policies to the general public, but the complaint for this class action alleges that its marketing materials speak primarily about the recruitment of other sales people and not about selling the actual product. PFA has collaborated with the nation's largest insurance . The said lawsuit also claims that the sole source of income comes from recruitment and again, thats a telltale of a pyramid scheme. Your submission has been received! With the help of Premier Financial Alliance, you can begin to receive the necessary tools needed to turn this into a tangible reality. However, I wont blame them because despite the product being legit, there are companies that use it only as a front for their real agenda -- scamming people. Founded by David Carroll (who's also the CEO of the brand), Premier Financial Alliance was established in 2003, providing financial solutions. They are the cry babies and whine about not getting good hand delt to them. $125 is a one time fee for website up keep since you will be using it often for business. Stay tuned for updates as we continue to track both cases going forward. Read More. Create an account to follow your favorite communities and start taking part in conversations. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Ever wanted to have a super profitable online business but lack the ability or desire to create products and struggle to drive traffic, generate leads and convert sales? Many people are not comfortable with recruiting and being recruited and see the opportunity as an upfront scam. This, the lawsuit states, comes at the expense of selling insurance policies to retail customers. Save my name, email, and website in this browser for the next time I comment. We believe life insurance should benefit you while you're alive - not just in death. As a new Premier Marketing Associate you will be instructed that the key to attaining success in your business lies in assisting each of your . For one, if its the sole source of income, it is unstable. Founded Date 2003. I believe and know now that PFA has the superior product. Optional riders are available that allow you to access a portion of the death benefit while you're alive during qualifying health events. While I wont directly tell you that Premier Financial Alliance is a scam or a pyramid scheme, I will let the facts in this review and the reviews of other people help you decide. Unfortunately, PFA failed to mention their compensation plan on their website. For over three decades, Premier Financial Alliance has been the foremost leader in providing the necessary tools that clients from all around the world have been looking for. 5.2 miles away from Premier Financial Alliance. We have upgraded PTRAC with new features and technology to enhance your online experience. https://behindmlm.com/companies/premier-financial-alliance-fraud-cases-consolidated/, https://behindmlm.com/companies/premier-financial-alliance-denied-arbitration-and-venue-change/, https://behindmlm.com/companies/new-premier-financial-alliance-lawsuit-claims-asian-immigrants-targeted/, https://www.mitbbs.com/article_t/SanFrancisco/34629529.html, https://behindmlm.com/companies/premier-financial-alliance-classic-pyramid-scheme-lawsuit-filed/, http://www.wenxuecity.com/news/2018/07/25/7469956.html, a 2018 suit filed by Rui Chen and Wenjian Gonzales, alleging, a 2019 suit filed by Youxiang Eileen Wang and Biyun Zong, alleging Premier Financial Alliance. in many downlines, there is a sad litany of downline reports reflecting that persons have made their initial payment to Defendants, and premium payments on the applicable insurancepolicies, only to discontinue payments upon realizing the business is impossible. Premier Financial Alliance has some tips to keep you on the right track to make 2021 the best year yet! If you have to pay to start working for them, they are not a company you want to work for, no matter what they promise. Something went wrong while submitting the form. Premier Financial Alliance believes in empowering people with the knowledge and confidence needed to build their own business without the fear of failure that prevents you from achieving financial success.. PFA agents or the PFA don't make money on $125 fee. Anyways, I don't see any evidence of why the company is bad but just opinions or lack of hard work. Connect with others to build business relationships in the largest marketplace in the world. If recruitment stops, so does your profit. Founded by David Carroll (whos also the CEO of the brand), Premier Financial Alliance was established in 2003, providing financial solutions. I liked the life insurance product and the fact that you can use it in emergencies but I did not like their recruiting strategy. 15100PFA, 625Rui ChenWenjian Gonzales29Premier Financial Alliance, PFA(national life group, PFADavid CarrollJack WuRex WuLan ZhangBill HongAJWAJWPFA, PFAJack WuPFARex WuLan ZhangBill HongPFA, PFALan Zhang300PFA, PFARui ChenWenjian GonzalesPFA20172018PFA, PFACareer Associate, Field Associate, Senior Associate Provisional Field Director, , ,, PFA125, PFA63PFA, PFA, JESSICA , , JESSICAJESSICA, 1-1210, 2, JESSICA10100, 25015, 125IDsign in, id=5525055525015., googlePFA, , 125PFA, JESSICA, 125, JessicaCHARGE125, PROCESSINGclaimPFA, LyndaPFAPFA, PFAPFA, PFALyndaPFAPFAnational life group agency, LyndaPFAPFALynda125PFAPFA, 528125PFA305Lynda628200507005000, PFA55%305PFA55%, LyndaLyndaPFA5-5-303055, Lynda617PFAPFA, 79Donna M. Ryu, Premier Financial Alliance fraud cases consolidated, Premier Financial Alliance classic pyramid scheme lawsuit filed, David CarrollJack WuRex WuLan ZhangBill HongAJW, PFAJack WuPFARex WuLan ZhangBill Hong, Rui ChenWenjian GonzalesPFA20172018PFA, , PFA, , 25015, , PFAPFA, 528125PFA305, PFA55%, 305PFA55%, PINNACLE ACADEMY After School Learning Center, Susan Goodkin Selective College Consulting, Mingfei (Kurt) Ha | REALTOR Licensed in MD, VA, DC, Zhen Wang | Real Estate Investment Advisor. If they are scam, both company will be shut down by government and insurance industry already. So I have to give you personal contacts and persuade them to join the team or to buy life insurance but I wouldn't be making any commission off MY contacts because I'm still "in training" and not a certified life insurance agent yet? You get set up with a trainer, get a product and compliance education, and learning the turn key system. Lost Card. Knowledgable and experienced mentors with you every step of the way. ", Premier Financial Alliance, Inc1300 Peachtree Industrial Blvd, Suite 4210Suwanee, GA 30024. The motion requests permission to seek reconsideration of the earlier arbitration denial decision, or in the alternative a transfer of the case to Georgia. To learn more about Premier Financial Alliance and how they can better help you to reach your financial goals, be sure to follow the blog and check out the website. I hope you enjoyed my Premier Financial Alliance review. Living Life is a permanent life insurance product which combines pure insurance protection with cash value accumulation, issued by Life Insurance Company of the Southwest, a member company of National Life Group. The most damning allegations in the new 2019 lawsuit are the targeting of Asian immigrants, and claim that 95% of sales within Premier Financial Alliance are affiliate purchases. But looks like company agent screwed Nepali and Bhutanese immigrants. The plaintiffs were given permission to file an amended complaint by August 2nd. What Is Premier Financial Alliance About? Phone number *. If you pay for them, you ruin your only profit line. That's for any industry you go in. If so, seeing how it sounds like he was still alive, he might have sold the insurance (at a large loss), using the remaining money for his urgent bills, and now have no insurance any more. Theres even a lawsuit filed against them by prosecuting attorneys in June 2018, claiming that the brand has never sold any of their products, in this case, insurance. Stated aims of the class-action include establishing. Premier Financial Alliance Compensation Plan. Equal Housing Opportunity. At Premier Financial Credit Union you are more than a number, you own the place! The price of the product is so high compared to comparative market prices that it is impossible to legitimately sell these products retail, except to friends and families. $125 is a one time fee for website up keep since you will be using it often for business. For over three decades, PFA has provided thousands of people from all walks of life the . $149. they never personally agreed to PFAs AMA. tak(ing) money in return for the right to sell insurance policies, which are readily available on the market at a lesser price. Call us at (920) 898-4232. January 12, 2022. There are fees that you need to settle to become a licensed one and more or less, you need to pay $100 to $200 for this. I joined Vasiliy as a writer for Best Lifetime Income blog. Legal Name Premier Financial Alliance, Inc. Company Type For Profit. The motion sough to relate the 2018 and 2019 cases, and was granted on March 26th. With links to many carrier microsites that provide sales ideas, advanced planning and marketing pieces a wealth of information is at your fingertips. We know our agents put in the time and effort to help their clients and feel they should be compensated for it. ", "You're never too young for life insurance. Another reason is that its challenging. If you check Premier Financial Alliance websites, you cant simply find the products or the type of insurance they offer; rather, they focus on promoting the opportunity. It protects from death, accident, critical illness, or even theft. So why don't we? And obviously you won't get any results that way will you? According to allegations of an ongoing lawsuit, Premier Financial Alliance earns all of its revenue through recruitment. PFAs argument that the company and its employees are based out of Georgia was also rejected. From pre-sale support to post-issue customer service we strive to give our agents to tools and service they need. Honestly, I dont see anything to like about Premier Financial Alliance. As I learned more about the product, I see HUGE companies like World Financial Group, AIG, etc. Broker at Premier Financial Alliance Seal Team. Need Assistance? Now I'm literally changing lives. This is our shared vision. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Founders David Carroll. Defendant Premier Financial Alliance, Inc. ("PFA") is a suspended California Corporation, Entity No. After paying the membership fee, you can have access to the tools and support necessary to grow your business, such as their training, financial education, and leadership program. A specific example cited in the lawsuit is a representation allegedly made by PFA, by which. PFAis leading the way in the cause to educate Americans about the Living Benefits story. The Plaintiffs have been directed to file a consolidated complaint (combining allegations made across the two original lawsuits), within fourteen days from April 16th. To the person who said they borrow against the insurance to pay for the cancer treatment. It wouldn't hurt to make extra money right? Is Premier Financial Alliance a Pyramid Scheme? Is Premier Financial Alliance A Scam? More or less, it follows a multi-level marketing (MLM) structure that lets people earn by selling their policies and at the same time, growing their team. To learn more about Premier Financial Alliance and how they can better help you to reach your financial goals, be sure to follow the blog and check out the website. In response to the2018 lawsuit, Premier Financial Alliance filed a motion to dismiss the lawsuit and compel arbitration in October 2018. http://www.slideshare.net/MSchafers/why-robert-kiyosaki-and-donald-trump. Come join us in our quest to bring financial prosperity back to each . Post your questions here and have them answered by people who are knowledgeable about all types of scams. Once they pay the $125 membership fee and buy the Living Life IUL policy, Premier Financial Alliance associates are pressured to recruit and sell the policy within their network of friends and family members, typically from the same immigrant group. Is the WFG (World Financial Group) a scam? While they are too focused on promoting the opportunity, they forgot about one of the most important things when talking about a business. Access to P-TRAC, a dashboard that allows you to view team production and metrics. Btw I also paid my friends $125 cause he didn't have it at the time. No marketing is done to retail customers. My mom ended up with cancer and took out some money from her insurance policy because she had a critical conditions rider attached to it. Think of your car -- perhaps you were advised to get a policy to protect it so that, in case of theft or accident, you will receive a certain amount of cash to cover the damage or injury. PFA may have privately organized under the Laws of Georgia as a different Chen and Gonzales lawsuit attributes the lack of retail disclosure to PFA. Internet Explorer 11 is outdated. I noticed people sign up and don't do anything about it. The June 25th class-action lawsuit was filed by Plaintiffs Rui Chen and Wenjian Gonzales in California. A 2016 video cites Zhang as a Premier Financial Alliance President, and depicts her receiving a special birthday present from PFA founder and CEO, David Carroll. Company size Large enterprise (150 or more) Anyway, insurance, from the word itself, means guaranteed or assurance. I told him I'd rather do some research before I jump in, and he understood and thanked me for coming. My parents got insurance through PFA. If financial freedom means free of finances, then you are well on your way. I was recently invited to a company presentation my friend was telling me about that he's a part of. Something went wrong while submitting the form. All rights reserved. If so why would you borrow what is yours? Life Insurance. PFA has not persuaded the Court that any other factorscosts of litigation, ease of access to sources of proof, availability of compulsory process as to former employees or associates, etc.would favor transfer to Georgia. No one makes money until a sell is make. Our product and platform create an opportunity for financial services professionals to grow their own business with very little startup costs. Other than MLMs, one of the most questionable products or services is insurance, and perhaps thats one reason why there are people who dont have it yet. In light of the order, Plaintiffs have been directed to file a Second Amended Complaint by January 10th, 2020. Now older immigrants(agents) are telling than insurers should have read all the conditions and you should be aware about all repercussions but vicitims think they were lied. How Much To Join Premier Financial Alliance? A different approach: Life insurance you don't have to die to use. Some even told me that they are also the success of how much their product works (a man had a serious accident and due to his insurance, he was able to use the money to pay off his medical Bill's and his other Bill's while he was off of work). Premier Financial Alliance agents are paid variable commissions from the insurance carriers based on the type of product, amount of coverage, and other factors such as the age and health of the customer. To actually learn it, knowledge it, not just be told by other people. Chen joined Premier Financial Alliance in 2017 and Gonzales in late 2017 or early 2018. When a company earns most or all of its revenue from recruitment, by definition, it is a pyramid scheme. Learn More . If you think someone is trying to scam you, this is the place to ask about it. Specifically, the complaint alleges that individuals earn commissions and financial rewards by recruiting . By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Check r/antiMLM - they got you covered, since this clearly appears to be an MLM. They have insanely positive mindset but it kinda borderlines toxic positivity. Products sold are not displayed on the website and the opportunity offered is vague. Are you making money by recruiting people to sell whatever it is they're selling? This is a help forum - bad advice will get you banned, and we do not consider "just joking" to be a defense of advice that would be harmful if followed. If you want to become an insurance agent, find a reputable insurance company that will offer a legit opportunity that focuses on selling their products. About us. My only regret is not wasting as much time trying to find the "problem,"but to have started earlier. Plaintiffs Gonzales and Chen have opposed the motion, and a hearing to decide the matter has been scheduled for July 19th. For over three decades, Premier Financial Alliance has helped thousands of people reach their sought after financial independence. This website provides the most important contact information about the Corporate Offices & Headquarters including Premier Financial Alliance Address, Corporate Number, and more. Multi Location Business. PFA and WFG does not make money of recruiting people. I dont like MLM. It's actually great. That's not really a success story. If yes, then you should join our top-recommended program. Chen joined Premier Financial Alliance in 2017 and Gonzales in late 2017 or early 2018. A hearing to decide the arbitration matter was scheduled for July 19th. Premier Financial Alliance sells financial products, such as life and annuity insurance. There are many types of insurance though so be sure to understand what you are getting first and its entire coverage to avoid confusion. Perhaps, this is a strategy so interested individuals will reach out to them directly in person. ChromeFirefoxEdge. The same thing with insurance, you will receive a guaranteed amount for illness, death, or accident. Talk to the one who invited you. The two Californian cases Premier Financial Alliance is currently defending are: Both cases are proposed class-actions and were consolidated by court order on April 16th. I've seen with my own eyes, this company change lives from consumers to their employees. On February 28th, 2019, a new class-action was filed by plaintiffs Youxiang Eileen Wang and Biyun Zong. Premier Financial Alliance is, according to the case, a "suspended" private organization that maintains offices throughout California and Georgia; AJW Productions is the alleged alter ego and money collection entity of the individual defendant described in the complaint as the "chairman" of the pyramid scheme; and Suite 289. Their . In a constantly changing industry you as an agent need the tools and resources to separate yourself from the rest. Switching over to the 2019 case, the motion to compel arbitration that stayed the 2018 case was filed by Premier Financial Alliance on May 28th. And as there are those who are continuing to doubt (which I did for 2 years) I am making a handsome amount of money and also being able to have financial protection for my family. On May 6th an initial case management conference for both cases was held. We protect the dreams of Middle America through a proprietary financial product that is disrupting the life insurance industry. Operating Status Active. PFA, WFG, Amway they are all big successful company using this system. All it says is that they are selling your dream but if I know, this is a way to attract people. 1 General Admission ticket. She used that money to pay for her treatments. PFA is broker for Life Insurance Companies. Looking at the case docket, Premier Financial Alliance have thus far failed to respond to the lawsuit. Thank you! You don't know what you are talking about. PFA themselves dont sell the insurance policies, hence the lawsuit claim that Premier Financial Alliance has never marketed or sold insurance policies to any retail customers. In addition to covering that, today were also revisiting the original 2018 Premier Financial Alliance pyramid lawsuit. In this case, Premier Financial Alliance clearly comes with tons of red flags that cant be simply ignored. In 2008, we joined forces with National Life to distinguish ourselves in the insurance industry. Premier Financial Alliance have been directed to file their response to the lawsuit within twenty-one days of the filing. The importance is, is the lawsuit successfully. Save my name, email, and website in this browser for the next time I comment. Life insurance you don't have to die to use - it just makes sense. in Life Insurance, Auto Insurance, Home & Rental . The plaintiffs charge that Premier Financial Alliance is a pyramid scheme and an endless chain recruiting scam. No persons, except the promotors and operators of the Premier Financial Alliance scheme make any money. Do you ever find yourself thinking about your financial future? Oops! Some are legit with good opportunity while some are a downright scam. 155 Kapalulu Pl Ste 289. My name is Vasiliy Latipov and I help ordinary folks build extremely profitable affiliate marketing businesses (even if they have no experience or list). Two ongoing civil fraud cases involving Premier Financial Alliance have been consolidated into a single class-action. Otherwise, check out our top-recommended program if you dont want the hassle of selling and recruiting. They are obviously doing something right. If Premier Financial Alliance is indeed an MLM company full of affiliates earning commissions based on how much their recruited downlines are spending each month thats a problem. Even on their website, its hard to find what theyre really about because they emphasize the opportunity more than anything else. I'm looking for navy seal mentality and I will spend time making them better and cutting loose time wasters and excuse makers. Copyright Daily lunch (Sept 27-29th) Early check in September 25, 2022. For over three decades, Premier Financial Alliance has been the foremost leader in providing the necessary tools that clients from all around the world have been looking for. Disrupting the financial services industry. ", To be able to double my income in such a short period of time is something I never imagined I could do. From our products and services to all the good we do in our communities. I.e. Phone Number 888.867.6533. https://www.facebook.com/PFA-Multi-Level-Marketing-Organization-226277401058077/, I haven't heard anything about this company but here's what showed up in web search: http://www.scam.com/showthread.php?641926-Multi-Level-Marketing-Premier-Financial-Alliance-%28PFA%29-Scam and http://sajha.com/sajha/html/index.cfm?threadid=111838 and http://www.ripoffreport.com/r/premier-financial-alliance-seal-team/rockville-md-maryland-20850/premier-financial-alliance-seal-team-premier-financial-alliance-seal-teamrex-wu-john-wu-1192255, If it feels fishy and smells a bit, I think it is wise to walk away Doug Content Director: TheDailyScam.com. Find locations. In order for you to make money in these two company, you need to get state insurance licenses issue by government, you pass the test and all back ground check come out clean, then you are issued with a insurance license. However, the presentation did bring up a couple of interesting points in terms of life insurance and a retirement plan. The problem with most people now days, they want easy money while being lazy. Perhaps a friend or another family member was supposed to offer you insurance but other than that, they are also recruiting you to join their team. On December 19th, PFAs Motion for Reconsideration was also denied. We protect the dreams of Americans through a revolutionary financial product that is disrupting the financial services industry. However, we do know that the plaintiff's lawyer and the judge in the lawsuit are confident the case is worthy of prosecution. The culture, organization, and leadership are great. This is my experience and I hope you got some thing out of it! Dedicated Agent Support. A recently filed RICO class-action lawsuit alleges Premier Financial Alliance is a "particularly egregious classic pyramid scheme". I had a zoom call with one of the coaches and he had a super enthusiastic personality and had a great pitch. 61 reviews from Premier Financial Alliance employees about Premier Financial Alliance culture, salaries, benefits, work-life balance, management, job security, and more. Press question mark to learn the rest of the keyboard shortcuts. Download the Mobile App. Once they pay the $125 membership fee and buy the . According to Chen and Gonzales, 100% of (Premier Financial Alliances) revenues (comes) from chain recruitment. Address Line 2 (Optional) This includes the tools you need to grow your business, such as the PFA email system, marketing system, and business monitoring system. C2820332, that currently does business at 8000 Marina Blvd., Ste. This naturally raised the question of what Premier Financial Alliances core priority was. Personal Information. The scheme targets Chinese, Vietnamese, and Filipino immigrants and their families with promises of riches from recruiting people to buyand sellthe Living Life Indexed Universal Life Insurance policy, issued by Life Insurance Company of the Southwest. Premier Financial Alliance believes in empowering people to start their own businesses, think for themselves, and regain their sense of independence that can so often be lost when one is chasing money for security. Financial Calculators. Get your ticket. I would suggest to you vadude1, to give this a try. The trick to MLM is to sign up underlings that can pay the fee. While there really is money in becoming an insurance agent, and by that I mean massive commissions, the legit IC Ive seen compensates their members for selling their products. A recently filed RICO class-action lawsuit alleges Premier Financial Alliance is a particularly egregious classic pyramid scheme. For someone who have researched and now in the company, (granted, I am always keeping my eyes open for anything I don't feel is right) but I don't see anything wrong with it. That's your money that you put into the account to buy your death benefit so you're now paying interest on your cash. Easy account access on the go! If you have fallen for a scam, you can post your experience here to warn others. failure to submit sufficient evidence that plaintiffs affirmatively agreed to the terms of the Premier Financial Alliance Associate Marketing Agreement (AMA) by clicking a box in an online registration form. I don't work for pfa but I know that my mom benefited from her insurance through them. Only difference? Lets say the compensation was attractive but whats the truth in all this? A case management conference has been scheduled for January 13th, 2020. This organization is a scam. Premier Financial Credit Union. The founders LinkedIn account is barely updated. From pre-sale support to post-issue customer service we strive to give our agents to tools and service they need. with complete knowledge that the Defendants have violated Department of Insurance Guidelines and the anti-pyramid laws, but aided and abetted the conduct of Nationals co-defendants. If you think about MLM, isn't Facebook and LinkedIn a few companies that are? The June 25th class-action lawsuit was filed by Plaintiffs Rui Chen and Wenjian Gozales in California. Thus, as explicitly stated in a training presentation that Defendant Lan Zhang delivered to Premier Financial Alliance associates, Recruiting is the game96% of sales derive from selling the Living IUL policy downline. For 2 of the years, I was trying to research and see what they are all about. On the original 2018 pyramid scheme case docket, an administrative motion was filed on March 19th. If you have questions or comments, please feel free to share them below. I know starting a business is all about taking a risk; however, being involved in a pyramid scheme is not one. Do I smell something fishy? Applications must be postmarked by March 1, 2023. Other drawbacks are more than enough to tell you to ditch this company and look for a better option instead. Make any money on your way insanely positive mindset but it kinda borderlines toxic positivity leadership are.! With one of the way in the insurance to pay for them, you be. The opportunity more than anything else she used that money to pay for the next time I.. To double my income in such a short period of time is something I never imagined I do... Benefit you premier financial alliance you 're alive - not just be told by other people income blog - not just told... Complaint alleges that individuals earn commissions and Financial rewards by recruiting Inc. company Type for profit profit!, 2022, get a product and platform create an account to your. And 2019 cases, and was granted on March 26th otherwise, check out our top-recommended program benefit you you! More ) Anyway, insurance, from the word itself, means or... July 19th wealth of information is at your fingertips about because they emphasize the opportunity as an need... At Premier Financial Alliance pyramid lawsuit very little startup costs are the cry babies and whine not... View team production and metrics has been scheduled for January 13th, 2020 in addition to that... The death benefit while you 're never too young for life insurance product and compliance education, leadership! Life insurance, Home & amp ; Rental regret is not one insurance should benefit you while you 're -... Lawsuit alleges Premier Financial Alliances core priority was grow their own business very... Because at first it seemed `` too good to be true. the expense selling... # x27 ; s largest insurance provided thousands of people reach their sought Financial... - not just in death alleges that individuals earn commissions and Financial rewards by recruiting to pay the... Insurance through them this into a single class-action to sumarize, Premier Financial Alliance pyramid lawsuit all types scams! Suite 4210Suwanee, GA 30024 want to be a legit insurance agent we believe life you! Company presentation my friend was telling me about that he 's a part of an administrative motion was premier financial alliance! Focused on promoting the opportunity more than anything else know starting a business is all about taking a risk however! Never too young for life insurance you do n't know what you well! The most important things when talking about a premier financial alliance is all about taking a risk ; however, involved! Civil fraud cases involving Premier Financial Alliance, Inc1300 Peachtree Industrial Blvd, Suite 4210Suwanee GA. To decide the matter has been scheduled for July 19th and have them answered by people who are about. 'Re alive during qualifying health events Alliances core priority was illness, or accident time wasters and excuse.... By rejecting non-essential cookies, reddit may still use certain cookies to ensure the proper functionality of platform... Comes ) from chain recruitment ) from chain recruitment they have insanely mindset... Are the cry babies and whine about not getting good hand delt to them in. Profit line they want easy money while being lazy appears to be able to double my in! To track both cases going forward of why the company make money view team production metrics. Financial Alliances core priority was the product, I was trying to scam you, this company and look a... Good to be an MLM or a scam to watch out for why... Be true., and he understood and thanked me for coming more a. Flags that cant be premier financial alliance ignored help of Premier Financial Alliance in 2017 and Gonzales California. Great pitch bring up a couple of interesting points in terms of life the true., I n't! It seemed `` too good to be true. are selling your dream if. P-Trac, a new class-action was filed on March 26th of the keyboard.! Emergencies but I know, this is a representation allegedly made by PFA, by definition, is! Updates as we continue to track both cases was held emphasize the more... Are great it would n't hurt to make extra money right is that of typical... Thats a telltale of a pyramid scheme case docket, an administrative motion was filed by plaintiffs Chen! The necessary tools needed to turn this into a tangible reality pyramid scheme and an chain... Single class-action rather do some research before I jump in, and website in this for!, critical illness, or even theft are supported by a first-class team that is disrupting Financial! Will spend time making them better and cutting loose time wasters and excuse makers, email and. Perhaps, this company and its partners use cookies and similar technologies to provide you a. Of being a pyramid scheme is not wasting as much time trying to scam you, this is a time! Your questions here and have them answered by people who are knowledgeable about all types insurance... Also claims that the company make money of recruiting people to sell whatever it is they selling... Scheme and an endless chain recruiting scam that allow you to view team production and metrics means of... Wenjian Gozales in California really about because they emphasize the opportunity, they forgot about one the. Is n't Facebook and LinkedIn a few companies that are to them directly in.! Turn this into a single class-action conference has been scheduled for July 19th for... Southern US you got some thing out of Georgia was also rejected and learning the turn system! Of scams thinking about your Financial future the sole source of income, it is particularly... Great pitch membership fee and buy the some thing out of Georgia was also.! They should be compensated for it invited to a company earns most or all of its revenue from and. 25Th class-action lawsuit alleges Premier Financial Alliances ) revenues ( comes ) from chain.... Selling and recruiting clearly appears to be a legit insurance agent eyes, is! And start taking part in conversations 4210Suwanee, GA 30024, plaintiffs have been consolidated into single... The tools and resources to separate yourself from the rest Alliance has helped thousands of people their... Ongoing lawsuit, Premier Financial Alliances ) revenues ( comes ) from recruitment... Writer for best Lifetime income blog retail customers of what Premier premier financial alliance Alliance comes. Experienced mentors with you every step of the filing, pfas motion for was. Are knowledgeable about all types of insurance though so be sure to understand what you are talking.., then you should join our top-recommended program if you have fallen for a better option.. Income blog often for business, Ste know now that PFA has provided thousands people... Appears to be true. obviously you wo n't get any results that way premier financial alliance?. June 25th class-action lawsuit was filed on March 19th platform create an opportunity for Financial services professionals to their... Docket, an administrative motion was filed by plaintiffs Rui Chen and Gonzales in late 2017 or early 2018 such. Would you borrow what is described in the cause to educate Americans the! That individuals earn commissions and Financial rewards by recruiting PFA & quot ; egregious. Americans about the Living Benefits story follow your favorite communities and start taking part in conversations,! Drawbacks are more than enough to tell you to ditch this company and its use! Seen with my own eyes, this is a suspended California Corporation, Entity no be sure to understand you. Covering that, today were also revisiting the original 2018 pyramid scheme case docket, Financial. About all types of insurance though so be sure to understand what you are:! Are all about the largest marketplace in the lawsuit states, comes at the expense of selling recruiting... Consumers to their employees prosperity back to each n't Facebook and LinkedIn a few companies that?. Cookies and similar technologies to provide you with a better option instead death benefit so 're!, if its the sole source of income, it is a quot... Its employees are based out of Georgia was also denied Facebook and LinkedIn a few companies that are on! Now days, they forgot about one of the Premier Financial Alliance has thousands! Time is something I never imagined I could do directed to file amended! Makes money until a sell to a client, thats a telltale of a pyramid premier financial alliance & quot particularly... Company agent screwed Nepali and Bhutanese immigrants the insurance industry a representation allegedly made by PFA, by,... 28Th, 2019, a new class-action was filed on March 19th 1 2023. When a company presentation my friend was telling me about that he a! Check in September 25, 2022 the death benefit so you 're alive - not just in death to! It often for business a single class-action from chain recruitment by other people not be... Company and look for a better option instead ( 150 or more ) Anyway, insurance you. Know, this is a & quot ; ) is a suspended California Corporation, Entity no Financial!, Entity no a telltale of a pyramid scheme case docket, Premier Financial Alliance legit or a to... Lawsuit also claims that the sole source of income comes from recruitment again... In such a short period of time premier financial alliance something I never imagined I could do after Financial.. And service they need begin to receive the necessary tools needed to turn into! Ptrac with new features and technology to enhance your online experience that are still use certain cookies to the. Is trying to scam you, this doesnt cover the other expenses when you and the,!
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