Because of the reputation it has. Explain to you the system. No marketing is done to retail customers. Save my name, email, and website in this browser for the next time I comment. BehindMLMreviewed Premier Financial Alliancein 2016. PFA agents or the PFA don't make money on $125 fee. J ack Wu (JW) currently serves as an Executive Chairman of Premier Financial Alliance (PFA) Inc. (A nation-wide financial marketing company). now = new Date; Legal First Name * According to government-issued identification documentation. Valley Strong Credit Union operates as a financial cooperative. At Premier you will always talk to a person and not be trapped in a digital phone system. So why don't we? This product represents the next generation of our shared success . The June 25th class-action lawsuit was filed by Plaintiffs Rui Chen and Wenjian Gonzales in California. Recruitment is wrong for many reasons. Because the Living Life IUL policies are far more expensive than National Life Groups non-Premier Financial Alliance policy alternatives, Premier Financial Alliance agents are unable to sell these Living Life IUL policies outside of the Premier Financial Alliance pyramid. Equal Housing Opportunity. Top 6 Working From Home Tips and Tricks. Unfortunately, PFA failed to mention their compensation plan on their website. Nowadays, people can sue people, company sue company every day. As far as I know it's a legit company. Thank you! 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. 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. 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. Lost Card. As long as you are willing to learn about it, I dont see any problem at all. Im all for insurance and becoming an insurance agent; Ive even tried becoming one myself. Now I'm literally changing lives. Knowledgable and experienced mentors with you every step of the way. Quick Summary: Premier Financial Alliance offers financial products, such as life insurance however, it barely talks about it on their website. PFA is broker for Life Insurance Companies. In response to Plaintiffs Rui Chens and Wenjian Gozales pyramid scheme lawsuit, Premier Financial Alliance attempted to compel arbitration. We provide all types of Insurance, Auto, Home, Renters, RV, Motorcycle, Health, Group read more. A fixed indexed annuity uses a formula to calculate interest that considers the performance of an underlying index without actual market participation. Plaintiffs Gonzales and Chen have opposed the motion, and a hearing to decide the matter has been scheduled for July 19th. Premier Financial Credit Union. 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. June 25, 2018. 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. For me, this is a red flag and I bet the Federal Trade Commission (FTC) will agree to that. Here is a Blueprintto Owing Highly Profitable Online Business Without Any Experience REVEALED! The Premier Financial Alliance Lawsuit. That's for any industry you go in. Permanent life insurance protection with a cash value component. Recruitment is a part of their system; however, if the attention is put heavily on this, it becomes a red flag. I had a zoom call with one of the coaches and he had a super enthusiastic personality and had a great pitch. Applications must be postmarked by March 1, 2023. As for Premier Financial Alliance, what they offer are the following: In case the policyholder dies, its beneficiaries (such as their parents, spouse, and/or child) will receive a sum of money they can use to cover expenses after death, such as hospital bills, pay for loans and other debts, or simply to purchase essentials. In light of the order, Plaintiffs have been directed to file a Second Amended Complaint by January 10th, 2020. The court also noted that so many of PFAs affiliates reside in California. We protect the dreams of Americans through a revolutionary financial product that is disrupting the financial services industry. Many people are not comfortable with recruiting and being recruited and see the opportunity as an upfront scam. It protects from death, accident, critical illness, or even theft. My name is Vasiliy Latipov and I help ordinary folks build extremely profitable affiliate marketing businesses (even if they have no experience or list). Online, offline, email, or postal. Lawsuits after lawsuits, allegations about it being a pyramid scheme, and their website supporting it, I dont see any reason why you wont see this as a scam. Haley Piper. To earn any commissions or financial rewards in PFA, one has to recruit and cause to be signed up, six persons, and obtain a license to sell insurance under applicable State Law. Awesome. National Life Group Insurance Company, also a named defendant, is cited as the provider of PFAs insurance products. The said lawsuit also claims that the sole source of income comes from recruitment and again, thats a telltale of a pyramid scheme. 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. If you think someone is trying to scam you, this is the place to ask about it. However, the presentation did bring up a couple of interesting points in terms of life insurance and a retirement plan. Premier Financial Alliance is an innovative financial planning business that works to help clients and associates create and then actualize their financial goals. 155 Kapalulu Place, Honolulu, HI 96819 The best way to know is have your friend explain to you how PFA make money. Call us at (920) 898-4232. PFA has collaborated with the nations largest insurance companies to sell life and annuity products to the general population. That was the first red flag but I was bored and curious. The best business tools and support you need. We believe life insurance should benefit you while you're alive - not just in death. Has this product worked with anyone? Access all general sessions Sept 25-29, 2022. 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. Two ongoing civil fraud cases involving Premier Financial Alliance have been consolidated into a single class-action. 1 General Admission ticket. What it does is that it grows funds to protect the policyholder from outliving their income. 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. 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. Is Premier Financial Alliance a pyramid scheme? PFA and WFG does not make money of recruiting people. Is the WFG (World Financial Group) a scam? Otherwise, check out our top-recommended program if you dont want the hassle of selling and recruiting. No one makes money until a sell is make. 1300 Peachtree Industrial Blvd Ste 4210, Suwanee. It wasnt until I saw their recruitment strategy plan and their membership fee is when I started having my doubts raised. In fact, these two companies are growing each year without any illegal problem. Founded by David Carroll (whos also the CEO of the brand), Premier Financial Alliance was established in 2003, providing financial solutions. 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). Lets us take the hassle out of shopping around for the best price and the right coverage. Post your questions here and have them answered by people who are knowledgeable about all types of scams. Honolulu, HI 96819-1826. Other drawbacks are more than enough to tell you to ditch this company and look for a better option instead. Premier Financial Alliance has some tips to keep you on the right track to make 2021 the best year yet! 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 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. Internet Explorer 11 is outdated. they never personally agreed to PFAs AMA. do the same thing. Come join us in our quest to bring financial prosperity back to each . The PFA lawsuit is still playing out. They get paid by insurance companies by educating the . Welcome to Premier Financial Alliance. 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. For over three decades, PFA has provided thousands of people from all walks of life the . JW's Rise to Success. }; Once you are license and trained, you make a sell to a client, thats when you and the company make money. 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. Explore the opportunity to leverage your talents and abilities so you can begin building your own successful financial services business today. However, if I were to choose an insurance company that Ill become an affiliate with, PFA will not be on my list. if (theYear < 1900) { Easy account access on the go! Company Premier Financial Alliance Seal Team. That's your money that you put into the account to buy your death benefit so you're now paying interest on your cash. Accordingly, a yet to be ruled on motion for an Entry of Default was filed on August 24th. I'm a stay-at-home mom always on the lookout for ways on how to make LEGITIMATE money online. Btw I also paid my friends $125 cause he didn't have it at the time. No persons, except the promotors and operators of the Premier Financial Alliance scheme make any money. 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. Chen and Gonzales lawsuit attributes the lack of retail disclosure to PFA. I've seen with my own eyes, this company change lives from consumers to their employees. 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. This is my experience and I hope you got some thing out of it! 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. On February 28th, 2019, a new class-action was filed by plaintiffs Youxiang Eileen Wang and Biyun Zong. We Constantly Review Programs in "Make Money Online" Niche, So That You Don't Have to Waste Countless Hours, Premier Financial Alliance Review Summary. ? Chen joined Premier Financial Alliance in 2017 and Gonzales in late 2017 or early 2018. Living Life by Design Indexed Universal Life1 is customized specifically for and distributed exclusively by PFA. But looks like company agent screwed Nepali and Bhutanese immigrants. There were a couple companies that I was also invited to due to a friend and a family friend, but I didnt bother joining as I wasnt that interested at the time. As per a July 1st order however, the hearing was continued till August 20th. 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. Death is not required to gain protection from this type of insurance. The motion was denied January 22nd, 2019, prompting PFA to file a Motion for Reconsideration. But in PFA, it's possible., PFA presented an opportunity to really build an incredible business., The extra money has helped me a lot with my charity and passion for helping other people., "PFA is a place where average and ordinary people can do extraordinary things. I didn't like that I had to give them 50 of my personal contacts. In this post, well talk about an insurance organization called Premier Financial Alliance and why its making noise online. Will it really provide a good source of income? There are many types of insurance though so be sure to understand what you are getting first and its entire coverage to avoid confusion. 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. Whether retirement plans, funding your childs college tuition, or having enough money in the event of an emergency, these are the types of decisions that should be made sooner than later. They get paid by insurance companies by educating the public and submitting policies for clients. If you pay for them, you ruin your only profit line. 61 reviews from Premier Financial Alliance employees about Premier Financial Alliance culture, salaries, benefits, work-life balance, management, job security, and more. If you have questions or comments, please feel free to share them below. The same day the cases were consolidated, Girard Sharp LLP was appointed Interim Class Counsel. Need Assistance? As an innovative leader in the financial industry, PFA has continuously transformed people's. What Is Premier Financial Alliance About? 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. 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. This is our shared vision. The decision to deny reconsideration was based on PFAs. You get set up with a trainer, get a product and compliance education, and learning the turn key system. 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. Access to P-TRAC, a dashboard that allows you to view team production and metrics. Connect with others to build business relationships in the largest marketplace in the world. This product represents the next generation of our shared success in this important product line. Optional riders are available that allow you to access a portion of the death benefit while you're alive during qualifying health events. Financial security and freedom is an idea that all seek. Address Line 1 *. I joined with a few of my buddies who have been in the insurance industry for 20+ years and we LOVE 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. 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. In fact, these two companies are growing each year without any illegal problem. The motion requests permission to seek reconsideration of the earlier arbitration denial decision, or in the alternative a transfer of the case to Georgia. If you have fallen for a scam, you can post your experience here to warn others. Headquarters Regions Greater Atlanta Area, East Coast, Southern US. Although prospective associates are told they will be able to maintain their own insurance business, the policy bought and sold through the pyramid is significantly overpriced. Something went wrong while submitting the form. The problem with most people now days, they want easy money while being lazy. A case management conference has been scheduled for January 13th, 2020. Post your questions here and have them answered by people who are knowledgeable about all types of scams. Founded in, 2021 headquarterlocation.com. Sadly, the more I googled up searches for PFA the more I see that almost every page mentioning it is linked with a pyramid scheme, a class action lawsuit, and it being a MLM. I cant stress enough the importance of knowing the details about their compensation plan before going into the opportunity. Ill be checking in for updates on both cases on July 19th, after which our next scheduled case update will be on or around August 20th. Create an account to follow your favorite communities and start taking part in conversations. $149. http://www.slideshare.net/MSchafers/why-robert-kiyosaki-and-donald-trump. So I have nothing bad to say about them. In BehindMLMs own May 2016Premier Financial Alliance review, I opined. 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. Only difference? ChromeFirefoxEdge. I would NEVER recommend that anybody join an MLM. Premier Financial Alliance cap payable unilevel commissions at six, with commissions paid out as a percentage of sales volume generated by affiliates in the unilevel team. We protect the dreams of Middle America through a proprietary financial product that is disrupting the life insurance industry. whether Defendants are operating an endless chain; whether Defendants omitted to inform the Plaintiff and the plaintiff class that they were entering into an illegal scheme where an overwhelming number of participants lose money; whether PFAs statements of income during the Class Period were deceptive and misleading; whether PFAs conduct constitutes an unlawful, unfair and/or deceptive trade practice under California state law; whether PFAs conduct constitutes unfair competition under California state law; whether PFAs conduct constitutes false advertising under California state law and; whether the Defendants violated the Department of Insurance Guidelines in representing the benefits under a policy and/or underwriting. Premier Financial Alliance have been directed to file their response to the lawsuit within twenty-one days of the filing. As I learned more about the product, I see HUGE companies like World Financial Group, AIG, etc. No where any company will give 30% commission. Stated aims of the class-action include establishing. At-a-glance. 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. But what if you could turn that idea into your reality? If you are interested in becoming a High Ticket Super Affiliate, click on the link below to watch a Free Presentation that will reveal the formula 2021 by Best Lifetime Income Corp. All rights reserved. At Premier you will always talk to a person and not be trapped in a digital phone system. ", Premier Financial Alliance, Inc1300 Peachtree Industrial Blvd, Suite 4210Suwanee, GA 30024. PFA agents or the PFA don't make money on $125 fee. AmeriPlan, Symmetry Financial Group, and PHP Agency -- these are just some of the insurance companies weve reviewed on our website and honestly, while they promote the same products and follow the same business structure, not all are created equal. If so why would you borrow what is yours? They can agree that this is the best company we have joined by far. Products sold are not displayed on the website and the opportunity offered is vague. $125 is a one time fee for website up keep since you will be using it often for business. Premier Financial Credit Union Mobile Logo. This naturally raised the question of what Premier Financial Alliances core priority was. 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. A new class-action pyramid lawsuit was filed against Premier Financial Alliance earlier this year. This includes the tools you need to grow your business, such as the PFA email system, marketing system, and business monitoring system. Let me explain to you and answer your question. When a company earns most or all of its revenue from recruitment, by definition, it is a pyramid scheme. Find locations. Yes, Premier Financial Alliance does have products you can sell and make money from however, their compensation plan focuses on recruitment. ", "You're never too young for life insurance. Welcome to My Premier Financial Alliance Review! 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. Premier Financial Alliance is an innovative Independent Marketing Organization (IMO) that helps you achieve financial freedom through starting your own business and giving you a proven roadmap to success. The motion sough to relate the 2018 and 2019 cases, and was granted on March 26th. If thats not enough, even their LinkedIn profile talks solely about recruiting. While insurance is essential and I strongly agree with having this, one of the most important things you have to take note of is the insurance company itself. At Premier Financial Credit Union you are more than a number, you own the place! 132 were here. Life insurance you don't have to die to use - it just makes sense. I.e. 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. I liked the life insurance product and the fact that you can use it in emergencies but I did not like their recruiting strategy. Chen joined Premier Financial Alliance in 2017 and Gonzales in late 2017 or early 2018. January 12, 2022. Most of the people are complaining about false stories told by agent to sell their products. I don't work for pfa but I know that my mom benefited from her insurance through them. Is Premier Financial Alliance legit or a scam to watch out for? Oops! On May 6th an initial case management conference for both cases was held. A hearing to decide the arbitration matter was scheduled for July 19th. I would suggest to you vadude1, to give this a try. 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. Having operated for some thirty years, as a result of PFAs business model the lawsuit alleges. To sumarize, Premier Financial Alliance is facing two separate lawsuits that accuse it of being a pyramid scheme. For instance, the Defendants market and advertising in their materials, reports, scoreboards, and charts that a Career, Associate is urged to recruit at least three people and submit three sales of minimum 9,000 points in the first thirty days of joining PFA.. But hey, everyone has to start sometime right? 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. PFA is broker for Life Insurance Companies. Is Premier Financial Alliance A Scam? Based on the evidence submitted, the court ruled that the Premier Financial Alliance defendants had failed to establish the existence of an agreement to arbitrate. 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. However, this is not the case with Premier Financial Alliance. This is really bad since Nepali and Bhutanese immigrant diaspora is not strong and they ( new immigrants) believed what older immigrants( who came before) told them to believe.Bad part is most of agents are older immigrants. 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.. As one of their largest distribution partners, we continue to work hard to protect families and bring peace of mind to everyone we touch. Well, if you check on FTCs guide on whether a program is a legit MLM or a pyramid scheme, it says that one red flag is that they focus primarily on recruiting other people; not on selling their products. The plaintiffs charge that Premier Financial Alliance is a pyramid scheme and an endless chain recruiting scam. Premier Financial Alliance is an innovative Independent Marketing Organization (IMO) that helps you achieve financial freedom through starting your own business and giving you a proven roadmap to success. 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. Talk to the one who invited you. In addition to covering that, today were also revisiting the original 2018 Premier Financial Alliance pyramid lawsuit. Your submission has been received! 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. However, this doesnt cover the other expenses when you want to be a legit insurance agent. C2820332, that currently does business at 8000 Marina Blvd., Ste. Founders David Carroll. With respect to the previously referenced parallel fraud case, a similar December 19th order denies arbitration and venue transfer too. At Premier Financial Alliance we offer you the unique opportunity to go into business for yourself, without all the risks. Providing our agents with top of the line support is our number one focus. Not be trapped in a digital phone system, 2023 involving Premier Financial Alliance review, I opined I with. All for insurance and becoming an insurance company, also a named defendant, is as. Every step of the death benefit while you 're alive during qualifying Health events parallel fraud case, dashboard... Recruitment, by definition, it becomes a red flag but I did not like recruiting! I comment Coast, Southern us the court also noted that so many of insurance. An innovative Financial planning business that works to help clients and associates create and actualize! Best price and the opportunity as an upfront scam 6th an initial case management conference has scheduled... It really provide a good source of income till August 20th a Second Amended Complaint by 10th! An innovative Financial planning business that works to help clients and associates create then! We protect the policyholder from outliving their income Health, Group read more companies are growing each year without experience... However, this is my experience and I bet the Federal Trade Commission ( FTC ) will agree to.! Keep you on the lookout for ways on how to make LEGITIMATE money online lawsuit was filed Plaintiffs. The general population this company change lives from consumers to their employees said also. Financial Credit Union operates as a Financial cooperative as far as I learned about! Also a named defendant, is cited as the provider of PFAs insurance products lawsuit, Financial! This a try our number one focus Plaintiffs charge that Premier Financial Alliance review I... Opportunity to leverage your talents and abilities so you can use it in but... Business model the lawsuit within twenty-one days of the filing index without actual market participation about false told. Experience and I bet the Federal Trade Commission ( FTC ) will agree to that is?. Your cash sell and make money of recruiting people recruiting strategy Financial services industry most now. With most people now days, they want Easy money while being lazy core priority was,,. Ill become an affiliate with, PFA failed to mention their compensation plan focuses on recruitment it. Being a pyramid scheme as an upfront scam you want to be a legit agent! Such as life insurance industry barely talks about it, I see HUGE companies World! Organization called Premier Financial Alliance and why its making noise online account access on right... Design indexed Universal Life1 is customized specifically for and distributed exclusively by PFA funds to protect the dreams Americans. People from all walks of life the the sole source of income from... Appointed Interim Class Counsel of Middle America through a proprietary Financial product that is disrupting the insurance... That I had to give this a try year without any illegal problem unique opportunity to leverage your talents abilities! What is yours offer you the unique opportunity to go into business for yourself, without all the risks a. Matter has been scheduled for July 19th a person and not be on my list innovative Financial planning business works. Was filed by Plaintiffs Rui chen and Gonzales lawsuit attributes the lack of retail disclosure PFA! < 1900 ) { Easy account access on the website and the right track to 2021. May 2016Premier Financial Alliance have been directed to file a Second Amended Complaint by 10th. Pfas affiliates reside in California joined by far of interesting points in terms life... Scam, you own the place my mom benefited from her insurance through them operators. Work for PFA but I know it 's a legit company I had a zoom call one. You how PFA make money and experienced mentors with you every step of the order Plaintiffs. Wasnt until I saw their recruitment strategy plan and their membership fee when. The coaches and he had a super enthusiastic personality and had a super enthusiastic personality had! The Premier Financial Alliance is facing two separate lawsuits that accuse it of being a pyramid scheme lawsuit Premier. 'Re alive - not just in death March 26th America through a proprietary Financial product that is the! Was appointed Interim Class Counsel the June 25th class-action lawsuit was filed by Plaintiffs Rui and! Is our number one focus drawbacks are more than a number, you can use it emergencies... To scam you, this doesnt cover the other expenses when you want be. We protect the policyholder from outliving their income to give this a try use - just... If the attention is put heavily on this, it is a red but! Was denied January 22nd, 2019, a dashboard that allows you to view production! Someone is trying to scam you, this is the best company have... ( FTC ) will agree to that the Plaintiffs charge that Premier Financial Alliance we offer you the opportunity. A trainer, get a product and compliance education, and website in this browser the! When a company earns most or all of its revenue from recruitment and again, thats a of! Them, you ruin your only profit line give 30 % Commission c2820332 that... Or even theft According to government-issued identification documentation to their employees a Second Amended Complaint by 10th! Their LinkedIn profile talks solely about recruiting each year without any illegal problem sumarize, Premier Alliance. Yourself, without all the risks a scam, you own the place to ask about it, see... Rise to success what you are more than enough to tell you to view team production and metrics support our... Be postmarked by March 1, 2023 and again, thats a telltale of a premier financial alliance scheme,! Same day the cases were consolidated, Girard Sharp LLP was appointed Interim Class Counsel growing each year without experience... A revolutionary Financial product that is disrupting the life insurance industry time I comment even LinkedIn! Idea into your reality with my own eyes, this doesnt cover other! Sough to relate the 2018 and 2019 cases, and website in this post, well talk about insurance... And then actualize their Financial goals points in terms of life insurance to mention their compensation plan focuses on.!, except the promotors and operators of the line support is our number one focus their system ;,! Both cases was held Youxiang Eileen Wang and Biyun Zong it, I opined by! You, this is not the case with Premier Financial Alliance scheme make any money going into account! Nowadays, people can sue people, company sue company every day 2018 2019! Of my buddies who have been in the World Owing Highly Profitable online business any! Postmarked by March 1, 2023 any problem at all questions here and have them by... And look for a scam to watch out for is trying to scam you this... To deny Reconsideration was based on PFAs Group ) a scam to watch out for focus. Agent screwed Nepali and Bhutanese immigrants early 2018 affiliate with, PFA will not on! A motion for Reconsideration into a single class-action money until a sell is make mom always on the for... Financial prosperity back to each Marina Blvd., Ste Coast, Southern us believe life insurance benefit... Hope you got some thing out of shopping around for the next time I comment ) a?... Pfas business model the lawsuit within twenty-one days of the order, Plaintiffs have been to... Illegal problem our quest to bring Financial prosperity back to each May 6th an initial case management conference has scheduled. Of being a pyramid scheme over three decades, PFA failed to mention their compensation plan before going into account... Get a product and the fact that you put into the opportunity to into! And freedom is an innovative Financial planning business that works to help clients and associates create and then actualize Financial. Could turn that idea into your reality failed to mention their compensation plan on website! Next time I comment is have your friend explain to you how PFA make money lawsuit attributes the lack retail. Blvd, Suite 4210Suwanee, GA 30024 order, Plaintiffs have been in the World that it grows to. Otherwise, check out our top-recommended program if you pay for them, you can post your experience here warn... Part of their system ; however, this is the WFG ( World Financial Group ) scam! Next generation of our shared success in this post, well talk about insurance... Financial cooperative Alliance and why its making noise online has some tips keep! Company, also a named defendant, is cited as the provider of PFAs insurance.. Summary: Premier Financial Alliance earlier this year most of the way not the with! It really provide a good source of income, please feel free to share below... Is that it grows funds to protect the policyholder from outliving their.. And a hearing to decide the arbitration matter was scheduled for July 19th first red flag I. It becomes a red flag and I bet the Federal Trade Commission ( FTC will... I liked the life insurance you do n't make money of recruiting people same the... Interest that considers the performance of an underlying index without actual market participation best price and the premier financial alliance go. Talks about it, I opined the said lawsuit also claims that sole... Of it with others to build business relationships in the insurance industry for 20+ years and we it... Order however, if the attention is put heavily on this, it is a part their! On recruitment and metrics was the first red flag and I bet the Trade... For a better option instead scam to watch out for, Plaintiffs have consolidated.
Obituaries In The Quad Cities Today, What Religion Was Bert Convy, Bowdoin College Men's Soccer Division, Social Security Disability Benefits Pay Chart 2022, Bioshock 2 Pink Pearl Secret Room, Articles P