I came across a critical review of Premier Financial Alliance on a Scam Reporting website – DirtyScam.com, titled ‘PFA is not an insurance company but an MLM scheme’.
DirtyScam allows anonymous submission of complaints from angry consumers and victims of scams. Since the website is hosted offshore (probably in Russia or India), we take this (negative) review against Premier Financial Alliance with a pinch of salt.
Here is what the review says –
Premier Financial Alliance or PFA is an MLM company. Their game starts when you show interest for their recruitment process. They bring in higher management to teach you the life lessons and how to become a millionaire. People like Jack Wu runs the show and allure people in paying their entrance fee which is $135.Like every other MLM scheme, they show you pictures of expensive cars with them and the trips they have taken and at last, will say that you can achieve all that too. This is how they attract people in paying. They do not say anything about how is this possible. But, they ask you for the entrance fee before making any remarks or giving you the training for becoming a millionaire.They even declare themselves as competitive and genuine as Amway and other companies as such. In short, they are nothing more than just smoke and mirrors. And, this fee in not refundable. When I attended their seminar, I understood what they were selling. They were good at selling expensive dreams but that was it. My friends joined their program only to realize that they wasted their money.But, as they did not have a refund policy, they never were able to recover their money. None of the products that this company sells is ever underwritten by them. However, they are underwritten by other companies and they only are the sales partner.You can buy these products directly from the company itself instead of wasting your money with marketing companies like PFA. If you will check the cost, you will know the difference in the price you are paying for the product available at cheaper rates from anywhere else.The bigger question is, they are only sales representatives and not advisors. They do not have the license to do so. And, if they are advising you, it means they are going against law and you can report them to the finance authority.I have posted this report because these guys scammed my friends and are already scamming many others for joining their unreasonable and fake plans. I want everyone to know what company this is.If you think that they are going to make you rich, you are mistaken. They will take away whatever you have. Have you seen entrepreneurs asking for selling their products? Does any of the huge companies with great entrepreneurs ask you to pay them for something that you have not used? Or, do they lie to you and pretend to be something else when they are not? These all concerns raise big questions against PFA. There is no way you would ever know what they are upto until you are stuck.After only you pay them, they ever tell you their mantra for becoming a millionaire, but by then it is too late to go back. Hence, do not let this company utilize your money for their profit. You would only be at loss. They are never going to make you rich. Only they earn and become rich.
In case you don’t already know (assuming you came to this page by Googling ‘Premier Financial Alliance scam‘, or ‘Premier Financial Alliance review‘, Premier Financial Alliance is listed under the category Business on DirtyScam.com.
Here is the rest of the contact information for the sole purpose of identification –
- Address: Woolridge Road Sprouses Corner VA 23936
- Phone: +1 888.867.6533
- Website: http://www.pfaonline.com
- Severity of Scam: High [not sure what it means]
- Reported Loss: 200 $ [unsubstantiated]
- Reported by: Anonymous [obviously]
The entity Premier Financial Alliance was awarded 1.18 / 5 Stars based on 22 Reviews.
It is difficult to ascertain whether Premier Financial Alliance is a Scam, or Legit, based on this single review. In the coming weeks/days, I will try to research deeper into Premier Financial Alliance, analyze and list more critical reviews and identify a pattern (or lack of) to substantiate the claim mentioned above.
Regardless, until then, we give the benefit of doubt to the reviewer and list Premier Financial Alliance as someone you need to avoid (for now).
If you have any grievances, complaints, or anonymous tips against Premier Financial Alliance, please contact us immediately. If you have lost money to Premier Financial Alliance, together we can work to recover your loss.
