Mysterious Transamerica Pyramid Scheme Revealed (Part 1)

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▼ TOP 12 TRANSAMERICA PYRAMID SCHEME CLAIMS ▼
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“A pyramid scheme lures in new distributors by promising riches but most distributors will never earn a penny from the company.”

“Pyramid schemes eventually implode when they run out of new victims to recruit. The scheme continues as the company expands to new markets. As a result, it can take some time for the company to implode. The company needs new recruits every year to sustain its growth since so many people quit each year.”

“A pyramid scheme has recruiting people into the organization as distributors as the fundamental part of the Company’s growth strategy.”

“A Pyramid scheme doesn’t disclose the average costs associated with starting the business opportunity. This can mean thousands of dollars of unforeseen costs for distributors.”

“Pyramid schemes often use products and Ponzi schemes don’t. The product is typically an overpriced commodity and is often incidental to the business opportunity, but the product itself exists.”

“Upline distributors get paid as soon as the distributor beneath them buys product from the company. That clearly incentivizes distributors to recruit and in turn, ‘pays them’ to recruit.”

“Most people join the Company primarily for discounts on the products but are pitched primarily on the business opportunity with a Traditional Network Marketing Company.”

“Traditional Network Marketing Companies lead with the business opportunity, product sales depend on that opportunity, and ultimately sell an opportunity.”

“The return policy of a pyramid scheme is a convoluted, daunting process that few distributors know how to use. This can include hidden fees for restocking, shipping, and commissions.”

“A pyramid scheme expands the qualification methods to move up or maintain status in the compensation plan to make obtaining a certain status more achievable for lower income individuals and “level the playing field.”

“A company is deemed a pyramid scheme if the participants make money primarily from recruiting rather than sales to ultimate users.”

“Distributors can’t advance to the upper echelons of the company without recruiting distributors who themselves are advancing in the plan.”

Transamerica Pyramid Revealed
Transamerica is a financial services corporation that offers various health and life insurance products through associates and the "Pyramid" is located in San Francisco, CA. This is a little play on words, but we wanted to show the link between your health and finances while dispelling some myths about Transamerica.

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This guy looks like handsome squidward, not trustworthy at all

bossmanlcl
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I hate the kick drum in the intro song. Wtf

andrewdias
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Ok so I still don’t understand this pyramid scheme. I was hoping for hard facts

joylynch
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If you point the camera down, these guys are not wearing pants, not even shorts or underwears. After they finish their wfg promotion, they go hard on each other.

alphainfinitum
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this guys remind me of those Religious men who walk around with a tag and act all friendly and offer u "god's word" haha

gustavr
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I always take advice from weirdos who dress alike.

w_stew
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What you people talking about? Get to the point 🙄

springteen
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Do you think your health and finances are linked?

essentialoilsme
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My girlfriend left me because of a pyramid scheme.

PlutoniumSlums
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You guys are in love with each other! My clients that are earning $3, 000 to $5, 000 on interest every month have a different opinion than you 2 unethical manipulators.

juanaparicio
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When your video has more DISLIKES than LIKES.

incarswetrust
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Hey guys; 1st point is that the TA HQ is located in Cedar Rapids, IA not San Francisco, CA. Probably important to have a basic fact such as this correct if you wish to "viewed" as a credible, unbiased source!

bigleyfinancial
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This goes out to Tanner: 2:00-2:10 who on earth taught you that? Because I just went to a 12 hour event yesterday and not ONCE was a single statement presented that represented what you said there. It sounds to me like you were both poorly educated on the true potential of yourself and your investment into WFG or Transamerica.

mindstormzhub
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You two are not educated to speak on WFG. Let me interview you so you can have the correct information.

PAULICYMUSIC
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Smh lol these 2 obviously don't know how an insurance policy protects your money and wise man said never trust a man without a mustache.

BigBen
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You havent explained why it is a pyramid scheme. All you shared were an anecdote but no real description aid HOW it is a pyramid scheme.
Toy don't come across as knowing why, more like you just wanted the attention. And TA has been around for over 100 years so how do explain a "pyramid scheme" being around that long?

oliverflores
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do you have to wear that uniform for transamerica?

benjiebarker
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A little suspicious you two - both dressing just alike.

juliegalvez
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First off I don't work for Transamerica. Secondly Your mic Quality is trash. Third thing Stop downing a "pyramid Scheme" company and then promote someone to work under you when you work for dōTERRA Essential Oil business when that itself is a MLM and you make profit off signing someone to be your "Mentoree." GG bro

professorhonest