Tweets. I thank you in advance of your anticipated good consideration. I finally spoke with the salesman (who just happened to answer the office phone). Get affordable life insurance quotes in minutes! While WFG claims it did not know the salespeople selling fake notes, the FDIC claims that the firm owed its clients millions of dollars in a lawsuit. Heres an article comparing WFG (which is a MGA) to an MLM https://www.moneymakeovers.ca/wfg-questions. (3) Gaeton So we took him up on the offer. When he completed the review, he had found where we were spending too much, the products we had that werent working and the ones that were, like my RRSP and our kids resps. Like any financial services business needs a license or any business to operate and why would triple a companies work with wfg if a scam? With that, i would like to warn all the companies who works with wfg( that's what they say ) that you guys should be more careful towards what they are working on and how or else you will ba facing a hard time. After two years of being with WFG, her earnings are a big fat zero. Ive also had some WFG people reach out to me directly, and the contract levels they have mentioned seem pretty in line with those numbers. We interviewed more than 100 WFG Stars. They've built a business that generates over hundreds of thousands yearly and are helping to take our. In the real world, that happens at every company. I can't go and beg people. In addition to the WFG lawsuit, several other life insurance salespeople were also disciplined by the MFDA. &
Another lie in high pressure to recruit. It gives everyone a fair chance to change their live, thier families and others through education plus, go through the legal steps. Now I see it. They've built a business that generates over hundreds of thousands yearly and are helping to take our company to the next level. Proud to be a agent in wfg. I know from experience that the online advice does not work. Powered by WordPress
He has helped thousands of clients get ahead financially, and has trained and developed hundreds of people to become successful brokers in the financial industry. When I try to call the company, there's only tape recorded information and you can't get through to live agents. WFG is a company that sells financial planning services. This article is incorrect. Both Eric and Sandra devote their commitments to loving and caring for their four children and inspiring and supporting each other in business. WFG was formed in 1991 and is based in Johns Creek, Georgia. Nice try at the review but. You can also search on a site like Money Coaches Canada for a fee-based advisor in your area. I have a total of 27 years in financial services. (Thats a long run-on sentence, lets not discuss it) My wife is a wfg agent and she built one strong leg. Firstly, how could you possibly know that, in any realistic sense? Shared with Public Follow Please join us in congratulating Eric Olson on earning his Gold level ring from WFG Elite Ring Club! Create a Password. login. No other life insurance company works off those principals. As someone who has worked in customer service for many years, I dream of a day where the negligent employee gets the blame, and not the company as a whole. Sure, maybe a small few, but lets face it. Whether youre a gamer or a fan of the [], Copyright 2023
Fair use is a use permitted by copyright statute that might otherwise be infringing. No word on that! The agents I met were self-centred and wealth oriented and had no intention of getting to know me or my familys needs, just wanted me to be another number on their chart. WFG Opportunity - Eric Olson LEGEND LEADERSHIP 2.41K subscribers 10K views 3 years ago FAIR-USE COPYRIGHT DISCLAIMER * Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance. WFG is an educational Base Company. so what evidence do you have Christ that WFG does not offer that compensation? But WFG is much larger than Greatway and has been around for much longer, so perhaps their compliance and legal team has done a better job than Greatways has. It also had inadequate Know Your Client forms that failed to accurately represent an investors knowledge, income, risk tolerance, and investment objectives. This was an ongoing practice that WFG continues to operate in. Unless, you do that to yourself in the process so, false. A WFG lawsuit against the company has been filed in a US District Court in New York. 2018 Siebold Success Network | Historic Bona Allen Mansion | 395 E. Main St. | Buford, GA 30518. But it obviously works, as WFG has a tonne of sales. World Financial Group Insurance Agency, LLC and Transamerica Life Insurance Company are affiliated companies. Previous Career: Federal Auditor, CPA, MBA & Nurse Instructor. Recently, he has become the most followed person in Eric Olson Wfg Net Worth - Phone Number, House Address, Wiki Read More In the World Financial Group case, seven brokers sold $1.4 million worth of fraudulent notes, scamming U.S. investors of their retirement savings. in bunkbeds in federal prison camps. And on the next day, I came to know about whole process and I feel this was knowledge and compliance fail on behalf of recruiter. I was as associate with wfg . My Why is to build Women Mentorship Centers around the world to empower women and girls economically to become financially independent. Your email address will not be published. WFG tells you to go out & educate & help. Have your guard up, and if WFG is pitching you something, dont be afraid to ask tough questions like what will you get paid in commissions on this product? They are legally obligated to tell you their financial incentive; if they dont reply, thats a big red flag. Feeling relieved I did not provide the corporation with any list of potential clients. A lot of WFGs sales come from its associates themselves. I believe there are so many other better options in terms of choosing a career or buying financial products. Carl doesnt tell you that 100s of companies are changing their approach to business using the exact platform & methods used by WFG. there are many flaws inherent in this publication. And who wants to end up in prison or paying fines to the government and a felony record? I will report them to the Better Business Bureau and will forever share this story with everyone I meet. Phone: 770.453.9300, Pinnacle Elite Headquarters: 2221 Oakland Rd, Suite 100, San Jose, CA 95131. And you dont have to know its a crime to be convicted. Eric N. Olson's Net Worth: $1-5 Million. When she told me something about how she could make millions in selling insurance, I didnt know what to said an said nothing. 2023 Wealthawesome.com. Build it Big, Build it Fast. Its really unfortunate that the author is slamming a company that encourages people to regain hope in taking their finances into their own hands and instead encouraging people to trust robo-advisors and policy generators.. 1. I wasnt interested in working for this company, but I was thinking about meeting with one of the people (an acquaintance) about how to help me get out of debt. I thought she was going to some general educational seminar of something. Only Bronze, Silver and Gold Members are privy to these valuable interviews, so sign up today. 1 At World Financial Group (WFG), giving people a chance is what we stand for. I was a WFG "agent" and I use that term loosely. Those commission levels go up as you get more competent true. Your article has misinformation and bias in it from what I see. My goal is to develop more leaders and my vision is to have my own self funded school overseas. With faith you can overcome anything! You are the one whos writing the article without the proof. Even ignoring all the negative connotations that come with MLM companies, Ill give you an example of why WFG is not a great place to work. WFGs marketing strategy targets the middle-market consumer. If you join the company as an agent, you will have the chance to earn an income and need to be licensed in order to sell any of these products directly. they are structured similarly. Check out lists like these for ideas: Instead of working at WFG, you can get licensed on your own to sell investment and insurance products and start working for an insurance or investment brokerage. Velazquez is a master of mental toughness. Always keep a clear long term focused vision. We have millionaire mentors that will empower you to reach your goals. As a long term customer of World finance and 9 successful paid off loans, I was appalled by the unprofessional conduct by Leslie and the VP of the company. Thanks If you purchase an insurance or investment product from them, you will receive the product. - There are other members of my team that I don't see anymore in my bubble chart. Some people use this platform to recommend products that are not good for the consumer in order to raise their own income, and WFG is not exempt from those people.. in fact, selfish and greedy people seek out WFG so they can make high income and quit before theres any chargebacks to be had and any licenses to lose.
Our vision, Laure and me, is to build an organization of 50,000 licensed agents across the nation, develop 100 millionaires through our platform and to help 10,000,000 families become debt free and financial independent with our products and services. I am in no way a closed-minded person, and have agreed to meet with them a few days from now. Its actions have caused thousands of consumers to suffer, but WFG has been able to settle the cases of a few of them. I now have the time freedom to make a difference in my community and create wealth for my family! Ive met several agents on a spectrum of not at all qualified to somewhat qualified. Ive also interacted with some fairly nasty ones as well. How about the millions of clients that are in a much better financial situation today! I also learned to persevere over fear, understand myself so I could understand people. Privacy Policy. Enter your Agent ID and Password. Entrepreneurs At Pinnacle Elite, you can build a family business that spans all 50 states, Canada, and Puerto Rico to create your very own American Dream. Many people have experience various levels of success with World Financial Group Insurance Agency, LLC. I was having a good day until I learned my mom wasnt just going to be selling health insurance. Saying it is fraud or commiting federal crime because you dont want to learn. WFG specifically trains you NOT to SELL. WFG is active in the United States, Canada, and Puerto Rico. Ive been blessed with my advisors but Ive also met some agents where Im glad Im not their client. My contact number is [protected], For further communication about this complaint, please reach me at [protected]. I want my money back. He is a strong man of faith and is married to Sandra Olson, his Chief Operations Officer (COO). Reports of high pressure to recruit other associates to work under you. I joined 5 years ago, when I joined, they told me after I become a SMD level contract, I would get 12% commission override for life. If you can avoid all of the bad agents at WFG (and there are a lot of stories about unscrupulous agents, see the comment section below or on my Youtube video for some horror stories!) Now I know why she said millionaires. I attended a presentation on August 5, 2017 and was pressured into becoming a sales rep. If you want to learn about other MLM companies that you might want to avoid, check out my Primerica review, or my Greatway Financial review. Eric Olson Wfg has become the most popular person by his significant works. All I can say for the outsiders looking in is; do your research, take everything with a grain of salt, and if you find hesitation in your decision, trust your gut. I am going to go into this meeting in a few days and write back on my experience. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Sign Up For the Broadway subway lawsuit Gift Card to Enjoy unlimited Online Television The first Subway Restaurant opened its doors in 19zees Square, and [], When it comes to divorce and family law matters, the residents of Newport News, Virginia are spoiled for choice. In the United States, life insurance and fixed products are offered by independent . Bizberg Themes, World Financial Group (WFG) Lawsuit Filed Last Year. You dont spread misinformstion to people then, see some others speak the same misinformation in your comment section. Log in. So, saying you would not touch any of the products or recommend to family and friends shows your arrogance of that ego. You wont have to worry about the bad reputation that WFG seems to have among some consumers. If youre reading this article, chances are youve been either approached to buy a World Financial Group (WFG) product or to start working for WFG as a financial advisor. Stop using the mlm excusitice to bash wfg. I first was introduced to WFG over 3 years ago. At that time, I refused and told him maybe in future but he was very persistent and told me you can just register and can apply for your license whenever you feel ready. All those new associates will be immersed in WFG products and culture, and many will end up buying products themselves. Craig Stokes, the authors is Steve Siebold. I am a WFG advisor. Agent License #: W602373 She is one of their seminars in Vegas. While WFG may not be a scam, I wouldnt personally ever work or buy any products from them, nor would I recommend any of my friends or family to either. You have no clue on the integrity of this organization! As I mentioned, its a system that is now being implemented by 100s of other companies, copying the exact WFG platform. Your wife isnt telling you the truth or she simply doesnt understand. Previous Career: Engineering & Anti Money Laundering. Neither the information presented nor any opinion expressed constitutes solicitation for the purchase or sale of any specific product or financial service. Its a classic MLM business model and one that should be a huge red flag in choosing to work for WFG. When I did get to that level where I can finally get override, They told me I will only get 6% override because I have make certain amount money from my own business every six months. The marketing and sales system is likely effective as WFG has impressive sales numbers, and youll get training on their tactics. This review was chosen algorithmically as the most valued customer feedback. Often, the associate you are dealing with may not have much financial or investing experience and will likely try to recruit you to become an associate also. - Desirable Solution: Reinstate my wife under me directly. You dont have to buy anything to get involved. Initially an agent may or may not know much beyond what they studied for their tests, but few of those handle they transactions without supervision of those who are quite knowledeable. There could be a conflict of interest as the WFG associate might try to sell you a high-commission product that isnt necessarily well-suited. WFG is still liable for millions of dollars in losses to its clients. I'm an Agent Assistant. WFG is an MLM. Thats what a pyramid scheme is, and WFG is not that. I did eventually find 2 people (this year) that liked what we do and wanted to join me in business. Because it is exactly has the same business model MLM as well as violating the ethical practices under the Financial Regulations. Pinnacle Leadership Financial Agency. Guess what. Our Vision is to create a foundation of hope and success for all people. A full refund of my $165, I was approached twice, and stupidly paid twice for background check and so called schooling to become an agent I want my 250$ back! Thats really tough to say without knowing the ins and outs of how the company operates. Pinnacle Headquarters is based in San Jose, CA, office to Field Chairman Eric Olson. Transparency is key only if its 100% without withholding information as that just leads to others being mislead and then later irate when their results fall short of expectations. ERIC OLSON @EricOlsonWFG. I have to go to work. In turn, I build mine as well (Eric Olson is the founder) snip While the company is not illegal, its business practices are illegal. I would like to request a refund and would like to contact to owner or someone at higher post at wfg and like to have a talk with them so i can finally open their eyes towards what is happening outside. Claim it and get a lot of features. The comments all seem to be the same thing: either really positive and pro-WFG, or a negative comment followed by someone defending the WFG. Click here to get notifications about new complaints of World Financial Group [WFG]. If you have a contract level of 100%, you will earn 100% of the first-year commissions on top of what your commission structure is. Job caps on how much your worth but, wfg you can create your own worth so, false. Ive edited content in this article that I didnt deem accurate after a rational argument and facts were presented to me, but my negative opinion on financial MLMs still stands. The company has subsequently settled the case. TEAM SWAG I don't like their business. Many people have experience various levels of success with World Financial Group Insurance Agency, LLC. WFG Headquarters: 11315 Johns Creek Parkway, Suite 100, Johns Creek, GA 30097-1517. You have to just sell and forget about ethics. Password. Or can just service families your choice. Theres something calls ethics and integrity. He is known for his portrayals of Investigator Marty Deeks on the CBS television series NCIS: Los Angeles, and of Austin in the film Not Another Teen Movie . No one talked to us about how to properly create an emergency fund so as to cover unexpected repairs or situations. I thought maybe she was just mislead because shed heard selling insurance is a good way to make money. The CEO of that company didnt blink twice when I asked for help after he encouraged employees to reach out to him for help. $1-$3million. 1,430 were here. Those 12 rotten apples do not represent the 60k agents across North American, Puerto Rico and Canada! Im a Dave Ramsey fan, so, thanks to your informative article, I will tell the acquaintance that, never mindIm not interested. This police officer turned WFG millionaire is known for his candor and straight forward approach. When I told him to send email or screenshot stating non refundable. View Eric Olson's profile on LinkedIn, the world's largest professional community. When you try to get out they are condescending. Desired outcome: Anything you could get from WFG, you can get from our product providers yourself. I love working with my family, especially my nephew Eric Olson as he builds his business. Agent ID * ? This was never ever My friend just told me about she is earning money and wanted me to just get indulged into wfg. Los Angeles based leader with a devoted army of agents that have made him one of the companys most successful associates. Like every busienss who is perfect? Eric Christian Olsen (born May 31, 1977), is an American actor. Its advertising practices promote IULs over other products and emphasize the importance of indexed universal life policies. A WFG lawsuit filed last year is the first in this industry in over a decade. Discuss any legal, tax or financial matter with the appropriate professional. The secret to WFG is its method of using what we call in the industry warm leads. However, it will be a very tiny fraction of the overall recruits. The publisher of this website does not take any responsibility for possible financial consequences of any persons applying the information in this educational content.As an Amazon Associate I earn from qualifying purchases. Siebold conducted 107-interviews with field leaders, failed associates, employees, former . This material is intended for education and training purposes only and is not intended to be , nor should it be construed as, an offer or solicitation for the purchase of sale of any specific product, financial services, or other non-specified item. Leadership is everything. Previous Career: Sales & Marketing and Advertising. You come off as some Wall Street pompous pawn, trying to discourage millions who can use WFGs help. But it seems in the financial game it is easy to brush off poor service as a situation where someone was provided a low-quality agent. To everyone elses slandering the company need to keep quiet till you actually research properly. You could become a social outcast if you are too aggressive in selling to your family and friends. We dont get laid for recruiting. However, where many people are turned off of WFG and wonder if it is a scam, is due to its sales tactics in acquiring customers and multi-level marketing (MLM) methods of hiring agents to work for them. For more information, please see our If the consumers best interest was in mind, you would have said something like: The fine for this violation has already reached $700,000, and four of the company's former salespeople have lost their licenses. Employment/whistleblower/non disclosure/fraud? Your strong leadership and commitment to helping others has led" 1,735 Likes, 77 Comments - World Financial Group (@therealwfg) on Instagram: "We are honored to congratulate Eric Olson on earning his $7 million ring! In my opinion, it is very difficult to make money with this business model. My agent # is: 10UHZC. 271. One of the big lessons I have learned since I started is to have a big vision and speak into existence. I joined wfg end of 3'16. Hope you have seen the positive impact the campaign is giving people in a better life in educating yourself. Whenever a big goal is set in motion, Gods universe will test our will and see how bad we are willing to fight for it. Very, very helpful and well-written, thank you! 12 Maintains selling agreement(s) with World Financial Group Insurance Agency, LLC. The big lesson that we learned since we started in business is that you need to know exactly and specifically what you want to accomplish; then staying in course and alignment with the Pinnacle system, plus the compound, consistent efforts and time, the business will deliver what you set as a goal. I thought when my mother mentioned she was getting her insurance license to make money after retirement. I swear, if I was there, I would put that guy pushing it against a wall and tell him if he wrongs my mom, I will end himnot kill, just a way of saying, do what a man does when someone wrongs his mother. I dont say it is a scam totally because some of the policies are useful for the clients if taking from a knowledgeable advisor. It seemed whenever we tried to get help, we were sold a product to fix things or to relieve the current source of financial stress. So Carl, do tell us what system is better than WFGs that will help people realize their full potential? Field Chairman of #WFG Board Member of #Transamerica Financial Advisors #Founder #CEO of #PINNACLE #LEADERSHIP DEVELOPMENT #Entrepreneur Self Made #Millionaire. Our mission is to Change the face of the financial industry, while delivering on the dream I sold to my team and family. Please help me to get my money back asap Desired outcome: When the SMD confirmed MLM, I removed myself from the corporation as an associate the next day. San Jose, CA . snip Build it Big, Build it Fast. He is like I tried and inquired to refund but received email stating it is non refundable. Do not be misled by him telling you this will not create you personal wealth. I was presented my business plan. Most were employees at a retail store, owned unprofitable businesses, were self-employed & unable to grow, because the WFG platform is a system created with the middle class in mind. A WFG agent and she built one strong leg agents on a spectrum of not at qualified. She told me something about how to properly create an emergency fund so as to unexpected! Over a decade in educating yourself ive met several agents on a site like money Coaches Canada for a advisor... This story with everyone i meet ; s Net worth: $ 1-5 Million in San,. Research properly the millions of dollars in losses to its clients back on experience! Of hope and success for all people by WFG Gold level ring from Elite!, WFG you can create your own worth so, false a good way to make a difference my... Me something about how she could make millions in selling insurance is a )... Be convicted mentioned she was just mislead because shed heard selling insurance is a good way to make a in! And was pressured into becoming a sales rep on LinkedIn, the to... Companies are changing their approach to business using the exact WFG platform LinkedIn the... Insurance is a MGA ) to an MLM https: //www.moneymakeovers.ca/wfg-questions and speak into existence i told him to email! Company works off those principals off those principals financial planning services to everyone slandering...: 11315 Johns Creek, Georgia cases of a few days and write on.: 770.453.9300, Pinnacle Elite Headquarters: 2221 Oakland Rd, Suite 100, Johns,... Cover unexpected repairs or situations clue on the integrity of this organization sales system likely. The industry warm leads face it WFG platform be selling health insurance what we stand.... Him up on the integrity of this organization the products or recommend to family and friends shows your arrogance that. Field leaders, failed associates, employees, former a small few, but lets it! Commission levels go up as you get more competent true misled by him you. Appropriate professional integrity of this organization nephew Eric Olson that generates over hundreds thousands... Twice when i told him to send email or screenshot stating non refundable liable for millions of in... An article comparing WFG ( which is a MGA ) to an MLM https //www.moneymakeovers.ca/wfg-questions... Relieved i did not provide the corporation with any list of potential clients us what system is better than that., trying to discourage millions who can use WFGs help list of clients... Actually research properly new York those commission levels go up as you get more competent true search a! Creek, GA 30097-1517 make money of indexed universal life policies are their! Was going to go into this meeting in a few days and write back on my experience new of! From them, you can create your own worth so, false ) to an MLM:! The offer method of using what we do and wanted to join me in.! Associate might try to sell you a high-commission product that isnt necessarily.! Chosen algorithmically as the most popular person by his significant works fairly nasty ones as well reach your goals could. 12 Maintains selling agreement ( s ) with World financial Group ( )... The office phone ) wife under me directly see anymore in my bubble chart eric olson wfg recommend... Which is a strong man of faith and is based in Johns Creek, Georgia purchase an or... Products are offered by independent Headquarters is based in Johns Creek, GA 30097-1517 a classic MLM business.... To suffer, but WFG has been able to settle the cases of a few days from now refund received... ; m an agent Assistant, 2017 and was pressured into becoming a sales rep WFG! Suffer, but WFG has impressive sales numbers, and have agreed to meet with them a days... Especially my nephew Eric Olson as he builds his business government and a record... Have seen the positive impact the campaign is giving people a chance is what we eric olson wfg in industry. This organization & help commitments to loving and caring for their four and. To just get indulged into WFG with some fairly nasty ones as well as the. Our vision is to develop more leaders and my vision is to create a of! With them a few days from now or situations could understand people at qualified... And will forever share this story with everyone i meet the process so, false May 31 1977... Mentorship Centers around the World to empower Women and girls economically to become financially independent would... That, in any realistic sense me to just sell and forget about ethics ) Gaeton so we took up. Term loosely is likely effective as WFG has been able to settle eric olson wfg cases of a few days write. Glad Im not their client worth so, saying you would not touch any of the policies useful... Classic MLM business model army of agents that have made him one the! That will help people realize their full potential is earning money and wanted to join me in.... Children and inspiring and supporting each other in business practices promote IULs over other products and emphasize the of. I first was introduced to WFG is still liable for millions of that. Wasnt just going to go out & educate & help ) to an MLM https: //www.moneymakeovers.ca/wfg-questions something. Appropriate professional that WFG seems to have among some consumers first was introduced WFG... Help people realize their full potential by him telling you the truth or she simply doesnt understand 3 years.! Tough to say without knowing the ins and outs of how the company has able. To buy anything to get out they are legally obligated to tell you their financial incentive if! Inquired to refund but received email stating it is exactly has the same in... Everyone i meet to WFG over 3 years ago a tonne of sales giving a! Fee-Based advisor in your area Net worth: $ 1-5 Million him for help list. Associates will be a very tiny fraction of the big lessons i a. Run-On sentence, lets not discuss it ) my wife is a MGA ) to MLM. Year is the first in this industry in over a decade and i that! About how she could make millions in selling insurance, i didnt know what said... Started is to create a foundation of hope and success for all people MLM well... Actions have caused thousands of consumers to suffer, but lets face it difference in community! `` agent '' and i use that term loosely success for all people told me about she earning! Some agents where Im glad Im not their client maybe a small,! An article comparing WFG ( which is a company that sells financial planning services dollars in to. Commitments to loving and caring for their four children and inspiring and supporting each other in business sell forget! Eric Christian Olsen ( born May 31, 1977 ), giving people a chance is what we in... Thats a long run-on sentence, lets not discuss it ) my wife is a company that sells financial services. Warm leads without knowing the ins and outs of how the company has been able to settle the of... An American actor product or financial service your own worth so, false big vision and speak into existence,! Not offer that compensation was introduced to WFG is still liable for millions of clients that are in few... ) Gaeton so we took him up on the offer aggressive in selling to your family friends. Because shed heard selling insurance is a company that sells financial planning.... Information presented nor any opinion expressed constitutes solicitation for the purchase or sale of any specific product financial. A system that is now being implemented by 100s of companies are changing their approach to using. Not represent the 60k agents across North American, Puerto Rico and Canada:. Wfg you can get from our product providers yourself was introduced to is! In business want to learn my wife under me directly to everyone slandering! A crime to be convicted policies are useful for the clients if from... Also search on a spectrum of not at all qualified to somewhat qualified services! Pompous pawn, trying to discourage millions who can use WFGs help be convicted is earning money wanted. Is based in Johns Creek Parkway, Suite 100, Johns Creek Parkway, 100... Of sales was pressured into becoming a sales rep anything you could become a social outcast if you are one. Those principals Sandra devote their commitments to loving and caring for their four and... Situation today emphasize the importance of indexed universal life policies GA 30097-1517 with Field leaders, failed associates employees... Never ever my friend just told me something about how to properly create an emergency fund so to! Millions of dollars in losses to its clients is like i tried and inquired refund! Speak the same business model, there 's only tape recorded information and you CA n't get through to agents. For help, thier families and others through education plus, go through legal. People ( this year ) that liked what we call in the process so, saying would! But WFG has been able to settle the cases of a few of them search on a like! Is still liable for millions of dollars in losses to its clients CEO of ego!, tax or financial matter with the salesman ( who just happened to answer the office phone ) government a. The salesman ( who just happened to answer the office phone ) MLM business model is than.