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  • Report:  #102747

Complaint Review: Promark Financial

Promark Financial ripoff Roselle Illinois

  • Reported By:
    Chicago Illinois
  • Submitted:
    Mon, August 09, 2004
  • Updated:
    Fri, July 19, 2013

One of the branches of Promark Financial (a financial security company) located in Roselle Illinois, has a few dishonest people working (in fact, RUNNING) the office. The higher ups forge clients' signatures on their life insurance policies, renewals, cancellations, etc.; brush off appointments and make it seem like it was the client's fault; lie about the salary they offer for their employees; they don't fulfill their promise of giving commissions to those employees who sign up clients. I do not trust this company at all. They work with Fidelity & Guaranty Life, AIG (American General), Countrywide, Wells Fargo.

Lisa
Roselle, Illinois
U.S.A.

3 Updates & Rebuttals


Mike M

Santa Ana,
California,

Insurance is Highly regulated

#4REBUTTAL Owner of company

Fri, July 19, 2013

Promark Financial is a Life Insurance ccompany (not financial security company) and has been in business for 25 years this month. Lisa does not understand the type of business we are. Promark is top producer for all major life insurance companies. Promark prides itself in following the rules and treating its customers with the highest respect. The claim that Promark signs Insurance applications as a forgery is punishable by Federal law and it is enforcable. I know because I am a Federal Prison chaplain and I minister to people who have been prosecuted for this crime.

Promark has employed over 3,300 agents over the years. Lisa and Promark did not see eye to eye and therefore parted ways. Her claims are false.

Promark has over 300,000 customers and supports a customer service department that recieves over 50 calls a day just to make sure all concerns and complaints are covered. I challenge Lisa who wrote this complaint to call me personally and make claim. I will personally be responsible for any misdoings there may have been. Unfortunately I do not believe she will contact me since none of what she is claiming to be true.

Warm Regards,

 

Mike M.

President, Promark Financial

714-513-2500


Jack

Santa Ana,
California,
U.S.A.

Promark Financial

#4UPDATE Employee

Thu, June 05, 2008

I was directed to this site from a prospective employee. I am the IT Director at Promark Financial Corporate in Santa Ana. I have had years of experience in the internet including working with Consumer Broadcast Group which worked with multiple news group affiliations such as Fight Back with David Horowitz, KDKA Pittsburgh, KPTV Portland, KMSP Minnesota, and WBTV Charlotte.

My point is that there is a process in filing a complaint with a company. This includes checking for accuracy of the complaint.

I don't personally know about the Illinois office complaint as it was restructured in November 2004. But the more recent post reads like a blog where "Stuart", an angry "ex-employee", wants to vent their misfortune and shift blame to a company by making libel statements. I would like to see the employment letter of intent and the 1099 stating Promark Financial.

Thank you

Jack M Navarro


Stuart

Santa Rosa,
California,
U.S.A.

Promark Financial Not Only Rips off Customers It Also Rips Off Employees and Breaks The Law!!

#4UPDATE EX-employee responds

Fri, February 01, 2008

Ok so I got an offer to work for this company in the mail, it was a nice letter saying how someone had recommended me for a management position and congratulations on getting married it went on to say how I might want to consider starting a new career and it was on their company letterhead. I thought the letter was a bit sketchy having been in network marketing and the like. But seeing that whoever it was that sent it to me knew that I got married I figured that maybe it was real. I called and set up an interview with the Santa Rosa CA branch manager, Todd Miller. When I got to the interview it was a Friday afternoon and no one was in the office, Mr. Miller said that "everyone is out golfing today, that's what we usually do on Fridays." I found out later that no one else was even working for the company at that point. Mr. Miller proceeded to tell me that someone had recommended me and that I may never find out who it was. He also told me that I was guaranteed to make at least 50k plus a year. He drew a diagram of some plan that seemed a bit like network marketing but when he said it was life insurance I though oh well might as well check it out plus they paid for you to get your Agent's license so I thought it might be worth it. I later found out that the position was a straight commission job. On my first day with the company they had me making cold calls and trying to sell insurance over the phone, setting up appointments. I was told that on my first appointment I would be selling life insurance with out a license only the agent who went with me would be signing everything or writing the policy so that I would not get into trouble and that agent would write me a check for a percentage of the commission. I refused knowing that this was illegal to do this and also knowing that I was getting ripped off by having to do all the sales and not getting a full commission. I decided that I would let them pay for my insurance licensee and then I would get out, or perhaps make money off their lead system. After I got my insurance licensee I noticed that the leads we had sucked, they had already been called thousands of times and the people were pissed at our sales techniques. It appeared as if I was working for another crappy company that tells its people whatever to get them in, a technique I call throw and see what sticks. They hire a bunch of people throw them at a wall and see what sticks. By no means was I going to make 50K a year let alone 15 k a year. I was told that to make more money I needed to quit my regular job and devote a 100% into Promark. One night our District Manager took us all out to dinner and the bar, got us all drunk and cussed me out for not making more money and not quitting my 9 to 5. Consequently he drove me back to my house because I was to drunk to drive and shoved his way into my home and began yelling at my wife and I telling her to support me and get "off your lazy a*s and go to work He also told me to quit my regular job and he would make sure that I made good money. So the next day I quit my regular job which provided me an apartment. Part of the reason I had to quit was due to the fact that my wife's mother was friends with my boss and my wife called her mom, told her what happened and her mom called my boss and ended up getting me fired so I guess the district manager really got me fired. I made the district manager pay me 2K instead of suing him to get a new place and eat until I made money from Promark but this was really nothing!! He latter told me this was a loan.

Ya right, I should have sued the guy for harassment. I will never pay it back to him. In the end, I quit because I almost lost everything my house, my cars, my wife and my dogs. I also found out that Todd Miller got my name and contact info from county records of people that recently got married. Todd Miller even had the audacity to send me a 1099 for 3K at the end of the year, I never made a dime from the bastards~! How could they do that! I reported them to the IRS and the California Department of Insurance. As for their sales tactics, they lie to people, scare them and promise them things that never happen or are legal!! DO NOT WORK FOR THEM NO MATTER WHAT THEY PROMIE OR TELL YOU!!!! THEY RUIN PEOPLE'S LIVES!!! AND DEFINTELY DO NOT BUY A POLICY FROM THEM!!!!!

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