people helping people php people heping people scam Internet

10th of Nov, 2011 by User821878

people helping people is a total scam and a joke. its run by a scary very strange character named patrick betdavid. they are a multi-level mktg finance co. they talk about "making history" and "changing america"....in reality they are your normal mlm financial deal with no credibility. i was invited to a mtg given by the head cult leader betdavid. (my colleague who invited me has since quit and cancelled his super expensive cash value life insurance policy) he makes a bunch of outlandish statements about history and vision etc. the quality of the people i saw was terrible. mainly very young..very gullable .... all with these cult like stares on their faces. they drink the betdavid kool aid. they asked me for 25 names of my friends we were going to go"help" and "train me" with. what they really do is take these names and try and recruit them and sell them life insurance into the pyramid. it was very obvious most all the people there were stone broke and living off of the future promises made by the cult leader betdavid. they parade a couple paid advertisements as "endorsements" to give this ponzi scheme credibility. several companies have already stopped doing business with php...they are down to only 2 or 3 life insurance companies who even do business with them , way too many people who buy from them..end up cancelling once they find out about the scam and the expensive life insurance they sell. you are always better off buying term insurance...look at dave ramsey for good advice on life insurance. the whole thing is wrapped in god, country and freedom..so poor these people buy that stuff instead of looking at the details of the business model. literally 99% of the people make zero money. i asked over 30 people there how much they had made...28 had made zero. 1 had made $500 in one year and the other guy left a 80k a yr job and made 14k last yr! lost his home ...very sad if you have a family member who joined this deal. do an intervention! they are probably young and dont have any experience in business and dont know a scam when they see one. the most disturbing part of the experience was the total lack of basic financial skill and understanding the PHP associates have. As a college economics professor, i was shocked at the lack of understanding of the licensed people. i asked basic questions about capital gains questions, investments etc and these poor people looked like deers in the headlights. NEVER buy a product from these people ....they are scary. i have no doubt they will be out of business within 3 years, i have written a report to the california department of insurance. many people there solicit life insurance sales without licenses and openly discuss products without any idea what they are even talking about. this place is a lawsuit waiting to happen. so sad..to see so many poor people believing this ridiculous pitch. by every definition of the word it is a SCAM.

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