ZeekRewards.com Allegedly A Huge Ponzi Scheme On Verge Of Collapse

sonia • 7 hours ago −

plz reopen zeek , we all depends on it and it is really good site to make a money i don't think its a bad idea makin money with our own money, so if they are making money from our money , we are also making some cash out of it. ITS NOT A FRAUD !!!!!!!!!!!!!! if we make money then only we can able to spend and buy homes and pay tax to government and then only money will circle around .


Zeek Rewards Shut Down: Over 1 MIllion Victims in Pyramid and Ponzi Scheme : Offbeat : Enstarz



zeek-rewards.jpg


A long queue outside of Zeek Rewards Office on the 31st July eager to start their business.
 


This is an email from someone I trolled hard. She tried to get me to join.....



Thanks for your time on the phone this morning.

As I explained to Walter, Zeek Rewards is a business....actually 3 turn-key businesses. Zeekler (our penny auction site), Zeek Rewards is the advertising arm of Zeekler, and the FSC Store (which is down while they are transitioning to an online MALL). We also have an app you give to friends and family to comparison shop. When they use the app, even if they don't purchase online from us or one of our affiliates you still get paid a commission.

Zeek Rewards is ranked number 2 in popularity on MLM Rankings. MLM Company Rankings Until this month's rankings we were number 1 in Top Performers for the last 6 months. This is an independent company that ranks MLM businesses and not an affiliate.

What attracted me to Zeek Rewards was not only their performance but that we are US based yet we are an international company. That means that you have the opportunity to have team members located in 175 different countries. That is HUGE!. I have had calls from as far away as the Philippines and Australia and have been contacted online by people all over Europe and Asia as well as North and South America.
The reason I got into it was because my friend who is in my downline in another business called and shared it with me. I immediately knew what he had his hands on and was signed up within 10 minutes. The reason: another friend (an entrepreneur and IT/marketing guru had explained to me the power of internet advertising and I listened....and am so glad I did.)
At the time I got involved with this business, my friend Linda Coleman was making about $500-$600 a day. She started her business in August of last year. Within just 2 months that income has grown to between $1300 and $1500 per day. Yes, per day. And she only uses 2 streams of revenue. I have another friend who is making over $2500/day and he started in October. Just a reminder that your earnings are based on individual effort and strategy.
I don't know of any other business where someone has the potential to become a millionaire simply by working 1 minute a day.
As a business owner, you understand already that people who have an entrepreneurial spirit are the people who become independently wealthy.

I started my business in May at the top level of Diamond so that I would receive the maximum benefits and deepest discounts. I have an all Diamond team. I am paid every day for posting one ad a day on the internet, just cutting and pasting a pre-written ad on a free site that I signed up with the first day I bought my business.
My team website will be www.work1minuteaday.com and is under construction. It will contain downloadable documents and a power point presentation to help you with your business. These documents and PPP are already available to my team via email. I will also post opportunities to attend leadership conferences with well known and successful MLM entrepreneurs such as Tom "Big Al" Schreiter. There will be presentations with tax experts and information on asses protection.
There are a few things you need to know before I start the explanation of the business. This is not an “investment.” We are also not a security, or penny stock. To increase the amount of your profit sharing you purchase bids which are then given to customers to drive traffic to Zeekler (the penny auction site). Of course you are already familiar with this concept.
The profit share for this business is calculated daily, not annually. For example, if the daily profit share percentage is 1.5% and you have 500 points in your VIP account, you will be paid $7.50 for that day. Then if you let it roll back into the business instead of cashing out the $7.50, then you will be getting paid 1.5% on 507.50 the next day. That means on day 2, you will make $7.61. Then if you let that roll back in, then you will make profit sharing on $515.11 on day 3 (and so on and so on).
If you were to buy 10,000 bids today, your profit sharing on Day 1 would be $150. Tomorrow you'd get paid 1.5% on 10,150. The following day you'd get paid 1.5% on 10, 300. And so on. The maximum bids that a Diamond subscriber can buy is 10,000 which creates your highest profit sharing immediately.
I have attached an EXCEL spread sheet so that you can calculate your profit sharing. To use, simply plug in the number of bids you could afford to purchase in the yellow box at the upper left hand corner and hit the enter button (check mark). Scroll down to 90 days, 180 days and 365 days to see what that figure will earn you in profit sharing.
Also keep in mind this is just 1 of 7 streams of revenue with Zeek Rewards.
***The question everyone is asking is “how does the company make money?” By posting these ads daily, you are driving traffic to their penny auction sites. Each penny bid in actuality costs a dollar when purchased. That means the company has an incredible profit margin.
At the end of each day, the company takes, everything that was earned from the penny auctions, the online store, and their other businesses and divides it in half. 50% of it goes to the company, the other 50% goes to paying us (affiliates) for advertising.
There are premium business levels. Silver is $10, Gold is $50 and Diamond is $99. I immediately went to Diamond and reached Sr. Executive position in less than 3 weeks.
Imagine owning a business with no overhead as well as all the websites you need to run your business and train other team members already at your disposal and working approximately one minute a day.
Those are the basics of our business. There are layers of learning as with any business. I work with each and every team member to ensure their SUCCESS.
Let me know when it's convenient to give you a SHORT presentation. I'd like to cover the 7 streams of revenue in this business. I have no doubt after talking to you that you would be VERY successful.
I also included all of my websites. As a business owner you would have all of these websites linked to YOUR business. These websites are for information and training purposes for your team and potential customers.
Thanks,
 
So then I email her after Zeekler gets busted. She responds to me with this-

It's true....at the bottom of that page is the link to the complaint against Paul Burks and Zeek Rewards and Zeekler.

It came as a shock and surprise to all of us...and was almost overnight....the sites were shut down yesterday and today, this came out. I'm sure the investigation had been going on for some time, but no one was aware.

I am so glad to find out now before I bought bids or sunk any more money into it. I not only had a business but had one for both of my kids and had loaned money to a friend for her to start.

On a more positive note....Stream Energy had a pre-launch of Clean Nation on August 15. I am one of the founders having gotten in that day. It costs $20 a month and will help the environment. The compensation plan is one of 3 short videos on www.cleanexplanation.com (total viewing time is 10 min) My site is www.akjsbdasjkhf.cleannation.biz

This is easy, and duplicateable without the worries of stability. I am going to have a friend visit their office in Dallas and I plan to go by there next time I'm in the Big D.

I'll send you an attachment about Clean Nation. My friend who brought me on board has been with Stream for over 5 years and has made over $1million working part time.

When a window closes a door opens.





 
So then I email her after Zeekler gets busted. She responds to me with this-

It's true....at the bottom of that page is the link to the complaint against Paul Burks and Zeek Rewards and Zeekler.

It came as a shock and surprise to all of us...and was almost overnight....the sites were shut down yesterday and today, this came out. I'm sure the investigation had been going on for some time, but no one was aware.


I am so glad to find out now before I bought bids or sunk any more money into it. I not only had a business but had one for both of my kids and had loaned money to a friend for her to start.


On a more positive note....Stream Energy had a pre-launch of Clean Nation on August 15. I am one of the founders having gotten in that day. It costs $20 a month and will help the environment. The compensation plan is one of 3 short videos on
www.cleanexplanation.com (total viewing time is 10 min) My site is www.akjsbdasjkhf.cleannation.biz

This is easy, and duplicateable without the worries of stability. I am going to have a friend visit their office in Dallas and I plan to go by there next time I'm in the Big D.


I'll send you an attachment about Clean Nation. My friend who brought me on board has been with Stream for over 5 years and has made over $1million working part time.


When a window closes a door opens.



I know I tried to get you to invest in a ponzi scheme but this 2nd time I have a better feeling about it we're gonna be rich just sign here, here, and here and mail me your social along with your bank account numbers and passwords
 
I hear that some people (I know a few) made a fucking killing off of Zeekrewards. I'm talking straight fucking cash.
 
From what I understand this is a business model that is designed for members to earn points 'bids' not money so its in the grey area of investments participants are advised not to call it an 'investment' when recruiting new people. They have all the legal stuff ... but its still a ponzi scheme.
 
Zeekler is just get rich quick snake oil to lure suckers, like from the carny days. As long as greed exists there will be others. Does anybody remember Cyber Rebate scandal from about 10 years ago? This site was the 3rd largest e-commerce site in 2001. I was personally involved because they owed me a bit of money.

Millions vaporized in CyberRebate collapse - CNET News

Some people lost tens of thousands of dollars, and a few wound up killing themselves over the losses. After the business collapsed, the site owners, a bunch of yeshiva boys from Long Island, secretly moved to less than a mile away from me. Because I'm nervy, I went up to the office and talked to them, then I posted their new address online. I eventually got a chargeback from the cc company.
 
I know I tried to get you to invest in a ponzi scheme but this 2nd time I have a better feeling about it we're gonna be rich just sign here, here, and here and mail me your social along with your bank account numbers and passwords

There seriously is no hope for idiots like this. And it's pretty scary because these moronic followers are the kind of people who also go out and vote in elections.