PDA

View Full Version : Zeek Rewards !! How to get to $3K a month, starting as a free member !



Pages : [1] 2 3 4 5 6 7

mk46
04-06-2011, 11:17 AM
Hi,
need to share with you something really phenomenal ! I'm a part of the most amazing earning opportunity right now that this has NEVER been done before, EVER - until now.
The company is called “Zeek Rewards”, and it is an opportunity where you can earn excellent money starting as a free member. Your daily task for earning money is to place one Ad. You will be given a step by step instruction on how to place an Ad.

Here´s the plan in a nutshell:
1. Join Zeek Rewaeds free ZeekRewards (http://zeekrewards.com/) , get $100 bonus. Place your ad daily and report it (takes 1-5 minutes), let the $100 credits earn daily interest until it becomes $225 credits. After signing up, I will send you important information about this business.

2. At that point (in approx. 10-12 weeks), you need to upgrade for $10 a month. Then $125 is moved into your compounder and you get 125 auction bids. That $125 profit just turned into REAL MONEY and all it cost you out of pocket is $10!

You can then continue compounding it at any rate you like from 0% to 100%.

Based on the ‘return on investment’ Zeek Rewards aims for, and with 100% compounding, it only takes about 72 weeks to get to the $25,000 level. Then with an 80/20 repurchase/withdrawal ratio, that will make you about 3k per month TAKE HOME.


You are invited to become a part of one of the easiest-to-do and most exciting business opportunities on the internet!
Marco
Independent Investment Manager
P.S. Please contact me. I am a real person and I want you to tell me your concerns or ask me questions.
[self-promotion link removed]

edited by Soapboxmom; 04-06-2011 at 12:25 PM. Reason: Not to bright to make jokes about spamming a forum. Your deluge of garbage posts are gone. Your referral ID is gone

Soapboxmom
04-06-2011, 11:29 AM
How to lose your shirt with Marco the not so magnificent forum spammer! If he was making such good money and the opportunity was so grand, why would he need to spam forums with his ridiculous promotions???

Bye, bye, Marco!

Soapboxmom

littleroundman
04-06-2011, 11:40 AM
P.S. Please contact me. I am a real person and I want you to tell me your concerns or ask me questions.

Gee, that's good of you, Marco, don't mind if I do.

For starters, I'm concerned about asbestos dust being given off brake pads and I'm concerned about contracting Legionnaires' Disease from dry potting mix, and I'm very concerned about why my cakes don't come out of the oven flat and are higher in the middle than the sides.

I'm not particularly concerned about global warming, but the fact we haven't had a drop of rain since January 31 is of MAJOR concern.

There, will that do ????

baylee
04-06-2011, 03:54 PM
Gee, that's good of you, Marco, don't mind if I do.

and I'm very concerned about why my cakes don't come out of the oven flat and are higher in the middle than the sides.


There, will that do ????

When I take my cakes out of the oven they always seem to have a crack in the middle. I do manage to cover the cracks up with icing but then I get a sugar high from too much icing.

laidback
04-06-2011, 04:56 PM
Gee, that's good of you, Marco, don't mind if I do.

For starters, I'm concerned about asbestos dust being given off brake pads and I'm concerned about contracting Legionnaires' Disease from dry potting mix, and I'm very concerned about why my cakes don't come out of the oven flat and are higher in the middle than the sides.



I'm not particularly concerned about global warming, but the fact we haven't had a drop of rain since January 31 is of MAJOR concern.

There, will that do ????

Let me help you with that... a couple of strategically timed door slams will produce a nice crater, rather than that annoying lump...!

scratchycat
04-15-2011, 11:12 AM
You MUST read their disclaimer:

Important Legal Stuff!
No specific level of income is guaranteed. Any reference to specific levels of earning on this web site are for the purpose of explaining the compensation plan only and are not projections. Your actual income will depend upon the success of your marketing efforts and of those you introduce to the program and on the overall profitability of the company. Income is derived solely from the sale of products and/or hosting services to end users. There is no compensation for recruiting. Affiliates may qualify to participate in the compensation plan without making a product purchase by making a sale to a customer. Customers may buy our products without participating in the compensation plan.

To qualify for Cash Rewards compensation you must be on a monthly subscription (Silver, Gold, or Diamond level) and you must have made at least a minimum bid package purchase. You must also place a qualifying advertisement daily to qualify to receive Cash Rewards for that day. Commissions that would have been earned on purchases made by your referred members are forfeited if they make their purchases prior to your becoming commission qualified.

Cash Rewards are paid by the company based on your Compounding Bid purchase history. From time to time the company may add bonus amounts to your purchase history during special incentive offers. You may also be given "grandfathered" bonus amounts as a reward based on your prior months or years of loyalty to the company or balance amounts may be transferred by the company from previous compensation plans. Bonus amounts increase your daily share in Cash Rewards, but Cash Rewards earned based on bonus amounts must be automatically compounded. They cannot be withdrawn as cash commissions. Once you have been paid and compounded 125% on the bonus amounts then you may begin withdrawing cash commissions on the future daily Cash Rewards if you choose.

Although Rex Venture Group, LLC observes a strict risk management policy, the company does not offer any guarantee of income to any Affiliate. Income is earned through the dedicated efforts of Distributors making sales and good old fashioned hard work. Rex Venture Group LLC guarantees to deliver any and all products or services sold to each purchaser in a timely manner. Cash Reward projections are based on expected revenues. Distributors are strongly advised to only make purchases that they can afford without creating a financial hardship for themselves or their families.

IMPORTANT: The following paragraph MUST BE READ ALOUD whenever the ZeekRewards compensation plan is presented verbally or by telephone, or included in it's entirety when communicating in writing:

"If you make a purchase from ZeekRewards you are purchasing a SUBSCRIPTION to our penny auction site or you are purchasing BIDS OR ADVERTISING. You are NOT purchasing stock or any other form of "investment" or equity. You MUST actually use the bids or advertising units that you purchase. Affiliates who present our products to others in a misleading manner or in a way that leads the buyer to believe he or she is making an investment or purchasing equities will be terminated and all commissions will be forfeited. Buyers MUST read the entire How It Works and Get Paid pages on the ZeekRewards website and the Legal Disclaimers."



Copyright © 2010 - 2011 Rex Venture Group LLC. DBA ZeekRewards All rights reserved. Terms of Service | Purchase Agreement
Notice: We collect personal information on this site.


Zeek Rewards (http://linmarharvey.zeekrewards.com/)

People who are desperate to make money will try anything.

scratchycat
04-15-2011, 11:25 AM
No info on registrant in Who Is but checked zeekrewards.net and found this

Diamond Partner Phillip Bennett

It is from zeekrewards.com, password reset.

littleroundman
04-15-2011, 07:42 PM
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeekrewards.jpg

Which leads us to:

Complaint review: NewNetMail, Lighthouse America, Rex Venture Group, Paul Burks Creator Of NewNetMail on RipOffReport: NewNetMail, Lighthouse America, Rex Venture Group, Paul Burks Creator Of NewNetMail | Rip-off Report: 221927 (http://www.ripoffreport.com/multi-level-marketing/newnetmail-lighthous/newnetmail-lighthouse-america-b8e4p.htm)

and


Free Store Club

500 East Center Street
Lexington, NC
27292 USA
FAX: 336 243-1094
NewNetMail To: FreeStoreClub

Free Store Club is owned by Rex Venture Group LLC, a subsidiary of Lighthouse America, a US (NC) company. The company was established on June 24, 1997 and adopted the d/b/a Lighthouse America later that year. Lighthouse America operated three MLM divisions, LHAStore and TeamFire International and Free Store Club.
The President and owner, Paul Burks, is the hands-on manager of Free Store Club and our sister company, NewNetMail.
The office / warehouse / shipping complex at 500 East Center Street, Lexington, NC 27292. Lexington is a small community on the bustling I-85 corridor between Greensboro and Charlotte, NC.
FSCAuctions is an Internet only company, telephone support is limited to emergencies that cannot be handled through the Contact Us system online. Should you have such an emergency, you may reach the company at 336 243-1123 (voice) or 336 243-1094 (fax). Office hours are 9:30 AM to 5:00 PM Eastern US time Monday through Friday.
Please do not call with questions about the marketing plan, pay plan or other general questions. If you can't find the answer to your question, please use the Contact us page to submit your question to Customer Service.
About Us - Zeekler (http://www.zeekler.com/aboutus.asp)

not just a scammer, but a scammer with a history of multiple scams, it seems.

shawnlim
06-21-2011, 01:31 PM
hiya,

is this still viable?

shawnlim

Soapboxmom
06-21-2011, 03:52 PM
hiya,

is this still viable?

shawnlim
The website is up, but it is still an absolute scam! Did that cleaer things up a bit???

Soapboxmom

littleroundman
12-24-2011, 12:40 AM
Well, I'll be hornswoggled.

Who woulda guessed young "shawnlim" would turn out to not be a naive newbie seeking information, but, instead turn out to be one of those serial get-rich-quick scammers.

What's more, apparently he is also a "secret millionaire"

http://i218.photobucket.com/albums/cc153/thelittleroundman/shawn.jpg

The Millionaire Secrets (http://www.themillionairesecrets.net/)

laidback
12-24-2011, 10:00 AM
Yeah, it's SOOO secret even he doesn't know he's got it...!

joinfreedom
01-08-2012, 03:52 PM
I'm going to keep this short and sweet. ZEEK REWARDS IS TOTALLY 100% FREE TO JOIN. So what is the harm in giving it a try?? Just a question...Try it out for 6 months and if you are not making anything, WHAT DID YOU LOSE??? NOTHING. One person that posts an ad for them a day, its not going to do anything for zeek rewards. Thousands of people posting daily, zeek rewards makes money and they reward you by helping to get the word out. ONCE AGAIN...ITS FREE AND THEY GIVE YOU A FREE WEB SITE AND 100 POINTS JUST FOR GETTING IN. [referral url redacted]

Soapboxmom
01-26-2012, 10:17 AM
Boys and girls,

You will be shocked to hear that I have had a complaint. The original poster, Marco, who spammed the forum and was sent packing is being accused of violating company policy by making earning claims. I declined to remove the post, but did invite anyone who wanted to share their experience with Zeek Rewards to join us. I shared our Motto:

http://www.realscam.com/attachments/f10/548-how-get-3k-month-starting-free-member-realscam-logo1.gif

littleroundman
01-26-2012, 10:33 AM
Boys and girls,

You will be shocked to hear that I have had a complaint. The original poster, Marco, who spammed the forum and was sent packing is being accused of violating company policy by making earning claims. I declined to remove the post, but did invite anyone who wanted to share their experience with Zeek Rewards to join us. I shared our Motto:

http://www.realscam.com/attachments/f10/548-how-get-3k-month-starting-free-member-realscam-logo1.gif

GASP ! SHOCK ! HORROR !!

Only ONE complaint ???

lp3x50
01-27-2012, 04:43 PM
does Zeek Rewards is scam? anyone knows? someone was do money with this site?

Soapboxmom
01-27-2012, 05:22 PM
does Zeek Rewards is scam? anyone knows? someone was do money with this site?
Welcome to the site. I hope you will find the answers you seek here.

Soapboxmom

lidlchris
01-30-2012, 03:14 AM
does Zeek Rewards is scam? anyone knows? someone was do money with this site?


I have been an affiliate of Zeek Rewards for 3 months now. I have only bought 125 VIP bids so far but by placing my one ad daily and repurchasing bids with 100% of my retail profit share awards, my VIP account balance is now at 588 points. I am looking forward to purchasing 1000 more bids to further grow my point balance. I have not taken out any cash rewards yet since I am repurchasing bids with my awards currently, but my sponsor has and so has his sponsors, along with many others. Good luck with any of your future endeavors. If anyone would like real answers to legitimate questions feel free to email me privately.

Whip
01-30-2012, 10:55 AM
Why wouldn't you answer them in a public forum? What are you hiding?

lidlchris
01-31-2012, 01:38 AM
I have nothing to hide. It was late when I was typing and I thought I had put something about wanting more information on the opportunity. <- that I would have to do privately so that I don't get banned from this forum for self promotion. What do you want to know?

cwildgoose
01-31-2012, 06:23 AM
Hi, I too have been a member of Zeek now for several months. I have taken cash from my account as have others that I know. I am not here to self-promote at all as I have no need to team build. I am happy to answer genuine questions and have nothing to hide. I am a normal person, not a director of the company or anything akin to that.

littleroundman
01-31-2012, 06:38 AM
Welcome to REALSCAM.com (www.realscam.com) cwildgoose.

I certainly hope the "ads" you place are well designed and sell lots of products and/or services.

Otherwise, ZeekRewards will start looking like a ponzi where people THINK they are being paid to place ads, but, in reality, are being paid from other members' fees.

Maybe it's just me, but, I'd really like to know where the money is actually coming from.

No matter how you cut it, the only place where "placing ads" is a paying proposition is HYIPs, autosurfs and ponzis ESPECIALLY when you've got so many people (reportedly) doing it.

cwildgoose
02-01-2012, 02:35 PM
I realise that obviously opinions of this program are very low and it maybe that it will turn out sometime in the future that I have made a mistake in joining. However, it was my mistake to make, I am actually just an honest person who wanted to do something on top of what I already do that might help our financial situation. I didn't come on here to attempt to get anyone to join and certainly didn't expect that I would receive replies that ought to be directed at the company and not at innocent individuals like myself.

Soapboxmom
02-01-2012, 04:46 PM
I realise that obviously opinions of this program are very low and it maybe that it will turn out sometime in the future that I have made a mistake in joining. However, it was my mistake to make, I am actually just an honest person who wanted to do something on top of what I already do that might help our financial situation. I didn't come on here to attempt to get anyone to join and certainly didn't expect that I would receive replies that ought to be directed at the company and not at innocent individuals like myself.
Welcome to the site. The sad fact is the vast majority of work from home / online opportunities turn out to be scams, uneconomic ventures or opportunities where it is virtually impossible for a rep that joins to make any money. Most particpants are honest, hard working people who want or desperately need to supplement their income and it usually ends up costing that person more time and money. Our colleague Dr. Taylor has some great ideas for supplementing income. Sometimes a second part-time job is the only answer. Get creative and work with family friends and neighbors to set up babysitting exchanges and perform needed services for one another.

1,357 ways to make more money than in MLM. (http://www.mlm-thetruth.com/tools1/1357ways/)

A reply about the nature of a business should be directed toward a rep for the simple reason the rep can be held legally liable for the representations they make according to the FTC:



Your Responsibilities
If you decide to become a distributor, you are legally responsible for the claims you make about the company, its product and the business opportunities it offers. That applies even if you're repeating claims you read in a company brochure or advertising flyer. The Federal Trade Commission advises you to verify the research behind any claims about a product's performance before repeating those claims to a potential customer.

In addition, if you solicit new distributors, you are responsible for the claims you make about a distributor's earnings potential. Be sure to represent the opportunity honestly and avoid making unrealistic promises. If those promises fall through, remember that you could be held liable.




So, one should be sure to thoroughly research any business they will be representing for their own protection.

Soapboxmom

path2prosperity
02-02-2012, 03:24 AM
I have seen Zeek pimped by dubious charachters for months and never bothered to read more than a few words of the sales spiel but I saw one on Scamlandpro, that may interest readers on this thread. Scamland's Zeek Sales Spiel. (http://www.zeekteam.tk/)

QUOTE FROM SCAMLAND.

ALL ABOUT ZEEK REWARDS
ZEEK REWARDS SUBSCRIPTIONS
QUALIFICATIONSRANK AND VOLUME
THE 2X5 MATRIX
ZeekRewards excel calculator
ABOUT US


HOME
"Business is a combination of war and sport" Andre Maurois
ALL ABOUT ZEEK REWARDS customer service

ALL ABOUT ZEEK REWARDS
Zeek Rewards is an affiliate program for Zeekler.com. Zeekler.com is a penny auction site that brings in huge revenue daily. Instead of paying for costly advertising the company decided to create an affiliate program Zeek Rewards. Zeekler shares a percentage of the revenue brought in daily with Zeek Rewards members. In return Zeek Rewards members place one ad daily in the easy to use back office for zeekler. This is how upgraded members qualify for the retail profit pool daily.WHO IS BEHIND ZEEKLER AND ZEEK REWARDSZeekler and Zeek Rewards are owned by Rex Venture Group LLC, a subsidiary of Lighthouse America, US (NV) company. The company was established on June 24, 1997 and adopted the d/b/a Lighthouse America later that year.Their headquarters is located in the beautiful town of Lexington, NC, USA on the I-85 corridor connection Charlotte and Raleigh. Rex Venture Group, LLC is a Nevada-based limited liability company that got it's start and has operated as a company in good standing for 14 years under the d.b.a Lighthouse America.Zeek Rewards provides a world-class Affiliate Services Department. Our dedicated web server farm, operated and maintained by Internet Dynamo, Inc is located in Miami, Florida, USAcompensation-planZEEK REWARDS DEFINITELY REWARDS 1- ZAP Commissions: Earn 20% on all personally referred customers retail bid pack purchases on Zeekler.com 2- Your Retail Store: Earn the difference between your wholesale discounted price and the retail price listed in your retail store. No inventory, no hassels, no "garage qualifying". Simply promote your link and earn monthly margin checks on any purchases made by your customers without any of the headaches! 3-The Retail Profit Pool: As a Premium, Qualified Affiliate* who places and submits one FREE AD every day, you can earn daily awards through the ZeekRewards profit-share program. PLUS earn up to 10% on every VIP bid sold on your personally sponsored affiliates and up to 5% on your 2nd generation affiliates purchases (for those who qualify). Read more on the How It Works page. 4-Retail Subscription Profits: Earn a 20% monthly retail profit from all personal retail sales on personally sponsored affiliate’s subscriptions. The 20% is based on the monthly subscription price regardless of rank qualification or placement in the matrix structure. This 20% takes precedence over other matrix commissions as follows and NOT in addition to it. 5-The Shopping Daisy: Earn affiliate commissions through the most popular affiliate shopping programs on the Internet by giving away this incredible price-saving application FREE! 6- The Matrix: Earn up to $3.50/month on every paid subscriber in your personal 2x5 Forced-fill matrix...and qualify to earn matching bonuses to unlimited depth...residually! * A Qualified Affiliate" is a Preferred Customer or Representative who is currently enrolled in one of our monthly Premium Business Center subscription plans (Silver, Gold or Diamond), has enrolled Retail Customers or joined the Customer Co-op, has given away a minimum of 10 VIP Bids as samples, and has placed a qualifying advertisement for Zeekler.com for the current 24 hour period and submitted it through his or her ZeekRewards back office. Affiliates who have not yet qualified can earn retail profits while they watch their Bonus Points grow daily, however only Qualified Affiliates can qualify to earn daily retail profit-share awards.JOIN ZEEK TEAM NOW!

Zeek Rewards Official Review


ZEEK REWARDS SUBSCRIPTIONS Office meeting

ZEEK REWARDS SUBSCRIPTIONS
Free AffiliateFree Affiliates are able to use the ZeekRewards system and share it with others. You'll have your own replicated Zeekler penny auction website, your own replicated ZeekRewards website, your own replicated ShoppingDaisy app download and marketing website AND You are also given your own personal online, e-commerce enabled retail store. This store is fully stocked with high-value merchandise and whenever someone makes a purchase YOU earn the profit! Plus you receive your own ShoppingDaisy! ShoppingDaisy is a fantastic money-saving, downloadable web-based app and your very own personal Shopper! Give it away free to everyone you know and drive customers and traffic to your Zeekler.com website with your unique Zeekler link on every app you give away!Your enrollment also places you in a 2 x 5 "forced matrix" as part of your sponsor's group. As you and the affiliates upline from you invite others and then they invite still others you begin building a group of affiliatess in your own 2 x 5 "forced matrix". Should you later decide to upgrade from Free Affiliate status or earn qualifying PV and Rank you will already have these affiliates in your downline!ZAP - Zeekler Affliate ProgramAll registered affiliates qualify (regardless of title or rank) to earn through our powerful Zeekler Affiliate Program.20% Retail Profits on Personally Sponsored Premium Subscriptions! Earn 20% on every Silver, Gold & Diamond subscription you sell, month after month! 20% Retail Profit on Retail Bid Sales on Zeekler.com! Earn 20% on every bid pack sold on your personal referred retail customers!! Monetize your blog...advertise directly...share the auctions through our social media tools in every way possible and you will earn 20% on your personally referred customers' biddpack purchases through ZAP!**Please Note: Affiliates in your 2 x 5 forced matrix who upgrade before you do will not create commissions for you. The sooner you upgrade or qualify the less the chance of missing out on potential earnings! The purchase of a Premium subscription generates automatic rank qualifying PV. **2nd level retail profits and matrix commissions and 2nd level VIP Bid purchase overrides are paid to qualifying representatives of distributor rank or higher. A qualified rep is an active affiliate who generates PV to earn specific rank AND has personally sponsored a minimum of 2 Preferred customers or higher. (see "Qualifying Rank" and "Personal Volume" sections below)1-Premium SubscriptionsSilverSilver Affiliates pay just $10.00 per month for their Silver subscription and receive 10pv/month on the purchase and renewals.Silver owners receive:Their own unique personal e-commerce enabled retail storewith even higher profit margins and deeper discounts in your wholesale store! Plus you receive your own ShoppingDaisy!ShoppingDaisy is a fantastic money-saving, downloadable web-based app and your very own Personal Shopper! Give it away free to everyone you know and drive customers and traffic to your Zeekler.com website with your unique Zeekler link on every app you give away! 2-GoldGold Affiliates pay only $50.00 per month for their Gold subscription and receive 50pv/month on the purchase and renewals.Gold owners receive:A fully customizable personal e-commerce enabled retail store with even higher profit margins and deeper discounts in your wholesale store!Add your own departments and products...take the ones away you don't want...it's entirely up to you! Plus you receive your own ShoppingDaisy withAn all-inclusive ShoppingDaisy affiliate link-up system in your ZeekRewards back office!Link your account to the top affiliate shopping programs on the Internet! Start earning TODAY on the purchases of everyone who downloads the app in your personal referral network! Give it away free to everyone and earn on their purchases!!Drive customers and traffic to your Zeekler.com website with PLUS you receive a unique link to your ZeekRewards biz opp Drive traffic like never before to BOTH your Zeekler.com AND PLUS you will receive ShoppingDaisy special Co-Op Opportunities for lead generation and customer and rep acquisitions!3-DiamondDiamond Affiliates pay only $99.00 per month for their Diamond subscription and receive 100pv/month on the purchase and renewals.Diamond owners receive:Our MOST fully customizable personal e-commerce enabled retail storeEarn the highest profit margins and deepest discounts in your wholesale store! Add your own departments and products...take the ones away you don't want...it's entirely up to you!PLUS Diamond store owners can customize the look and feel of their store. Plus you receive your own ShoppingDaisy with an all-inclusive ShoppingDaisy affiliate link-up system in your ZeekRewards back office!Give it away free to everyone and earn on their purchases!!Drive customers and traffic to your Zeekler.com website with your unique Zeekler link on every Shopper you give away FREE!PLUS you get a link to your ZeekRewards biz opp site!Drive traffic like never before to BOTH your Zeekler.com AND ZeekRewards.com websites! Link your account to the top affiliate shopping programs on the Internet! Start earning on the purchases of everyone who downloads the app in your personal referral network! PLUS Receive "Roll-up" Retail Profits on any uncollected profits on your entire personal referral network!PLUS a fully integrated Lead Capture System for both customers and biz opp seekers!PLUS you own the ad space on both the app AND the searches of everyone in your referral network!Diamond Subscribers will also receive ShoppingDaisy special Co-Op Opportunities for lead generation and customer and rep acquisitions _ 50% OFF!The Diamond/Executive Pool$1.00 from every New Gold and Diamond Subscription and renewal is placed in a special pool. Each month that pool is divided and paid out to qualified Diamond/Executive Affiliates, using the following chart to determine the number of shares each will receive. The shares are based on the previous month's NEW enrollments:Personally Sponsored Level Shares Earned Silver Suite Subscription 1 Gold Suite Subscription 5 Diamond Suite Subscription 10Note: No VIP Bids are included with any of our subscription packages.JOIN ZEEK TEAM NOW!
QUALIFICATIONSRANK AND VOLUME
add-page01
QUALIFICATIONS,RANK AND VOLUME
Personal VolumeThere are 4 ranks that can be achieved through ZeekRewards that offer our qualified reps the ability to earn exponentially more residual income. These ranks depend on Personal Volume (PV) achievements. PV can be achieved by owning and/or selling Premium (Silver, Gold and Diamond) s. Each purchase and monthly renewal of a Premium BC earns the following PV for the sponsoring representative:Premium BC Subscription Level Personal Volume Silver Affiliate 10Gold Affiliate50 Diamond Affiliate 100Qualifying RanksThe ranks are as follows:Rank PV Required Distributor 10 Manager 50 Executive 100 Sr. Executive 600Distributor:As a Silver subscriber you automatically qualify as a Distributor rank when you personally sponsor 2 qualified Preferred Customers and automatically begin earning residual income on every paid subscriber in your personal 2x5 forced matrix instantly when you qualify!! Plus Distributor's also earn 5% retail profit on all VIP Bid purchases of people they personally sponsor and **an additional 2 1/2% override on their second-level affiliates purchases (**once you qualify!)Reps who qualify at the Distributor rank earn $0.25 on each Silver, Gold and Diamond subscription in your downline in the 2 x 5 forced matrix. (Paid monthly upon renewals). Manager:As a Gold subscriber you automatically qualify as a Manager rank when you personally sponsor 2 qualified Preferred Customers and automatically begin earning residual income at the Manager level on every paid subscriber in your personal 2x5 forced matrix instantly when you qualify!! Plus Manager's also earn 7% retail profit on all VIP bid purchases of people they personally sponsor **and an additional 3 1/2% override on their second-level affiliates VIP bid purchases! (**once you qualify!)Reps who qualify at the Manager rank earn $0.35 on each Silver Affiliate's monthly subscription and $1.00 on each Gold and Diamond Affiliate's MONTHLY subscription in your downline in the 2 x 5 forced matrix.(Paid monthly upon renewals). Executive:As a Diamond subscriber you automatically qualify as an Executive rank when you personally sponsor 2 qualified Preferred Customers and automatically will begin earning residual income at the Executive level on every paid subscriber in your personal 2x5 forced matrix instantly when you qualify! Plus Executive & Sr. Executive's also earn 10% retail profit on all VIP bid purchases of people they personally sponsor **and an additional 5% override on their second-level affiliates VIP bid purchases! (**once they qualify as rep!)Reps who qualify at the Executive rank or higher earn $0.40 on each Silver Affiliate's monthly subscription, $1.50 on each Gold subscription and $3.50 on each Diamond Affiliate's MONTHLY subscription in your downline in the 2 x 5 forced matrix.(Paid monthly upon renewals).JOIN ZEEK TEAM NOW!
THE 2X5 MATRIX
add-page01
THE 2X5 MATRIX
All subscribers, free and paid, are placed in a 2 x 5 "forced matrix" pay structure when they initially subscribe .Please Note : Free and inactive subscribers are compressed out during commission runs.2 x 5 means that each affiliate has two positions directly connected to him or her, one to the left and one to the right directly below their own. Each of these positions, likewise has two connecting positions below them, and so forth.There are 5 rows, or LEVELS. This means that, numerically each row or level has twice as many positions as the row above. It's called a "forced" matrix because, since each position only has two direct downline positions, additional invitees are "forced" below existing positions.For example, if you sponsor Joe and Mary then Joe would be placed in your first position (your left downline position) and Mary would be placed in your second position (your right downline position). If you were to then sponsor Andrew, he would be placed under Joe, filling Joe's first, or left, downline position, since your only two direct connected positions are full.Affiliates that are forced under other affiliates are called "spillover" affiliates. Again, although Free Subscribers are placed in this structure, they can not earn from it until they have upgraded to one of our Premium subscriptions or have earned qualifying rank and personally sponsored a minimum of 2 Preferred Customers.IMPORTANT: Commissions are paid on a COMPRESSED 5 levels or rows. In other words, free affiliates are skipped and not counted when 5 levels are calculated for commission payments.Zeek Rewards has a very deep affiliate plan. Our goal is 2 upgraded members for all We Zeek Members at first,but look what happens when you personally sponsor more than 2 members. Make sure you notice matching bonuses and the ranks.Your Personal Matrix(Personally Sponsor 2 Preferred Customers to qualify) To earn through the first 5-Levels... Rank to sponsor is-Preferred-to achieve this goal.Matching Bonus 1(Personally Sponsor 3 Preferred Customers to qualify) Level 5 -1,984... Rank to sponsor is-Preferred-to achieve this goal.Matching Bonus 2(Personally Sponsor 4 Preferred Customers to qualify) Level 10-63,488... Rank to sponsor is-Preferred-to achieve this goal.Matching Bonus 3(Executives who personally Sponsor 5 Qualified Reps to qualify) Level 15-2,031,616... Rank to sponsor is-Qualified-to achieve this goal.Generation Bonus(Sr. Executives who Personally Sponsor 6 Manager rank or higher to qualify plus 600 pv) Generation...Rank to sponsor is-Manager-to achieve this goal.Bonus Pool People will naturally achieve the above with We Zeek in time..25/Silver, $1/Gold & $2/Diamond subscription and renewal is put in the Generation Bonus Pool and shared by all who qualify. JOIN ZEEK TEAM NOW!
ZeekRewards excel calculator



add-page01
How Much Money Is It Possible To Make Joining As A Free Member
In the calculations below I have used my ZeekRewards excel calculator. You can download the calculator in the following link, to check my calculations for yourself:=> Click Here to Download Zeek Rewards Excel Calculator A very common option is to join Zeek Rewards as a free member. In the following video I demonstrate using the excel calculator that even in this case you can get to around $300 a month

zeek_compound.xls
ABOUT US business meeting

About Us
We have been an affiliate marketer online for awhile. We have never seen an affiliate program like Zeek Rewards! There are so many ways to earn here,that you can tell the management group knows how valuable their affiliates are. Zeek Team wants to really take advantage of this and make a lot of people money.If you think you are a serious internet marketer or are ready to make a change in your life Zeek Team is for you.If you are new to online affiliate marketing and would like to learn. We are here to help you.You may send me a message by clicking the contact word on the navigation menu up top.All The Best,

Zeek Team

Questions? I am Here To Help

Email Us

Cellphone

All Rights Reserved. Zeek .Team (c) Privacy Policy
This Website was created usingwix.com StartWebsite builder

Whip
02-02-2012, 11:59 PM
Ripoff Report | Rex Venture Group LLC | Complaint Review: 801135 (http://www.ripoffreport.com/work-at-home-business/rex-venture-group-ll/rex-venture-group-llc-zeek-rew-e5fd0.htm)

Lady1178
02-16-2012, 07:17 PM
does Zeek Rewards is scam? anyone knows? someone was do money with this site?

Zeek Rewards in my opinion is not a scam, I am trying it out now myself and have been for a month now. I must say that so far it seems legit and my sponser whom i've been speaking with for awhile now really is making good money. I have seen it with my own eyes. I am not here trying to sale you but rather tell you that it isn't a scam.

I realize that paul has had other mlm failures but many business men fail for various reasons, I believe that this time, he's done things right. Zeekler started out with two auctions a week and now have hundreds. They have just opened up a new customer service support center two days ago. They are growing and expanding. The community I am with has over 21,000 members and that is just one community/matrix. That tells you just how much they've grown in one year.

I'm here for anyone who wants to know more, better yet you can sign up for free and see all the info you need.

littleroundman
02-16-2012, 08:47 PM
Welcome to REALSCAM.com (www.realscam.com)

Your post indicates you're a relative newcomer to the world of online get-rich-quick schemes and 'net fraud.

The main two reasons you've given for your belief ZeekRewards is NOT a scam could have been taken straight out of the "FraudVictims 101" handbook

* "People are making money" Well, of course they are. That's the whole point of fraud, isn't it ?? Someone makes money by defrauding someone else.

Uplines make money, downlines make little or nothing. MLMfraud 101

I find it telling you say "my sponsor" is making money, not "I" am making money or "my friends" are making money.

"The community I am with has over 21,000 members" is another line straight out of the victims handbook.

AdSurf Daily claimed it had 100,000+ members before it was busted by the Secret Service(look it up)

There are 13,500 names on the list of Madoff Investments victims.

The number of victims is more testimony to the skill of the fraudsters rather than an indicator of the likelihood of fraud.

mrfarshay
02-27-2012, 08:31 PM
I am new here but want to share some information with everyone about Zeek Rewards.

.14 year old company (not any old cycler program)

.#1 MLM in the World (you don't gain that status if you are scamming or ripping people off).

.Hired top attorneys such as Kevin Grimes & Howard Kaplan to ensure they are in compliance with the government and the affiliates are taken care of.

.100% are completely serious about compliance & make sure that false promises are provided by affiliates running around.

With that said I would like to explain how they are sustainable & "where the money comes from". Their Zeekler site is a penny auction website. A penny auction runs very simply. They allow customers to purchase penny bids for $1.00. One bid costs a customer $1.00. The Zeekler site starts an auctions at .01 on an item such as a new plazma television. Customers then bid versus each other trying to win the Plasma Television. Let's say for example that this television sells for $300.00.

Well Zeek Rewards has just now made $3000.00 for selling that television. The person who won the auction purchased it for three hundred so everyone is happy. Now with that said they have tons of auctions going on 24/7 & require the 200,000+ affiliates in this business to post 1 ad a day which promotes the PENNY AUCTION WEBSITE. Hopefully you all can see now they are making amazing profits and can sustain their business while paying the affiliates.

If anyone has questions or concerns & needs more information about this company you can reach me at [email address removed as spam by moderator]. I have disected this business down to the T & will answer any questions you have .

littleroundman
02-27-2012, 09:21 PM
http://i218.photobucket.com/albums/cc153/thelittleroundman/news.jpg

Gee, that's interesting.

I wonder which "Federal Laws" changed and when the changes are/were implemented.

efbernstein
02-29-2012, 04:02 PM
okay call me [removed by mod] 0r skype me [removed by mod] Thanks



Hi,
need to share with you something really phenomenal ! I'm a part of the most amazing earning opportunity right now that this has NEVER been done before, EVER - until now.
The company is called “Zeek Rewards”, and it is an opportunity where you can earn excellent money starting as a free member. Your daily task for earning money is to place one Ad. You will be given a step by step instruction on how to place an Ad.

Here´s the plan in a nutshell:
1. Join Zeek Rewaeds free [url removed by mod] , get $100 bonus. Place your ad daily and report it (takes 1-5 minutes), let the $100 credits earn daily interest until it becomes $225 credits. After signing up, I will send you important information about this business.

2. At that point (in approx. 10-12 weeks), you need to upgrade for $10 a month. Then $125 is moved into your compounder and you get 125 auction bids. That $125 profit just turned into REAL MONEY and all it cost you out of pocket is $10!

You can then continue compounding it at any rate you like from 0% to 100%.

Based on the ‘return on investment’ Zeek Rewards aims for, and with 100% compounding, it only takes about 72 weeks to get to the $25,000 level. Then with an 80/20 repurchase/withdrawal ratio, that will make you about 3k per month TAKE HOME.


You are invited to become a part of one of the easiest-to-do and most exciting business opportunities on the internet!
Marco
Independent Investment Manager
P.S. Please contact me. I am a real person and I want you to tell me your concerns or ask me questions.
[self-promotion link removed]

Tommyh
03-05-2012, 02:02 PM
I am new here, but came across this post. I plan to look more around at the forum and review the site in hopes to learn more about various scams, ways to earn legit, etc.

I joined up with ZeekRewards as a free member several months back. I did research the company and it appeared to me as a MLM, it has a product (zeekler penny auction site) you are giving sample bids for people to try then sell them bids for them to use if they like it. It's like the shake companies out there, you have a product you promote (in this case penny auction site), give samples for people try it, if they like it and purchase from you, you earn a commission. Also if you have a people under you (how MLM works) you get a percentage from them. Not saying there are not other ways to make money but MLM have been around for a while and people have been successful with them.

I have not invested any personal funds into this but can say I have seen money from them. I took the option to sign up for the free account what do I have to lose, I earned some commissions from bid packs that customers purchased and upgraded to a paid membership. After some time I started pulling money out and have gotten paid. Like it was mentioned before they allow their members to participate in a profit share. As long as there are customers using bids, paying for auctions they win, then there is a profit to be made with the penny auction model. Some people hate penny auction sites, others love it. As long as there is customers for it then there is a demand. Once that demand leaves then so will the income.

I can see why the first thread was requested to be removed. When you use a company like this you should not make any income claims to bait/lure people into the program. It just screams scam, get rich quick, etc. If you do you have to have some form of disclosure, as each person can have a different experience. I believe to do this is not being 100% legal as a business if you don't include a disclosure. I want to say that Zeek Rewards realized this and as a result are removing these sort of things from the WWW. It has been made clear with them that if they are left up or it continues then those affiliates will have their accounts closed. As with any business income is never guaranteed. It took me over a year to start seeing profit from my primary business (photography).

As far as what federal law was changed and when. Well you can go to http://ftc.gov/os/fedreg/2011/11/111122bizoppfrn.pdf and read all about the changes. All the updates and changes went into place on March 1, 2012 (noted on page 1).

What Zeek was doing was allowing affiliates to purchase customers from them. This allowed people who were not good marketers to just purchase customers from the company which would allow them to earn in the profit share. Also means affiliates had to work less at their business as they could just purchase customers instead of getting them on their own. Yes this does seem shady, but you can purchase leads/lists from other people so not something out of the norm.

On page 45 of the law if you look at the 3rd column, part (M) it reads "Providing locations, outlets, accounts, or customers means furnishing the prospective purchaser with existing or potential locations, outlets, accounts, or customers;" (there is more to this section). But what I took from it is as a business opportunity the company cannot provide you with customers for a fee/cost.

Zeek has made changes according to this hence the screen grab saying "The good news, The bad news" they will no longer be giving customers if you pay them. They will give you customers and there are ways to qualify for this but you wont be buying them. Affliliates also received 1099's for their income last year so they are reporting to big brother. From searching on the web they have been going for a year with this program, they are making changes it seems to keep the program running and not get in trouble with the law.

I am not a high up with Zeek, heck I don't even a huge downline. I am just along for the ride and so far with the changes it appears they are attempting to be a legit business opportunity/MLM. Changing with the times to ensure longevity of the program. Until I see otherwise from them to question it then...

Whip
03-05-2012, 10:39 PM
Selling gambling is not selling a product. Much like the scam dubli is trying and failing at.

littleroundman
03-05-2012, 10:45 PM
Unfortunately for the great majority of Zeek Rewards members, Zeek Rewards' interpretation of the FTC regulations which came into effect in March is deliberately misleading, as is Zeeks' explanation of the long term consequences faced by both Zeek Rewards and, more particularly, it's members.

littleroundman
03-06-2012, 06:21 AM
Reproduced with kind permission from Ozsoapbox at http://behindmlm.com/companies/zeek-rewards/zeek-rewards-admit-business-model-was-illegal/ (http://behindmlm.com/companies/zeek-rewards/zeek-rewards-admit-business-model-was-illegal/)

http://i218.photobucket.com/albums/cc153/thelittleroundman/ozzeek.jpg

This happened regardless of whether or not the company gave bids away or not and despite the company claiming otherwise, functioned as an investment with Zeek Rewards paying a daily return.

The problem was that with members re-investing their returns back into their point balances, it was completely unrealistic to imagine that Zeek Rewards would continue to experience infinite customer growth to give the daily bids being handed back to it to real customers.

Indeed it is common knowledge that this did not happen in real-time, with the company drowning in excess points it could not give away, a point queue was formed with Zeek Rewards giving away points as it acquired customers.

Despite member’s point having not been given away however, the company continued to pay members returns. With points not given away, this fuelled speculation that the Zeek Rewards daily returns were infact generated by the money being invested by members, rather than via customers using bids in the Zeekler auctions.

If your points haven’t even been given away, how do they generate revenue to share around?

The above has consistently been one of my major criticisms of Zeek Rewards and changing the business model so that bids are actually given away to real customers before returns are paid out was suggested on BehindMLM (http://behindmlm.com/companies/zeek-rewards/how-zeek-rewards-can-achieve-compliance-overnight/) roughly a month ago now.

A month later Zeek Rewards appear to have taken that suggestion on board and yesterday the company put out a press release (http://zeekrewardsnews.com/2012/02/goodbye-5cc-hello-prc) acknowledging their business model was illegal.

Citing Federal laws, Zeek Rewards state that:

http://i218.photobucket.com/albums/cc153/thelittleroundman/federal.jpg

The federal law changing is cited as being the ‘Federal Trade Commission’s Business Opportunity Rule (http://ftc.gov/os/fedreg/2011/11/111122bizoppfrn.pdf)‘.

Mostly it seems this rule is being changed to ensure that businesses are more upfront about any income claims they make, revealing a list of those who have previously bought into the business and an increase in transparency so that the end customer is able to make a more informed decision.

Regarding MLM however,

http://i218.photobucket.com/albums/cc153/thelittleroundman/commission.jpg

I haven’t gone over the rule in any great detail, but if I’m understanding correctly, the FTC has gone to great lengths to make sure this new rule doesn’t unfairly ‘sweep in‘ the MLM industry.

If Zeek Rewards are worried about it, is that even more evidence that the business opportunity is not MLM but rather a dressed up investment scheme?

Regardless, the problem was never so much that Zeek Rewards was charging for leads, the problem was that members were investing money and earning a return without they themselves selling anything.

The money being pumped into Zeek Rewards effectively served as an investment as those who invested did not they themselves acquire customers. They just gave the bids they were assigned back to the company and sat back as Zeek Rewards paid them a daily return. How much of a return received being entirely dependant on how much money they had invested.

Furthermore with Zeek Rewards refusing to cite how much of the daily profit share was made up of member investments, it was pretty obvious that with the company paying out returns before it had even given bids away that this meant the majority of the profit share had to be coming from member investments.

Nonetheless, in order to address this problem, Zeek Rewards went on to announce that:

http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek.jpg


The 5cc of course being the ‘dump VIP bids on Zeek Rewards and earn a return on them, regardless of whether they have been given away to real customers or not’ scheme.

In its place, starting March 1st Zeek Rewards are launching a preferred customer scheme.

The preferred customer scheme instead requires Zeek Rewards members to personally enrol two preferred customers a month. Upon doing so, the company then promises to provide any additional customers needed for that month (to dump VIP bids on) for free.

With the 5cc, there was no monthly requirement to acquire actual customers and members were simply charged $2.50 per “customer” they purchased from Zeek Rewards.

Preferred customers are basically Zeek Rewards members who don’t participate in the daily profit share. In exchange for a monthly fee, preferred customers receive VIP bids from Zeek Rewards (presumably bids ZR members have dumped with the company) and their own replicated retail storefront.

Oh and of course they are entitled to VIP bids the Zeek Rewards member who recruited them passes their way (subject to the limitation per customer depending on the Zeek Rewards member’s membership level).

After meeting their monthly two preferred customer recruitment requirement, Zeek Rewards members can then place customer orders with Zeek Rewards and dump their bids with the company as they previously did under the 5cc.

What’s interesting is that this will be a major change for the bulk of Zeek Rewards members. Previously those using the scheme as a passive investment opportunity are now they themselves going to have to recruit at least two preferred customers a month if they wish to continue doing so.

How this sits with the Zeek Rewards memberbase is of course yet to be seen. The company has vowed to uphold existing customer purchases but once these expire (which might take a few months), it is only then that a true reflection of the 5cc changes will be measurable.

Legality wise it appears Zeek Rewards are trying to tackle not only the fact that prior to March they were running a passive investment opportunity, but also the FTC 70/30 rule.

Before March 1st, 100% of the purchases made within Zeek Rewards were by members (VIP bids).

Following the introduction of preferred customers, Zeek Rewards are essentially setting up an autoship member option and by excluding preferred customers, hoping to count their purchases towards the 70/30 rule.

The problem of course is that under the 70/30 rule, 70% of the purchases must be made by non-members. Preferred customers are still members of Zeek Rewards and that’s still a problem for Zeek Rewards.

As far as the 70/30 rule goes, even with these changes they are still hopelessly failing to meet the FTC’s requirement.

I congratulate Zeek Rewards for coming clean and admitting that their opportunity was illegal but I’m a bit concerned over the manner in which they’ve chosen to do it.

The changes to the FTC’s Business Opportunity Rule do give them somewhat of a convenient scapegoat to cover the change to the business model, but at the end of the day it appears that the FTC rule change wouldn’t cover them anyway if they were a bona fide MLM company.

If Zeek Rewards wasn’t a legit bona fide company then that leaves them being an investment scheme, and when you consider the ‘passive investment’ model of the 5cc, a presumably illegal one at that.

It’s no secret that in the last few months Paul Burks and the rest of Zeek Rewards management have scrambled to hire lawyers to help them navigate the mess they’ve created, and if I didn’t know any better I’d say the timing of this announcement (just two days before the deadline seems rather abrupt to me), appears to be a hastily put together interim solution.

Indeed when you consider the company announced that ‘additional qualifiers will be put into place for April‘ it certainly seems like Zeek Rewards themselves haven’t finished addressing the company’s legal problems.

It’ll certainly be interesting to see what happens when the reality of the new preferred customer program hits Zeek Rewards members over the next few months.

I imagine failing to recruit 2 preferred customers a month is going to have some pretty dire consequences to member’s VIP point balances, especially when you consider the potential disruptions as a result of the rolling 90 day point expiration.


Stay tuned!

scratchycat
03-06-2012, 05:27 PM
Another Scamlandpro member is advertising this also:




Re: The President That Hates His Country By Joan Swirsky

3/1/2012 6:05:47 PM




What 3 wishes would you ask the Genie to chang ein your life today?




ZeekRewards - The Rewards Program of a Lifetime! (http://bizatoz.zeekrewards.com) you can earn 2% per day or 60% per month use daily JustBeenPaid - "You've Just Been Paid!" (http://adv.justbeenpaid.com/?r=HomeBizAtoZ&p=jsstripler8http://lnkd.in/xwqkPU)

Lenworth Nelson
Lenworth Nelson | AdlandPro Community (http://community.adlandpro.com/members/bizatoz.aspx)

scratchycat
03-06-2012, 05:28 PM
Oh yes!!! He also has that not rewarding JBP!!!

Whip
03-09-2012, 02:15 PM
So you can allegedly make $3,000 a month with out putting anything but pay $3,500 and lose it within a month? lol

Ripoff Report | ZEEK REWARDS | Complaint Review: 851200 (http://www.ripoffreport.com/multi-level-marketing/zeek-rewards/zeek-rewards-zeekler-zeek-rew-18758.htm)

Lil Ol' Radical Me
03-09-2012, 09:35 PM
Selling gambling is not selling a product. Much like the scam dubli is trying and failing at.

You just read my mind. LOL

littleroundman
03-09-2012, 10:47 PM
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek-1.jpg

Someone should tell him he's not doing anything wrong.

It's a ponzi money game, that's how they work.

Of course, the usual suspect shills are telling the poor guy it's all HIS fault.

Lil Ol' Radical Me
03-10-2012, 11:34 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek-1.jpg

Someone should tell him he's not doing anything wrong.

It's a ponzi money game, that's how they work.

Of course, the usual suspect shills are telling the poor guy it's all HIS fault.

New members of the autosurf and other "advertising style" HYIPs do not usually understand that these are NOT advertising opportunities. The only people who click on their ads are other salesmen, who are also members. They are rarely visible to the online public and, anyway, people do NOT just sit and click on ads out of interest. They are there to give more clicks on people's sites, although it is rarely reasl convertible traffic and, in the case of the Zeeks of this world, to make money promoting them (i.e. creating unregistered investment opportunities)

Real online advertising places are like eBay and other ecommerce sites (not dubli and their ilk, not to cause confusion) where you can go and look for things you want to buy. Digital products averts are rarely allowed onthese places because it is difficult to ascertain whether or not they have real value. There are sites like Amazon and others which sell computer programs and ebooks and other legitimate digital products. They do not, without exception, get involved in the sale of "online opportunities"

I hope he reads this, but doubt that it will ever happen.

scratchycat
03-11-2012, 02:06 PM
Is Andy Bowdoin tied into this program??

“Can They Really Win After All This Time??”; from Joe Shoop « ASD Updates (http://asdupdates.wordpress.com/2012/03/11/can-they-really-win-after-all-this-time-from-joe-shoop/#comment-447)

Wizzard7
03-11-2012, 04:19 PM
Is Andy Bowdoin tied into this program??

“Can They Really Win After All This Time??”; from Joe Shoop « ASD Updates (http://asdupdates.wordpress.com/2012/03/11/can-they-really-win-after-all-this-time-from-joe-shoop/#comment-447)

Well, if Joe Shoop is in it, other well known ASD members are also in it. I would not be shocked to find out that Bowdoin is also neck deep in this. He knows no other way to fund his lifestyle other than scamming people. Several federal agencies are keeping an eye on Saint Uncle Andy...

What an idiot he is, thinking he can promote scams while awaiting trial for promoting a scam! His lawyers cannot be that good, to get him off after all of this.

scratchycat
03-12-2012, 11:09 AM
Thanks Wizzard, it seems he is involved in other scams while awaiting trial, he must be addicted and just can't quit.


2.
Humperbogart said
March 11, 2012 at 3:01 pm
It appears that they are using money from new members to fund existing members through something called awards. There are free members, but if one wants to earn rewards then they must buy something called bids. (think adPacks, it is the same thing). Then members can earn daily points of 1% to 2% on their bids. Now points can (within confusing guidelines) be given an awards in dollars. But even then the awards are necessarily available for cash out. Guess what, furthermore you have to realize income based on the award of points as well as any cashout amounts. When 1099′s were issued this past month, people found out that their income was much higher than they thought it should have been. Company said to just declare the difference between the 1099 amount and the real amount of income that you received as rebuys. If you read their rules on their website, you will see more similarities between ZeekRewards and ASD than you would any uniqueness. For example, ZeekRewards makes a statement that they will not have ralleys. Why was that statement necessary? Bottom line is that Zeek Rewards is a attempt at imitating ASD and all they did was to just change a few words. Also, members are warned to not refer to the buying of bids as investments. Sound familiar????

As mentioned above, ZeekRewards attempts to convert from bids to points into dollars. While the member gets a ridiculous 1099 showing earning much beyond what they really earned….I would suppose that ZeekRewards would also be filing Federal income taxes and showing each members earnings as a fictious amount from which they (Zeekrewards) take a tax deduction; at least this appears to be the case.

The entire model is very confusing but I will leave it to the IRS or DOJ to help sort it out. I feel pretty sure that at some time or another they will get that knock on the door.

My advice to stay the hell away from it. If you have money in and can get it out, I would do so.

P.S. We know who Joe Shoop is…..as well as a number of other senior members in ZeekRewards….



asdupdates said
March 11, 2012 at 4:15 pm
Yeah, I would be the names of the former ASD members abound in this thing. If they are there, Andy cannot be far behind. Would not shock me a bit if he had his hand in multiple scams while awaiting trial for ASD. But, be assured, the DOJ knows about ZeekRewards. How do I know that? Let’s just say a little birdy told me.


Humperbogart said
March 12, 2012 at 10:41 am
Outstanding….I was hoping that the DOJ had noticed. ZeekRewards needs to go down. I’m pretty sure that the IRS would be interested too and may already be auditing. Who knows. Their assumptions regarding taxes (e.g. income) is a sure sign that either they don’t understand tax laws or don’t give a flip.

“Can They Really Win After All This Time??” from Joe Shoop « ASD Updates (http://asdupdates.wordpress.com/2012/03/11/can-they-really-win-after-all-this-time-from-joe-shoop/)

scratchycat
03-17-2012, 08:50 AM
Zeekler Bid Giveaway!! Join Now For Up To 500 Free Bids!!! (http://www.zeekler.com/splash/Index.asp?UserName=6mmz&XCX=1)

Being promoted by Scamlandpro as in this article:


Freezeekler the new home based internet business.
Real business with real growth. Invest 2 hours a month and see
your business thrive.

The more time invested the better your growth of course


Zeek Affiliates are giving away up to 500 FREE BIDS to each of their registered and new customers!

Free Bids can come in one lump or in increments so be sure to check your Zeekler.com bid account often! Our AMAZING Bid Giveaway starts August 15th 2011 and will continue throughout the year! You will receive an email when your extra FREE BIDS post to your Zeekler.com account.

You will have 30 days to use Free Bids from the date they post to your account so don't delay!

Happy Bidding!

Zeek

Is Zeek another name for Andy Bowdoin or one of his partners in crime??

littleroundman
03-17-2012, 09:29 AM
Is Zeek another name for Andy Bowdoin or one of his partners in crime??

That's the million dollar question which will likely only be answered during Bowdoins' trial.

littleroundman
04-04-2012, 07:34 PM
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek-2.jpg

littleroundman
04-04-2012, 07:34 PM
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek3.jpg

littleroundman
04-06-2012, 01:17 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek-3.jpg

Whip
04-06-2012, 08:19 AM
So a zeekster let's the cat out of the bag that alertpay really is paying.......contrary to what russo and the other scammers claim..

littleroundman
04-21-2012, 01:03 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeekincom.jpg

* 89.2% of Zeek Rewards’ US based members are either ‘inactive’ or have failed to recruit at least two preferred customers.

* Of that 89.2%, 65.73% are inactive and the remaining 70% are active, but have failed to recruit two preferred customers. Pretty indicative of just how much importance is placed on preferred customers when you consider that every member of that 70% group have been active in Zeek Rewards for over 12 months.

* Membership wise for the 2011 year closing Zeek Rewards had 15,318 active members, making up just 34.22% of the total 44,763 registered memberbase.

Note that these are US-based affiliates, with the company choosing not to share its global memberbase statistics.

* Income wise not so surprising was the top average income bracket being the ‘Executive’ membership level, coming in at $10,310.

Executive Zeek Reward members are Diamond members who have at least 2 preferred customers underneath them. Diamond being the paid membership level that offers members the highest amount of VIP bids to give away per customer, it only follows that with most Zeek Rewards members participating in the investment scheme, that this bracket would have the highest average income.

* Senior Executives give them a run for their money (an average of $5,594) but there are almost four times as many Executives as there are Senior Executives.

* The average annual income for all affiliates worldwide in 2011 was $1076.24
* In 2011 64 % of all distributors worldwide received no income at all (65.73% in the US)



Download complete Zeek Rewards 2011 Annual Income statement (http://www.zeekrewards.com/ZeekRewardsIncomeDisclosureStatement2011.pdf)

littleroundman
04-21-2012, 01:29 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeekwarn.jpg

http://www.mlmdownlinebuildingsystem.com/2012/03/zeek-rewards-is-illegal-scam-say-what.html?showComment=1333499510395#c5432035743238 827132 (http://www.mlmdownlinebuildingsystem.com/2012/03/zeek-rewards-is-illegal-scam-say-what.html?showComment=1333499510395#c5432035743238 827132)

littleroundman
04-21-2012, 02:42 AM
Reproduced here with the kind permission of OzSoapBox at BehindMLM.com (http://behindmlm.com/companies/zeek-rewards/how-zeek-rewards-is-marketed-to-new-affiliates/)

http://i218.photobucket.com/albums/cc153/thelittleroundman/behindmlmlogo.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behindmlm1.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behindmlm2.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behindmlm3.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behindmlm4.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behindmlm5.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behindmlm6.jpg

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip.
Download the latest version here (http://www.adobe.com/shockwave/download/download.cgi?P1_Prod_Version=ShockwaveFlash&promoid=BIOW). You also need to have JavaScript enabled in your browser.

http://i218.photobucket.com/albums/cc153/thelittleroundman/behindmlm7.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behindmlm8.jpg

littleroundman
04-21-2012, 06:26 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/ftcwarning.jpg

Report Problems with Online Auctions
If you have problems during an online auction transaction, try to work them out directly with the website operator. If that doesn't work, file a complaint with the Federal Trade Commission at ftc.gov/complaint (http://ftc.gov/complaint) and your state Attorney General, using contact information at naag.org (http://naag.org/).

The FTC works to prevent fraudulent, deceptive and unfair business practices in the marketplace and to provide information to help consumers spot, stop and avoid them. To file a complaint (https://www.ftccomplaintassistant.gov/) or get free information on consumer issues (http://www.ftc.gov/bcp/consumer.shtm), visit ftc.gov (http://ftc.gov/) or call toll-free, 1-877-FTC-HELP (1-877-382-4357); TTY: 1-866-653-4261. Watch a video, How to File a Complaint (http://www.ftc.gov/multimedia/video/scam-watch/file-a-complaint.shtm), at ftc.gov/video (http://www.ftc.gov/video) to learn more. The FTC enters consumer complaints into the Consumer Sentinel Network (http://www.ftc.gov/sentinel/), a secure online database and investigative tool used by hundreds of civil and criminal law enforcement agencies in the U.S. and abroad.

Read the full FTC Penny Auctions Consumer Alert (http://www.ftc.gov/bcp/edu/pubs/consumer/alerts/alt041.shtm)

littleroundman
04-21-2012, 06:40 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/burksletter.jpg

littleroundman
04-22-2012, 12:30 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/NYTpenny.jpg

http://articles.latimes.com/2010/oct/11/business/la-fi-10110-scam-watch-20101011 (http://articles.latimes.com/2010/oct/11/business/la-fi-10110-scam-watch-20101011)

GlimDropper
04-22-2012, 05:20 PM
Now if I have this right Zeek claims that revenue from the penny auction site is high enough to keep paying all their promised obligations. How profitable are these auctions anyway? Well I can't think of another way to put it but they are frequently irrationally profitable. The following examples are from the Zeekler "Winner's Circle" and all of them are from the last two days. There were more than seven auctions like this but seven establishes a point.

1302

Prize Value: $200
Winning Bid: $125.27
Total Cost of Bids (TCB) made ONLY by eventual winner: $228.80

1303

Prize Value: $25
Winning Bid: $17.81
TCB: $98.80

1304

Prize Value: $75.00
Winning Bid: $11.84
TCB: $87.85

1305

Prize Value: $75.00
Winning Bid: $41.33
TCB: $185.90


(There's a limit of five attachments per post so continue in the next one)

GlimDropper
04-22-2012, 05:23 PM
1306

Prize Value: $50.00
Winning Bid: $5.94
TCB: $68.90

1307

Prize Value: $100.00
Winning Bid: $55.25
TCB: $183.95

1308

Prize Value: $100.00
Winning Bid: $20.28
TCB: $229.45

Maybe Zeek is earning enough, on paper, to pay rebates, err, rewards but these are just a handful of auctions results and only since yesterday and I fail to see how those numbers can be reconciled with common sense let alone with generally accepted accounting principles.

GlimDropper
04-22-2012, 06:24 PM
Just looking at that last auction and a light bulb went off. 65 cents per bid is the rate of record so to speak but with all the free VIP bids being bandied about and all the BOGO specials, a VIP bid is worth far less than 65 cents but $100 in an AlertPay account is still worth $100 in an AlertPay account*. So the winner of that auction traded $20.28 and 353 VIP bids who's value has the elasticity of rubber nickles for $100 cash into their AlertPay account.

Now it makes sense.



*-Zeek offers a cash value option in lieu of any prize you win, so this isn't specific to cash auctions.

littleroundman
04-22-2012, 10:06 PM
"Those who cannot remember the past are condemned to repeat it" George Santayana

http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek1.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek2.jpg

http://www.ripoffreport.com/multi-level-marketing/newnetmail-lighthous/newnetmail-lighthouse-america-b8e4p.htm (http://www.ripoffreport.com/multi-level-marketing/newnetmail-lighthous/newnetmail-lighthouse-america-b8e4p.htm)

littleroundman
04-23-2012, 02:20 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/teamaaron.jpg

Wondering why we would feature Aaron and Sharon ??

Do a quick Google using the term "team aaron shara" will provide you with plenty of bedtime reading about "Team Aaron Shara" and it's involvement with the HYIP and get-rich-quick industries stretching back many years.

Including:



Aaron Brett Andrews & his wife Shara
7601 Kingsley Court
Lake Worth
Florida
33467
USA
Phone: 1 (561) 432-1339
Email: teamaaronshara@bellsouth.net
Email: teamaaronshara@teamaaronshara.com
The original whois information from their domain name which they try to hide from you:
http://www.teamaaronshara.com (http://www.teamaaronshara.com/)
Domain name: teamaaronshara.com
Registrant Contact:
Aaron Andrrews TeamAaronShara@BellSouth.Net
+1.5614321339
Fax: +1.5614321339
7601 Kingsley Court
Lake Worth, FL 33467
US

littleroundman
04-23-2012, 02:27 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeekalexa.jpg

littleroundman
04-23-2012, 02:30 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/paulburks.jpg

PAUL BURKS

Whip
04-23-2012, 09:28 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/teamaaron.jpg

Wondering why we would feature Aaron and Sharon ??

Do a quick Google using the term "team aaron shara" will provide you with plenty of bedtime reading about "Team Aaron Shara" and it's involvement with the HYIP and get-rich-quick industries stretching back many years.

Including:



(http://www.joolrod.com/joolrod/bad-buisness/scam1.html)

Why does that Venture Capital Holdings sound familiar?

littleroundman
04-24-2012, 11:04 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeektg.jpg

http://www.talkgold.com/forum/showpost.php?p=4737662&postcount=380 (http://www.talkgold.com/forum/showpost.php?p=4737662&postcount=380)

http://i218.photobucket.com/albums/cc153/thelittleroundman/zeekpage.jpg

http://zeekrewards.com/ (http://zeekrewards.com/)

littleroundman
04-27-2012, 09:24 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek1-1.jpg

littleroundman
04-27-2012, 09:25 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek3-1.jpg

scratchycat
04-27-2012, 09:30 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek3-1.jpg

Don't you just feel sorry for these people when this happens???

I would guess the 'timed out' was because so many were TRYING to get their money...

GlimDropper
05-02-2012, 11:23 PM
There was an interesting post over at Oz's BehindMlm site (http://behindmlm.com/). If I'm reading this correctly prior to one of the compliance crackdowns some big promoters were flashing screen shots of their back office to brag about their Zeek Rewards incomes and it's quite possible that 2011's top earning US affiliate was (http://behindmlm.com/companies/zeek-rewards/calculating-the-true-value-of-zeek-rewards-members/#comment-75677) none other than Andy Bowdoin's old friend Todd Disner. Perhaps with an on paper profit of $700K. If true I want to know who he's working with (besides Dwight), looks like he's been in for over a year now. There's some level of indication that he's working with Dave Kettner of TVI fame which may explain Todd's new found networking skills and it would certainly explain all the spam blog backlinks tying their two names to Zeek.

Now if someone could just please send their Zeek affiliate link to Curtis Richmond, Barb Alford and Terralyn Hoy and we'd have the old gang back together.

EagleOne
05-04-2012, 02:16 AM
There was an interesting post over at Oz's BehindMlm site (http://behindmlm.com/). If I'm reading this correctly prior to one of the compliance crackdowns some big promoters were flashing screen shots of their back office to brag about their Zeek Rewards incomes and it's quite possible that 2011's top earning US affiliate was (http://behindmlm.com/companies/zeek-rewards/calculating-the-true-value-of-zeek-rewards-members/#comment-75677) none other than Andy Bowdoin's old friend Todd Disner. Perhaps with an on paper profit of $700K. If true I want to know who he's working with (besides Dwight), looks like he's been in for over a year now. There's some level of indication that he's working with Dave Kettner of TVI fame which may explain Todd's new found networking skills and it would certainly explain all the spam blog backlinks tying their two names to Zeek.

Now if someone could just please send their Zeek affiliate link to Curtis Richmond, Barb Alford and Terralyn Hoy and we'd have the old gang back together.

Let’s not forget Laura Pont, Kat, and Lady Di to be added to the group. But it seems they have almost gone underground since there were some bank accounts frozen by the feds.

littleroundman
05-04-2012, 06:12 AM
Out of the keyboard of one of Zeek Rewards own cheerleaders.

I can't quite figure out if he's trying to prove it IS a ponzi or trying to prove it ISN'T:

http://i218.photobucket.com/albums/cc153/thelittleroundman/zeekhersbear.jpg

Either way, the quote from Zeek Rewards own back office goes to show it's nothing more than a productless HYIP ponzi (barely) disguised as a MLM

Whip
05-13-2012, 11:03 PM
Ha ha ha ha. Sloan even jumps on ripoff report:

http://www.ripoffreport.com/multi-level-marketing/zeek-rewards/zeek-rewards-zeekler-zeek-rew-18758.htm

Whip
05-14-2012, 11:53 PM
Yes, I have started a multi-million dollar business.

I co-founded Lenos Software - Enterprise Interactive Marketing Platform | Strategic Meeting Management Platform | Partner Solutions Platform (http://lenos.com) if you want to check for yourself. I was the CTO founder with 2 other women. I opted out and received stock options. One day they will go public... LOL! If you don't believe me about my assertion, contact Patti and Debbie. They will tell you I was a founder who helped secure $3m in VC cash to run the company.

But that is besides the point, right?

Back to the subject at hand.

We can go back and forth but the fact remains that my support tickets are not being answered. I was demoted from Diamond to FREE because of their issues with SolidTrustpay. I didn't receive any daily earnings because of that. And rather than wait a day longer, I decided to upgrade as a Silver member. I still have yet to hear from support as many others.

I am not upset.

I am not angry.

I am getting paid now because I chose to fix the problem myself with what I know. It is okay.

So it is not essential that you come here sharing with me that the world isn't perfect. I am fully aware of that.

That is another issue we can talk about at another time if you so desire.

If you have any idea how long it will take for me to receive approximately 8 days ( i forgot how many days. which shows that I am not stressing) back-earnings and to receive my $99.00 Solidtrustpay payment refund for my subscription, then GREAT! That is all I ask. If they say "Faith, you will get in within 3-6 months. We are sorry for our sucky support and lack of communication, then that would be GREAT!" But dear, to-date, I have received ZERO communication except for the automated email that says we have received your request.

LOL.

Why do people think that when there are problems with a deal or in life, that a person is being negative? No. I am just being factual and asking for communication or insider knowledge as to what is going on. Is that too much to ask for?

Don't take it personal honey. Detach the emotion from the deal. Life is truly grande!

Thank you
Faith Sloan
Faith Sloan Gray Matter: Making Cash, Advertising/Marketing, and Ramblings - faithsloan.com (http://faithsloan.com)

littleroundman
05-16-2012, 09:43 PM
Don't worry about being a free member, even potential paying members are discovering the truth about Zeek Rewards:

http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek-4.jpg

http://www.talkgold.com/forum/showpost.php?p=4762475&postcount=513 (http://www.talkgold.com/forum/showpost.php?p=4762475&postcount=513)

4yourinformation
05-17-2012, 11:05 AM
You MUST read their disclaimer:


Zeek Rewards (http://linmarharvey.zeekrewards.com/)

People who are desperate to make money will try anything.


Why do you feel the need top trash something you are obviously VERY ignorant about. I am a member of the zeek squad and I am making money. The amount is none of your business but I will tell you that you are known as a dream stealer. What does it matter to you if somebody else does this? It is so blatantly obvious you are a scared and small minded individual who will stay broke. So just shut your pie hole and continue your wallow in misery. Or you can take an objective look at the enterprise and make outstanding money for yourself. I would love it if you were not so jaded and would take a real look at the company. I don't want you on my team because I think you would be more work than I am willing to give to you, but I am sure somebody out there would work with you. remember: stupid is as stupid does.

EagleOne
05-17-2012, 09:42 PM
Why do you feel the need top trash something you are obviously VERY ignorant about. I am a member of the zeek squad and I am making money. The amount is none of your business but I will tell you that you are known as a dream stealer. What does it matter to you if somebody else does this? It is so blatantly obvious you are a scared and small minded individual who will stay broke. So just shut your pie hole and continue your wallow in misery. Or you can take an objective look at the enterprise and make outstanding money for yourself. I would love it if you were not so jaded and would take a real look at the company. I don't want you on my team because I think you would be more work than I am willing to give to you, but I am sure somebody out there would work with you. remember: stupid is as stupid does.

CONGRATULATIONS! You've got most of the MLM mantra down to a "T."

Let's see: Dream Stealer, scared, small minded, wallow in misery, jaded, and stupid is and stupid does. Impressive. All you left out was a negative person, afraid to take risks, and happy with your "job," with job being a derogatory word.

So with all your "wisdom," please tell me, since you are so enlightened, what are these members doing wrong?:

* 89.2% of Zeek Rewards’ US based members are either ‘inactive’ or have failed to recruit at least two preferred customers.

* Of that 89.2%, 65.73% are inactive and the remaining 70% are active, but have failed to recruit two preferred customers. Pretty indicative of just how much importance is placed on preferred customers when you consider that every member of that 70% group have been active in Zeek Rewards for over 12 months.

* Membership wise for the 2011 year closing Zeek Rewards had 15,318 active members, making up just 34.22% of the total 44,763 registered memberbase.

They are not afraid of taking risks, scared, wallowing in misery (well with those numbers they are), small minded, jaded, and a Dream Taker; so what's wrong? Are they not working hard enough? Where are their sponsors allowing this to happen? Could it possibly be that it is stupid is as stupid does?

So many questions, but I am sure you can answer them for me. I look forward to your reply.

GlimDropper
05-17-2012, 09:44 PM
Greetings 4your, welcome to RealScam.

Yea, maybe we're just a bunch of small minded, misery wallowing dream stealers, we have been called worse. But I have seen several hundred online programs which promised a better than 1% daily ROI and they all claimed to be both legal and sustainable, thus far none of them have ever been either. I don't claim to know more about ZR than you do but I know enough about Zeek and Paul Burks to know that Zeek will fail and when it does the vast majority of it's paying members will lose money. Gee, how could I say such a thing?

First off Paul Burks boasts about his 15 years of rock solid buisness experience but have you ever bothered to see what sort of buisness he was doing? Sorta working backward here let's start with GoGoHub (http://www.gogohub.com). What was GoGoHub? Well let's ask Paul:


GoGoHub combines the muscle of Google with the local emphasis of Craigslist to deliver the most relevant results to users, all while leaving the door open to those who want to share the wealth generated from these valuable searches!

Have you ever stopped to wonder how these major websites make all their money and build their success? They have no need for flashy, expensive advertising. They don't need it because they grow by word-of-mouth.

Craigslist, Google, YouTube, Amazon, any major site you can think of have all built their business using the tools of network marketing. The major difference is THEY HAVEN'T BEEN PAYING THEIR NETWORK.

All these sites have grown up on the backs of the users. GoGoHub will change this forever, turning the industry on it's head by inviting the network, the force that makes the whole thing work, to share the wealth and grow the business with us.
The best part is, you and everyone you know can start today for FREE, conducting searches and placing classified ads . . . and GET PAID!


Well, GoGoHub never went anywhere but ya know what, a small percentage of it's members did in fact make money. How did they do that, quite simple it was a pyramid scheme. Let's look at GoGoHub's pay plan (http://www.gogohub.com/a/threebythree.htm):


How it works
You are placed at the top position of your own empty 3x3 Power Matrix when you purchase the new Pro Pack Elite Advertising package for the price of $1295, use the advertising yourself or for resale. You must make one Pro Pack Elite purchase at the beginning of each subsequent new matrix cycle, which will be deducted from gross earned commissions with no additional out of pocket costs to you.
Commissions
Each time you introduce a new member who purchases the Pro Pack Elite the sale will fill a position in your matrix. A completely filled matrix earns a $11,295 commission ($10,000 net commission) PLUS UNLIMITED 100% MATCHING BONUSES. You do NOT have to do all of the sponsoring yourself, however. If you sponsor three people who purchase the Pro Pack Elite, and they each do the same, and they each do the same then your matrix is filled!!

When you are "commission-qualified" (see below) you will be paid advance commissions of $2,000 and $3,000 for filling the first 1/3 and the second 1/3 of your matrix, respectively. You receive the balance of $5,000 net ($6,295 gross) when the final 1/3 is filled.
A third of the matrix is considered to be any one position on your first row with three filled positions under it, each of which has three filled positions under it. $1295.00 accumulated from gross pay out total will be automatically withheld from the final 1/3 commission payment to pay for your reentry purchase when your matrix is filled.
Commissions are paid weekly with a 2 week delay to allow time for collection of all funds.


The problem with pyramid schemes is they always fail and when they do every dollar made by one person came directly out of the pocket of another member. But GoGoHub was surely an aberration, Paul isn't the sort of man who would run one illegal program after another, is he?

Lets go a little further back in time to NewNetMail (http://www.newnetmail.com/). You see there are several problems with the E-Mail systems we use every day. There's spam, viruses and all sorts of nasty things like that which is why Paul Burks, the visionary technical genius that he is invented the iCorr. What's an iCorr? It's E-Mail with a pyramid scheme attached. NewNetMail's comp plan (http://www.newnetmail.com/simple_affiliateinformation.asp?username=guest):


<Snip>

Distributor
Distributors pay only $9.95 per month for their subscription. As a Distributor http://www.newnetmail.com/images/Woman-with-cash2.jpgyou earn $0.35 on each Premium Member annual subscription and $0.15 on each Distributor MONTHLY subscription in your downline in the 2 x 21 forced matrix.

What's even more exciting, however, is that as a Distributor you now have the ability to blast your promotional and marketing letters to all of the free members in your 2 x 21 forced matrix once each week! What other mailing system can offer you 100% deliverability of your marketing message? There simply isn't one!

(Quick aside, I wonder how Paul's iCorrs magic spam deflecting powers were affected by " blast your promotional and marketing letters to all of the free members in your 2 x 21 forced matrix once each week!")

Let's see, NewNetMail was a free service but if you paid enough each month you could make a lot of money convincing other people to likewise pay to join the comp plan. What so ever could be wrong with that? I mean besides the fact it's pretty much the textbook definition of a pyramid scheme that is? Here's the problem, a small percentage of the members could and did make money but in order for it to happen the vast majority of people who paid to join had to lose money. Which is also the textbook definition of a pyramid scheme.

Even if his banal Free Store Club wasn't as naked a pyramid as the ones above but it was still a pyramid scheme. Sure, you paid monthly hosting fees (unless you were a free member) for your "online shopping mall" website but if you ever hoped to make any money off of retail sales you were S.O.L. First off Paul couldn't match the prices offered by the Amazon's of the world so if anyone of your potential customers had an internet connection they could compare your prices and save money by not buying from you. And that's assuming they could even find your web store in the first place. Mass replicated subdomains are almost entirely ignored by search engines like Google so unless you spammed your affiliate link 24/7 on any website you could find it was almost impossible for anyone to find your Free Store Club sales page. Paul knew this which is why he'd offer to sell you magic SEO packages which never seemed to generate enough sales to cover their expense. He knew they didn't work but he knew he could talk you into paying for them so what did he care?

So no one (besides Paul) made any money off of Free Store Club? No, I'm not saying that. A small percentage of paying Free Store Club members did make money by conning other people to pay for their free stores. Paul called it his "Dual Powered Compensation Plan." In his own words (http://web.archive.org/web/20070626234214/http://master.fsc2.com/payplan.asp):




We call it the Dual-Powered Compensation Plan because it enables you to earn from two distinct sources.



1. Residual commissions from the sale of merchandise from other stores anywhere in your growing pay structure.

2. Residual commissions from the monthly hosting fees paid by premium storeowners anywhere in your pay structure.



You see, convince other people to pay to join Paul's compensation plan and he'd pay you for doing it. Again, a textbook pyramid scheme.

Paul Burks has 15 years of rock solid experience in selling illegal marketing plans which makes it rather hard for us to give him the benefit of the doubt that his 1.5% per day return on INVESTMENT program is anything other than a well dressed ponzi scheme. If you wish to converse with people who ignore the obvious there are several very pro-MLM forums and blogs I can direct you to who refuse to ask Paul embarrassing questions. Perhaps you'd be more comfortable posting there.

And thank you for stopping by.

Whip
05-17-2012, 10:40 PM
The problem with pyramid schemes is they always fail and when they do every dollar made by one person came directly out of the pocket of another member.

But you see.....this is the true definition of dream stealers.
Someone probably had the dream of buying a new car but since they bought into the horseshit, they lost that dream when they lost their money.....like the sap that lost his money and had to run here trying to save the scam so he can get it back.

GlimDropper
05-18-2012, 11:24 PM
There is an amazing new article over on Oz's Behind MLM Blog (http://behindmlm.com/companies/zeek-rewards/zeek-rewards-exposed-ofac-ddos-and-compliance/). One of the stranger questions about Zeek Rewards was why last month did they ban all users from a small list of countries. Paul et al fumbled their way through a rather clumsy set of lies about the situation and it seems they had ample reason for doing so, they were covering their ass's. Oz has some level of an inside source in the company. Here's a random quote:



It had nothing to do with OFAC. For a sustained period of time in Feb the company experienced 85% of all site transactions as fraud out of asia/indonesia.
In January 2012, 1.5 million visa/mastercard numbers were breached by hackers – that means 1.5 million stolen card numbers were being sold for fraud purposes.
Fraud was taking place on Zeekler auctions and through the bid purchases before then (and still is), but not on this kind of scale because there weren’t this many numbers out there in the hands of fraudsters before.
Fraudsters all scrambled to find places where they could cash in on the stolen cards and because of the way Zeekler operates – the business model and technology was easy to exploit for that purpose.
Zeekler probably would have been fine if they had fraud protocols in place so they didn’t identify it immediately and they didn’t have the technical capability.
Visa/Mastercard was taking responsibility for the breech and their zero liability policy protected card holders. Payment gateways that have fraud protocols in place WERE ABLE TO IMMEDIATELY IDENTIFY FRAUD AT THEIR CUSTOMER LEVEL, so the payment gateways cut Zeekler off because of the amount of fraud being processed through the site.
Zeekler had to reduce the fraud to get the payment gateways back. The majority of the fraud was coming out of a select number of countries, so their solution was instead of solving the problem, (to) just block entire countries from transacting on the site.
They compounded the problem by instead of telling the truth, taking responsibility with some of the language Visa/Mastercard provided to corporate customers, or deferring the answer they blamed OFAC, when that failed, they said it was a DDOS attack.
This again compounded the problem because once you publicly say a large site can be downed with DDOS, every amateur hacker in the world wants those bragging rights.




A highly recommended read for all current or potential ZR members.


Great work Oz.

littleroundman
05-19-2012, 02:02 AM
OH NO !!!!

Not the old "payment processor" problems ALREADY:

http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek-5.jpg

littleroundman
05-19-2012, 06:28 AM
Reproduced here with the kind permission of ozsoapbox at BehindMLM.com (http://behindmlm.com/companies/zeek-rewards/zeek-rewards-exposed-ofac-ddos-and-compliance/)

http://i218.photobucket.com/albums/cc153/thelittleroundman/behindmlmlogo-2.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind1.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind2.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind3.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind4.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind5.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind6.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind7.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind8.jpg

See the original article "Zeek Rewards Exposed: OFAC, DDOS and compliance" HERE on BehindMLM.com (http://behindmlm.com/companies/zeek-rewards/zeek-rewards-exposed-ofac-ddos-and-compliance/)

again anon
05-21-2012, 11:09 AM
So, it appears that the rewards thing is controversial. Is the auction legit? It seems to operate the same as Qbids. Or is Qbids a scam too?

Lil Ol' Radical Me
05-21-2012, 02:12 PM
So, it appears that the rewards thing is controversial. Is the auction legit? It seems to operate the same as Qbids. Or is Qbids a scam too?

After having a brief look at QBids it would be appear to be a completely different kettle of fish and to be a part of the online auction industry. It enjoys an A- rating from the BBB in Oklahoma which comments the following.


In August 2011, the BBB became aware that QuiBids.com completed an internal controls audit conducted by Grant Thornton, a well-respected accounting and professional services firm. Grant Thornton states that it performed extensive testing in order to determine that QuiBids maintains effective controls providing reasonable assurance that bids are place by bona fide users and does not manipulate the bidding process to inflate the bid price or affect who wins the auction (no use of bots, shill bidding or bidding by employees), and in addition, QuiBids maintains effective controls to provide reasonable assurance that winning auctions and 'Buy Now' orders are fulfilled (i.e. shipped).



Zeek rewards on the other hand belongs to the rather murky world of the online network marketing "industry". it's product is dubious in my opinion. There is no restriction on owners, promoters or employees participating (forbidden in QBids ToS) It is also promoted not by a proper company, but by a group of people who are generally considered "playas" in the world of HYIPS and other dubious, if not downright illegal money games.

Zeek would like you to think of them as part of the ecommerce/auction business, but it doesnt "fit" at all.

path2prosperity
05-21-2012, 05:08 PM
The fact that this is hawked by Scamlandpro's winner of their Person Of The year Award, Mary Evelyn Simpson (http://community.adlandpro.com/forums/post/2501135/Mary-Evelyns-Koffee-Klatch.aspx?flag=1862) in her signature files, is enough to tell anybody that it is one that could qualify for Scam Of The Year

Whip
05-21-2012, 05:49 PM
The fact that this is hawked by Scamlandpro's winner of their Person Of The year Award, Mary Evelyn Simpson (http://community.adlandpro.com/forums/post/2501135/Mary-Evelyns-Koffee-Klatch.aspx?flag=1862) in her signature files, is enough to tell anybody that it is one that could qualify for Scam Of The Year

Compounded by the fact a known grifter in Sloan feels she was 'ripped off' tells alot also.

kschang
06-04-2012, 12:31 PM
I wrote my own analysis on ZeekRewards and it's very obviously a Ponzi scheme. The "affiliates" buy the bids, thus generating the profits they themselves are sharing later. However, the structure is rigged so they are encouraged to leave the money in the system for as long as possible, instead of taking it out.

Analyzing ZeekRewards and Zeekler, is Zeek Rewards a legal business? Read detailed Investigation here. (http://kschang.hubpages.com/hub/Analyzing-ZeekRewards-is-it-a-legal-and-viable-business-and-can-it-provide-long-term-income-for-you)

It also fits two out of three signs of a Ponzi scheme: secrecy, consistent returns, and a "maybe" on "bogus product", as affiliates don't buy bids for its value as bids. They buy them to trade for "profit points" which entitles them to profit, and that's basically "pay to play" Ponzi.

EagleOne
06-04-2012, 02:02 PM
I wrote my own analysis on ZeekRewards and it's very obviously a Ponzi scheme. The "affiliates" buy the bids, thus generating the profits they themselves are sharing later. However, the structure is rigged so they are encouraged to leave the money in the system for as long as possible, instead of taking it out.

Analyzing ZeekRewards and Zeekler, is Zeek Rewards a legal business? Read detailed Investigation here. (http://kschang.hubpages.com/hub/Analyzing-ZeekRewards-is-it-a-legal-and-viable-business-and-can-it-provide-long-term-income-for-you)

It also fits two out of three signs of a Ponzi scheme: secrecy, consistent returns, and a "maybe" on "bogus product", as affiliates don't buy bids for its value as bids. They buy them to trade for "profit points" which entitles them to profit, and that's basically "pay to play" Ponzi.

This is an outstanding article, and should be required reading for anyone thinking of joining ZR, or those who are in ZR. I commend you for such a definitive piece, and allowing the reader to make up their own mind. I thank you for writing it, and educating the public that take the time to read it. Superb Job.

path2prosperity
06-04-2012, 02:20 PM
This is an outstanding article, and should be required reading for anyone thinking of joining ZR, or those who are in ZR. I commend you for such a definitive piece, and allowing the reader to make up their own mind. I thank you for writing it, and educating the public that take the time to read it. Superb Job.

I endorse that comment 100% Eagle. I would also say that he has scored the highest grades for his articles on TVIExpress.

kschang
06-04-2012, 07:04 PM
Why do you feel the need top trash something you are obviously VERY ignorant about.

The "you know nothing" rebuttal, classy.
A MLM Skeptic: The "you know nothing" tactic and "I dare you" tactic (http://amlmskeptic.blogspot.com/2012/05/you-know-nothing-tactic-and-i-dare-you.html)


I am a member of the zeek squad and I am making money.

Anecdotal fallacy and "It paid me" rebuttal.
A MLM Skeptic: The "it paid me" argument (http://amlmskeptic.blogspot.com/2012/05/it-paid-me-argument.html)


The amount is none of your business but I will tell you that you are known as a dream stealer.

Dreamstealer argument is an indirect ad hominem attack
A MLM Skeptic: Don't avoid dream-stealers (and beware of any one who tell you to) (http://amlmskeptic.blogspot.com/2012/06/dont-avoid-dream-stealers-and-beware-of.html)


What does it matter to you if somebody else does this? It is so blatantly obvious you are a scared and small minded individual who will stay broke. So just shut your pie hole and continue your wallow in misery.


Attributing bias to your opponent when none had been proven, confirmation bias with more ad hominem atttacks.
A MLM Skeptic: Cognitive Bias: Confirmation Bias (http://amlmskeptic.blogspot.com/2012/04/cognitive-bias-confirmation-bias.html)



Or you can take an objective look at the enterprise and make outstanding money for yourself.


"It paid me argument" again


I would love it if you were not so jaded and would take a real look at the company. I don't want you on my team because I think you would be more work than I am willing to give to you, but I am sure somebody out there would work with you. remember: stupid is as stupid does.

The "you know nothing" rebuttal again, along with "I dare you" (to join).


Seen it all before. :)

EagleOne
06-04-2012, 10:28 PM
The "you know nothing" rebuttal, classy.
A MLM Skeptic: The "you know nothing" tactic and "I dare you" tactic (http://amlmskeptic.blogspot.com/2012/05/you-know-nothing-tactic-and-i-dare-you.html)



Anecdotal fallacy and "It paid me" rebuttal.
A MLM Skeptic: The "it paid me" argument (http://amlmskeptic.blogspot.com/2012/05/it-paid-me-argument.html)



Dreamstealer argument is an indirect ad hominem attack
A MLM Skeptic: Don't avoid dream-stealers (and beware of any one who tell you to) (http://amlmskeptic.blogspot.com/2012/06/dont-avoid-dream-stealers-and-beware-of.html)



Attributing bias to your opponent when none had been proven, confirmation bias with more ad hominem atttacks.
A MLM Skeptic: Cognitive Bias: Confirmation Bias (http://amlmskeptic.blogspot.com/2012/04/cognitive-bias-confirmation-bias.html)



"It paid me argument" again



The "you know nothing" rebuttal again, along with "I dare you" (to join).


Seen it all before. :)

So true. When you can't dispute the messsage, try to discredit the messenger. It's all you've got because you can't argue the facts. MLM 101 basic training.

When they see this is not working, then we have the obfuscation, deflection and misdirection arguments. MLM 201.

littleroundman
06-07-2012, 10:14 AM
We here at REALSCAM.com (http://www.realscam.com) have often heard the word "bizarre" used when describing the behaviour of HYIP ponzi owners and players.

The people down at Zeek Rewards are doing nothing to alter the view that NOTHING to do with HYIP ponzis can be believed.

Here's the latest missive from the cute li'l Zeeklers over at Zeek Reward News (http://zeekrewardsnews.com/2012/06/hit-6-and-other-zeek-101-suggested-behaviors/)

http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek1-2.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek2-1.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek3-2.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek4.jpg

kschang
06-07-2012, 10:49 PM
Hey, there goes that "claw back" expression again! (3 line from the bottom)

kschang
06-08-2012, 03:36 PM
Urgent Update: ZeekRewards stops taking members in Montana, may have been banned?

MORE ABSURDITIES: Zeek Promo Appears On Website That Also Pushes JSS Tripler/JustBeenPaid; ‘Indefinitely Sustainable Second Income Seniors . . . Secure Your Pension,’ Site Claims; Zeek Post Includes Detailed Instructions On How To Wire Fu (http://www.patrickpretty.com/2012/06/07/more-absurdities-zeek-promo-appears-on-website-that-also-pushes-jss-triplerjustbeenpaid-indefinitely-sustainable-second-income-seniors-secure-your-pension-site-claims-zeek-post-includes/comment-page-1/#comment-)

GlimDropper
06-08-2012, 08:06 PM
Urgent Update: ZeekRewards stops taking members in Montana, may have been banned?

MORE ABSURDITIES: Zeek Promo Appears On Website That Also Pushes JSS Tripler/JustBeenPaid; ‘Indefinitely Sustainable Second Income Seniors . . . Secure Your Pension,’ Site Claims; Zeek Post Includes Detailed Instructions On How To Wire Fu (http://www.patrickpretty.com/2012/06/07/more-absurdities-zeek-promo-appears-on-website-that-also-pushes-jss-triplerjustbeenpaid-indefinitely-sustainable-second-income-seniors-secure-your-pension-site-claims-zeek-post-includes/comment-page-1/#comment-)

Oh, they aren't banning Montana the way they banned Slovenia, too many people are watching. We can not know for sure at this point but it looks like no new members can be enrolled if they live in the Big Sky Country (even though they can not be sanctioned by the OFAC). Montana is rather proactive in their consumer protection particularly when it comes to other than legal marketing plans (ACN and FHTM being two examples). But it should be pointed out that Montana's laws in this area aren't necessarily all that more stringent than any other state it's just that they seem more willing to enforce the laws they have. Thank You Montana.

And that's the real iceberg of which this may only be the tip of, Dawn was less than fully truthful when addressing this issue at a bit before the 18 minute mark (thanks KsChang) on this June 4th confrence call (https://www.youtube.com/watch?v=LI-9qufScu4). She makes it sound like Zeek Rewards has stopped enrolling member in one state while they are busy jumping through the sometimes flaming hoops of state regulations. They've done the same thing in their home state and in other states as well so this is nothing in any way important. Could someone ask Dawn what other states had legal hoops to jump through who were so flame filled that ZR needed to stop accepting new members in that state? I believe the answer (for the moment) is none, they've never had to refuse enrollment to members inside the USA but now even Dawn admits they are now. But so far only in one state.

"So far" being the key term. Let's connect a few dots. Rex Ventures no longer enjoys the banking relationships they had worked with for so many years. They don't say why but imply that this was their decision. A decision they made in such a way that every outstanding uncashed check drawn on their accounts were voided when it would have been a triviality for them to keep enough cash in those accounts to redeem their obligations without inconveniencing any of their valued affiliates. Unless closing their existing bank accounts wasn't their decision at which time Zeek's "claw backs" all make sense. And now ZR can not enroll any new members in the state of Montana. Again, this is not a voluntary action on Zeek's part and it's important to remember that. It is likewise important to remember that we don't at present know why Montana has taken the actions they have but please feel assured that questions are being asked.

I hate to repeat myself but Montana's laws aren't all that different than the other 50 states, what makes them different is their willingness to step up and put questionable marketing plans on ice to defend their citizens while more detailed investigations are taking place. If (and that's a big IF) that is what's happening here then it's a safe bet Montana will only be the first state to curtail Zeek's ability to operate within their jurisdiction. That is of course assuming a federal agency doesn't step up and beat them to the punch.

kschang
06-09-2012, 02:27 AM
Montana's MLM law is virtually the same as Federal, except Montana recognizes and legalizes "self consumption". I think I see a link on Jeff Babner's website. (He's a MLM attorney too)

MLM Law: Statutes Affecting the MLM Industry In Montana - Jeff Babener MLM Attorney (http://www.mlmlegal.com/mt.html)

kschang
06-11-2012, 01:56 AM
A lot of Zeek Defenders out and about seemingly using the same excuses:

* Why haven't authorities intervened, if everything you say is true?

(How the heck would I know? Ask the authorities!)

* You have to take risks to get great rewards

(Apparently your definition of risk includes "participating in illegal Ponzi schemes"... )

* In this economy, i have to find ways to grow my money and this is a great way. My _____ make _____ $$$$ already!

(So you don't care about the potential legal problems? Good luck to you.)

* You are double-dealing as you are _______ (imagine feats of double-standard / hypocrisy)

(So you can't defeat the logic and observation, and must instead go to ad hominem attack? )

* You got ____, _____, and ____ wrong. You are full of sh__.

(Minor details doesn't change the big observations)

* Stop speculating!

(It ain't speculating if it's backed up by facts and logic)

* It's legal until the government say it ain't!

(So as long as you didn't get a ticket for speeding, it's "legal" to speed? Come on...)

kschang
06-11-2012, 12:57 PM
Another interesting observation: these "red carpet events" they are holding every month in Clemmons?

* they are keeping the location a 'secret' even though there are only two meeting rooms you can book in that town (Holiday Inn Express, and Village Inn Event Center)
* they can't agree on the price. Their "news" website says $25. Members are saying $300, then $1000. AND more money if you want to shake hands with Burks and Dawn.
* they are ONLY taking reservations by email, as they claim affiliates are "bothering" everybody remotely linked to Zeek, even the event booker frontend Eventbrite.

kschang
06-12-2012, 12:54 AM
Got a really bizarre one. I thought one guy was debating me and had a split personality (alternates between logic/persuasion and manic/troll), then I checked IP addresses and they are separate IPs, 250 miles apart at least, different ISP altogether. Either one of them really was a troll or they're doing a good cop / bad cop routine.

EagleOne
06-12-2012, 01:16 AM
Got a really bizarre one. I thought one guy was debating me and had a split personality (alternates between logic/persuasion and manic/troll), then I checked IP addresses and they are separate IPs, 250 miles apart at least, different ISP altogether. Either one of them really was a troll or they're doing a good cop / bad cop routine.

Maybe using an anonymizer/proxy?

kschang
06-12-2012, 02:31 AM
Or a troll using another guy's name. But they're only 200 miles apart, same state. Usually when you pick a Proxy you end up with one across the world, not one that's only a few hundred miles from you...

Leave that aside... now "official rep" of Zeek is telling affiliates to shut up or ship out (i.e. leave Zeek)



Brett Gurney (Official Rep) 5 hours ago
this is a huge problem with zeek and it literally puts the company in danger...too many affilaites running around calling the banks and lawyers to find out this and that...in my opinion...this needs to stop and if it doesn't those people who have to know this information maybe should just not be in zeek


Who is Zeek banking with now? (http://zeeksupport.zeekrewards.com/zeeksupport/topics/who_is_zeek_banking_with_now#reply_9140607)

littleroundman
06-12-2012, 03:09 AM
BugleBrett]this is a huge problem with zeek and it literally puts the company in danger..

PUTS the company in danger ???

The company was in danger the moment it opened its' doors and went further into danger when it started using US banks and even FURTHER into danger when it started make a song and dance in public places about its' banking issues and the fact it had decided to transfer its' account/s overseas.

Talk about waving a red rag in front of a bull.

Even the busiest, most overworked and underpaid regulator now has Zeek Rewards and Paul Burks front and center on his/her radar screen.

If the banks haven't already raised red flags, which would surprise me completely, the very public profile of Zeek and its' mouthpieces certainly will have done so, ESPECIALLY in the post AdSurf Daily era.

This is the bit where the "true believers" get a rude awakening to the realities of the modern world.

Unfortunately for them (the true believers, that is) their money is trapped and there's nothing to be done but sit back and take it on the chin, or, rather, in the wallet.

kschang
06-12-2012, 04:01 AM
(sarcasm on)
But you didn't listen to Troy Dooly! He said the money never left the US!

(Never mind the charges that appear to come from Korea, Panama, or Hong Kong!)
(sarcasm off)

littleroundman
06-12-2012, 04:59 AM
(sarcasm on)
But you didn't listen to Troy Dooly! He said the money never left the US!

That's my whole point.

In the words of George Santayana: "Those who cannot remember the past are condemned to repeat it."

Surely what happened to the last large HYIP which operated entirely within the USA was a lesson to be learned.

Add in going "offshore" to avoid detection/banking problems and the operators and members of Zeek are literally asking for trouble.

I mean, playing HYIP ponzis is one thing, flaunting what you're doing in front of every law enforcement agency in the USA, INCLUDING Homeland Security and the Secret Service is quite another.

kschang
06-12-2012, 11:42 PM
They're tired of us reading their support forum. They are going to hide it behind member wall starting Wednesday 13-JUN-2012.

littleroundman
06-13-2012, 12:01 AM
They're tired of us reading their support forum. They are going to hide it behind member wall starting Wednesday 13-JUN-2012.

OH NO !!!

Whatever will we do now ??

There's bad news coming for the members and Zeek doesn't want outsiders reporting it too soon.

Yet another sign Zeek Rewards is about to go the way of all good HYIP ponzis - down the toilet.

GlimDropper
06-13-2012, 05:24 PM
They're tired of us reading their support forum. They are going to hide it behind member wall starting Wednesday 13-JUN-2012.

But wait, this might be only the first step in improving the support forum. To hear Dawn and Troy say it all of ZR's problems are being caused by their affiliates. Everything from needing to change banks to why support tickets never get answered is all because of the affiliates. So what better way to improve their support forum than to keep it private from all those troublesome affiliates? Keep it open only to official ZR employees and unofficial ones like Troy. That would certainly cut down on the number of complaints posted.

Except for complaints about the affiliates that is.

And a late edit to add a link to North Carolina's Auctioneer Licensing Board's License Search page (http://www.ncalb.org/search.cfm). I've tried Zeekler, Zeek Rewards, Rex Ventures and Lighthouse America, both under "individual" and "firm" and I don't find them anywhere. Perhaps someone else will have better luck finding their state auction license than I did.

kschang
06-13-2012, 09:47 PM
Some Zeekheads are truly bizarre. I found a guy by the name of Herb O. Buckland that posted this LONG missive that is titled "Zeek Rewards Scam?" then proceed to weasel his way out of answering the question, by basically claiming that EVERYTHING IN LIFE (government, business, religion, etc.) are all scams out to manipulate us.

I posted a long rebuttal (interspersed among his rant) on my website as I am not about to link to his.

A MLM Skeptic: Herb O. Buckland and his long rant "ZeekRewards Scam?" (http://amlmskeptic.blogspot.com/2012/06/herb-o-buckland-and-his-long-rant.html)

kschang
06-13-2012, 10:13 PM
Interesting... There is a Penny Auction Merchant's Association (to which none of the big guys belong to)

But Zeekler is NOT ON THE LIST

Penny Auction Merchants Association - Top Penny Auction Traffic (http://www.pennyauctionassociation.org/traffic.php)

littleroundman
06-13-2012, 10:31 PM
Anyone like to hazard a guess as to what percentage of Zeek Rewards business is legitimate penny auction and what percentage is HYIP ponzi ??

My guess would be Zeeks' "penny auction" business will turn out to be as legitimate as AdSurf Dailys' "advertising" business was.

kschang
06-13-2012, 11:25 PM
@GlimDropper -- interesting info. I went through PennyAuctionWatch website and found that Zeekler acquired an UNLICENSED penny auctioneer in Georgia called iTicketBid, which basically went ka-plunk when Georgia ruled that penny auctioneers have to register with the state auction commission. The transition was not smooth, lots of people complained that Zeekler promised to pay for the items won but took MONTHS of constant demand to produce results. Their discussion forum like a preview of the ZeekSupport forum.

Zeekler Strong Arm Tactics (http://pennyauctionwatch.com/forum/showthread.php?t=16920)

kschang
06-14-2012, 12:08 AM
Wow, I didn't know that Zeekler also owns MyBidShack!

And MyBidShack was heavily touted on MoneyMakerGroup

Mybidshack - Mybidshack.com (http://www.moneymakergroup.com/Mybidshack-Mybidshackc-t340263.html&p=5921897#entry5921897)
With a matrix comp model very reminiscent of ZeekRewards!

MYBidShack was founded by Darryle Douglas, currently one of top three at Zeek!

The MMG shows that Darryle, a mod over at MMG, was pushing his own auction, and later, ZeekRewards, for all its worth, even that "125% guarantee" bit!

littleroundman
06-14-2012, 04:17 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek1-3.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeek2-2.jpg

https://getsatisfaction.com/zeeksupport/topics/my_diamond_account_vaporized_with_my_monies_and_ne w_diamond_affl_commision (https://getsatisfaction.com/zeeksupport/topics/my_diamond_account_vaporized_with_my_monies_and_ne w_diamond_affl_commision)

littleroundman
06-14-2012, 04:21 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/zeeksenior.jpg

https://getsatisfaction.com/zeeksupport/topics/30_000_just_sitting_in_envoy_services_account_for_ over_9_bank_days_no_answer_from_nxpay?from_gsfn=tr ue (https://getsatisfaction.com/zeeksupport/topics/30_000_just_sitting_in_envoy_services_account_for_ over_9_bank_days_no_answer_from_nxpay?from_gsfn=tr ue)

littleroundman
06-14-2012, 04:28 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/gogo.jpg

http://pennyauctionzoom.com/2010/06/mybidshack-new-zeeklers-brother/ (http://pennyauctionzoom.com/2010/06/mybidshack-new-zeeklers-brother/)

littleroundman
06-14-2012, 04:52 AM
B/S ALERT B/S ALERT

BELIEVE THE FOLLOWING AT YOUR OWN PERIL

http://i218.photobucket.com/albums/cc153/thelittleroundman/doo1.jpg

littleroundman
06-14-2012, 05:52 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/morezeek.jpg

MyWot.com Zeekler forum

(http://www.mywot.com/en/forum/15524-zeekler-com)Ripoff Report on Paul Burks (http://www.ripoffreport.com/multi-level-marketing/newnetmail-lighthous/newnetmail-lighthouse-america-b8e4p.htm)

kschang
06-14-2012, 11:09 AM
Interesting! This "Senior Executive" guy was heavily DEFENDING zeek, posting in that thread "Who does Zeek bank with now" demanding "Why would you want to know?" as of a week or so ago. Now apparently he's getting screwed!

https://getsatisfaction.com/zeeksupport/topics/who_is_zeek_banking_with_now#reply_9130751

EDIT: The official Zeek reply are hilarious. They basically told him "You need to do the training seminar", which basically means "you are stupid".

kschang
06-14-2012, 11:12 AM
The west lake mead address in Las Vegas is an office park of some sort that offers both real and virtual office space. I know because I tracked Wazzub / GIT Global Investments there.

(FYI, Wazzub is 7251 Lake Mead, right around the corner)

kschang
06-14-2012, 11:38 AM
And a late edit to add a link to North Carolina's Auctioneer Licensing Board's License Search page (http://www.ncalb.org/search.cfm). I've tried Zeekler, Zeek Rewards, Rex Ventures and Lighthouse America, both under "individual" and "firm" and I don't find them anywhere. Perhaps someone else will have better luck finding their state auction license than I did.

Just wrote to them and got a reply back: Rex Venture Group holds Auction Firm License 9401... ISSUED IN MARCH 2012

Apparently, they had been doing unlicensed auctions for a full year.

EagleOne
06-14-2012, 01:36 PM
If you are signed up as a free member, you can still access the forum, right? If so, how do they think this is going to stop anyone from finding out what is going on in the forum? Any one of us can join for free, have access and still report it wherever we want. These people are not exactly the brightest bulb in the lamp. Now if the forum is for paid members only, different story.

kschang
06-14-2012, 11:14 PM
A member reported that Zeek has e-mailed all members (didn't say which type) login credentials to the "private" support forum.

littleroundman
06-14-2012, 11:35 PM
Given the upright, honest and ethical reputation of HYIP ponzi players, the whole internet will have full access to the "private" forum without any interruption at all.

kschang
06-16-2012, 01:06 AM
Oz over at BehindMLM beat me to the Bessoni story... the leads he was supplying to Zeek affiliates were bullsh__.

Peak USA LLC lead generator linked to Zeek Rewards | BehindMLM (http://behindmlm.com/companies/zeek-rewards/peak-usa-llc-lead-generator-linked-to-zeek-rewards/comment-page-1/#comment-79799)

littleroundman
06-16-2012, 02:58 AM
Reproduced here with the kind permission of ozsoapbox at BehindMLM.com (http://behindmlm.com/companies/zeek-rewards/peak-usa-llc-lead-generator-linked-to-zeek-rewards/comment-page-1/#comment-79799)

http://i218.photobucket.com/albums/cc153/thelittleroundman/behind.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind2-1.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind3-1.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind4-1.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind5-1.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind6-1.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind7-1.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind8-1.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind9.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind10.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind11.jpg
http://i218.photobucket.com/albums/cc153/thelittleroundman/behind12.jpg

You can read the original article here at BehindMLM.com (http://behindmlm.com/companies/zeek-rewards/peak-usa-llc-lead-generator-linked-to-zeek-rewards/comment-page-1/#comment-79799)

kschang
06-16-2012, 12:11 PM
Here's more proof that the claim of income is VASTLY OVERSTATED, which I had previously suspected from their advice on tax returns.

According to Ted Nuyten BusinessForHome.org profile, Zeek's est revenue in 2011 is about 15 million, and in 2012 will be about 75 million.

But according to the "income disclosure statement", they paid out 65 million! (in 2011)

How the f*** do you pay out 65 million on 30 million (i'll say they doubled their estimate) revenue, which is not even profit?!?!?!

Zeek Rewards Review 2012 (http://www.businessforhome.org/2012/03/zeekrewards-review-2012/)

kschang
06-16-2012, 01:38 PM
I contacted Ted Nuyten who revised his estimate of revenue to 50 million (2010) and 150 million (2011).

And I goofed. The IDS says payout to US active affiliates is 58.5 million, not 65. Though 65 is probably all payouts, pretty close.

Still doesn't explain how they paid 58.5 million "profit share" out of 50 million revenue.

Mitch McDeere
06-16-2012, 10:27 PM
Zeek leadership keeps acting like a cult. Their behavior has been akin to "Do as we say or else, and no dissent is allowed. Those who may be on the cusp of dissent need more neuro-linguistic-reprogramming."

How do we fight back against a Ponzi with an army of linguistically-programmed defenders who subconsciously and monetarily benefit as the Ponzi draws in more victims? We do it Legally, Anonymously (if you prefer), Morally, and Ethically. It is called the power of LAME as we will lay bare their lame attempts at deception with the viral power of the interwebs!

The Heroes in this Epic Battle:


Realscam.com
BehindMLM.com
kschang.hubpages.com
PatrickPretty.com


What I Propose:


Exposure, exposure, exposure! We need to link to the Heroes above.
Search Engine Optimization. If you own any web publishing properties and can link to these sites, do it! "Like" the threads on these 4 sites, use Google +1. Use the correct anchor text such as "Zeek Rewards", "zeekrewards", "zeek rewards scam".
Fight misinformation... everywhere! Every blog post, Facebook account, forum, everywhere. Reply with the facts and logical analysis.


Fighting Fire with Lots of Fire:


I am mining bitcoin and for every 1 bitcoin earned, I will use to recruit Google +1, Facebook Likes, and Twitter Re-Tweets to these 4 web sites. Anyone who wants to donate bitcoin can do so anonymously (by creating a new bitcoin account in your bitcoin eWallet) and send to: 1MMAaEfi9PUK21jf6LkY7qSpn7mfeVngyh
YouTube Videos... Zeek's own compliance overreach of making every marketer take down their own advertising leaves the SEO game much easier for us to dominate! We will create Zeek videos revealing the truth. Remember, we are using the LAME technique, so we will not spread FUD or misinformation, but only shout from the rooftops the facts and logical analysis.

Mitch McDeere
06-16-2012, 11:04 PM
Heavy Handed Tactics (but still following the LAME guidelines):


Find all *.zeekrewards.com user sites in search engines and use the "Learn More" box to send anonymous messages to an active affiliate letting them know about the RISK of participating in a Ponzi, including possible liability in their country if they are one of the top affiliates. (Search for "Charter Diamond Affiliate" to find affiliates that likely have been in the longest and have the largest balances.) kschang has provided some great legal precedent and actual court cases where top affiliates were held liable for the Ponzi.

Post on Zeek's own support forum at zeeksupport.zeekrewards.com. This will require you to become a free affiliate. Remember to post honest questions and link back to the Heroes above. Don't be a troll and be forthright with your questions.

Post on Zeek's Facebook page. They moderate and will delete your post - but they are usually slow, but it will get exposure. Link to the Heroes above. Post in the form of a question rather than look like one who is trying to lecture from on high. Two techniques for Facebook posting:

Start a question so your text is seen on the main page without having to click through. The first 60 characters are the most important because that is what will be displayed!
Reply to an exiting series of comments with a lot of users. This will result in them being notified. Best to find comments that already show some suspicion or uncertainty of the Ponzi/scam, as you probably will not deter the converted - but you might get the converted to withdraw more aggressively.




DO NOT PERFORM ANY ANARCHIST PROTEST TECHNIQUES! No calling their customer support phone number, no typing up faxes, no DDoS attacks against the website, no web application scanning (even though they are probably VERY LIKELY vulnerable to SQL injection attacks based on their weak programming evidenced to date). We are using LAME techniques only.

Mitch McDeere
06-17-2012, 01:19 AM
Mission #1 - Improve SEO for our Heroes.

The reality is that the only way to stop a ponzi, other than law enforcement or regulatory action, is to educate those who have yet to join. Stop (or slow) the flow of new money into the Ponzi! We can do that with this wonderful site and the other Heroes. The key to being successful in educating those thinking about joining the ponzi is to:


Show up on their radar - be on the first page of Google for the main keywords, LDO!
Be honest, forthright, credible, use logical analysis, facts when available, qu and ote Zeek Reward's own inconsistencies and deception, and never resort to name calling or any kind of forum vitriol. This is why we embrace the four Heroes above as they have a long history of fighting the good fight.


Progress Report - Mission #1, Day #1

We have some work to do here! Time to backlink, guest blog, +1, Facebook likes, Pinterest, and do whatever we can to improve these search rankings. Thankfully, BehindMLM is doing well on page 1. We need all 4 Heroes to show up on page 1!

Google rankings for keyword: "zeek rewards":


BehindMLM: 7
RealScam: None
PatrickPretty: 46
kschang.hubpages.com: 105


Google rankings for keyword: "zeekrewards":


BehindMLM: 7
RealScam: None
PatrickPretty: 72
kschang.hubpages.com: None


Google rankings for keyword: "zeek rewards scam":


BehindMLM: 9
RealScam: 148
PatrickPretty: None
kschang.hubpages.com: None

kschang
06-17-2012, 01:35 AM
Mitch, keyword spamming is no longer the proper way to do SEO. We need news papers and TV stations and genuine highly trusted sources to pick up us and THAT would increase our rankings.

littleroundman
06-17-2012, 02:44 AM
Don't forget your local Congressman/woman.

They simply cannot be expected to know what's going on "out there" and, I'm certain would appreciate their constituents help in identifying fraudulent operations stealing money out of the national accounts.

The representatives from North Carolina would doubtlessly be delighted to know they have such an about-to-become-world-leaders in their chosen field such as Zeek Rewards and Mr Paul Burks so close at hand.

After all, North Carolina was so proud of the fact it was, at one time, the home of Charis Johnson and 12 Daily Pro.

Being an out-of-towner, I'm not certain, but, I'm fairly certain they would have more than one form of media in Zeek Rewards' home in Lexington

How about Las Vegas ???

Wouldn't they like to know they have a celebrity in their midst ??

http://i218.photobucket.com/albums/cc153/thelittleroundman/zeekwhois.jpg

EagleOne
06-17-2012, 03:29 AM
You also need to get all those who have had their accounts frozen, removed, or banned from the program that are owed money to file an online complaint with IC3: Internet Crime Complaint Center (IC3) | Home (http://www.ic3.gov/)

If you can also get them to contact me at Eagle Research Associates, Inc. - Home Page (http://eagleresearchassociates.org), I will forward their information to our assigned agent with the federal law enforcement agencies (we work with more than one agency). The more who contact me and provide me their information, the more successful we will be with any investigations.

We also have a warning on our website under our Warnings, Alerts & Hot Topics link on our site about Zeek. We link to Kasey's excellent article and the article at behindMLM. I am also in the preparation of an updated article for our website. Just another source for people to read and learn. When the article is up, I will be promoting it on Twitter, our Facebook fanpage, and Google+.

To be honest, I think they are in their death knell stage right now. They have major issues and they are serious that could cause them to collapse before the end of July. Just my opinion.

I appreciate all your efforts and ideas on how to get the word out to the unknowing victims and keep people from becoming victims.

Mitch McDeere
06-17-2012, 05:13 PM
Mission #2 - Spreading the Word

We need to spread the word and direct those seeking information to our Heroes website, including realscam.com.

We need to reply on every blog post, article, Facebook group, forum... everywhere Zeek is mentioned, we need to encourage would-be Zeek prospects to simply DO THEIR RESEARCH. We are not spreading FUD. We are not fighting deception with deception. We are simply encouraging people to THINK for themselves.

An anonymous army of activists have been gathering. This is just the beginning: Zeek Rewards (http://youtu.be/axWx-K6BCf8) Youtube Video

path2prosperity
06-17-2012, 07:02 PM
How do we fight back against a Ponzi with an army of linguistically-programmed defenders who subconsciously and monetarily benefit as the Ponzi draws in more victims? We do it Legally, Anonymously (if you prefer), Morally, and Ethically. It is called the power of LAME as we will lay bare their lame attempts at deception with the viral power of the interwebs!



Are they using NLP? That is relatively harmless or are they using subliminal sound? I am off topic again but it is a subject which I would like to raise in the Science and Conspiracy thread soon and I hope that you will contribute. There is a very big difference between NLP and the use of subliminal sound.

GlimDropper
06-17-2012, 08:46 PM
Houdy Mitch, Welcome to RealScam.

I'm plagiarizing myself from something I posted over at Patrick's (http://www.businessforhome.org/2012/03/zeekrewards-review-2012/) Place (http://www.patrickpretty.com/2012/06/17/site-that-sells-zeek-rewards-customers-uses-paypal-serves-confusing-pop-up-screens-references-adsurfdaily-figure-todd-disner-and-sends-traffic-to-jsstriplerjustbeenpaid-site-that-may-have/comment-page-1/#comment-28069):


I realize the following is more or less an unknowable statistic but I wonder what the ratio is between the amount of money ZR has spent on the Gerry Nehras, Richard Waaks, and Keith Laggos’ of the world compared to the amount “earned” by the Todd Disners, “Team” Aaron and Shara, Jerry Napier, Trudy Gilmond and all the other serial ponzi/pyramid pimps that are either top grossing affiliates or employees of Zeek Rewards? I wonder if it’s possibly as low as 1 to 10? But I doubt it.


It amuses me that ponzi pimp Jerry Napier (if Dawn was being honest*) was the one who recommended Nehra, Waak and Laggos to ZR. It was a shrewd move by an experienced pro, hire top shelf legal (and consulting) talent who know where the line between zealously defending their clients interests and perjury really is and who have a proven track records of walking that line for a big enough paycheck. Please note that neither Nehra nor Waak have thus far issued any public statements Vis-a-vis Zeek Rewards and Laggos’ opinion is only his opinion. And there is reason to suspect that published opinion was largely ghost written (by Dawn**) and published in exchange for a large number of preordered copies of Mr. Laggos’s Network Marketing Business Journal.


A picture is developing, Zeek Rewards is accepting advice and counsel not only from MLM’s best and brightest but also from the ponzi world’s greediest and seediest. But I’m sure they know which side of their bread the butter is on.



* - From about five minutes into this Zeek Conference Call (http://dcolive.com/CDN/ZR/CC/QAZeekEhcemts_call_110804.mp3).

** - From Oz's May 18th post (http://behindmlm.com/companies/zeek-rewards/zeek-rewards-exposed-ofac-ddos-and-compliance/) on his Behind MLM Blog from which I quote:



Dawn said she bought $100K worth of prints of NMBJ and Keith’s personal consulting time to review Zeekler for compliancy and in return Zeek gets good play in the mag. I would not call the coverage in NMBJ anything other than an advertorial it is not journalism – Keith’s name might be on the piece but Dawn wrote most of it.



Some of Zeek Rewards most prestigious and respected defenders have been promising updates and answers but they sure seem to be taking their own sweet time in publishing them. Until they do it's sorta important to make sure the best questions don't get forgotten. Just one example, Last April Paul Burks issued an official update on the ZeekRewards (http://zeekrewardsnews.com/2012/04/update-on-banned-countries-and-more/) News site (http://zeekrewardsnews.com/2012/04/update-on-banned-countries-and-more/) stating emphatically that the American Office of Foreign Assets Control (OFAC) mandated that several countries with ZR members were under "sanctions" and therefore ZR had no choice in banning all members in those countries. Paul is a clumsy and easily disproven lair, yet somehow Zeek's highest profile advocates never hold him accountable. How many legitimate and sincere Zeek affiliates were removed from the program for no reason ZR leadership and management has ever been given any adequate motivation to explain?

I completely understand why Paul and Dawn are all too happy to keep issues like this one swept as far under a rug as possible but what is less clear to me is why so many people with a professed love for the MLM industry and for the people who try to make their living in it, let people like Paul and Dawn blur and threaten to erase the line between legitimate MLM and the HYIP/Ponzi world. And if all it takes to get respected industry advocates like Troy Dooly to shill for you is to pay retainers and consultant fees to Troy's friends and mentors then I am personally very disappointed in Mr. Dooly and very sad for anyone relying upon him for advice.

kschang
06-17-2012, 08:49 PM
Are they using NLP? That is relatively harmless or are they using subliminal sound? I am off topic again but it is a subject which I would like to raise in the Science and Conspiracy thread soon and I hope that you will contribute. There is a very big difference between NLP and the use of subliminal sound.

NLP is a myth, a "woo" if you will.

NLP: Neuro-linguistic Programming (http://skeptoid.com/episodes/4155)

littleroundman
06-17-2012, 08:51 PM
NLP is a myth, a "woo" if you will.

NLP: Neuro-linguistic Programming (http://skeptoid.com/episodes/4155)

As is the supposed efficacy of "subliminal sound"

GlimDropper
06-17-2012, 10:26 PM
As is the supposed efficacy of "subliminal sound"

Careful, I've had a ten second cassette tape loop repeating at subaudible levels while I sleep for most of the last year. The loop repeats "Glim is not a gibbering idiot" and while my overall idiocy score has yet to be affected I have confirmable statistics indicating a firm 5% decrease in overall gibbering.

I realize that the plural of anecdote is not data but results like this warrant more rigorous examination.

kschang
06-20-2012, 05:16 PM
Local TV station got egg on face, pulled video puff piece of Zeekler where the reporter claimed NC AG office pronounced the company "legal".

BULLETIN: North Carolina Attorney General’s Office Refutes Suggestion That Zeek Has Been Deemed ‘Legal’; ‘We Do Have Concerns,’ Agency Says; TV Station Removes Video Report Zeek Was Linking To On Its Blog (http://www.patrickpretty.com/2012/06/20/bulletin-north-carolina-attorney-generals-office-refutes-suggestion-that-zeek-has-been-deemed-legal-we-do-have-concerns-agency-says-tv-station-removes-video-zeek-was-linking-to-on-its-bl/)

Mitch McDeere
06-20-2012, 08:02 PM
Mitch, keyword spamming is no longer the proper way to do SEO. We need news papers and TV stations and genuine highly trusted sources to pick up us and THAT would increase our rankings.
Have no fear my friends, you are in good hands with Mitch McDeere. As you know, there are ways to rank on the first page of Google with a powerful combination of link tiers using articles, press releases, web 2.0 sites, blog postings, home page link networks (post-Panda/Penguin), profiles, and blog comments. The key is to create real content, leveraging proper use of anchor text with diversity in backlinking, add in the proper LSI mix in the articles, and then sprinkle on some secret sauce automation techniques.

I will not rest until RealScam, BehindMLM, PatrickPretty, and kschang.hubpages.com all rank on the first page of Google for "Zeek Rewards".

We need to get the research in front of the prospects. Information is powerful! People are not stupid.... they just need enough information upon which they can act and to rebut the inane claims of the Zeek cultists.

Stay tuned... progress takes time but we will prevail!

scratchycat
06-21-2012, 10:43 AM
Mission #2 - Spreading the Word

We need to spread the word and direct those seeking information to our Heroes website, including realscam.com.

We need to reply on every blog post, article, Facebook group, forum... everywhere Zeek is mentioned, we need to encourage would-be Zeek prospects to simply DO THEIR RESEARCH. We are not spreading FUD. We are not fighting deception with deception. We are simply encouraging people to THINK for themselves.

An anonymous army of activists have been gathering. This is just the beginning: Zeek Rewards (http://youtu.be/axWx-K6BCf8) Youtube Video

Highly promoted in Adlandpro/Scamlandpro by the leading Tennessee Lady named Person of the the Year, Mary Evelyn Simpson.

ZeekRewards - The Rewards Program of a Lifetime! (http://tnlady43.zeekrewards.com/)

The 'friendly' little gathering place for her 22 thousand + "friends".
Mary Evelyn's Koffee Klatch | View Thread | AdlandPro Community (http://community.adlandpro.com/forums/post/2501135/Mary-Evelyns-Koffee-Klatch.aspx)

Who could refuse to not take this one seriously and buy into all those programs she advertises and promotes?

She is also spouting it out on Facebook now: https://www.facebook.com/maryevelyn.simpson

mySiselPro.com (http://tnlady.mysiselpro.com/)
mytsx.com (http://tnlady.mytsx.com/)

scratchycat
06-21-2012, 10:50 AM
https://www.facebook.com/ZeekRewardsNews

They are all over Facebook!!


This was posted June 18 on their NXPay page:

Hello Fine People.

We are in the process of our Monday commission run as well as running any past due subscription runs through the “past due” payment pages set up in your ZeekRewards back office. As these past due months are paid the commissions pay up instantly, so please get the word out to your teams. We will begin this weeks claw-back in a couple of hours and we will be offering both Payza (formerly known as AlertPay) and STP for instant payments. As NXPay is our newest eWallet with the least amount of recyclable cashflow – there will be a delay in payments of approximately 5 business days.

We are in the process of bringing on board other payment solutions and getting information from STP as to the 3 states they are working out licensing with. The CEO of the company feels they are close to a solution and will be getting us information as she has it.

Thanks so much for all of your continued support.

Zeek
NXPay and Other Monday News (http://zeekrewardsnews.com/2012/06/nxpay-and-other-monday-news/)

scratchycat
06-21-2012, 10:58 AM
On that same website NXPay, they told that a newsreporter had stopped by and made a video about the Penny Auction, however the link that you click on does not take you there.

I did find the video here:
Latest Bidding Craze Based In Lexington | Video | digtriad.com (http://www.digtriad.com/video/1696112641001/1496577170001/Latest-Bidding-Craze-Based-In-Lexington)

Latest Bidding Craze Based In Lexington

What if you could use a penny to buy an iPad? Turns out, you can, if you use an online penny auction. However, placing your bid will cost you more than pennies.

However, there is nothing in the video - unless my pc does not pick it up.

scratchycat
06-21-2012, 11:08 AM
Finally found the article:

Popular Penny Auction Website Based In The Piedmont | digtriad.com (http://www.digtriad.com/rss/article/232816/57/Latest-Bidding-Craze-Based-In-Lexington)


Written by
Liz Crawford

Very good link she posted:

Pyramid Schemes (http://www.ncdoj.gov/Consumer/Investment-Work-and-Money-Making-Schemes/Pyramid-Schemes.aspx)



Pyramid Schemes

The speaker claims that you can get rich, like him, by recruiting people to become distributors in an exciting new company. He explains that if you bring people into the business, and they recruit more people, you would earn a percentage of all of their sales.



You buy hundreds of dollars worth of the company's products on credit and become part of the speaker's “downline.” Not only is it impossible to sell the products you bought, but now even your friends and family are avoiding you.

The Law on Pyramid Schemes

Many companies that operate through network or multi-level marketing are in fact pyramid schemes. Promoters often claim that their program is legal because a product or service is offered. Under North Carolina law, a pyramid scheme is any plan in which a participant (1) pays money (2) for the chance to receive money (3) upon the introduction of new participants into the program.
FILED UNDER
Local & State





Lexington, NC-- What if you could use a penny to buy an iPad? Turns out, you can, if you use an online penny auction. However, placing your bid will cost you more than pennies.

Here's how a penny auction works: An item is up for auction and people can bid online just one cent at a time. So the item is increased by one penny with each bid. Once the clock runs out, the last person to bid gets the items for what could be a few pennies.

But there's a catch.

You have to purchase your bids ahead of time. With the Lexington-based penny auction website, Zeekler, each bid cost you 65 cents. If you buy 100 bids that cost you $65.

That means, if you win an item in the penny auction, it may go for half the retail price or even more. However, you already spent $65 for your ability to place 100 bids.

Another catch with penny auctions, you cannot rely on that countdown clock.

"Each time somebody bids, the price goes up one cent and 20 seconds gets added to the clock so the auction continues as long as people want to bid and then when it's over, the last person who placed a bid wins the item for whatever number of pennies have been bid," explained Paul Burks, Zeekler owner.

Although, items may be posted for days, the action doesn't start until the end, since winning is all about being the last person to bid.

It's not easy to do, considering with every bid, 20 seconds is added to the clock. The bidding process goes on and on until people stop bidding and the clock runs out.

Burks told News 2 they are the number two penny auction website on the internet right now when it comes to traffic.

The North Carolina Attorney General's office told News 2 they have received a handful of complaints when it comes to Zeekler and their sister site, Zeek Rewards. A court has not yet ruled whether this operation is legal or illegal.

If you are unsure about buying merchandise from a retailer or operation, the NC Department of Justice recommends this website.

WFMY News 2

kschang
06-21-2012, 01:58 PM
The video's been wiped as the reporter claimed that NC AG's office had pronounced ZR to be legal and it did no such thing.

path2prosperity
06-21-2012, 02:35 PM
Mitch, keyword spamming is no longer the proper way to do SEO. We need news papers and TV stations and genuine highly trusted sources to pick up us and THAT would increase our rankings.

I agree with that 200% kasey. I was taught how to issue a press release by my deseased brother in law who was a Professor of journalism at City University.

The most important thing is not to say anything about yourself.

If the journalist is interested in what you say, he or she will find out who you are. My brother in law said that you introduce the subject then write four or five lines about what four, possibly five well known people have to say about the subject which you are introducing.

He was right. I wrote to a provincial news paper in 1977. The Sunday Times picked up the story, then The Sunday Telegraph and The Observer and to my amazement Yorkshire Television. The real spin that gave my employment agency a real boost was a three or four line comment in The Financial Times which said "Judy Hortin The best Known Supplier of Electronic Engineers in The Country Says"

I can not help feeling that somebody should try to break the news about Jill Bachman, Carol Salisbury and other MLMers who are trading on the name of Nobel Prize winning scientists to hawk anti ageing products. You would think that their attempts to hawk ASD would have taught them the error of their ways but apparantly not.

Jill's Folly (http://www.realscam.com/f16/adlandpro-jill-bachman-her-andy-bowdoin-connections-478/index8.html)

scratchycat
06-21-2012, 03:45 PM
The video's been wiped as the reporter claimed that NC AG's office had pronounced ZR to be legal and it did no such thing.

Thanks ks, you seem to have been working with this for some time now. Sure glad you joined up here and I am with you, the more we expose this, the better.
Zeek Rewards confirm $100,000s in fraud occurring | BehindMLM (http://behindmlm.com/companies/zeek-rewards/zeek-rewards-confirm-100000s-in-fraud-occurring/)

Found that through a Google search.

http://amlmskeptic.blogspot.com/

Nice blog also.

Stockette
06-21-2012, 06:00 PM
Thanks to Zeek team for full disclosure. I would venture to guess that those putting this down as a scam haven't read it. For everyone else, I too joined this. I've got thousands in loads of other stuff I've tried over the last 5 years with only nominal success. In only two weeks, I'm starting to make real money. It,'s not a scam and it's not a ponzi. It's profit sharing from the net revenues of the Zeekler online auction which we buy and give bids to users. That's only one of seven ways to make money on this. I am elated. This came just in time!

EagleOne
06-21-2012, 07:19 PM
Thanks to Zeek team for full disclosure. I would venture to guess that those putting this down as a scam haven't read it. For everyone else, I too joined this. I've got thousands in loads of other stuff I've tried over the last 5 years with only nominal success. In only two weeks, I'm starting to make real money. It,'s not a scam and it's not a ponzi. It's profit sharing from the net revenues of the Zeekler online auction which we buy and give bids to users. That's only one of seven ways to make money on this. I am elated. This came just in time!

Stockette, welcome to the forum. I take it that you have not been in one of these type of programs before based on your comments. If I am mistaken, please forgive me. I understand your enthusiasm for the program, but I must ask what makes you think we have not read the material presented by Zeek?

If you have successfully bid on a product, what was your total cost to win the bid? Not what the winning bid amount was, but your total cost: Your total costs of buying your bids, the number of bids you made and their cost and then the winning bid amount. These are costs that most of the members of Zeek never take into consideration as to what the winning bid really did cost them, and you must also add in shipping costs. Take your total costs and subtract it from the retail cost of the item. Then you will know if you really got a deal or were had.

You see most of the winning bids when all the costs are added up far exceed the retail price of the product you were bidding on. This is the norm, not the exception to the rule. I also think you are overlooking all the internal problems Zeek is having and they are not minor.

But we do appreciate your posting and hope you will do so again.

littleroundman
06-21-2012, 07:34 PM
In only two weeks, I'm starting to make real money

Welcome to the forum, Stockette.

Have you been able to transfer any of your "real money" into your bank account, or is it only "real" in your back office so far ???

IOW, are we talking "numbers on a screen" or "money in your pocket" here ??

You say you've been in the program for around 2 weeks.

At 1 or 2% per day, how many days do you calculate it will take before you have covered the amount you deposited and move into "profit" and how many more days will it take before you have the money in your hand ??

path2prosperity
06-21-2012, 08:17 PM
NLP is a myth, a "woo" if you will.

NLP: Neuro-linguistic Programming (http://skeptoid.com/episodes/4155)

You don't need to tell me that "kasey" I have asked Roger the Lodger from Scamlandpro who is a "qualified NLP practicioner" to defend it. The use of subliminal sound for advertising is a very different kettle of fish and actually banned in the UK. I am not sure of the full details but some supermarkets played music which was telling customers to buy some form of margerine and it proved to be very effective.

It did occur to me that the psychologist Dr Mara could have been using some sort of subliminal sound techniques that were a lot more advanced than NLP to induce people to sign up for VLane and I raised the subject before. Somebody from WLD made a highly intelligent repy with loads of information but I have not been able to find it. There was far too much crap on WLD for my grey cells to absorb when VLane was top of the scams but it was an excellent comment.

littleroundman
06-21-2012, 08:50 PM
Update Note [2000]: "An Update on Subliminal Influence," by Timothy E. Moore and Anthony R. Pratkanis

What has happened in the area of subliminal influence in the 8 years since we wrote our reviews for Skeptical Inquirer? [See: Moore, T.E. (1992). " Subliminal perception: Facts and fallacies," Skeptical Inquirer, 16, 273-281; Pratkanis, A. (1992), and " The cargo cult science of subliminal persuasion," Skeptical Inquirer,16, 260-272.]

In a nutshell, a little bit more science, a little less hysteria, and some still long-term, unresolved issues. In the "little bit more" category, recent scientific evidence continues to support our original appraisal that actions, motives, and beliefs are NOT susceptible to manipulation through the use of briefly (i.e., subliminally) presented messages or directives. If anything the case against subliminal manipulation is stronger now than ever as a result of some recent research designed to address Anthony Greenwald's (1992) "two-word challenge" -- to create an experimental demonstration that multiple words presented subliminally could be understood as a unit and more than the sum of the parts.

Numerous studies had previously demonstrated semantic activation of single words under conditions in which subjects had no phenomenal awareness of the stimulus, as we noted in our reviews. However, no priming study had shown that multiple words, presented subliminally, were capable of semantic activation. Such a demonstration would be essential for validating claims that phrases such as "Eat Popcorn/Drink Coke" ... could affect human motivation and behavior. A recent study by Draine (1997) has cast considerable doubt on the proposition that multiple words presented subliminally can be comprehended. In his work, Draine established that priming effects of word pairs are a function of individual word meanings, rather than their combined meaning. For example, the pair of words "Not Dirty" was perceived to be evaluatively negative. The impact of the prime was uninfluenced by its negation. Draine concluded that two-word grammatical combinations are beyond the analytic powers of unconscious cognition.

In the "little less of" category, we are pleased to report that much of the furor over subliminal influence has died down. There have been no new rock bands labeled as "subliminal criminals." ... The news media, including ABC, CBS News, and CNN Headline News have made numerous accurate presentations of the scientific data showing the ineffectiveness of subliminal influence in general and subliminal self-help tapes in particular. The National Academy of Science and the British Psychological Association both issued statements concerning the lack of efficacy of subliminal tapes. The level of promotion of subliminal self-help tapes seems to have declined. The message seems to have gotten out that when it comes to subliminal tapes, "Buyer Beware," although sales of such tapes continue.

We wish we could end this update on a happy note and state that the hysterical claims for the power of subliminal influence have finally been laid to rest. However, we noted in our reviews that interest in subliminal influence is often cyclical -- first appearing before the turn of century, then again in the 1950s, 1970s, and today. And while the most recent manifestations of interest in things subliminal appear to have died down, the underlying reasons for this interest remain. These include a general lack of scientific literacy, unclear standards for qualifying experts in court, confusing unconscious perceptual processes with the psychodynamic unconscious, a mass media interested in ratings and the sensational, and a desire for quick solutions to difficult problems and quick scapegoats when the quick solutions don't work.


There is also a feature of subliminal stimulation that is somewhat unique compared to other urban myths -- namely that evidence that could disconfirm the presence of subliminal stimuli is not readily available to the viewer (or listener). A subliminal stimulus is, by definition, outside of conscious awareness. Consequently, NOT seeing (or hearing) subliminal messages when one suspects their presence, confirms their presence in the minds of those who have been encouraged to believe in subliminal persuasion. For this reason, subliminal conspiracies will no doubt continue to crop up. Time will tell if, 5 or 10 or 20 years from now, some new researchers will need to write articles similar to the ones we wrote 6 years ago to alert the public to the fact that no scientific evidence is available showing that subliminal stimulation can significantly influence human motivation and behavior.



http://www.rapidnet.com/~jbeard/bdm/Psychology/sublim.htm (http://www.rapidnet.com/%7Ejbeard/bdm/Psychology/sublim.htm)

kschang
06-21-2012, 09:31 PM
Thanks to Zeek team for full disclosure.

Where is this full disclosure that you are referring to, pray tell?


I would venture to guess that those putting this down as a scam haven't read it.

If it's members only, that would explain the secrecy.


For everyone else, I too joined this. I've got thousands in loads of other stuff I've tried over the last 5 years with only nominal success. In only two weeks, I'm starting to make real money.

Making money does NOT prove it's not a Ponzi or a pyramid scheme. People who invested with Bernie Madoff made money for 15-20 years.

And what exactly do you mean by "make real money"? Is it VIP Profit Points growth or did you actually get a check? Did you make back all the money you put in yet? Do you feel like you are investing? Or actually WORKING?


It,'s not a scam and it's not a ponzi. It's profit sharing from the net revenues of the Zeekler online auction which we buy and give bids to users.

Which users have actually BOUGHT bids, thus generating those profits?

You bought bids. You generated those profits. You are paying yourself.


That's only one of seven ways to make money on this. I am elated. This came just in time!

Did Zeek ever gave a breakdown on how much revenue you can expect from the seven different ways? Seems EVERYBODY only cares about the daily profit share.

path2prosperity
06-22-2012, 03:59 AM
http://www.rapidnet.com/~jbeard/bdm/Psychology/sublim.htm (http://www.rapidnet.com/%7Ejbeard/bdm/Psychology/sublim.htm)

I read the article LRM and found it ammusing that it boiled down to Freud versus scipture.

I quote.

"Also, most are unaware that Freud's ideas about the unconscious and other matters have been discredited because they have not been supported either neurologically or scientifically. Moreover, the "Freudian unconscious" is contrary to the Word of God. No Scripture passage supports such an idea. Instead, the Bible is consciously and volitionally oriented. "

I brought the matter of subliminal sound as a possibility up, in the VLane era, when I was unable to comprehend how people could fall for Mara's caper. Most of her faithful believed she was a medical doctor with a PhD in psychology so she may have had some scientific powers at her finger tips if that had been true. Her followers believed everything the silly cow spouted. Andy and Trevor Cooke claimed the Crhristian God was helping them and masses swallowed that BS.

What power is helping Zeek, I wonder? The only demigod behind Zeek, with whom I am familiar, is Mary Evelyn Simpson Scamlandpro's Person of The Year. I think that dog has had its day so what in science or heaven's name will save Zeek from extinction?

kschang
06-22-2012, 01:14 PM
Zeek Squad the compliance searchers, apparently only speak English. I am finding a ton of ads posted still using the "prohibited words" like investment, interest, dividend, compound, and so on, albeit, not in English.

kschang
06-22-2012, 02:05 PM
Zeek apparently secretly hired a compliance investigator by the name of Ken Kilby

Kenneth Kilby | LinkedIn (http://www.linkedin.com/pub/kenneth-kilby/37/64a/424)

https://plus.google.com/100855485274971541794/posts

scratchycat
06-22-2012, 03:11 PM
Patrick Pretty has huge announcement on Zeek Rewards!!

PatrickPretty.com: Ponzi Schemes. Securities fraud. HYIP Schemes. Pyramid Schemes. Investment Fraud. Internet Crime. (http://www.patrickpretty.com/)

I know some of you already heard this but others might not have.

Mitch McDeere
06-22-2012, 04:33 PM
Updated video on Zeek Rewards (https://www.youtube.com/watch?v=VLOSoeO5t8M).

Ask the right questions. Spread the word!

kschang
06-23-2012, 12:30 AM
That's pretty good, Mitch. However, it'd be even better if you use ZeekReward's words against them, instead of the critics' words.

Like "problem in Montana"? Play back the part from the "leadership call" with the subtitles, karaoke style.

Or the part where Zeek Rewards buy says "don't ask questions"? Put that BIG words on screen, karaoke style subtitles. with the words zoomed out.

Look at the news graphics done by 60 minutes where they show "excerpts" from the documents for the style you want to achieve.

GlimDropper
06-23-2012, 04:42 PM
Perfunctory note. It's only been about six hours since I posted a comment on Troy Dooly's blog and have no reason to suspect he wont approve it when he has time. I do know that since the time I made my post Troy has approved other posts so have reason to believe he's seen it. Also, in my post I mention a Zeekler auction where someone used 144 bids to win $100 in cash, I was in error. They only used 126 bids to win the auction and would only need to send Zeekler an additional $61.64 in order to claim their $100. Sorry for the error.

Also, vBulletin's wysiwyg interface sometimes makes a pigs dinner out of formatting. Each and every word quoted below is a straight copy paste job from Troy's blog. If I was unable to correct things like line breaks it's entirely my fault. You can read the original posts at Troy's blog (http://mlmhelpdesk.com/mlm-penny-auction-news-zeekler-penny-auction-house-numbers-show-the-real-story-behind-zeek-rewards/#comments).



PPBlog June 22, 2012 at 3:39 pm # (http://mlmhelpdesk.com/mlm-penny-auction-news-zeekler-penny-auction-house-numbers-show-the-real-story-behind-zeek-rewards/#comment-59534)


Troy,

IMHO, you are doing an epic disservice to your readers, the MLM trade and ANMP in the manner in which you are covering Zeek. If this is what MLM “leaders” are teaching these days, God help MLM.

It’s easy enough for me to live with your critique of what I do and how I do it.

For the benefit of your readers who do not come here to observe you carrying the water bucket for Zeek or to make themselves feel better about promoting Zeek, I’ll say this:

I did not publish the complainants’ names from the documentation I received from the attorney general’s office because such publication could discourage others with complaints from coming forward.

Zeek itself used the term “complainant,” BTW.

Moreover, I am still studying the complaints, including one in which Zeekler responded to a complaint about ‘”bot” bidding and the bidding going beyond the retail price by blaming a bidder for not understanding how things work.

Zeek has a hideous sense of PR. It starts at the top. Indeed, the response letter to the attorney general’s office about the individual’s Zeekler complaint was signed by Paul Burks.

Paul Burks told the state that people given free bids have “nothing to lose since they did not spend anything, so they bid to ridiculous prices and then learn afterward that they need to actually PAY $86 for that $75 card if they want to receive it. They have never chosen to do so.”

Beyond that, some of the case files are still “open,” meaning Zeek hasn’t responded or that the complainants haven’t responded to Zeek’s response.

You assert that Zeek “doesn’t accept $20K the cap is $10K so the person would not have had their money accepted by Zeek.”

FYI, Zeek did NOT dispute it accepted the $20,000 in its response to the state. It disputed only who gave it the money, which allegedly was paid via credit card.

The case file is still open, meaning that — as of Wednesday — the complainant had not withdrawn the dispute. Zeek suggested he might, saying he seemed to be satisfied with its answers.

Likewise, the complaint from California concerning an alleged sum of $2,000 not being credited is still open. So is the complaint from Florida about postal mail orders totaling $1,000 allegedly not being credited.
In the case of the Florida complaint, North Carolina is seeking more info from the submitter.
Finally, for whatever reason, you wrote this:
_______________________________________
“And in the last “complaint” it is not a complaint, but a person looking for some free money… passive income by being a “whistle blower”. I am all for exposing fraud, but to call this a complaint is a little far fetched.
“Troy’s Thoughts: However, if whistle blowing is a lucrative business model, it might explain how Patrick makes his living… And he is good at it!”
_______________________________________
No, Troy, I do not seek — nor have I ever sought — whistleblower rewards from the government.

It’s clear, though, that the individual who contacted the attorney general is interested in such a reward. That tells me that word about the SEC’s program is spreading. And it also tells me that MLMs that are not careful and end up selling an investment scheme or something that resembles an investment scheme could find themselves being complained about by a person on the street who IS interested in a whistleblower’s reward.

BTW, the person who referenced the whistleblower’s reward copied a website post from a well-known figure in MLM who’s had some negative things to say about Zeek and has raised some serious concerns about Zeek on his age-old site.

Patrick

P.S. If you call me “sport,” I think I’ll actually vomit.
Reply (http://mlmhelpdesk.com/mlm-penny-auction-news-zeekler-penny-auction-house-numbers-show-the-real-story-behind-zeek-rewards/?replytocom=59534#respond)


Troy Dooly June 22, 2012 at 6:36 pm # (http://mlmhelpdesk.com/mlm-penny-auction-news-zeekler-penny-auction-house-numbers-show-the-real-story-behind-zeek-rewards/#comment-59542)
http://0.gravatar.com/avatar/0d56c7de7aca01e82f09f13d6b7b8537?s=40&d=&r=PG

@Patrick,

It is an honor. This is the first time you have ever graced our community, thank you. Now you did write a boatload of stuff, so give me a little time to respond, I do have a radio show to get ready for. Ok, I am back…

1. I accept your Humble Opinion. Lord knows if I focused on what others think, I would never get any writing or videos done. Like you there are some who will feel like my coverage is a disservice. However, at the end of the day, I know I am doing my best to give the affiliates and anyone else who is reading a balancing view outside of what you or Oz might write.

2. As for the ANMP side of things, I would say that my reporting and training on compliance is right in line with the Mission of the association:
“To positively impact, serve, educate, standardize, preserve, and unite network marketing associates and those who develop and create businesses within the network marketing community.”

3. My critics of your reporting have been positive, what is there not to live with. Many times over the years I have linked to your reviews, and have made it clear to my community, that even though we do not see eye to eye on everything, I fully respect where you are coming from.

4. Hmmm… I would say I carry a water bucket for the network marketing community and the distributors who make it a great place to serve. As for Zeek, they have people far higher up the food chain than me to carry their water.

5. I respect your position on not publishing the names. However, it is public info, and if Zeek or is harming affiliates or customers, then people will not have any issue in filing a complaint. If the complaints are legit, then they need to be addressed and answered. From talking with the legal and compliance team, each time a complaint is sent from anywhere, they do respond swiftly.

6. We all have agreed the over bidding is strange to say the least. In asking about that personally, I did recieve an answer in line with what was sent to the AG’s office. It was explained that in the internal audit of the “high bidding” that it happened only in customers were using “free bids” and the winners did not ask for the items, but instead got the bragging rights for winning. Although I can’t prove this, it does line up with the physiology used in gamification, part of what makes the penny auctions so popular inside and outside of network marketing.

7. I did state the Zeek doesn’t accept $20K for bids. that does not mean they did not receive the $20K for bids. My assertion was that, you did not show in the article, if the money had been returned or not, or where that complaint now stands. At know time was I asserting that the money was not sent, or that it might not have even been signed for it it was certified funds. If the money was cent via a credit card/debit card, then there will be plenty of paper trail to figure out when it hit the account.
Now, if Zeek is disputing who gave them the money, then it seems we may be able to conclude that the complaint may not be legit, but if it is, then surely the alleged credit card holder will be able to provide the statement showing the charge, and the credit card processor will be able to show the money trail so they can get their money back.

8. I think we are on the same page when it comes to legit complaints. Where I get frustrated Patrick is when all the information is not disclosed on the complaints. I understand your position, and like I have said I respect it, and you do a wonderful job at keeping people informed on scams. But most people do not understand all that it means when complaints come in and the process that takes place. Your willingness to come here and explain it fantastic and help all.

9. Patrick, please do not take the comment about whistle blowing as a slam or negative comment, it was not intended at all. As a former bounty hunter I was paid to bring people back to jail. And I paid informants. When I saw the person asking for whistle blowing money, I did think, “maybe this is why Patrick is so passionate on sniffing out ponzi and pyramids.

Let me say publicly, I in no way want my comment to sound belittling or disrespectful, I am sorry if it came across that way.

I am glad you shared and explain about the whistle blower program. I have seen an uptick in retail selling in several of the older companies, and even in some of the new companies which are using specific MLM attorneys, I hope we see this trend grow, so some good companies do not get hit for not doing it right.

10. Patrick, I never call anyone “sport” who is as respectful as you http://mlmhelpdesk.com/wp-includes/images/smilies/icon_smile.gif
Again, I am sorry if the last comment came across unprofessional and belittling that was not me intent. And I thank you for taking time away from your busy schedule to respond here in the community.
Living An Epic Adventure,
Troy
Reply (http://mlmhelpdesk.com/mlm-penny-auction-news-zeekler-penny-auction-house-numbers-show-the-real-story-behind-zeek-rewards/?replytocom=59542#respond)


GlimDropper (http://realscam.com) June 23, 2012 at 11:23 am # (http://mlmhelpdesk.com/mlm-penny-auction-news-zeekler-penny-auction-house-numbers-show-the-real-story-behind-zeek-rewards/#comment-59557)
http://0.gravatar.com/avatar/2adfc2ba4e9018ba19f5d79e2243ecb1?s=40&d=&r=PG

@Troy
“.,.. 4. Hmmm… I would say I carry a water bucket for the network marketing community and the distributors who make it a great place to serve. As for Zeek, they have people far higher up the food chain than me to carry their water..,.”

There have been occasions when I’ve found cause to disagree with you sir but because I honestly believe you do look out for the reps in the field and your industry in general I consider those disagreements to be less important than your greater body of work.

But please understand sir that you have been and are acting as an advocate and defender not of ZR’s affiliates but of Zeek Rewards it’s self. This is different than what you have done before and I hope you recognize the distinction.

Gerry Nehra and Keith Laggos were compensated for lending their professional reputations in efforts to prove to the court that Andy Bowdoin’s Ad Surf Daily was not a ponzi scheme. I’m sure neither of these gentleman would comment publicly but you can talk to them in private. Could you ask them if the money was worth it? And both of them are now “higher up the food chain” of water bucket carrying for ZR.

“.,… 6. We all have agreed the over bidding is strange to say the least. In asking about that personally, I did recieve an answer in line with what was sent to the AG’s office. It was explained that in the internal audit of the “high bidding” that it happened only in customers were using “free bids” and the winners did not ask for the items, but instead got the bragging rights for winning. Although I can’t prove this, it does line up with the physiology used in gamification, part of what makes the penny auctions so popular inside and outside of network marketing…,.”

It is purely and demonstrably false that “over bidding” only occurs in Zeekler’s free bid auctions. So much so that I wonder if you’ve investigated this issue for yourself or are only repeating what ZR has told you.
Check today’s winner circle for Auction ID: 39494, it is NOT a free bid auction yet someone used 144 bids to win $100. It took me less than a minute to find that result, next time you have less than a minute to kill try looking at the auction results for yourself.

An unrelated and fairly absurd question. Imagine I’m selling illegal street drugs but both myself and all my customers are well trained to never use the words weed, coke, speed and so on. We also never use the words buy or sell. Does changing the words used to describe the transaction alter the nature of the transaction it’s self? Andy Bowdoin tried to pretend that Ad Pack purchases weren’t an investment, he even put it in writing. And he is presently in custody awaiting sentencing.

Please Troy, decide who your first loyalty belongs to. Is it to your industry and to all the Zeek Rewards affiliates or is it to Dawn and Paul?

Your comment is awaiting moderation.


I need to add something, I've know Patrick for years and I've never seen him as abrupt as he was in that post. I can not and will not speak for him but but in a post on the linked topic someone asked Troy for his opinion of one of Patrick's blog posts. This is part of Troy's reply:


And in the last “complaint” it is not a complaint, but a person looking for some free money… passive income by being a “whistle blower”. I am all for exposing fraud, but to call this a complaint is a little far fetched.


Troy’s Thoughts: However, if whistle blowing is a lucrative business model, it might explain how Patrick makes his living… And he is good at it!


YOU. DON'T. GET. IT. TROY.

Patrick already corrected you but you can't do what we do for money. Look at all the ad banners here on RealScam, if you see any at all run an adware check on your computer and they'll disappear cause they were never on this site in the first place. I could sell "blog yourself to $9,000/month" clickbank ads and even if the young lady used in the ad looked a bit like a younger Lisa Edelstein I'd still feel a bit more than a little dirty about it.

Troy:

Why did you give Paul Burks a total pass on his OFAC lies last April? You said and I quote:


I have not yet found one person who has not been deactivated for legit reasons. In every case I have reviewed the deactivated affiliate was marketing the Zeek Rewards network marketing income opportunity way outside of compliance and had been warned more than once.

So each and every ZR affiliate in each and every country ZR banned were not only "way out of compliance" but were also "warned more than once"? Do you actuality believe that or are you just not paying Attention? Six nations were banned in whole and Paul's excuse was easily disproven by someone who didn't take his word for it. What are you not willing to take Paul's word for Troy? Anything?

In the video for your blog post I linked above you mentioned Russia and China as being two nations who caused a lot of the fraud problems ZR was dealing with a few months ago. Why were neither of those nations banned from ZR but EU member nation Slovenia was?

Troy, I don't know how much Paul and Dawn are paying you to promote their company but if you're anything like the man I thought you were, it isn't nearly enough.

kschang
06-23-2012, 05:21 PM
Unlike Troy, we don't get appearance fees speaking at events. We don't get tickets flying down for free or free hotel either.

No MLM companies want to speak to us as they see us as the enemy.

GlimDropper
06-23-2012, 05:31 PM
Unlike Troy, we don't get appearance fees speaking at events. We don't get tickets flying down for free or free hotel either.

No MLM companies want to speak to us as they see us as the enemy.

Which is a shame because in too many cases to mention we could improve upon their "compliance training" by simply telling their affiliates to get the hell out of the program.

Oh wait, that's why we wont get hired.

Oh well, that's just more work for Troy.

Whip
06-23-2012, 05:37 PM
I'll guess he's a paid shill again like he was for his buzzirk buddy when he got caught

littleroundman
06-23-2012, 11:33 PM
Common denominator ?? Paul Burks

New Net Mail
New Net Quest
Signed and Numbered International, Inc.
FSCStore.com
The Free Store Club
Exact Method Marketing
Free Store Club
FreeStore Club
FSC Store
Lighthouse America
ZeekRewards
Zeekler

Mitch McDeere
06-23-2012, 11:47 PM
Troy:

Why did you give Paul Burks a total pass on his OFAC lies last April? You said and I quote:



I have not yet found one person who has not been deactivated for legit reasons. In every case I have reviewed the deactivated affiliate was marketing the Zeek Rewards network marketing income opportunity way outside of compliance and had been warned more than once.


So each and every ZR affiliate in each and every country ZR banned were not only "way out of compliance" but were also "warned more than once"? Do you actuality believe that or are you just not paying Attention? Six nations were banned in whole and Paul's excuse was easily disproven by someone who didn't take his word for it. What are you not willing to take Paul's word for Troy? Anything?

In the video for your blog post I linked above you mentioned Russia and China as being two nations who caused a lot of the fraud problems ZR was dealing with a few months ago. Why were neither of those nations banned from ZR but EU member nation Slovenia was?

Troy, I don't know how much Paul and Dawn are paying you to promote their company but if you're anything like the man I thought you were, it isn't nearly enough.

Several people on both MLMHelpDesk and BehindMLM raised this very specific issue as it was a substantive example that couldn't be excused away in the name of "growing pains" or blamed put on the affiliate for not being in compliance with a non-compliant business model, or otherwise excused as "just a corner case".

Troy was actively engaging Zeek critics but never responded to this issue. This was probably the watershed moment when started losing respect for Troy and believing he was somehow in league with Zeek or otherwise being compensated in an indirect way (quid pro quo).

Mitch McDeere
06-24-2012, 12:24 AM
The example of bidding with free bids for the $75 cash prize auction is incorrect because the cash auctions cannot be won with FREE bids! Search for yourself on Google using this query:



+site:zeekler.com +"$75 cash" +"won with"


To further verify, use this search query:



+site:zeekler.com +"$75 cash" +"won with" +"free bids are NOT accepted"


Now change the last search string to a negative boolean query:



+site:zeekler.com +"$75 cash" +"won with" -"free bids are NOT accepted"


In other words, there are zero cases where Zeekler had a cash auction, and in the above example specifically a $75 cash auction, where you could use FREE bids. You had to use only paid bids either from affiliates for their monthly membership fees or most likely purchased as a customer to benefit the affiliate with matching VIP points. For example, I purchase $1,000 in bids in my mom's name to get the $1,000 matching VIP points. This was a common way for affiliates to buy into the Ponzi with a credit card after Zeek Rewards stopped taking credit card for the investment portion in Dec 2011, but you could still use a credit card for the Zeekler penny auction.

Either the slip was accidental which may be excused. Or intentional which cannot be excused because one can see how the public could be swayed to agree with the reasoning if it was FREE bids (there are so many free bids being given away, of course people get aggressive and bid items up for the fun/swag of it). But with PAID bids, which theoretically are supposed to be valuable and are often compared to Quibids and other real penny auctions, that reasoning doesn't make sense. You can see how insidious the deceit would be here if Paul/Troy knew that cash auctions cannot be won with FREE bids.

GlimDropper
06-24-2012, 04:27 PM
I've been pretty hard on Troy Dooly and to some extent I think he deserved it, but I have to give him credit for letting the "other side" of the argument have it's say on his blog. He was courteous and receptive of courtesy and while we'll never see some things eye to eye there are many things we agree on.

Here's a link to Troy's blog post where this conversation took place. (http://mlmhelpdesk.com/mlm-penny-auction-news-zeekler-penny-auction-house-numbers-show-the-real-story-behind-zeek-rewards/)

If Troy is reading this I do have a recommendation. All of Zeek Rewards high priced legal talent is impressive and all that but if ZR wants to silence the critics they don't need attorneys they need accountants.

Your site and this one can come up with a list of relevant questions and then Paul hires an accredited accounting firm to take an endoscopic look at ZR's financials. After a full accounting of ZR's money flow those accountants answer all those questions and signs their name to the document in a way that their professional reputations are staked to the accuracy of those answers. We then post that document on both of our websites.

There are many things we don't need to know, I don't care how much Paul gets paid for example. But the total number of Zeekler bids purchased by retail (not in the comp plan) customers is hugely important and I'm sure you'd agree with that. Also the oft made claim that qualified affiliates are only being paid with "up to" 50% of ZR's daily revenue could be examined as well.

I don't think for a single minute that Paul will agree to this request but if at all possible, have a video camera trained on his face when you ask him. Every picture tells a story don't it?

GlimDropper
06-24-2012, 05:41 PM
I just signed up as a free affiliate of ZR yesterday and I'm already being rewarded:


http://getsatisfaction.com/assets/user_default_medium.png (http://zeeksupport.zeekrewards.com/people/swan_4343262)

Swan (http://zeeksupport.zeekrewards.com/people/swan_4343262) 2 days ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/lamda_ec_and_internet_shop_paygate_please_confirm# topic_4114541)
Lamda EC , and INTERNET SHOP-PAYGATE please confirm.




can someone in authority confirm that Lamda EC out of Cyprus is a vendor/bank that Zeek is using to process subscription payments. 2 of our reps received the following strange email.

Name-Private
Thank you for your order with ZeekRewards News (http://zeekrewardsnews.com/) and we are aiming to provide a 100% satisfaction with all your transaction. Kindly take a moment to review your order information given below:

Transaction Numbers: private
Amount Charged: 98.01
This will appear on your credit card statement as INTERNET SHOP-PAYGATE

Notice : Due to the foreign exchange rate, the amount displayed on your statement may be different from the real price.

Should you have ANY CONCERNS about this transaction AT ANY TIME, especially DISPUTE with the merchant , we are available round the clock to assist you.

We are open for business 24x7 and can be reached via phone, email .
Cyprus Toll Free +357-8009-4544
Email : customerservice@lamdaec.com

Best regards

Lamda EC Support Team
2 people have
this question +1 (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/lamda_ec_and_internet_shop_paygate_please_confirm/me_toos) follow (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/lamda_ec_and_internet_shop_paygate_please_confirm/notifiers)





Answered




Reply (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/lamda_ec_and_internet_shop_paygate_please_confirm# )




https://d37wxxhohlp07s.cloudfront.net/public/uploaded_images/9546631/255765_10150648621085068_736190067_19115282_129431 3_n_medium.jpg EMPLOYEE (http://zeeksupport.zeekrewards.com/people/hassan_aman) https://d3rorgotota87b.cloudfront.net/assets/emoticons/happy-dedb168d6a5df74bd54bc1f3cd069d85.png I’m Dedicated

Hassan Aman (http://zeeksupport.zeekrewards.com/people/hassan_aman) (Employee) 2 days ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/lamda_ec_and_internet_shop_paygate_please_confirm# reply_9250350)
Hi Swan

Yes, they are verified by Zeekrewards.

Thank you for contacting us.

BR
Hassan Aman

good answer! (http://zeeksupport.zeekrewards.com/stars)

John Aherne (http://zeeksupport.zeekrewards.com/people/john_aherne) 7 hours ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/lamda_ec_and_internet_shop_paygate_please_confirm# reply_9261612)
Could you provide a list of who is verified. I saw Shop-Gateway on my account and was getting ready to call my bank to dispute the charge when it occurred to me that it might be Zeek and I checked here.
Hassan Aman (http://zeeksupport.zeekrewards.com/people/hassan_aman) (Employee) 7 hours ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/lamda_ec_and_internet_shop_paygate_please_confirm# reply_9261787)
Hi John

I will see what can be done in this regard.

BR
Hassan



http://getsatisfaction.com/assets/user_default_medium.png (http://zeeksupport.zeekrewards.com/people/hidden_treasure) 2


Hidden Treasure (http://zeeksupport.zeekrewards.com/people/hidden_treasure) 1 day ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/lamda_ec_and_internet_shop_paygate_please_confirm# reply_9252039)
I'm sorry, but, someone has to say it... This is the most disturbing (and truth be told, unprofessional) manner in which to ACCEPT credit card payments I've ever seen. You NEVER pay with a CC and NOT know who/where the charge will be coming from. This SHOULD ALWAYS BE CLEARLY STATED on ALL credit card processing forms..."you will see a charge from (who knows) in (who knows) what country".

These are peoples CREDIT CARDS and BANK ACCOUNTS, for Pete sake. They have the RIGHT to know WHO will have their information, right? And YES, this IS zeeks responsibility to make CLEAR on EVERY payment form. And NO "they're working on it", "we were busy"... won't cut-it when fraud protection, chargebacks, etc. come knocking. As this SHOULD have been done the MINUTE zeek moved/changed banking operations (ONE employee - 10min. to add text to the form(s). It's like somebody upstairs continually WANTS more headaches, really.

Ok, I've said my peace. Sorry, but, someone had to say it (you know you were thinking it, too :o)

good answer! (http://zeeksupport.zeekrewards.com/stars)

This comment was removed on 2012-06-24.
see the change log (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/lamda_ec_and_internet_shop_paygate_please_confirm/changes#topic_changes_remove_reply_1089332)



https://d37wxxhohlp07s.cloudfront.net/public/uploaded_images/9546631/255765_10150648621085068_736190067_19115282_129431 3_n_medium.jpg EMPLOYEE (http://zeeksupport.zeekrewards.com/people/hassan_aman)
Hassan Aman (http://zeeksupport.zeekrewards.com/people/hassan_aman) (Employee) 1 day ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/lamda_ec_and_internet_shop_paygate_please_confirm# reply_9252078)
You are clearly heard, and that is the one of the core reasons for introducing this community Hidden treasure. We are glad that the community brings peace to our fine affiliates in one way or the other =) . On my behalf, I can only apologize for any kind of inconvenience caused and promise to forward your words to the top management.

BR
Hassan
Comment (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/lamda_ec_and_internet_shop_paygate_please_confirm/replies/9252078)
good answer! (http://zeeksupport.zeekrewards.com/stars)
http://getsatisfaction.com/assets/user_default_medium.png (http://zeeksupport.zeekrewards.com/people/hidden_treasure) 1


Hidden Treasure (http://zeeksupport.zeekrewards.com/people/hidden_treasure) 1 day ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/lamda_ec_and_internet_shop_paygate_please_confirm# reply_9252567)
Hassan, I'm sure many will appreciate knowing you are willing to help with this matter. And please don't feel the need to apologize to me, as I don't use my CC, so no problems here! Just when I see others confused or potential to get hurt, I tend to speak out on their behalf is all. Yes, I'm funny that way :o) Keep up the good work!
Comment (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/lamda_ec_and_internet_shop_paygate_please_confirm/replies/9252567)
good answer! (http://zeeksupport.zeekrewards.com/stars)
https://d37wxxhohlp07s.cloudfront.net/public/uploaded_images/9546631/255765_10150648621085068_736190067_19115282_129431 3_n_medium.jpg EMPLOYEE (http://zeeksupport.zeekrewards.com/people/hassan_aman) https://d3rorgotota87b.cloudfront.net/assets/emoticons/happy-dedb168d6a5df74bd54bc1f3cd069d85.png I’m Dedicated
1


Hassan Aman (http://zeeksupport.zeekrewards.com/people/hassan_aman) (Employee) 1 day ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/lamda_ec_and_internet_shop_paygate_please_confirm# reply_9252603)
I personally appreciate your concern. Just as you feel to speak on behalf of our other fine affiliates like yourself, I tend to offer my humble empathy to you on our behalf =).

We are here to help, and we will continue to do so. Sometimes a resolution may come sooner, and sometimes later but I promise you we will continue with our efforts to fulfill the core objective of this support community-upon which it was built and it stands.

BR
Hassan




I just took a stroll over to LamdaEc (https://www.lamdaec.com/services.html):


Our Services

https://www.lamdaec.com/images/2page-img1.jpg Whether your industry is considered low or high risk we can provide merchant accounts at rates and terms that work for you!



Gee, I wonder if ZR is considered low risk, or high?

And last week we had:


https://d37wxxhohlp07s.cloudfront.net/public/uploaded_images/9540259/Pink%20House%20002_medium.jpg (http://zeeksupport.zeekrewards.com/people/janet_louise_mann)
https://d2omfglnd8fp1f.cloudfront.net/assets/emoticons/silly-853db00f40d342436331fe80f7675c5a.png

Jan (http://zeeksupport.zeekrewards.com/people/janet_louise_mann) 8 days ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/who_is_lucky_star_designs#topic_4087856)
'Lucky Star Designs" ?




Still trying to get an answer to this. After asking my bank to reasearch a questionable $10 debit to my account on 6/12 labeled 'Lucky Star Designs', they informed me it was from Zeek. I've since learned that Zeek contracted with Lucky Star Designs to receive our subscription payments....so then I guess my real question is why they didn't let us know that up front. Would have saved me the hassle with my bank.
2 people have
this question +1 (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/who_is_lucky_star_designs/me_toos) follow (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/who_is_lucky_star_designs/notifiers)







Reply (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/who_is_lucky_star_designs#)




https://d37wxxhohlp07s.cloudfront.net/public/uploaded_images/9520373/Lina_Buddie_100x100_medium.jpg (http://zeeksupport.zeekrewards.com/people/kreations_4171100) https://d2omfglnd8fp1f.cloudfront.net/assets/emoticons/silly-853db00f40d342436331fe80f7675c5a.png I’m unsure

Kathy Hanes (http://zeeksupport.zeekrewards.com/people/kreations_4171100) 8 days ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/who_is_lucky_star_designs#reply_9189682)
From what account was this debit taken... personal account, or 1 of the E-wallets?
I have not personally heard the name "Lucky Star Designs'". They weren't authorized to make that transaction... can't your bank do a fraud investigation on this?

I know my bank watches our accounts like hawks... the least questionable transaction and they are all over it.

This is how the subscription payment was labeled in my account:
ZeekRewards xxx-xxxxxx 0x/0xZeekRewar. No question as to made the transaction.

I did a quick search and came up zero.
Comment (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/who_is_lucky_star_designs/replies/9189682)
good answer! (http://zeeksupport.zeekrewards.com/stars)
https://d37wxxhohlp07s.cloudfront.net/public/uploaded_images/9540259/Pink%20House%20002_medium.jpg (http://zeeksupport.zeekrewards.com/people/janet_louise_mann)
Jan (http://zeeksupport.zeekrewards.com/people/janet_louise_mann) 8 days ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/who_is_lucky_star_designs#reply_9189893)
Sounds to me like your right hand doesn't know what your left is doing.

Teddy with the chat line told my sponsor's sponsor that Lucky Star Designs is a credit card collection company that Zeek sometimes uses.
Comment (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/who_is_lucky_star_designs/replies/9189893)



The sad thing is there's a very nice lady in Texas (well, two I can think of) who owns a photography and graphic design company with a very similar name who was flooded with calls from ZR affiliates asking why she billed their cards. She didn't but for some reason ZR has to hide who really does their money handling so they let that poor lady deal with the mess instead of admitting they have a problem.


And a late edit to avoid a triple post.

Troy just made a blog post addressing some of the issues I have with him. I'm impressed. [Link] (http://mlmhelpdesk.com/troy-dooly-comes-clean-on-his-position-with-unique-bid-auction-companies-zeek-rewards-bidify-and-dubli/)


http://youtu.be/kpOv3McqgJc

It takes a big person to admit a mistake. Thank you Troy.

kschang
06-24-2012, 06:53 PM
The problem is he's STILL stuck on the WRONG issue.

Nobody is questioning whether the penny auction model is illegal or not. We are ASKING Troy to evaluate the COMP PLAN OF ZeekRewards, NOT the penny auction model itself. It is as if he turned a blind eye to that issue.

Mitch McDeere
06-24-2012, 07:03 PM
What about the narrative told to affiliates and echoed by Troy that the banking moves were a positive thing for Zeek and that it was a sign of phenomenal growth?

Sounds more like Zeek is being relegated to the bottom feeder, high-risk payment processors that have multiple third-party contracts and shuffle charges to different merchants to skate around anti-fraud protections by credit card companies. A few people on BehindMLM have commented how common this is with the gambling industry.

GlimDropper
06-24-2012, 07:07 PM
The problem is he's STILL stuck on the WRONG issue.

Nobody is questioning whether the penny auction model is illegal or not. We are ASKING Troy to evaluate the COMP PLAN OF ZeekRewards, NOT the penny auction model itself. It is as if he turned a blind eye to that issue.

Very true sir. But baby steps Kasey, baby steps. ;)

Mitch McDeere
06-24-2012, 07:11 PM
On the Troy Dooly video, very commendable that he put everything on the table.

I do think there is a huge gaping hole in his analysis & approach to Zeek Rewards which is he is focusing only on the "unique bid auction / compensation plan" aspect and is ignoring the realities that:

1. This is an investment and Zeek is an unregistered security. Regardless of the retail side of the business (penny auction or otherwise), the cosmetic changes and compliance overlay still do not change the fundamental business model which is an investment.

2. Irregardless of the question around investments or the legality of unique bid auctions (i.e. whether it is a lottery or not), Zeek Rewards is a Ponzi. It is a Ponzi because the retail volume is so insignificant relative to the money affiliates put in. The retail revenue Zeek does receive is primarily driven by affiliates setting up their own customer accounts in order to get VIP point matching.

If Zeek truly had retail revenue and truly wanted to be compliant, they would simply A) get rid of matching VIP points for retail penny auction bid purchases, and B) require email validation of the "fake/free" customers to greatly eliminate the complete fraud that was occurring with the 5cc and that is occurring today with third party customer providers, who are also affiliates and making a nice tidy sum off other affiliates too lazy to place their own ineffective, spammy daily ad.

kschang
06-24-2012, 07:54 PM
I left a long-winded comment. We'll see if he approves and replies to it later. I know several other comments have been approved (including yours, Glim) so he seems to be reading stuff tonight.

kschang
06-25-2012, 01:33 AM
Got the reply... partial dodge. We don't really disagree, but I'm not sure he's seeing the problematic aspects. He's dealing with this like it's an MLM, not a potential Ponzi.

Whip
06-25-2012, 09:13 AM
He'll never come clean. He never really did when he got caught shilling the buzzirk crap for his friend. He blew it off as just being loyal to a friend. He has proven what he does is a joke. Another clem wannabe

Mitch McDeere
06-25-2012, 10:13 AM
Got the reply... partial dodge. We don't really disagree, but I'm not sure he's seeing the problematic aspects. He's dealing with this like it's an MLM, not a potential Ponzi.

His position now is really the same as his position when he started replying on BehindMLM. He basically said "we don't disagree that much, I'm just not ready to call it a scam".

The issue with Troy is no matter how you want to parse this pro-distributor, pro-industry, pro-Christian, pro-American values speeches, he is rarely critical and at best is just neutral for any company. That may be fine for more complex businesses but Zeek is an obvious Ponzi if Tory is willing to do some basic analysis around the business model and revenue numbers. It just doesn't make sense when you have countless affiliate after affiliate saying they have hundreds of customers for dumping bids and not a single retail customer. How is that remotely sustainable and not a Ponzi?

kschang
06-25-2012, 10:54 AM
In his reply to my comment, he implied that new companies should be given a "grace period" where they are recruiting affiliates instead of customers, and it's okay if they appear to be more pyramid or Ponzi than legal during that time. Unfortunately, he never explained the logic of that stance, how long is that grace period, or how far off track can they go.

littleroundman
06-25-2012, 11:09 AM
In his reply to my comment, he implied that new companies should be given a "grace period" where they are recruiting affiliates instead of customers, and it's okay if they appear to be more pyramid or Ponzi than legal during that time. Unfortunately, he never explained the logic of that stance, how long is that grace period, or how far off track can they go.

I've long believed it is more appropriate to use the phrase "endless chain recruiting" in preference to either "ponzi" or "pyramid" when discussing programs such as Zeek.

There is no "grace period" when endless chain recruiting is both possible and permissible in any business, startup or otherwise.

Mitch McDeere
06-25-2012, 02:20 PM
In his reply to my comment, he implied that new companies should be given a "grace period" where they are recruiting affiliates instead of customers, and it's okay if they appear to be more pyramid or Ponzi than legal during that time. Unfortunately, he never explained the logic of that stance, how long is that grace period, or how far off track can they go.
I can see the argument for a grace period for a more traditional MLM with autoship product or service, where the money paid to distributors is from SALES.

With Zeek, there is the entire investment aspect that completely changes the scope of a "grace period". Zeek accumulates huge virtual point liabilities even if they claim they that it's not guaranteed and that they could drop the rate to a negative ROI at any time, the net effect of such a move is to collapose the entire company and all affiliates switch to 100% withdrawal to recover pennies on their remaining virtual points.

Troy is either viewing the entire analysis through the prism of a product-based MLM that pays commissions on sales, or he's purposefully being obtuse about this so as not to cast Zeek in a negative light.

GlimDropper
06-25-2012, 06:27 PM
The rabbit hole is getting deeper:


Troy Dooly June 25, 2012 at 7:58 am # (http://mlmhelpdesk.com/troy-dooly-comes-clean-on-his-position-with-unique-bid-auction-companies-zeek-rewards-bidify-and-dubli/#comment-59638)
http://0.gravatar.com/avatar/0d56c7de7aca01e82f09f13d6b7b8537?s=40&d=&r=PG

@Alex,
As always thanks for your continued support.
I agree that we need the critics. They hold me accountable, and give me additional information to review and think about.


You are correct that there are items I can’t share publicly due to the NDA I agreed to sign with Paul Burks. Although, not every CEO and Founder asks for one Paul did based on his own life experiences.


I respect his position, and it is not really any different from any CEO and founder I communicate with.
And, you are right, we can’t please everyone all the time… So I do my best to just make sure I do not violate my principles or the trust of others.

Living An Epic Adventure,
Troy
Reply (http://mlmhelpdesk.com/troy-dooly-comes-clean-on-his-position-with-unique-bid-auction-companies-zeek-rewards-bidify-and-dubli/?replytocom=59638#respond)


GlimDropper (http://realscam.com) June 25, 2012 at 7:22 pm # (http://mlmhelpdesk.com/troy-dooly-comes-clean-on-his-position-with-unique-bid-auction-companies-zeek-rewards-bidify-and-dubli/#comment-59665)
http://0.gravatar.com/avatar/2adfc2ba4e9018ba19f5d79e2243ecb1?s=40&d=&r=PG

Hello again Troy,

You have a NDA with Paul? I am surprised to say the least. I understand now that Paul has told you or exposed you to information which you are contractually obligated not to reveal to Zeek Rewards affiliates or anyone else for that matter.


I would not insult you with asking what sorts of secrets you’re hiding for him but as I understand it a legal contract has three elements. They can loosely be described as an offer, acceptance of that offer and consideration (exchange of value). What of value did Paul exchange for your agreement to this contract?


Your comment is awaiting moderation.


Bolding mine.

I'm sure Troy will publish my comment and I really hope he answers the question.

I'm getting a bad feeling here.

Mitch McDeere
06-25-2012, 07:18 PM
As Oz pointed out:

Troy Dooly, April 21st 2012:


[61:20] Jimmy here’s the thing, I go under a non-disclosure with a boatload of companies. This, this man (Zeek Rewards CEO Paul Burks) does business the way you and I do business. I shook his hand, I made him a promise and he opened up his heart to me and told his team “just tell him what he needs to know. Whatever it is he says, whatever it is he asks for. Just, just say it and, and I trust him.


Troy Dooly, June 25th 2012:


There are items I can’t share publicly due to the NDA I agreed to sign with Paul Burks. Although, not every CEO and Founder asks for one Paul did based on his own life experiences.


Oz wrote:



I wonder at what point in the last two months was the shaking of hands and Dooly’s promise to Burks deemed not enough. And why.

littleroundman
06-25-2012, 07:20 PM
So I do my best to just make sure I do not violate my principles or the trust of others.

As they say, sometimes your best just isn't good enough.

GlimDropper
06-25-2012, 09:44 PM
I'm just posting an update on my exchange with Troy:


Troy Dooly June 25, 2012 at 8:15 pm # (http://mlmhelpdesk.com/troy-dooly-comes-clean-on-his-position-with-unique-bid-auction-companies-zeek-rewards-bidify-and-dubli/#comment-59667)
http://0.gravatar.com/avatar/0d56c7de7aca01e82f09f13d6b7b8537?s=40&d=&r=PG

@GlimDropper,

http://mlmhelpdesk.com/wp-includes/images/smilies/icon_smile.gif This is not new information. I have been very clear since my first Red Carpet Day that I was provided confidential information, and some information that I promised I would not share until Zeek published it. As you and I know this is a common business practice, not just something exclusive to Zeek.


However, my willingness to maintain confidentially doesn’t mean I not reveal any information that, if kept private would hard the distributors. As a matter of fact, it I did such a thing, I could be held criminally or civilly liable. Heck, even if I had only given my word, and never signed anything I could be held liable.


I guess you could view some things as secrets. But, why not call them secrets before I shared the fact I have an NDA? thinks like the qualifiers, which I have written about right here, and made it clear I could not reveal the details, until Zeek publishes them.


Not sure how we moved from Non Disclosure Agreement to a contract. But, I can gladly answer your question as it concerns the non Disclosure Statement.


1. Offer from Paul Burks – To answer any and all questions I ask of him or his team if I would agree to sign a Non Disclosure Statement.


2. Acceptance – I gladly agreed to sign an NDA based on Paul Burks offer.


3. Consideration – Trust, Respect and Open Communication.
Well, and I do get some pretty good lunches at the Village Grill when I visit the home office.


Living An Epic Adventure,
Troy



GlimDropper (http://realscam.com) June 25, 2012 at 8:46 pm # (http://mlmhelpdesk.com/troy-dooly-comes-clean-on-his-position-with-unique-bid-auction-companies-zeek-rewards-bidify-and-dubli/#comment-59668)
http://0.gravatar.com/avatar/2adfc2ba4e9018ba19f5d79e2243ecb1?s=40&d=&r=PG

“.,… Not sure how we moved from Non Disclosure Agreement to a contract…,.”

A NDA, at least a formal one is a legal contract.

I’ve agreed not to divulge certain things at least within a certain time frame many times. Sometimes people reach out to me with information on a topic I’m interested in but, for example if I revealed it carelessly or prematurely it might in some way jeopardize the person sharing the info with me. But that isn’t a formal legal contract, i honor each of those agreements because I value the trust people have invested in me.

Would it be accurate to say your NDA with Paul only affects forward going issues? You don’t reveal what you may have been told about ZR’s upcoming compliance strategy until they do for example?

Can you state for the record that if you were aware of any irregularities in the program or of any issues which might negatively impact the Zeek Rewards affiliates you are in no way being inhibited from reporting on them?

If the above is true then allow me to apologize for the tone of my previous post. But I’m not sorry for asking about it.



Troy Dooly June 25, 2012 at 10:03 pm # (http://mlmhelpdesk.com/troy-dooly-comes-clean-on-his-position-with-unique-bid-auction-companies-zeek-rewards-bidify-and-dubli/#comment-59672)
http://0.gravatar.com/avatar/0d56c7de7aca01e82f09f13d6b7b8537?s=40&d=&r=PG

@GlimDropper,

I agree it would be seen as a legally binding contract.

From my point of view, “my word given” is as much a formal contract as my signature. And based on the fact I have said that publicly it should hold up in a court of law.

Ethics are ethics, plain and simple from my point of view. I live by a pretty simplistic set of standards. I do my best to always treat folks the way I would want to be treated. And when I fall short, I fix it as fast as I can.

My NDA really doesn’t involve any issues backwards or forward with the company. It covers proprietary information such as software, vender relationships, etc. and includes clauses on using or selling this information for my personal gain.

It doesn’t cover not talking about compliance strategies at all. If you are referring revealing the upcoming qualifiers, that is a verbal request that I said I would abide by.

I can also state for the record that if I were aware of any irregularities in the program or any issues which might negatively impact the Zeek rewards affiliates that I am in now way contractual inhibited in reporting on them.

I would never enter into any form of a contract that would STOP me from advocating for distributors and sharing with the public any issue which should be disclosed so current affiliates or prospective affiliates can do their complete due diligence.

There is no need to apologize, I am pretty sure I would have responded just as you did, if I were in your shoes.

Living An Epic Adventure,
Troy

Whip
06-25-2012, 11:01 PM
Just an absolute lie.

littleroundman
06-26-2012, 12:03 AM
You really do have to hand it to Mr Dooly, he knows his target market only too well.

Heaven forbid he should get into a discussion about why Zeek rewards is the only MLM/penny auction/description du jour which can offer the kind of returns being promised.

Still, it's his reputation, he can do what he will with it.

The pseudo MLM crowd will still be lapping up his prognostications after Zeek goes belly up, just as they have done with every other "next big thing" he's promot......err....reviewed.

The singer may change, but the song remains the same.

GlimDropper
06-26-2012, 12:40 AM
Huge thanks to Jimmy over at Oz's place for bringing the following to light.

Today's ZR training call. (http://www.zeekrewards.com/CC/zTrainingCalll20120625.mp3)

At a bit after the one minute mark Dawn explains that one of their eWallet systems, nxPay can not be made to pay out affiliates until enough money has been deposited into it by the affiliates to cover the payout. This is a point she returns to after the 30 minute mark.

Oz is working on an update at his Behind MLM site (http://behindmlm.com) and it should be posted presently.

And confirmation from the ZR Support site:




https://d37wxxhohlp07s.cloudfront.net/public/uploaded_images/8274271/70757_100000561829511_811322_n_medium.jpg (http://zeeksupport.zeekrewards.com/people/jameswood_2816102)
James Wood (http://zeeksupport.zeekrewards.com/people/jameswood_2816102) 3 hours ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/nxpay_gone_for_good_or#reply_9276574)
this whole nxpay situation makes zero sense to me. As per tonight's call, Dawn is saying that comissions can't come out of nxpay unless enough bids are purchased through nxpay? So is she actually trying to say that Zeek cannot send funds to nxpay to pay affiliates their comissions? How is this possible?
I am listening to the 'recorded statement from Dawn' right now, and I am very confused about this.
I am not sure how she can possibly say that Zeek cannot send money to nxpay to pay members.
Comment (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/nxpay_gone_for_good_or/replies/9276574)
good answer! (http://zeeksupport.zeekrewards.com/stars)
https://d37wxxhohlp07s.cloudfront.net/public/uploaded_images/9190120/274964_100000223128095_1507479746_n_medium.jpg (http://zeeksupport.zeekrewards.com/people/jenniferblandy)
Jennifer Blandy (http://zeeksupport.zeekrewards.com/people/jenniferblandy) 3 hours ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/nxpay_gone_for_good_or#reply_9276594)
was this on the QnA call or the 930 call???
Comment (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/nxpay_gone_for_good_or/replies/9276594)
good answer! (http://zeeksupport.zeekrewards.com/stars)
http://getsatisfaction.com/assets/user_default_medium.png (http://zeeksupport.zeekrewards.com/people/jmw_4129143)
Mark (http://zeeksupport.zeekrewards.com/people/jmw_4129143) 3 hours ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/nxpay_gone_for_good_or#reply_9276600)
James,

That sounds really weird. I need to go and listen to that call. I can't imagine her saying something like that. But if she did, hopefully a correction will be coming out.

Being able to receive payments through NxPay should have nothing to do with how many bids we buy through NxPay.



I agree with Mark.

Further confirmation from about the 4 minute mark at this link. (http://www.youtube.com/watch?v=FcuU7M7B7Us&feature=youtu.be)

I will be most interested to hear Mr. Dooly's opinion of this situation, I know for a fact someone's told him about it. ;)

littleroundman
06-26-2012, 12:47 AM
Now we get to the pointy end of the Zeek saga where we find out who knew it was a HYIP ponzi all along and who thought it was a real business.

Mitch McDeere
06-26-2012, 01:13 AM
Wow, what a major tactical blunder by Dawn and Zeek to explain the eWallet in such blatant Ponzi terms.

This will embolden Zeek's critics, push those trapped in it who have been reading sites like this who are on the fence into the critic camp, and more importantly, push many affiliates to increase their withdrawal %. If Zeek has a cash flow problem now, wait until investors start withdrawing money!

If you put any other business that is not a Ponzi in the exact same situation, they would just revert back to paying checks. The entire "growing exponentially" excuse making paying by check untenable is hogwash. Any business with that massive of a growth spurt, meaning tons of new revenue/affiliates/customers, would gladly hire the extra temp staff and pay the accounting fees for e-payroll companies to create checks. All you have to do is give the payroll companies a file with amount, payee, and address and they handle it all automatically. It's called paycheck & mail automation.... we've had it since about 1989.

GlimDropper
06-26-2012, 01:25 AM
Well said Mitch.

I joined ZR a few days back just to read the support forum and listen to the calls. The person who's link I joined with is a prominent poster over on MoneyMakerGroup. We've exchanged a few e-mail's and they are draining their account as fast as they can. And putting some of their profits into bidify, credit where it's due, they know when to jump a sinking ship. This isn't their first trip to this type of rodeo but I feel bad for the ZR true believers, they'll get fleeced.

Mitch McDeere
06-26-2012, 01:37 AM
Well said Mitch.

I joined ZR a few days back just to read the support forum and listen to the calls. The person who's link I joined with is a prominent poster over on MoneyMakerGroup. We've exchanged a few e-mail's and they are draining their account as fast as they can. And putting some of their profits into bidify, credit where it's due, they know when to jump a sinking ship. This isn't their first trip to this type of rodeo but I feel bad for the ZR true believers, they'll get fleeced.

If the situation is as bad s it looks just with the two Zeek calls today and people on support forum getting slow-paid, it may be difficult for existing Zeek affiliates to get all their money out. You have two variables: how much money Zeek has and when they will pay, and the daily profit share which may decline if affiliates start changing their reinvestment % en masse.

I think you need to have your withdrawals already in queue and hopefully those will be honored. I couldn't imagine the anxiety of those needing to wait 90 days + Zeek 2-week withdrawal window + Zeek 1-2 week delay + eWallet payment that may or may not happen depending on your eWallet.

Now is the perfect time to setup an eWallet conversion service. "I take SolidTrustPay, AlertPay, and NxPay... send me your money and I will pay you in CASH via PayPal the same day. Cost of conversion is 20% fee."

littleroundman
06-26-2012, 02:00 AM
And putting some of their profits into bidify, credit where it's due, they know when to jump a sinking ship.

This is the bit I really dislike.

There's some really genuine people about to have a really nasty and painful experience.

kschang
06-26-2012, 02:01 AM
Now, now, Mitch... that's usury. :D But I was about to say 50% fee. :D

GlimDropper
06-26-2012, 02:07 AM
The natives are getting restless:




https://d37wxxhohlp07s.cloudfront.net/public/uploaded_images/9537038/180873_10150110464111545_3323469_n_medium.jpg EMPLOYEE (http://zeeksupport.zeekrewards.com/people/energysaver_4301381)
Jason Woodbury (http://zeeksupport.zeekrewards.com/people/energysaver_4301381) (Moderator) 1 hour ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/nxpay_gone_for_good_or#reply_9277973)
Before everybody starts thinking that the sky is falling, just take step back....We are trying to nitpick a little bit too much right at this second, without having anybody that can actually explain it. "If you don't know all the variables, any conclusion you draw is probably wrong"
Let's get a little better explanation before we start drawing too many conclusions.

First of all she said that the other e-wallets are going to be working normally now. Correct? That means that you CAN still get paid. I am not a programmer, and I am not nearly as experienced with some of this stuff as other people on here. I get that.
She says the API has been put in place (whatever that means) and that the STP payments should be much quicker now that it has been changed. Didn't anybody else hear that?
instead of talking about all of the GREAT news, we start a whirlwind of other ideas. yes, it needs explained. Absolutely. No doubt about that. 10 good things on the call, and 1 vaguely, possibly negative (but we don't even really know), and the 1 possible negative thing is what everybody focuses on. Can we give Zeek the benefit of the doubt at least until we can hear a clarification on it?
Thanks,

Jason
Comment (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/nxpay_gone_for_good_or/replies/9277973)
good answer! (http://zeeksupport.zeekrewards.com/stars)
http://getsatisfaction.com/assets/user_default_medium.png (http://zeeksupport.zeekrewards.com/people/jmw_4129143)
Mark (http://zeeksupport.zeekrewards.com/people/jmw_4129143) 1 hour ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/nxpay_gone_for_good_or#reply_9278002)
Jason,

API is Application Program Interface. Cleaning that up doesn't mean the what once took a week will now take an hour. It was another poor explanation of why STP had been slow and taking over a week for people to receive their funds. It doesn't fly either. So it's not good news the way it was explained. It cast even more doubt on what she was saying in general. Perhaps it is simply she shouldn't be talking about such things because she doesn't know what the heck she is saying. That's probably the least sinister explanation there is for what she said on the call concerning NxPay and concerning the API changes speeding up the STP payments.
Comment (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/nxpay_gone_for_good_or/replies/9278002)
good answer! (http://zeeksupport.zeekrewards.com/stars)
http://getsatisfaction.com/assets/user_default_medium.png (http://zeeksupport.zeekrewards.com/people/zeek_master)
Zeek Master (http://zeeksupport.zeekrewards.com/people/zeek_master) 41 minutes ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/nxpay_gone_for_good_or#reply_9278032)
Jason - it is "negative" because it contradicts everything we've been told to date. Zeek did a massive push to get us all into NxPay. Every affiliate assumes that the "going paperless" and moving away from checks would make using ANY eWallet simple but it has been anythign but. Every affiliate assumes that if Zeek needs to pay us, Zeek just wires money from Zeek's bank to the eWallet. But Dawn directly contradicted these basic, fundamental assumptions. That's why you are seeing all this.... umm, excitement.

And it probably doesn't help that some of us are still waiting for our 6/18 payment, with 6/25 here today and who knows how long that delay will be.
Comment (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/nxpay_gone_for_good_or/replies/9278032)
good answer! (http://zeeksupport.zeekrewards.com/stars)
http://getsatisfaction.com/assets/user_default_medium.png (http://zeeksupport.zeekrewards.com/people/rj_sherman)
Rj Sherman (http://zeeksupport.zeekrewards.com/people/rj_sherman) 24 minutes ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/nxpay_gone_for_good_or#reply_9278112)
I just want to be Paid On time!!!!!!!!!!!!!!
Comment (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/nxpay_gone_for_good_or/replies/9278112)
good answer! (http://zeeksupport.zeekrewards.com/stars)
https://d37wxxhohlp07s.cloudfront.net/public/uploaded_images/9190120/274964_100000223128095_1507479746_n_medium.jpg (http://zeeksupport.zeekrewards.com/people/jenniferblandy)
Jennifer Blandy (http://zeeksupport.zeekrewards.com/people/jenniferblandy) 18 minutes ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/nxpay_gone_for_good_or#reply_9278131)
Its not the sky is falling...its 2+2 isnt equaling 4. We just want a clear reason. We are perfectly capable of waiting on growth pains if th reasons are legit. Maybe someone else just needs to explain. We are here on a private forum for that reason. All the positive things she said about STP are juzt words when people are waiting on money. There are people who have quit their jobs because of zeek.....this is serious business.

littleroundman
06-26-2012, 02:17 AM
There are people who have quit their jobs because of zeek.....this is serious business.

Exactly the same as when ADSurf Daily and a squillion other HYIP ponzis collapsed.

Despite what ANYONE says, there ARE genuine people whose lives are about to be wrecked.

kschang
06-26-2012, 02:29 AM
ZeekRewards COO caught in major blunder on how eWallets work:

Following is an exact quote (except the "uhs" and "okay") from the June 5th leadership call, starting at about the 3:30 mark



When you take out your wallet out of your purse or your backpocket whatever money you have, you personally put in there, is the only money you have you can use to pay for your groceries with. You may have some cards in there, you may have some checks in there, but if we are taking about cash, which is how an eWallet works, whatever you guys would use, to go ahead make purchases from us with, is what's in the eWallet, is what we can turn around and pay payroll with. It's not a depositing bank account.


However, this explanation DIRECTLY CONTRADICTS what NXSystems says on their website:



Your company establishes an NxPay® account whereby you deposit your payroll / commissions funds (by check, wire transfer or ACH). Then each of your independent representatives establishes an NxPay® account as well. Once all of the accounts have been set-up, your company creates a spreadsheet (within your NxPay® account) that tells NxPay® how you want to distribute the funds deposited.

Direct Marketing / Multi Level Marketing | NXSYSTEMS (http://www.nxsystemsinc.com/direct-marketing-multi-level-marketing/)

You *do* deposit funds to eWallet provider and distributes them to people you want to pay, who also have eWallet accounts with the same provider. Everybody works this way, including AlertPay, SolidTrust Pay, Payza, Liberty Reserve, even PayPal, the granddaddy of them all.

So either Dawn Wright-Olivares is crazy and left a recording explaining absolutely bullsh__, or she lied. You decided which one. Either way, she's ABSOLUTELY COMPLETELY WRONG about how eWallet works.

Mitch McDeere
06-26-2012, 02:31 AM
Exactly the same as when ADSurf Daily and a squillion other HYIP ponzis collapsed.

Despite what ANYONE says, there ARE genuine people whose lives are about to be wrecked.

Excellent point and we would hope Troy Dooly would can do a special on the dangers of HYIP's. I read on other forums about people buying new cars and homes, taking on debt expecting their Zeek income to last forever with this grand new business. One Zeek affiliate wrote today in the forum how great Zeek is because her daughter can now go to Bible college. It would suck to run out of money after the first semester of Bible college. Even those who aren't hit financially, there are a ton of reputations that will be ruined.

From Troy's perspective, he should realize how damaging this will be to the MLM industry. The magic of Zeek is that it took a clever HYIP and marketed it to MLM'ers who then brought in their downline sheep to be fleeced. The social proof was amazing. The magic of solving the problem of 97% of the people losing money was found and no one but the critics asked "where is the money coming from?". At least in the HYIP world you are dealing with folks who are accustomed to shenanigans and are essentially just gambling.

littleroundman
06-26-2012, 02:41 AM
At least in the HYIP world you are dealing with folks who are accustomed to shenanigans and are essentially just gambling.

Too true.

You can bet your bottom dollar there won't be a single regular HYIP player who losses a cent when the end comes.

I can't imagine there'll be too many MLM gurus with the initials TD but who will remain nameless will go short in the fodder department because of what is about to happen.

The only question remaining is "bang or whimper"

crushmy
06-26-2012, 02:46 AM
Please remove the real names and facebook images of the private forum users you are copying and pasting to this thread. You have not obtained permission to disclose usernames or images from these people. At least behindmlm has the courtesy to not include this in their copying and pasting these forum posts.
thank you

GlimDropper
06-26-2012, 02:51 AM
One of the more poignant ponzi fallout stories I recall was of a lady in Florida who after a whirlwind romance with a guy who turned out to be a ponzi scammer lost about everything she owned to clawbacks (and not Dawn's kind of clawbacks). It's hard to say how much of her actions were being foolish verses how culpable she was but as part of the courting process Mr. Ponzi scammer was trying to impress her with how wealthy and successful he was. She owned a home and a luxury car but was still making payments on both, he swept in and used money from his scheme to pay those off for her.

Less than six months after they met they were married and all her debts were paid and his bubble burst. When the authorities stepped in to seize his assets they also took everything she owned as well because most of the money used to pay for her things were the proceeds of his crime. She lost her home, her car, much of her savings and her husband. All because she unwittingly married a criminal.

The only upside is that the victim restitution fund was better financed than it might otherwise have been if he'd spent it all on hookers and blow.

kschang
06-26-2012, 02:52 AM
Good point. We can leave the employees in, but leave the affiliate names out may be a good idea.

In the future, I suggest posting image with sections blurred, include text later with sections "[redacted]"

littleroundman
06-26-2012, 03:17 AM
One of the more poignant ponzi fallout stories I recall was of a lady in Florida who after a whirlwind romance with a guy who turned out to be a ponzi scammer lost about everything she owned to clawbacks (and not Dawn's kind of clawbacks). It's hard to say how much of her actions were being foolish verses how culpable she was but as part of the courting process Mr. Ponzi scammer was trying to impress her with how wealthy and successful he was. She owned a home and a luxury car but was still making payments on both, he swept in and used money from his scheme to pay those off for her.

Less than six months after they met they were married and all her debts were paid and his bubble burst. When the authorities stepped in to seize his assets they also took everything she owned as well because most of the money used to pay for her things were the proceeds of his crime. She lost her home, her car, much of her savings and her husband. All because she unwittingly married a criminal.

The only upside is that the victim restitution fund was better financed than it might otherwise have been if he'd spent it all on hookers and blow.

My first exposure to a big time victim was a recently divorced woman with 2 teenaged children.

She became involved with Reality Millions and one of its' pimps, who subsequently romanced her and convinced her he would marry her, then got her involved with the YMMS ponzi.

She closed her business and enrolled in an alternative healing course in preparation for her "new life" then lost $80,000 she got in her divorce settlement and the $50,000 in each of her childrens' divorce related trust accounts when both HYIPs went belly up in quick succession and was then left destitute.

EagleOne
06-26-2012, 04:30 AM
Please remove the real names and facebook images of the private forum users you are copying and pasting to this thread. You have not obtained permission to disclose usernames or images from these people. At least behindmlm has the courtesy to not include this in their copying and pasting these forum posts.
thank you

I must ask why you feel this is an issue? They use their names and pictures to promote Zeek, and are proud of it. They have their names and pictures on Facebook. Therefore this information is in the public domain.

Your concern has been duly noted, and I will leave it to the senior mods/admins to determine if they should be removed or not.

littleroundman
06-26-2012, 04:55 AM
If you are using Firefox, right click on the image/s which you find offensive and then click on "Open link in new tab"

The information is public, and I fail to see why there is any expectation of privacy.

Soapboxmom
06-26-2012, 07:16 AM
Please remove the real names and facebook images of the private forum users you are copying and pasting to this thread. You have not obtained permission to disclose usernames or images from these people. At least behindmlm has the courtesy to not include this in their copying and pasting these forum posts.
thank you
I understand your concern, but these folks have made themselves and their business activities (such as they are) public. Numerous places grab Facebook and Titter feed as well.

Many folks in questionable deals are also going to dozens of other similar sites where they can post pages with all that same information and it is again completely public. Try a Google search and you will see those usernames and pictures from Facebook and wherever else someone posted pop up unless they have personally blocked you.

Hopefully, your post will alert some people to be more careful what they choose to make public and encourage them to check out the things they get involved in more carefully. Public on the internet is exactly that I am afraid.

Soapboxmom

GlimDropper
06-26-2012, 09:34 AM
I’m fairly astounded that Dawn was so incautious as to admit this, more than once and in more than one place. I’m looking forward to her retraction and it’s going to be a doozy.


One thing I’ve had to give grudging respect to her and Paul about is how good they’ve been at crafting their excuses. I get it, they understand that their target market isn’t people who read forums like this one, it’s people who read blogs like Troy’s. Of course we see things differently than they do, what we see as huge red flags can be hand waved off as “growing pains” to people who haven’t seen this all before, far too many times.


But Dawn needs to come up with a whopper of an explanation and in a big damn hurry. She admitted and in no uncertain terms that Zeek Rewards buisness model is out of compliance with the laws of mathematics. And it’s no longer only folks like us who recognize it, the members are starting to catch on too.

(And folks, archive the calls from last night. They may not be available from their original sources for very long.)

kschang
06-26-2012, 11:12 AM
(And folks, archive the calls from last night. They may not be available from their original sources for very long.)

I already downloaded and re-uploaded a copy to Youtube. I'm keeping it private for now. If the original disappears I'll reveal it.

GlimDropper
06-26-2012, 05:32 PM
Dawn (finally) replies. I'm just glad I didn't order a single with cheese from Wendy's:




ZeekRewards News (http://zeekrewardsnews.com/category/zeekrewards-news/)



ZeeBates, All-Inclusives & Updates!! (http://zeekrewardsnews.com/2012/06/zeebates-all-inclusives-updates/)



June 26, 2012 5:42 pm
admin (http://zeekrewardsnews.com/author/admin/)
3 Comments (http://zeekrewardsnews.com/2012/06/zeebates-all-inclusives-updates/#comments)

Hello Fine People…Dawn Here. What follows are a few updates and clarification of my eWallet explanation last night:
It has come to my attention that I must clarify my explanation about the NxPay eWallet (and any eWallet associated with Zeek) Let me try this again in writing with more detail because it seems to have created some confusion.
Zeek is HEALTHY, DEBT-FREE and ROCK SOLID. We have our new banking relationships. We have three happy, healthy, functioning and integrated eWallets and are working on a fourth one with strong global payroll options that will pay your commissions direct into any Visa/MC debit card worldwide.
We have a BOOMING and HEALTHY business and it’s all because of you. Thank you. As Peter and I were explaining last night – they simply don’t make tubes at the drive through window big enough for Zeek. Moving money from one eWallet to another…is not like driving up to the bank window and putting a check in a tube by any stretch of the imagination. Asking for NXPay commissions checks but purchasing your subscriptions and bids through AlertPay…is like driving up to Burger King® and asking for a Big Mac®. What’s amazing is…our trusted providers (even though they are in direct competition with eachother…ARE in discussions on how they can work together to give Zeek Affiliates what they are asking for. In order to make that happen…there are a lot of people and institutions involved and oodles of hoops to jump through. Everything is a process.
LET’S LOOK AT THE FACTS:
eWallet Defined: An eWallet (or digital wallet) is an empty container. What is in Zeek’s NxPay eWallet, AlertPay eWallet and STP eWallet are completely unrelated to each other. Using the above reference, they are Burger King®, McDonalds® and Wendys®. They all have burgers and fries yet each has something different to offer. So, Zeek integrated with them all so its affiliates could enjoy whichever one they preferred. They are NOT integrated with each other, however. Each of those independent eWallet balances…is directly associated with what is purchased through them as individual providers…by the affiliates of Zeek and what is requested OUT by the affiliates of Zeek. eWallets are not banks, they have banks just like companies do. There are a ton of hoops to jump through for companies to be approved to “deposit/wire” funds into each individual eWallet provider and HOW MUCH is definiately something that is limited by the banks associated with them. It was explained to me by the owner of an eWallet company whom we are in the process of building a new relationship with…that the model is built to ‘recycle money being spent by each company’s affiliates – to be paid back out to the affiliates in the form of payroll. That it’s not a “deposit account” at a bank.
I attempted to explain this last night using the analogy of the “lump of leather” we refer to as our own “wallet” in our purse or back pocket. We can want to go shopping and have plenty of money in the bank…but unless we take it out and put in into our “wallet” – there is no magical “spring fed” money geyser that makes the wallet full. Action must be taken to put money in it. In the term of the way our eWallet relationships exist (although Zeek is fully capable and willing to “deposit” into our eWallets…the preferred model of the banks behind those eWallets is…that what is being “spent” by customers and affiliates is what is IN their individual eWallet and that THOSE FUNDS are what (preferably) can then be paid back out of THAT eWallet in the form of payroll back out to the field. I simply suggested that affiliates who prefer a specific eWallet for their payroll, should convert their spending to using that eWallet for purchasing instead of using a different eWallet or credit cards for their purchasing. I apologize if my explanation last night made it more confusing. Continuing the analogy is like asking us to let you spend money at Burger King® and insisting you pick up your Big Mac® at Wendy’s®. Obviously it’s a lot of hoops each franchise must jump through so proper payment ends up where it belongs. Zeek must anticipate where the purchases are being made and where you are picking up your commissions and react. My suggestion was to limit be signed up for all, but use one for everything unless there is an issue.
None of this has ANY reflection on the health of our company. It was simply a training on what I was taught by the eWallet owner I have a new relationship with when I questioned why it wasn’t a simple matter of “deposit and pay payroll” when it came to the way eWallets do business. I hope that clarifies my explanation to the satisfaction of all.
Now…on to the updates:


ALL-INCLUSIVE ZEEK VIDEO MARKETING AND COMPLIANCE PACKAGE LAUNCH TARGET DATE JULY 1st 2012

We will be launching this incredible (long-awaited) power-packed video marketing and compliance package on or before July 1st!!
The Zeek video marketing system includes ALL of the incredible USHBB videos located at: www.YouGetPaidtoAdvertise.com (http://www.YouGetPaidtoAdvertise.com)
So, instead of paying $15/month PLUS $5-$10/year for the mandatory compliance course in order to market your Zeek business…the team came together and n annual fee of $29.99 within the next 2 weeks!! (Target date barring any unforeseen circumstances and getting EVERY AFFILIATE locked and loaded with the YouGetPaidtoAdvertise.com video marketing system and educated with the MLM Compliance Do’s & Don’ts Course.


FANTASTIC ZEEKLER ZEEBATES.COM (http://ZEEBATES.COM) CUSTOMER CASH-BACK INCENTIVE PROGRAM / RPP BOOSTER & CUSTOMER QUALIFIERS LAUNCH TARGET DATE JULY 1st 2012

We will be launching this money-making, savings and rebates customer shopping program around July 1st!!
Watch the RPP soar with this incredible customer acquisition program! (Think about it…every affiliate in Zeek…getting 2, 4, 6, 8 or 10 active shoppers per month shopping and everyone will see the power of collective advertising go to the next level!
This powerful ZeeBates RPP qualifier program is going to revolutionize your Zeek business! Just convert your friends and family’s already existing shopping behavior to shopping at the SAME places they already love online!! They just register through your Zeekler Zeebates portal instead of going direct and earn cashback on everything they buy from over 300 million products … at over 5,000 merchants.
This RPP booster will set our world-renowned comp plan on FIRE for all qualified ZR affiliates!!


STP Issues…Zeek Geeks Working

We are aware of the issue with STP purchasing (payOUTs are working just fine). The Zeek Geeks are working to resolve the issue with STP. We’ll let you know the second it’s resolved. Please use one of your other eWallets for purchasing until further notice.





The only way I see for her explanation to have any basis in truth is if Zeek Rewards does not have a relationship with any legitimate bank anywhere. Otherwise you could move funds from one payment processor when the balance exceeds expected payouts and move it to a real bank. Then when one eWallet get's a bit low for payout just transfer funds into it to make pay runs. Am I flawed in my thinking here?

Hey, new corporate motto for Zeek Rewards, "I'd gladly pay you Tuesday for a hamburger today."

I wonder if you can "claw back" a Big Mac?

kschang
06-26-2012, 06:30 PM
NxPay's hoops had been long jumped as they had been paying people with NxPay. The explanation about being pre-approved to distribute funds is "past tense". Bringing it up now only proves Dawn speaks bullsh__.

The mangled analogy is hilarious. Far better analogy is trying to redeem a McD gift card at BK. *THAT* is an eWallet. The problem is if you are *paid* via those gift cards then what's funding those gift cards, hmmm?? Where is Zeek banking from now?

Whip
06-26-2012, 07:20 PM
Dawn (finally) replies. I'm just glad I didn't order a single with cheese from Wendy's:



The only way I see for her explanation to have any basis in truth is if Zeek Rewards does not have a relationship with any legitimate bank anywhere. Otherwise you could move funds from one payment processor when the balance exceeds expected payouts and move it to a real bank. Then when one eWallet get's a bit low for payout just transfer funds into it to make pay runs. Am I flawed in my thinking here?

Hey, new corporate motto for Zeek Rewards, "I'd gladly pay you Tuesday for a hamburger today."

I wonder if you can "claw back" a Big Mac?

Well, this part is too:

Zeek is HEALTHY, DEBT-FREE

They aren't buying anything to sell so how could there be debt?

kschang
06-27-2012, 03:07 AM
They may be funneling money to their own wallets. Remember, HippieDiva and other heads at Zeek are funneling RPP into their own pockets.

(Heck, how do we know that she's having the same problems as all the other affiliates? )

Mitch McDeere
06-27-2012, 02:19 PM
Zeek is HEALTHY, DEBT-FREE
Of course they are. Their main cost is profit share against virtual points which have no intrinsic value. When you join, the terms say that this is not an investment and the daily profit share is not guaranteed. When the affiliates start withdrawing money en masse, Zeek just lowers the daily profit share to a point that everyone starts losing money, others than the ones that have been in the Ponzi the longest and have already made their money.

So in the end, the investment program collapses but Zeek can claim no financial liability unlike other HYIP's because of the clever conversion of currency (with discrete value) to virtual points (with no value, and can be subjectively diluted by Zeek at a whim).

They hope the compliance smoke screen and the complexity of the currency conversion to points will keep the regulators too confused to pursue.

GlimDropper
06-27-2012, 07:42 PM
I see Troy isn't displaying any native curiosity or natural skepticism over what he's being told by ZR corporate. I honestly and sincerely wish I could find that surprising. Oh well, time will tell. Paul and Dawn have a non disclosure agreement with Troy, but they don't have one with hindsight (but maybe Troy does).

I'm having the work week from hell so forgive me for substandard reportage, all you'll get from me tonight is one easily disprovable lie from Paul. Three days ago Paul posted this (http://zeekrewardsnews.com/2012/06/15-years-and-counting/) on the Zeek Rewards news site, from which I quote:



99.9% of all transactions on the site happen flawlessly. But when you have this many transactions going on, that .1% amounts to hundreds of little glitches. Our critics latch on to those and try to make it appear that we are a bunch of bumbling idiots, or even worse, that we are deliberately trying to hurt our affiliates! How crazy would THAT be??

And on today's zeek support forum we see this particular discussion topic:


https://d37wxxhohlp07s.cloudfront.net/public/uploaded_images/9546250/z_small.jpg (http://zeeksupport.zeekrewards.com/people/dj_4139831) https://d3rorgotota87b.cloudfront.net/assets/sprite_screen-e4ae3f34f9f27e80a63a55045c5d1015.png 62 (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/report_your_stp_missing_vip_bid_purchases_on_june_ 23rd_and_24th/me_toos?from=topic_list)


https://d3rorgotota87b.cloudfront.net/assets/sprite_screen-e4ae3f34f9f27e80a63a55045c5d1015.png Report your STP missing vip bid purchases starting June 23rd until today. (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/report_your_stp_missing_vip_bid_purchases_on_june_ 23rd_and_24th) DJ (http://zeeksupport.zeekrewards.com/people/dj_4139831) shared · 663 replies (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/report_your_stp_missing_vip_bid_purchases_on_june_ 23rd_and_24th) · Last reply 11 minutes ago by Marcos Paulo A (http://zeeksupport.zeekrewards.com/people/marcos_paulo_a)




OK, one thread, started four days ago about one single support issue regarding a single eWallet system yields 663 impassioned replies. Please note, not all English speaking affiliates know this forum exists and no affiliate who can't read English can make use of it.

I realize this is (relatively speaking) a minor issue but it's an issue that only affects ZR affiliates who've purchased VIP bids through STP in the last four days. And yet Paul's "hundreds" number has already been met. Other than the fact that his lips (or in this case his keyboard) were moving, why do I think Paul is lying about his .1% number?

Whip
06-27-2012, 10:47 PM
Ripoff Report | Rex Venture Group LLC | Complaint Review: 903410 (http://www.ripoffreport.com/organized-crime/rex-venture-group-ll/rex-venture-group-llc-zeekler-BBB0C.htm)

littleroundman
06-27-2012, 11:11 PM
Good find, Whip.

HERE IS (http://www.ripoffreport.com/organized-crime/rex-venture-group-ll/rex-venture-group-llc-zeekler-BBB0C.htm) the post you found:

http://i218.photobucket.com/albums/cc153/thelittleroundman/rex.jpg

Mitch McDeere
06-27-2012, 11:31 PM
That ripoff report doesn't seem credible is the problem. If the mother set the reinvestment rate to 0%, she would have cashed out and made a profit because the Ponzi hasn't collapsed yet.

The fact that Zeek Rewards shows up on realscam.com, scam.com, ripoffreport.com, etc. will raise awareness and make people think twice, but we should be careful about parading around complaints that are suspicious.

In the above case, if the mother set the reinvestment rate to 0%, she would average about $30 per day for 90 days until her points expire, which means she would have been paid $2700 for the $2000 initial investment. Assuming she gets all of her money out before the Ponzi collapses and assuming there are no problems getting the withdrawal from Zeek to her eWallet to her bank account, she would make a profit.

If someone were to invest $2000 now, meaning today, the risk is much higher, of course, than if you invested $2000 90 days in the past since we have the benefit of hindsight and know the Ponzi hasn't collapsed.... yet.

littleroundman
06-27-2012, 11:53 PM
That ripoff report doesn't seem credible is the problem.

To be more correct, your statement should read:


That ripoff report doesn't seem credible BY MY STANDARDS is the problem.

Anyone who has had dealings with an older member of society knows only too well, they make the ideal target for HYIP ponzi fraudsters.

Without stereotyping older members of society:

* they are "generally" more trusting and/or gullible and/or naive

* they are "generally" less internet savvy

* many have access to larger amounts of liquid funds i.e. cash, superannuation, property, alimony etc.

* many consider they have no possibility for increasing their net worth other than "investing"

* many are concerned with their legacy i.e. what they can leave for their family.

In short, many fraudsters consider the older members of society to be better victims than the young.

littleroundman
06-28-2012, 12:00 AM
http://i218.photobucket.com/albums/cc153/thelittleroundman/victim-1.jpg

Whip
06-28-2012, 09:18 AM
That ripoff report doesn't seem credible is the problem. If the mother set the reinvestment rate to 0%, she would have cashed out and made a profit because the Ponzi hasn't collapsed yet.

The fact that Zeek Rewards shows up on realscam.com, scam.com, ripoffreport.com, etc. will raise awareness and make people think twice, but we should be careful about parading around complaints that are suspicious.

In the above case, if the mother set the reinvestment rate to 0%, she would average about $30 per day for 90 days until her points expire, which means she would have been paid $2700 for the $2000 initial investment. Assuming she gets all of her money out before the Ponzi collapses and assuming there are no problems getting the withdrawal from Zeek to her eWallet to her bank account, she would make a profit.

If someone were to invest $2000 now, meaning today, the risk is much higher, of course, than if you invested $2000 90 days in the past since we have the benefit of hindsight and know the Ponzi hasn't collapsed.... yet.

You are giving them the benefit of a doubt that they are somehow absolutely paying everybody. I don't believe that assumption can be made with any of these scams.

GlimDropper
06-28-2012, 09:47 AM
A VERY interesting quote from Troy on his blog:


As for the funds to pay commissions, that has never been the issue, getting the funds to the right place after losing the banks have been the issue.

Bolding mine.

That's a small partial quote and it needs to be taken in context, you can read it for yourselves here (http://mlmhelpdesk.com/breaking-zeek-rewards-alert-we-are-waiting-clearification-from-last-nights-leadership-call/#comment-59757).

WOW.

Unless Mr. Dooly misspoke he just admitted what we've suspected all month, ZR et al. did not chose to terminate their long standing banking relationships, the banks terminated them. ZR's initial explanation was that they were printing far too many checks for their banks to process but that excuse went down the memory hole a few short days later after when they announced that they were going "paperless." They didn't "decide" to go paperless, they no longer had a bank account to write checks from.

I am sure there is a positive, Zeek affirming explanation for this and I'm sure Dawn's vaunted ventriloquism skills will ensure that her lips wont be moving when we hear Troy tell us what that is. But I will point one thing out, the very first domino to fall in Ad Surf Daily's closure was when a bank in Florida refused to do buisness with them.

To those who have ears, let them hear.

littleroundman
06-28-2012, 10:29 AM
Unless Mr. Dooly misspoke he just admitted what we've suspected all month, ZR et al. did not chose to terminate their long standing banking relationships, the banks terminated them.

Which is just another "gamble" for anyone remaining with, or thinking of joining Zeek Rewards.

If their account/s were terminated by the bank/s, rest assured a Suspicious Activity Report HAS been filed with the Financial Crimes Enforcement Network (finCEN) department of the US Dept of the Treasury


SAR reports include detailed information about transactions that are or appear to be suspicious. While many institutions file thousands of SARs a year, very few people will have a SAR filed with their name included. The goal of SAR filings is to help the Federal government identify individuals, groups and organizations involved in fraud, terrorist financing, money laundering, and other crimes.

The purpose of a suspicious activity report is to report known or suspected violations of law (http://en.wikipedia.org/wiki/Law) or suspicious activity observed by financial institutions subject to the regulations of the Bank Secrecy Act (http://en.wikipedia.org/wiki/Bank_Secrecy_Act) (BSA). In many instances, SARs have been instrumental in enabling law enforcement to initiate or supplement major money laundering (http://en.wikipedia.org/wiki/Money_laundering) or terrorist financing (http://en.wikipedia.org/wiki/Terrorist_financing) investigations and other criminal cases.Information provided in SAR forms also presents FinCEN with a method of identifying emerging trends and patterns associated with financial crimes. The information about those trends and patterns is vital to law enforcement agencies and provides valuable feedback to financial institutions

FinCEN requires a SAR to be filed by a financial institution when the financial institution suspects: insider abuse by an employee; violations of law aggregating over $5,000 where a subject can be identified; violations of law aggregating over $25,000 regardless of a potential subject; transactions aggregating $5,000 or more that involve potential money laundering (http://en.wikipedia.org/wiki/Money_laundering) or violations of the Bank Secrecy Act; computer intrusion (http://en.wikipedia.org/wiki/Computer_intrusion); or when a financial institution knows that a customer is operating as an unlicensed money services business.

Each SAR must be filed within 30 days of the initial determination for the necessity of filing the report. An extension of 30 days can be obtained if the identity of the person conducting the suspicious activity is not known; however, at no time should an SAR be delayed longer than 60 days. The Bank Secrecy Act specifies that each firm must maintain SARs for a period of five years from the date of filing.


(Bolding added)

Mitch McDeere
06-28-2012, 12:49 PM
It was pretty obvious that the bank closed the account and Lighthouse America did not voluntarily move it because they sent a last minute notice to all that checks had to be cashed by July 1. Many are still trying to get old checks re-issued as eWallet payments.

kschang
06-28-2012, 05:34 PM
@Mitch -- one or two ripoff report is are merely anecdotal evidence, but when so much of it fits what we already know about how Zeek operates, it's valid data point for other things. Maybe not in itself, but helpful for other stuff.

That 1099-MISC statement pretty much confirms what I wrote in my hub about how Zeek will report the "income". It's up to the affiliates to deduct what they can as expenses, and if they f___ up the deductions and trigger an audit, it ain't Zeek's problem.

Which is another interesting piece of the puzzle: only INVESTMENTS report income that you don't actually receive, AFAIK. So did Zeek just admit they are an investment?

Mitch McDeere
06-28-2012, 07:08 PM
@Mitch -- one or two ripoff report is are merely anecdotal evidence, but when so much of it fits what we already know about how Zeek operates, it's valid data point for other things. Maybe not in itself, but helpful for other stuff.

I just want to make sure we pick the right data points. Zeek is a sophisticated Ponzi, unlike many of one ones you often see on MoneyMakerGroup. From these other Ponzis, when we typically see an indicator of a scam like payment problems, complaints on ripoffreport.com, scam.com, and here, we can immediately start doubting the sustainability of the Ponzi. But Zeek is a different animal and some of their problems such as missing payments I don't think are due to having a cash crunch as of YET. I think their problems around payments are due to their banking issues and just sheer stupid business execution.

With the exception of the OFAC sanctions, I have not seen a case where someone did not get paid as a result of Zeek intentionally wanting to screw someone. Many of the cases you see on the Zeek support forum look more like stupid issues like broken programming, auction software not updating the database correctly as they don't handle concurrency and row-level locking properly, unreliable networking issues causing timeouts, etc. Also, many of the dollar amounts of the outstanding disputes are small, in the hundreds or less than $100. If Zeek were in the "screw the distributor" phase of their operation we would see larger payments getting screwed, or the typical Ponzi technique of selective non-payment to large investors claiming "fraud" or other irregularities.

That's why when I see a case of non-payment, I think it is more a "stupid issue" and not a lack of intention/lack of funds issue. At least not YET.


That 1099-MISC statement pretty much confirms what I wrote in my hub about how Zeek will report the "income". It's up to the affiliates to deduct what they can as expenses, and if they f___ up the deductions and trigger an audit, it ain't Zeek's problem.

Didn't Jimmy break this down on BehindMLM pretty succinctly? All income earned is paid in cash, therefore is income. The repurchase are expenses. You deduct your repurchases, and you can avoid audit risk by maintaining a "healthy ratio" of net revenue vs. expense.


Which is another interesting piece of the puzzle: only INVESTMENTS report income that you don't actually receive, AFAIK. So did Zeek just admit they are an investment?

I totally agree with the general premise - the flow of money with Zeek acts like a typical investment such as a mutual fund or money market fund with earnings automatically reinvested, sometimes even on a daily basis. But I would do a little more research before pushing this line of thought too far. For example, I own several rental properties and outsource the whole shabang. I have management company that handles all the rents and from that deducts costs such as maintenance, advertising, cleaning, etc. At the end of each month I get a check for the difference. I report it on my schedule D. I also was a partner in a company where I put in money but did no work. I received no cash disbursements for 2 years but did receive a K1 both years showing my loss year 1, and my gains year 2. I never received cash or put anymore in, and I reported it as a deductible expense as a K1 for year 1, and as income via my K1 for year 2. Now neither of these are the same as Zeek, but just wanted to share two cases where I am personally familiar with that did not treat income/loss as capital gains.

littleroundman
06-28-2012, 09:21 PM
@Mitch -- one or two ripoff report is are merely anecdotal evidence, but when so much of it fits what we already know about how Zeek operates

IM(very)HO, It's highly unlikely a singular, definitive event will present itself at this end of a HYIP ponzis' life cycle.

In my experience it is far more likely we will be presented with a series of "clues" many/most of which will have similarities to previous failed HYIPs.

We are dealing with professional fraudsters and professional shills, it's their function to fool as many people in as short a period of time as is possible.

At the best of times, what we see is what has either slipped through their nets or is undeniable.

IM(very) HO, what we can expect from here on in is the trickle of clues to increase until they become a flood and/or the Zeek team can no longer bury or control them.

GlimDropper
06-28-2012, 10:01 PM
Howdy Mitch,

I really want to thank you for contributing to this site. I can generally get a pretty good read on people and pretty quick, what I think I'm trying to say is I like people who don't fit neatly into one box or another. I also think I'd enjoy seeing you keep posting here, and not only in this one topic.

But, and in this life there's always a "but":



I just want to make sure we pick the right data points. Zeek is a sophisticated Ponzi, unlike many of one ones you often see on MoneyMakerGroup. From these other Ponzis, when we typically see an indicator of a scam like payment problems, complaints on ripoffreport.com, scam.com, and here, we can immediately start doubting the sustainability of the Ponzi. But Zeek is a different animal and some of their problems such as missing payments I don't think are due to having a cash crunch as of YET. I think their problems around payments are due to their banking issues and just sheer stupid business execution.

I'm suspect you haven't found occasion the watch these sorts of thing all that closely, no fear that isn't a swipe, the only people who really have are the people promoting these deals and the ones who try to warn their victims. Ponzi Planet is a fiercely Darwinian and rapidly evolving place. ZR's buisness model would never have sold back in 2008 when Ad Surf Daily bestrode the earth like a colossus. Back then they would have said "90 days to get my cash out, are you kidding me". But times change. Even the ponzi pimps realized that programs which allow rapid and sudden cashouts crap out at the smallest bumps in the road. That ain't good for affiliate commissions which is were the pimps cash in. Bring in a huge dowline and invest almost nothing more than what you earn from them. And when the whole ball of wax melts be the first person (relatively speaking) to call that once golden program a scam. Then hook your affiliates who didn't lose faith (Sloan) yet into the next big program.

I agree, ZR's management has show an amazing amount of stupidity but I also think it's deliberate. The longer they can recover from their own self generated problems the longer the faithful will make excuses for them when confronting problems ZR didn't create. And from the eventual zero point it will still take 90 days which they wont have to cash out their profits.


With the exception of the OFAC sanctions, I have not seen a case where someone did not get paid as a result of Zeek intentionally wanting to screw someone. Many of the cases you see on the Zeek support forum look more like stupid issues like broken programming, auction software not updating the database correctly as they don't handle concurrency and row-level locking properly, unreliable networking issues causing timeouts, etc. Also, many of the dollar amounts of the outstanding disputes are small, in the hundreds or less than $100. If Zeek were in the "screw the distributor" phase of their operation we would see larger payments getting screwed, or the typical Ponzi technique of selective non-payment to large investors claiming "fraud" or other irregularities.

Arthur C Clarke once said that any sufficiently advanced technology would be indistinguishable from magic. It's also been said to never attribute to malice what could be adequately explained by stupidity. The obvious corollary being that any sufficently advanced stupidity is indistinguishable from malice.

Either way if I were a ZR affiliate my very first priority would be to take out as much cash as I put in, anyone in the program who isn't playing the the houses money is playing with fire.

kschang
06-29-2012, 12:18 AM
Another point to note: Zeek, IMHO has an EXTREMELY high reinvestment ratio, typically 80% or higher. Which means if it is a Ponzi, it is quite sustainable, esp. at the rate it is attracting new recruits. Only 20% of the invested amount (or less) is leaving the company at a time. HYIP's typically have a reinvestment ratio of less than 50%.

Furthermore, it is especially designed to KEEP the money in and only pay out in dribbles.

This hits multiple reward centers in the brain: immediate satisfaction as well as "long-term" investment.

Mitch McDeere
06-29-2012, 02:58 AM
I'm going to try this next time I'm in Court...



I had all the same concerns and questions as you. Then you know what? I just did it. I talked to people already doing it then I made a decision. I spent most of my life stomping around, mad at the world, looking to right every wrong done to mankind. But you know what? It’s not worth it anymore. You think polygamy is a huge scam. Great! Now move along. You’ve made a decision. Great! Nothing to be ashamed of and certainly nothing to make a cause out of. Find something that DOES interest you and make a decision to get involved. And good luck! Oh and, by the way, Alexa rankings are toothless/worthless/easy to fake, and can be artificially inflated if you know where to look. :-)

Mitch McDeere
06-29-2012, 03:25 AM
Oops, wrong reply. I meant to reply to PPBlog with that. Here was the original that I was mocking, it was addressed to kschang:



No, K. Chang. That’s not what she said. There’s a clarification on the Zeek Rewards News site. I had a hard time understanding the e-wallet process too but once you actually use one, it’s pretty seamless and easy.It’s funny because I had all the same concerns and questions as you. Then you know what? I just did it. I talked to people already doing it then I made a decision.I spent most of my life stomping around, mad at the world, looking to right every wrong done to mankind. But you know what? It’s not worth it anymore.You think ZeekRewards is a huge scam. Great! Now move along. You’ve made a decision. Great! Nothing to be ashamed of and certainly nothing to make a cause out of.Find something that DOES interest you and make a decision to get involved. And good luck!Oh and, by the way, the BBB is toothless/worthless, a true scam if there ever was one :-)

scratchycat
06-29-2012, 04:03 PM
A VERY interesting quote from Troy on his blog:



Bolding mine.

That's a small partial quote and it needs to be taken in context, you can read it for yourselves here (http://mlmhelpdesk.com/breaking-zeek-rewards-alert-we-are-waiting-clearification-from-last-nights-leadership-call/#comment-59757).

WOW.

Unless Mr. Dooly misspoke he just admitted what we've suspected all month, ZR et al. did not chose to terminate their long standing banking relationships, the banks terminated them. ZR's initial explanation was that they were printing far too many checks for their banks to process but that excuse went down the memory hole a few short days later after when they announced that they were going "paperless." They didn't "decide" to go paperless, they no longer had a bank account to write checks from.

I am sure there is a positive, Zeek affirming explanation for this and I'm sure Dawn's vaunted ventriloquism skills will ensure that her lips wont be moving when we hear Troy tell us what that is. But I will point one thing out, the very first domino to fall in Ad Surf Daily's closure was when a bank in Florida refused to do buisness with them.

To those who have ears, let them hear.

ZeekRewards - The Rewards Program of a Lifetime! (http://tnlady43.zeekrewards.com/)

This person is using a "Koffee Klub" as a friendly little forum to help promote ZR.

Mary Evelyn Simpson | AdlandPro Community (http://community.adlandpro.com/members/tnlady.aspx)

To her almost 23,000 "friends" and anyone else she can lure into this program.

Mitch McDeere
06-29-2012, 06:22 PM
If you read today's ZeekRewardsNews update, and you accept it at face value, it confirms my earlier comments here that Zeek's recent eWallet issues are more likely a symptom of business incompetence than cash flow apocalypse.

Time will tell, especially after they setup the ACH option if they still have cash flow problems.

It will be curious if they process ACH directly or outsource it to yet another third party.

kschang
06-29-2012, 07:27 PM
It is interesting how people use the weirdest logic over on Dooly's board... Though I think he's acting neutral again (maybe).

Two primary defenders... Chris, and Dan M. Chris is the excited one, keeps harping about why do I have a link to my blog. Dan M is calmer but just as devoted.

Dan M's position is rather interesting to note. He basically claimed that "negative people" will destroy the Zeek by convincing people to not join.

But if Zeek can't survive without people joining, doesn't that just *prove* it is a Ponzi or Pyramid scheme?

kschang
06-29-2012, 07:37 PM
The obvious corollary being that any sufficently advanced stupidity is indistinguishable from malice.


That's Hanlon's razor - Wikipedia, the free encyclopedia (http://en.wikipedia.org/wiki/Hanlon's_razor)

Never attribute to malice that which is adequately explained by stupidity.

GlimDropper
06-29-2012, 07:56 PM
That's Hanlon's razor - Wikipedia, the free encyclopedia (http://en.wikipedia.org/wiki/Hanlon%27s_razor)

Never attribute to malice that which is adequately explained by stupidity.

Ya see, this is the problem with deliberately setting out to cultivate an educated and erudite user base. You can't get away with plagiarizing anything good.


Which I'm actually pretty cool with. Thanks Kasey. (shakes fist)

littleroundman
06-30-2012, 01:55 AM
You are giving them the benefit of a doubt that they are somehow absolutely paying everybody. I don't believe that assumption can be made with any of these scams.

The longer I observe HYIPs, the more I've come to realize that attempting to use logic is largely a waste of time when dealing with fraudsters of this kind.

It's never a level playing field.

Fraudsters lie. That's why they're called fraudsters.

Catch them in a lie, and they'll just tell another one to cover the first.

Failing that, they'll include just enough truth to fool anyone but the most dedicated researcher.

Take a look back at the recent Andy Bowdoin / AdSurf Daily case.

Sure, his office was at S. Calhoun St., Quincy, Fla., but, it was at #12 and NOT #13 as Bowdoin claimed.

Sure, Bowdoin received a Congressional Medal, but it was a Congressional Medal of DISTINCTION and not a Congressional Medal of HONOUR

2 completely different animals. But close enough to fool many/most of the victims.

Similarly, Bowdoin claimed he had worked WITH Dale Carnegie and Napoleon Hill, when, in fact he: worked FOR Dale Carnegie Courses in the early sixties and later worked with the Napoleon Hill Leadership Program.

IOW, he, like thousands of others sold books and courses.

My point is, in my experience, attempting to debate the fraudsters behind Zeek is, in fact, counterproductive in that it gives the fraudsters greater opportunities to lie to and deceive their victims.

They, unlike those who dare speak against them, are not required to tell "the truth, the whole truth and nothing but the truth"

They're promising 1% or 2% per DAY.

Everything after that is froth and bubble and smoke and mirrors.

scratchycat
06-30-2012, 08:07 AM
The longer I observe HYIPs, the more I've come to realize that attempting to use logic is largely a waste of time when dealing with fraudsters of this kind.

It's never a level playing field.

Fraudsters lie. That's why they're called fraudsters.

Catch them in a lie, and they'll just tell another one to cover the first.

Failing that, they'll include just enough truth to fool anyone but the most dedicated researcher.

Take a look back at the recent Andy Bowdoin / AdSurf Daily case.

Sure, his office was at S. Calhoun St., Quincy, Fla., but, it was at #12 and NOT #13 as Bowdoin claimed.

Sure, Bowdoin received a Congressional Medal, but it was a Congressional Medal of DISTINCTION and not a Congressional Medal of HONOUR

2 completely different animals. But close enough to fool many/most of the victims.

Similarly, Bowdoin claimed he had worked WITH Dale Carnegie and Napoleon Hill, when, in fact he: worked FOR Dale Carnegie Courses in the early sixties and later worked with the Napoleon Hill Leadership Program.

IOW, he, like thousands of others sold books and courses.

My point is, in my experience, attempting to debate the fraudsters behind Zeek is, in fact, counterproductive in that it gives the fraudsters greater opportunities to lie to and deceive their victims.

They, unlike those who dare speak against them, are not required to tell "the truth, the whole truth and nothing but the truth"

They're promising 1% or 2% per DAY.

Everything after that is froth and bubble and smoke and mirrors.

LRM, that to me just about sums it up. Any further debate only leads to more hype and lies. My knowledge of the well-known fraudsters and top promoters is very limited but they have been getting away with this for so many years that people take them at face value. "I have been making money with this program for humpteen years." Which may be partly true because they could freely prey on the public without any internet scrutiny and did not get caught but things are changing. Andy probably got away with lots of schemes and other people's money before he was ever noticed by authorities. So did many others and some are behind bars while others keep playing the game as long as they can "not get caught".

Why people would invest these life savings into such a "shakey" program as Zeek is scary. Yet it happens and Zeek, along with many others, can keep operating on YOUR money - those who invest in it.

I believe the more we continue to expose this fraud, the better chance we have at getting people to look at the truth behind the schemes. My futile attempts may not do much good but I do try to inform my family and friends - anyone who will listen and ask they further investigate "programs" before they hand over any money or info to these people.

kschang
06-30-2012, 11:16 AM
Strange, I had covered that subject "Congressional Medal of Distinction" before I even read about ASD...

When a Medal is NOT: US Congressional Medal of Distinction (not honor!) from Republican NRCC is a "donation" award (http://kschang.hubpages.com/hub/When-a-Medal-is-NOT-really-a-Medal-US-Congressional-Medal-of-Distinction)

scratchycat
06-30-2012, 11:35 AM
Strange, I had covered that subject "Congressional Medal of Distinction" before I even read about ASD...

When a Medal is NOT: US Congressional Medal of Distinction (not honor!) from Republican NRCC is a "donation" award (http://kschang.hubpages.com/hub/When-a-Medal-is-NOT-really-a-Medal-US-Congressional-Medal-of-Distinction)

I clicked on your link and visited your Hub, also liked & tweeted it. I know I am the only one who sees the ads as they appear on the pages but it is nice to see all of my ads all over your page!! Wish everyone could see them. :(

Express Nature (http://www.cafepress.com/expressnature.607504093?aid=504694)

GlimDropper
06-30-2012, 12:16 PM
There's some indication emerging that ZR's new payment processor may be PayGate (Pty) Ltd. of South Africa. And they look pretty legit. If true this may effectively let ZR hide who their real bank is or even what country it's in. But it would add one more technical hurdle in so far as South African banking institutions are required to transact buisness in South African Rand so you'd need to convert dollars to Rand and then back into dollars as they pass through PayGate. I'm sure the fees for that will be modest.

I'm still trying to wrap my head around what the money trail would end up looking like. Might need to draw a flow chart. Hey, wasn't Andy finally convicted for wire fraud?

Anyway, some interesting reading on PayGate's website (https://www.paygate.co.za/content.php?paygatenews&articleid=178):


Commonly Asked Questions Regarding a Merchant Credit Card Facility


What is a Merchant Account?


A merchant account is a business cheque account which has been enabled by the bank to accept credit cards. The bank will assess the requirements of the client and provide the appropriate credit card facility. A merchant, or establishment number is allocated to the client and is linked to the business cheque account, thus forming a merchant credit card facility or merchant account.



Can I process credit cards without having the card present?


If your modus operandi dictates that your customers will not be physically present when making a payment to you by credit card, your bank will get you to sign an addendum to the main merchant credit card contract to cover mail order or internet transactions. The bank will then put you in touch with an approved payment gateway provider who will then provide you with the software necessary to process credit cards online.



What about credit card fraud?


Credit cards are notoriously vulnerable to fraud, and this is particularly true when the cardholder is not present. However the bank has put a number of fraud-reducing measures in place. For instance, every credit card transaction needs a positive authorization before the transaction can be processed. Some banks insist that the cardholder register a PIN online which they then uses every time they purchases online.

PayGate Payment Gateway has introduced a number of fraud protection features to their range of card processing products and has succeeded in keeping fraud down to acceptable levels.



What are the requirements to becoming an internet merchant?


The qualifying criteria for a merchant credit card facility differ from bank to bank and the list of requirements is longer when a mail order or internet facility is required. On request PayGate will send you the list of bank requirements to work through and a template of a business plan which simply needs completion. Having been in the payment gateway industry for the past 12 years, PayGate's help desk is able to offer good advice and assistance in the setup process.



What are the costs involved?


Your bank will charge you a setting-up fee and a percentage of your credit card turnover for your merchant credit card facility. Retail outlets are charged a monthly rental for their credit card terminal. Online merchants will pay a monthly fee to the payment gateway they choose and either a fee per transaction or a small percentage of the value of the transaction.

PayGate's Payment Gateway is good value for money as their payment solutions comes with many helpful additional features.

For more information please email info@paygate.co.za

Danni
06-30-2012, 03:15 PM
If true this may effectively let ZR hide who their real bank is or even what country it's in.

Possibly Canada, seeing as their latest news say their offices will be closed on Monday July 2nd:



...Note: Zeek’s Offices will be closed on Monday, July 2nd but will be open the remainder of the week, including July 4th!

kschang
06-30-2012, 06:49 PM
I've documented them using every CC merchant under the sun... There was CCBILL and Lamda...

Mitch McDeere
07-01-2012, 10:56 AM
July 4 is coming and many Zeek distributors still reporting missing payments for 6/18, 6/25, and the 7/2 payment is due tomorrow.

While some have gotten paid, there seems to be a lot of concern in the field. Troy Dooly said if Zeek still had not paid everyone by July 4, he would make a video about it.

littleroundman
07-01-2012, 11:06 AM
Troy Dooly said if Zeek still had not paid everyone by July 4, he would make a video about it.

Gee, I'll bet that news has got the guys at Zeek quaking in their boots.

"You guys had better pay everyone or, or, or, I'll, I'll, I'll stamp my foot and make a video about you"

Wait !!!!

Is that the sound of Troy Doolys' credibility falling through the floor I just heard ???

Mitch McDeere
07-01-2012, 11:41 AM
It is total amateur hour over at Zeek's support forum. Various affiliates have had their accounts hacked because they were dumb and had simple passwords such as same password as their username or password was "Zeek" or "zeek rocks" or "password". Just wait until the hacker community sees how ripe a target Zeek is and actually breaks in through the back office application.

Meanwhile, moderators on the support forum, presumably Zeek employees, keep creating separate gmail accounts and asking for members to send details to these separate gmail accounts for different issues. Zeek cannot support them via support tickets, and can't support them via phone, and can't even use a corporate email account. Many were posting their actual details (at Zeek employee's request and encouragement) to solve problems until one of the affiliates objected and mentioned regulator compliance, privacy, and PCI requirements they were in blatant violation by having users post all their transactional details on the forum.

Back to our story... here is the latest attempt to help resolve the hacked accounts. Zeek is requiring everyone to send in the following to one of the moderator's gmail accounts:



Dear all people who are victims of being hacked!

Please follow these steps in order for us to process heck-related issues:

Please e-mail to icommunityteam@gmail.com (icommunity is our moderator, who focuses on hecked issues.)

Please note, that NO PERSONAL INFO IS PERMITTED ON THIS FORUM.

Please provide the following in your e-mail:

1) user id
2) sponsor id
3) last 4 digits of ss#
4) last 4 digits of cc on file
5) Date started in our system
6) User needs to verify level at company ex: silver ,gold, diamond
7) copy of Drivers license
8) copy of passport
9) copy of birth certificate

Please write your username in the subject in your e-mail.

GlimDropper
07-01-2012, 12:21 PM
I'm sure some of the hacking problem is due to affiliates choosing weak passwords but the real problem is the abysmal data security of the website it's self. Several of the glaring issues have been posted in the support forum or posted on other forums as well. It isn't my intention to facilitate ZR affiliates losing money so I wont list these items here but the only thing ZR needs to find the root of this (and SOooo many other) problem(s) is a mirror.

And the July second pay run will be delayed, they're keeping the office closed that day.

There was a truly impressive reply on Troy's blog (http://mlmhelpdesk.com/breaking-zeek-rewards-alert-we-are-waiting-clearification-from-last-nights-leadership-call/#comment-59940) from someone named Morten:




Morten June 30, 2012 at 9:44 am # (http://mlmhelpdesk.com/breaking-zeek-rewards-alert-we-are-waiting-clearification-from-last-nights-leadership-call/#comment-59940)
http://1.gravatar.com/avatar/f1078064e9d3aee694ddc695db3a914b?s=40&d=&r=PG

@Kevin DeRoo
They are not asking for the status of the customers, but for real customers spending their OWN money buying bids.


So if an affiliate sign up family and friends as customers, and directly or indirectly pay for the bids, they’re not external customers.


We know plenty of affiliates who have signed up family members as customers, but this is only a method to earn the extra 20% commission you can earn when retail customers buys retail bids.


Instead of buying sample bids and give them away to customers, you can sign up family members as retail customers and buy retail bids through them. This will give you the same matching VIP points as buying sample bids (1 VIP point for each $ spent). In addition, you will get a 20% commission, and you will also get the bids (or you can give them away to the family member).


With this method, the affiliate will usually withdraw money and pay the family member. The family member will then use the money and pay for bids. The affiliate will receive the matching VIP points as the referring affiliate, and he will also receive a 20% commission.


This is only a recycling of the affiliate’s own money, an IN-OUT operation where only the affiliate’s own money is involved. People were not asking for that kind of customers. And since most people know about this method, seeing some “proofs” of having real customers isn’t very interesting.


Real retail customers will act as an external source of money, and make the business model become more sustainable. So they will need lots of real customers in order to be able to continue to pay out money.


Paying out VIP points and reward points won’t be a problem, since they are only “points”. But for to be able to pay money OUT they will need a similar amount of money coming IN, and in this process the customers will be more important than the affiliates.


Zeek will eventually run out of new affiliates willing to put fresh money IN, and then they will only be able to pay out “points” if they don’t have a stream of money coming in from customers. And that is why people are asking about paying customers too, because they know the importance.



I want to say something to ZR affiliates who come from a legitimate MLM background. I understand you coming into this with a sincere buisness ethic and you are looking to build a real network here. And I can see why you might have a hard time wondering what the critics are talking about. Read Morten's post again. Just because you guys are trying to build something real in no way prevents other people, people looking for shortcuts to game the ZR system and if they're good enough at it, they will out earn you.

Troy, Dawn and Paul now admit that when ZR started up they were "way out of compliance." That's a polite way of saying that they were running a naked money game. Almost all ZR affiliates back then knew it was a game and played it as such. Now ZR is a well dressed money game to the people who still want to play it that way. Most of the highest VIP point total affiliates have those high totals because they have been accruing those points for well over a year now. Yes, most of the highest VIP point total holders have pronounced histories in ponzi/pyramid games.

I once joked with Troy that I'd like to see what would happen if ZR removed any similarities between their comp plan and the comp plan of the old Ad Surf Daily. Troy replied that the result would be a class action lawsuit and he isn't wrong. In other words there are limits to how compliant Zeek Rewards can afford to become and at this point, time is not on their side.




.,....

Sorry for a late edit which doesn't really advance the narrative or prove a point. But it does make me smile. From the ZR support forum:


https://d37wxxhohlp07s.cloudfront.net/public/uploaded_images/9569070/strosdegoz_medium.jpg (http://zeeksupport.zeekrewards.com/people/strosdegoz_4383340) strosdegoz (http://zeeksupport.zeekrewards.com/people/strosdegoz_4383340) less than a minute ago (http://zeeksupport.zeekrewards.com/zeekrewards_private/topics/missing_product_from_fscstore#topic_4149973)
Missing Product from FSCStore!


I haven't received my product nor any reply to all of my tickets from the FSCStore! Note : I was charged instantly but never got the product.


(For the uninitiated, "strosdegoz" has never met a ponzi/pyramid scam he didn't like or was unwilling to spam for. Well, that's an exaggeration, there have been a few which were too seedy for him to waste his time on but it does seem that pimping ponzies is his full time job.)

Mitch McDeere
07-01-2012, 06:22 PM
My opinion is that Troy Dooly knows Zeek is a Ponzi and he is ignoring talking about its faults in public deliberately, hoping the lawyers and compliance team can turn things around. He is a little ignorant about how ineffective Zeek's advertising method is and the problems with Zeekler and lack of revenue, but even if he chose to fully understand these issues, he still has a conflict of interest despite his reputation of looking at all sides and being fairly impartial.

Zeek has catapulted his popularity and the exposure he gets to Zeek's member base will increase his mentorship and coaching program. Troy certainly will benefit indirectly by going to Zeek Red Carpet Events and participating in interviews and other press event "for no compensation". Zeek just pays for Troy's travel expenses and Troy claims "no compensation" but there is always indirect benefit in increasing his public exposure and driving traffic to MLMHelpDesk. There is nothing wrong with this and I am not suggesting he is doing something wrong - in fact, it is a brilliant attraction marketing method.

However, you can clearly see that Troy is much less impartial than he portrays himself to the public. Moreover, those Zeek supporters who assign a false financial benefit to realscam.com, scam.com, Oz at BehindMLM, RPPBlog, and Kasey's hub probably don't even realize that Troy has a much larger incentive NOT to be impartial (or selectively ignore certain issues), than any of the critics. It's a fine line Troy walks but the fact of the matter is that there exists a line, whereas the critics have no line from which to fall.

GlimDropper
07-01-2012, 07:37 PM
There are some pretty firm limits on how far I'll go defending Troy here. He's making his own bed and seems to be comfortable in it. For now at least. I will say that unless facts emerge revealing a financial motive I don't think there is one. He has travel expenses covered and I don't doubt there's a speaking fee involved but I don't see anything irregular in that.

I am a bit distressed that Troy seemed to know a week or so before Zeek announced it that their existing US banks were kicking Zeek's ass to the curb but he waited oh so very long to explain something that to my knoledge ZR has never publicly admitted. That being that a huge part of the hold up in getting affiliates payed was because ZR didn't have an existing relationship with a real bank. But Troy assures us the problem is solved (he's checked). If Troy does do an update on the banking situation I'd love for him to explain, in his own words, why he thinks there was nothing irregular in the seeming huge amount of difficulty involved in ZR finding a legitimate onshore US banking partner. Please Troy, address the issue.

Troy knows MLM better than we do or ever will. We know ponzi planet better than he does or ever will. I guess my question to him would be why have I never heard of a legitimate MLM company who's had this magnitude of banking problems but can think of a list of ponzi schemes who have?

I think I like Troy as much as I ever did. But I know I don't trust him as much as I once had but I'm waiting for the ZR deal to play out before I decide one way or another. I've said it before and I'll say it again, either Troy and a bunch of his high level MLM friends wind up with egg on their faces, or Paul Burks should win the Nobel Prize for economics.

kschang
07-02-2012, 12:19 AM
I think part of Troy's problem is he insist in viewing Zeek through a MLM lens.

In my little explanation on Zeek and Penny Auction's overall problem, he is asking what's the problem with RPP since it's based on PV and GV. (for those not familar with MLM speak, PV = personal volume, i.e. personal sales and GV = group volume, i.e. sales by your downlines).

For the record, RPP has NOTHING to do with GV, only personal GIVEAWAY BIDS, nothing to do with retail.

GlimDropper
07-02-2012, 04:27 AM
I think part of Troy's problem is he insist in viewing Zeek through a MLM lens.

In my little explanation on Zeek and Penny Auction's overall problem, he is asking what's the problem with RPP since it's based on PV and GV. (for those not familar with MLM speak, PV = personal volume, i.e. personal sales and GV = group volume, i.e. sales by your downlines).

For the record, RPP has NOTHING to do with GV, only personal GIVEAWAY BIDS, nothing to do with retail.

For those of us which haven't found the esteemed Mr. Chang's blog, or the post he references above, allow me to provide a link (http://amlmskeptic.blogspot.com/2012/07/what-is-wrong-with-mlm-penny-auction.html).

And indeed, the most significant PR coup Zeek Rewards has pulled off was to hire a bunch of the "A-Team" of MLM consultants which has had the effect of convincing certain MLM commentators that ZR (and Rex Ventures for that matter) are legitimate MLM companies.

It doesn't matter to some of these people just how "out of compliance" the program was when it launched and it doesn't matter how superficial the changes to the comp plan have been, Zeek Rewards is 100% open and honest,... to the people who refuse to ask inconvenient questions.

PPBlog
07-02-2012, 06:04 AM
It's clear that Zeek got a boost from the MoneyMakerGroup and TalkGold cesspits and that any number of JSSTripler/JustBeenPaid promoters also are promoting Zeek. Two posters at my Blog yesterday were using the same IP and different usernames. Within 15 minutes, one posted in "defense" of Zeek, the other in "defense" of JSS/JBP.

Both Zeek and JSS/JBP exist as murky entities in the HYIP sphere. Some exceptionally disingenuous promoters would have prospects believe they are the most open companies in the world and that annualized ROIs of between 300 percent and 730 percent in the post-Madoff, post-ASD era raise no red flags at all -- even though it is glaringly obvious that Zeek, JSS/JBP and ASD have (or had) promoters in common, an outsize return in common, a presence on the Ponzi boards in common. At least in the case of Zeek and ASD, there have been banking problems in common, and all three of the "opportunities" have offshore payment processors in common.

I'd say it's a safe bet that some of the remissions money from the ASD Ponzi case is circulating among and between Zeek and JSS/JBP. If that proves to be the case and if the government moves against Zeek, it may be hard for any former ASD members now carrying the water bucket for Zeek and JSS/JBP to be cast as anything other than willfully blind promoters of fraud schemes.

The stain to the reputation of MLM will be indelible.

On MoneyMakerGroup, someone who goes by "WealthySovereign" strangely observed on June 29 that perhaps it was best not to use the name of the SEC in MoneyMakerGroup posts about Zeek because "it could be one of the keywords they are looking for and checking and it could call their attention to this valuable thread."

Rather, according to "WealthySovereign," it is best to "just say 'fascist gestapo' and it will be understood and will not set off the red flag keyword checking apparatus that they are using on the Internet."

"WealthySovereign" appears not to have much of an ear for PR. But before he planted the seed that Zeekers either should avoid using the SEC's name or write around it by calling the agency the "fascist gestapo," he was keen on Troy Dooly's Blog as an authoritative source on Zeek.

The June 8 performance of Zeek COO Dawn Wright-Olivares on ACES Radio Live was "Powerful and informative," according to info posted on MoneyMakerGroup by "WealthySovereign."

Troy's brand could get damaged if he becomes the darling of MoneyMakerGroup. "WealthySovereign" isn't doing Troy any favors -- not through references, not through links and certainly not through commentary that effectively sends the message the SEC is the Gestapo.

That's the same kind of commentary that AdSurfDaily members directed at the U.S. Secret Service.

IMHO, Troy is playing with fire here. People are pointing to him in ways that demonstrate they are using him (or intend to) use him to construct their own personal arguments of plausible deniability if the government moves against Zeek.

Troy is at great risk of Zeek promoters saying, "But Troy said . . . But Troy went to the Red Carpet events . . . But a picture of Troy and Dawn were in the Zeek promo Troy linked to on his Blog . . . But Troy is on the board of the Association of Network Marketing Professionals . . ."

PPBlog

littleroundman
07-02-2012, 06:11 AM
Some exceptionally disingenuous promoters would have prospects believe they are the most open companies in the world and that annualized ROIs of between 300 percent and 730 percent in the post-Madoff, post-ASD era raise no red flags at all -

And that, for me, is the bottom line.

Forget all the froth and bubble red herrings.

No one doing real "due diligence" needs to go past: annualized ROIs of between 300 percent and 730 percent

It simply doesn't happen in the real world and DEFINITELY doesn't happen on a sustained, repeatable basis.