|Is ZeekRewards Truly A Legit Company
That You Can Make Money With?
SEC accuses Zeek Rewards of running $600 million ponzi scheme. Shuts
down site. Does opportunity still remain? Yes! Read on...
| On 8/17/12, the SEC shut down Zeek
Rewards claiming it was running a $600 million dollar ponzi scheme. Now
everyone who was a part of Zeek Rewards or wanted to get in on it too
are wondering if it's all over.
Here are the facts:
The SEC has accused Zeek Rewards of running a Ponzi scheme. This does not mean it's actually true.
Accusations have to be proven.
It will take many months if not longer for this case to be settled.
3. Whether or not Zeek Rewards will continue running is still up in the
4. If you want to invest in Zeek Rewards, now is not going to work. The
site is down and there's no guarantee if this company will be running
when the SEC case is settled.
There are probably many of you reading this page right now who are
not part of Zeek Rewards but wanted to give it a shot because you may
have heard about it from a friend/family member. Or you were wondering
if it's indeed a legitimate program and if it could really help make
you the kind of money you've always wanted.
And now that this news about the SEC came up, many of you are probably
very upset. I am too. I have been investigating Zeek Rewards for many
months and was considering joining it, until the SEC thing
This page is going to explain how Zeek Rewards works, why the SEC
believes it's a ponzi scheme and if there's other opportunities out
there that are better than Zeek Rewards (there are!).
Zeek Rewards made it's
money 3 ways:
1. By having
members "invest" money into it. The money a member puts into
Zeek Rewards turns into point/bids which could then be used to
accumilate more points or redeem the points for money.
2. A referal
program in which members could refer new members in exchange for
commissions and points.
3. By working
together with a penny auction website called Zeekler.com. Zeek
Rewards would have it's members create daily ads for Zeekler. The more
members posting ads, the more traffic Zeekler got, which in turn
made more money for Zeekler. This is why Zeek Rewards had a major
Zeekler would take whatever it would make everyday through it's
auctions and divide it up with Zeek Rewards. Zeek Rewards would then
take 50% of what it made and divide that up evenly amongst it's
Each day, there would be anywhere in between a 1%-2% profit. This
profit would be added to a member's total points (not money).
If a member had 10,000 points (They invested $10,000) and Zeek Rewards
had a 1% profit for a day. The person would have 1% added to the 10,000
points, making their total 10,100 points. The member could then redeem
the extra 100 points for money or continue accumilating points which
would mean greater profits.
The purpose of
Zeek Rewards was to have as many members posting ads. This meant more
profits for Zeekler which meant more profit for Zeek Rewards.
Whatever a day's
profits would bring, Zeekler and Zeek Rewards would
split it. Zeek Rewards woul then take 50% of what they made and divide
that up with their members in the form of points.
The purpose of the
point system was to give members an incentive to
remain on the program and continue accumilating points. The more points
a member had, the more each day's profits made by Zeek Rewards would
But it wasn't as easy as it seemed to make money with this business.
Here were the biggest problems:
1. You needed alot of money to see results
with this business. The
more money you put into it, the better head start you had to getting it
back and making more money in the process. Most people didn't have an
extra $500, $1,000 or let alone $10,000.
2. It had
questionable business practices which made it risky to join.
It's business model looked very much like a pyramid scheme. There were
however alot of happy customers. The only skeptics were the people who
haven't tried it.
3. You needed
to have marketing experience, online or offline to see any major
Rewards had a major referral program. For each person you refered, you
would get a portion of their investments as well as
they refered. If you had marketing experience, you would have likely
been very successful with Zeek rewards. However, most people do not
possess that and would find it almost impossible to refer even 1
|Why The SEC Believes It's A
The SEC claims Zeek
Rewards used the point system to mask the "fact" that they were not
making enough money from the daily profits with Zeekler to pay everyone
and thus whenever someone wanted to checkout their points for money,
Zeek Rewards would use another person's money and send them that.
In other words, just like a real ponzi scheme, people were being paid
from other people's investments, not from actual money supposedly being
made from the penny auction website.
This claim is going to be VERY difficult to beat because there is
indeed alot of controversy surrounding the business model of Zeek
Rewards. Either way things turn out, hopefully investors will get their
money back. Zeek Rewards does have a 14 year $0 debt and clean slate so
it may even be so that they prove themselves not guilty.
Future Of Zeek Rewards & An
it stands right now, the future of Zeek rewards does not look bright.
It'll be many months before we know for sure if it'll continue running.
And even if it does come back, you'll still need alot of money or
marketing experience to truly experience success with it.
So is there anything else out there? The answer is yes. And it's way
bigger than Zeek Rewards. Its online
marketing. It's bigger,
offers greater money making opportunities, there is no scamming
and it's completely legitimate.
And the truth is, it's much easier to do than you think and anyone can
do it. All you need proper guidance. Try this place.
It's called Wealthy Affiliate
and it gives you a 10 day free trial
where it shows you the A-Z of online marketing. No credit card or any
personal info. Just your name, email and that's it.
Affiliate is an online "university" that teaches people everything
about internet marketing and how to be successful with it through
step-by-step guides, expert help and much more.
But unlike actual universities that cost $1000s and take years to
finish, Wealthy Affiliate costs very little and you can immediately put
what they teach to use to make serious money online.
I have personally been in online marketing for 5 years and a
member at Wealthy Affiliate for 4. I have been able to pay through
school and lead a financially independant life and it's thanks to what
they taught me which is available to all members.
This isn't some
sort of get rich quick scheme. It's a realistic
opportunity and anyone can put what they teach to use. If there was
ever a REAL opportunity to make money online, this is it.
people use what they teach there to make a secondary income, some do
this full time and earn 5, 6 and even 7 figures. Some use it to pay
through school and support their family.
Either way, online marketing
offers opportunities no college degree could come close to. In fact
even Zeek Rewards doesn't come close. Anyone
can do online marketing and Wealthy Affilate is the best place
to learn it.
Plus unlike Zeek Rewards, it's here to stay and there
are no ponzi or pyramid schemes.
If you decide to try Wealthy Affiliate, you'll get a message from me
showing you exactly where to go to get the most out of your 10 days.
And there is literally no obligation.
You may be skeptical about this thing and it's completely
understandable, but do yourself a favor and just check out the 10 day free trial. You'll be
happy you did I promise.
Thank you for
reading this page!