No one is really sure what these payments will look like, but if you lost money in Zeek Rewards, you could see payments coming your way out of the reported $320 million collected by the receivers. An estimated 840,000 people...
Read MoreThis could be an ugly legal precedent for those who chose to get involved with suspect companies posing as legitimate Network Marketing businesses. If you make money, be prepared to give it back or face court action. According...
Read MoreWe’ve exposed a lot of companies over the years including Bioperformance, Ad-Surf Daily, Burnlounge, MyMusicTicket, iJango and others. And I’ll bet there are over 100 comments on this blog suggesting that a scam...
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The lawyer in charge of whether or not people get refunds from Zeek rewards says it will be a...
Read MoreThere is reportedly $225 million in assets scattered across international banks that a receiver (attorney) will be attempting to figure out what to do with. Now, if your company needs to scatter it’s money across more than...
Read MoreHere is the press release directly from the SEC: Washington, D.C., Aug. 17, 2012 – The Securities and Exchange Commission today announced fraud charges and an emergency asset freeze to halt a $600 million Ponzi scheme on the...
Read MoreAccording to the Wall Street Journal, the Securities and Exchange Commission has shut down Zeek Rewards, calling it a $600 million Ponzi and Pyramid Scheme. Zeek CEO and President, Paul Burks has apparently agreed to pay a $4...
Read MoreOur good friend, MLMWatchDog had the following update about Zeek Rewards Shut Down: “The North Carolina Attorney General’s Consumer Protection Division has done something to cause the website to be shut down because of...
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Well, I hate to say I told you so, but I kind of did. As of 9:22p on August 16th, here’s...
Read MoreThe MLM Watch Dog alerted it’s readers (of course we are readers) to Zeek Rewards moving banks and the possiblity of checks bouncing as a result. Here is the article: ANNOUNCEMENT – Zeek/Zeek Rewards is currently in...
Read MoreFriend of the blog, Troy Dooly interviewed the COO of Zeek Rewards in this video:
Read MoreApparently, the fine line between complying with the law and putting your distributors through the wringer is blurred when you get a bunch of lawyers involved… Here is a copy of the lovely disclaimer that MUST BE READ...
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