Zeek Rewards Shuts Its Doors

Restored from the Empower Network archive (2011–2017), lightly edited to meet our current advertising standards. Views are the original author’s.

Zeek Rewards Steamship is floundering in Hot SEC Waters!

Breaking News: Have you heard about Zeek Rewards and the closing of its doors? The big penny auction company is in hot waters and the title of “Ponzi Scheme” is all over the news.

Yesterday on Facebook there was a notice of a conference call being held around 5pm so being the curious person that I am I decided to get on the call and see what all the buzz was about. After about 10 minutes I had heard enough and felt sorry for those who have fallen prey to this so called Ponzi Scheme.

The leader of the call, I won’t mention any name, was reading from a statement provided to him by the Zeek Rewards Company.  According to this document all Zeek Assets have been frozen along with 3rd party assets. The company has been ordered to close it’s doors and only time will tell after further investigation as to what is going to happen to its members.

As always I like to turn to my friend Troy Dooley at the MLM Help Desk and find out what he has to say on this matter.

Check out the latest from Troy.

Zeek Rewards Ponzi Scheme Story

Wow! Does Troy have the goods our what. That’s why I like Mr. Dooly he has his finger on the pulse of the Network Marketing Industry and tells it like it is.

So, what really is the lesson here to be learned.

1. Do your research on a Network Marketing Company before you JOIN!!

2. Do your research on a Network Marketing Companies Leaders before you JOIN!!

3. What is a Ponzi Scheme? (from the SEC)

A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate high returns with little or no risk. In many Ponzi schemes, the fraudsters focus on attracting new money to make promised payments to earlier-stage investors and to use for personal expenses, instead of engaging in any legitimate investment activity.

Some final thoughts.

In the end no one is a winner. Thousands have fallen to the dirty business practices of a few others who have no thoughts about helping others to succeed except themselves. It’s unfortunate and it just plain sucks!

I was introduced to Zeek Rewards a month ago by a friend. I had reservations about joining with him after looking at the company. Honestly, it just didn’t feel right to me. Apparently my instincts were correct.

So my advice to you is if it doesn’t feel right, then don’t join up.

If you took something of value from this post, Zeek Rewards Shuts Its Doors, please share your insights with your social media friends using the “share links” on the left hand side of this page and leave a comment below.

Thanks!

– Galen Morgigno

PS. For a LIMITED time … get access to the true story, It’s a SECRET!

PSS. The Zeek Rewards Company Gets KO’D and Empower Network Certified Bad Ass | Mack Zidan

Article Pictures: Free Digital Photos