Worldwide Solutionz: ROI source is “proprietary”
When Zeek Rewards burst onto the scene and began promising affiliates a 125% ROI over 90 days, people were naturally suspicious of where the money was coming from.
Despite appearing to already have covered this base with the attached Zeekler penny auction, Paul Burks would infamously go on to insist that how Zeek Rewards generated 125% for every dollar invested with it was a “proprietary information”.
Of course this later revealed to be complete baloney by the SEC who, after shutting down the $600M+ Ponzi scheme, observed:
Approximately 98% of ZeekRewards’ total revenues, and correspondingly the purported share of “net profits” paid to current investors, are comprised of funds received from new investors.
Burks is solely responsible for determining the amount of “net profits” to share in the Retail Profit Pool.
Burks unilaterally and arbitrarily determines the daily dividend rate so that it averages approximately 1.5% per day, giving investors the false impression that the business is profitable.
Zeek Rewards’ “proprietary information”?
Mastermind Paul Burks sat in his office each day and told the system to use new affiliate money to pay out existing investors.
Now, almost two years later, another scheme that promises a >100% 90 day ROI is also claiming the source of their ROI funds is “proprietary”.
Under the guise of charity, Worldwide Solutionz accept $25 investments from affiliates and promise a 160% ROI after 90 days. Affiliates simply deposit their money with the company, sit back and passively wait to collect their return.
In the company’s own words:
Your $25 became $40 while you were working on … Oh that’s right, you don’t have to do anything at all to earn this or make it happen.
Just purchase, relax, enjoy, rinse and repeat.
As I understand it, Worldwide Solutionz use US-based payment processor iPayout to handle their affiliate’s money. This naturally includes deposits made by US residents, but whether the company has registered their securities offering with the SEC though is unclear.
In any case, naturally people are curious where Worldwide Solutionz ROIs are coming from. Thus far the only answer provided has been a long list of alleged business sectors the company is involved in.
Well aware of the games these schemes play, I myself requested specific information from company owner “Marelize“:
Dollar for dollar, if I dumped $25 into your lap tomorrow where does it go and how would it turn into $40 12 weeks later?
That was on March 15th and to date I have not received an answer.
Since the brief exchange however, Marelize has begun instructing her affiliate investors to
tell us about any negative reviews and comments regarding WWSz.
Please do not attack the reviewers or attempt to defend, as this opens up marketing opportunities for people to abuse our good record in order to draw attention to themselves for their own purposes.
Regarding people who are distrusting or worried – just give them space and leave them be. We are not going to bend over backwards for people who want to make demands for information beyond that offered and made public, or for privileges outside the scope of membership as offered.
The “scope of membership as offered” of course being “pay us your money and accept our vague and non-specific explanation about where the money comes from”.
Evidently I’m not the only one asking Marelize difficult questions though. In a recent email Worldwide Solutionz told affiliates:
We have a proven business model that is fulfilling our intent to provide a way for individuals both online and offline to generate meaningful income for themselves and the people in their care.
For those who want to insist on details of exactly how we do this, exactly who our business contacts are, exactly what products are involved in the small businesses, exactly how we manage the finances, exactly how the whole thing is put together, to those people we must kindly say:
Thank you for your interest, and thank you for understanding that this is our business. We have built this business over the last 15 years and we are not going to give away the keys.
To that end, WorldWide SolutionZ reserves the right to hold private any and all proprietary information as is customary for all business entities.
Paul Burks couldn’t have put it better himself.
Meanwhile I’m not sure what “business entities” Marelize is referring to, however as I understand it it’s certainly not “customary” for people to deposit money on the expectation of a 12 week ROI, and not be told explicitly where or how the money they receive is generated.
Demanding Worldwide Solutionz be extended the same courtesy high yield investment programs and “get rich quick schemes” receive from their investors, Marelize reasoned:
requesting and demanding things from us that would never be asked of HYIP’s and get rich quick schemes is inappropriate to say the least, and is a colossal waste of our time.
Well, that obviously settles it then. Definitely nothing suss going on here folks…
Seems perfectly legit… I guess the ROI just “fell off the back of a truck.”
Ponzi scheme is a proven business model, albeit an illegal one.
You need to come join me at MMG in the WWS thread. It is a hoot.
We have Cyber Ceo who is the mod and trainer, and who was the mod and trainer in JBP/JSS-Tripler. I’m not especially loved over there, but you have to go listen to Marelize explain where the money comes from to pay people. That is if you can manage to sit through the pitiful recording and lousy sound and her inability to hold a rational thought.
She can’t even follow the script, but Cyber Ceo proclaimed it to be her best ever conference call, and any rational or sane person would know it was not a Ponzi. Of course he is trying to keep it quiet that he was the mod and trainer in JBP. I made reference to it and he got the post removed. LOL!
Of course all the ‘faithful’ ate it up and proclaimed she is a genius, what a visionary and the usual sheep mentality.
I asked a few simple questions, but was told I had to ask those of Marelize in an Email as she didn’t have time to answer them on the forum. HUH? No time to answer them on the forum, but can in an Email? LOL!
Then she makes this long post saying nothing, but didn’t have time to answer basic questions.
I did listen to the whole call, and while it was a total waste of time on one hand, it was chock full of absolutely incredible statements with absolutely no proof of any kind any of it was real.
Keep the heat on them as this is going to crash and burn before very much longer. It is not gaining any new ground and of course they all blame me for my negativity. LOL!
If anyone wants to listen to the conference call, which I want to make sure that I quote Cyber Ceo correctly said, and I quote:
“There is NO WAY a [ sane , reasonable ] person can listen to that conference & say WWsz is even remotely close to a ponzie , HYIP or any of that nonsense that the trolls are falsely alleging.”
You only need to listen up to about 22 minute mark to learn how this great program makes money, (cough, cough).
@Lynn
I don’t think I’ll be signing up anytime soon. The amount of deceptive BS at that gets published there is mind-boggling.
That thread is too ACTIVE, e.g. by people posting “Thank you, Marelize” comments. It will only be a waste of time.
“Thank you, Marelize” is the wrong type of audience.
“Right type of audience” is normally people asking questions about something, where you can contribute with information they potentially can be interested in = where you can “blend into” an existing dialogue. Or else comments will often become monologues rather than dialogues.
Sorry, I was being a little tongue-in-cheek in my invite. Some are listening, but you have to understand the rules there.
When I, or someone else, posts facts exposing WWS, they have to have a rash of rah-rah, what a wonderful woman she is, how grateful they are, what a wonderful program it is, thanks for payment, etc, etc. to try and bury the facts.
I let them have free reign for a while, then jump in and ruin their party. LOL! I post there in blue font. Now Cyber Ceo is posting in the same color font. Well, they do say that imitation is the best form of flattery, so I am honored.
But there never is a dull moment there, but now you know (cough, cough) how WWS makes its money to pay the members straight from Marelize mouth. No written reply from Marelize required, which she will never do.
What is MMG?
I need a legit business I can get involved with to earn extra income from home. Which is available to the rescue, please?
It’s unusual this scam MLM even allowed comments during the call to begin with, most of them use the listen only mode – they must be new and probably aren’t doing this any longer.
The recording is no longer available, but I agree with them that they are not a Ponzi or HYIP, because they are an illegal pyramid.
However, I do agree we should be fighting the fight on their turf, with the exception of Amway, of course, owing to my agreement with them. Flailing around on this or any other outside blog has very limited impact.