Zeek Rewards @ BehindMLM

Shortly after she pretty much admitted Zeek Rewards was paying existing affiliates with new affiliate money, Zeek Rewards’ Chief Operating Officer Dawn Wright-Olivares disappeared from the public spotlight. Whether she knew of not of the impending action against the company by the SEC, by the time they moved in to shut down Zeek Rewards Wright-Olivares [Continue reading…]

I never told anyone to invest more money than they could afford, I didn’t tell them to do that. Never. It’s their fault. Not mine. Don’t blame me. – Paul Burks, CEO of Zeek Rewards Amidst several ongoing challenges by Zeek Rewards affiliates who profited from the massive $600M Ponzi scheme, the court-appointed Receivership went [Continue reading…]

Harmless old small-town magician or devious mastermind behind the $600M Ponzi scheme that has devastated the MLM industry’s reputation? Despite a the secret recording of a detailed discussion with initial investors laying out in detail the history of the Zeek Rewards’ Ponzi scheme, the debate surrounding the extent of Burks personal involvement and awareness he was [Continue reading…]

One of the key factors in the perpetuation of the $600M Zeek Rewards Ponzi scheme was the company’s affiliates being able to deceptively advertise their accumulated Ponzi points as actual revenue. Despite the rhetoric about retail customers, publishing spam on the internet counting as “work”, the mythical success of the Zeekler penny auction and what [Continue reading…]

One of the hot topics that has been discussed ever since Zeek Rewards merged a penny auction with a MLM compensation plan has been the viability of the penny auctons themselves. Despite Zeek Rewards (the largest MLM penny auction company to date) claiming that their auctions were wildly profitable and able to support a MLM [Continue reading…]

All our critics (are) self-appointed with no standing in the professional community (and are) behaving unprofessionally by acting on false information. -Gregory Caldwell, “Acting” COO of Zeek Rewards on August 4th, 2012 Whilst much is still currently unclear regarding the specifics of Zeek Rewards CEO Paul Burks’ dealings with the SEC in the lead up to Zeek [Continue reading…]

If I were to disappear today, it’d probably be a long time before any of you even knew it. -Paul Burks, CEO of Zeek Rewards Following the collapse of the Zeek Rewards Ponzi scheme, much speculation has focused on the extent of the involvement of Zeek’s executive management. The SEC in their complaint claimed that [Continue reading…]

Zeek Rewards was first reviewed here on BehindMLM way back in September 2011 and just two days after my initial review (in which I struggled to see the attraction of retail customers to the business), I wrote a followup exploring the passive investment nature of Zeek. What has followed over the past eleven months can [Continue reading…]

Speculation has run rife over the past 24 hours following the surprise closure of Zeek Rewards home office in Lexington, North Carolina. It was originally believed that the North Carolina Attorney General might have ordered the closure but this was later denied by the NC AG’s office. Following this announcement, it was then reported by [Continue reading…]

Just over a week after the North Carolina Attorney General’s Office confirmed they’d demanded information from Zeek Rewards and had concerns about their business model, Zeek Rewards has pulled the plug on both Zeek Rewards, and Rex Venture’s Zeekler penny auctions: At the time of publication, Rex Ventures’ news blog ‘Zeek Rewards News’ and ‘Shopping [Continue reading…]