Zeek Rewards @ BehindMLM

When Troy Dooly from MLM Helpdesk mentioned that Zeek Rewards COO Dawn Wright-Olivares was going to appear on yesterday’s edition of radio show Aces Radio Live, I took note because to date any public appearance Olivares (or anyone from Zeek Rewards corporate) has amounted to little more than a thinly veiled PR excercise with little [Continue reading…]

As a result of our continuous coverage and analysis of the Zeek Rewards MLM opportunity here at BehindMLM, over the past few months several questions have arisen that to date have remained unanswered. Today we take you behind the scenes at Zeek Rewards and reveal some of the more pressing issues that have surfaced: Did [Continue reading…]

When Zeek Rewards launched in early 2011, the company did so guaranteeing a 125% ROI on any VIP bids purchased by members. Effectively you invested $x into the company and the company then guaranteed you a return of $x times 1.25. In Mid 2011 Zeek Rewards removed this guarantee and shifted the compensation structure to [Continue reading…]

At the time of publication of this article, Zeek Rewards claim on their website that in order to get paid, upon joining Zeek Rewards here’s what you need to do: Here’s How to Get Started: -Choose your affiliate level -Enroll a few friends as free customers -Enroll a few friends as free affiliates -Sell a [Continue reading…]

Roughly three weeks ago now Zeek Rewards members in Serbia, Slovenia, Belarus, Egypt, Croatia and Macedonia woke up to find their Zeek Rewards account deactivated. No explanation was given for almost a week, whereupon Zeek Rewards support staff started to mention “sanctions” were in effect for members in the six named countries above: We do not [Continue reading…]

I’ve been tracking this story since it broke about a week ago now, hoping that Zeek Rewards would put out a press release explaining just what is going on regarding the recent banning of members from six countries. Unfortunately despite banning accounts of Zeek Rewards members based in these countries over a week ago, to [Continue reading…]

After confirming that hundreds of thousands of dollars in fraud had occurred through Zeekler back in mid February, Zeek Rewards put out a press release advising its members that the company had implemented some ‘extra fraud detection measures‘ to deal with the problem. Zeek Rewards claimed that thieves have used hundreds of stolen credit card account [Continue reading…]

Two of the big buzzwords currently being tossed around the MLM industry are ‘compaliance‘ and ‘being compliant’. Or in other words, attempting to ensure that a company is legal and won’t be shut down for being a thinly veiled Ponzi or pyramid scheme. Typically compliance issues are related to US-based MLM businesses (or offshore businesses [Continue reading…]

Arriving hot on the heels of Zeek Rewards’ announcement that they were making some major adjustments to the passive investment side of their business opportunity, today the company dropped its 2011 Income Disclosure Statement. Spanning late January 2011 when Zeek Rewards launched till December 31st, the 2011 Zeek Rewards Income Disclosure Statement is certainly eyebrow [Continue reading…]

Despite all the talk about compliance and reassurances that Zeek Rewards is not an investment scheme, at the end of the day members could purchase VIP bids, give these bids back to the company (effectively serving as an investment) and receive a 90 day return on their points (the investment). This happened regardless of whether [Continue reading…]