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Now can the Legal System close down Zeek Rewards pertaining to being a Ponzi Plan?
Posted on March 15th, 2012 No commentsSince I was a week ago introduced to Zeek Rewards and after listening to what they do, their pay schedule and what they are delivering it brings back thoughts and reminds me of the exact system I was involved in years back through this corporation out of The state of Florida named ASD or Ad Cash Daily.
So is Zeek Rewards a Scam? Should Zeek Rewards indeed be terminated exactly like ASD did with regards to being illegal?
Sad to say a whole lot of these programs come together and their representatives put out bogus statements which ultimately get the MLM corporation in huge challenges. Many regarding these promises may be accurate and some of these claims may possibly not end up being legitimate with Zeek Rewards, never-the-less everyone will probably have to hold on and see.
From just what is being described out there much of what Zeek Rewards pays their distributors sounds a lot like the moving of cash not having a products or services. Anytime a corporation or person moves capital without any product or service, where women and men might obtain any kind of return on investment without any good or product being swapped – this specifically is what is considered a Ponzi structure.
Zeek Rewards can be described as MLM firm whose parent company is called Ziegler which can be described as penny auction web-site.Reps get involved and bet on a penny auction sites which offers people money saving deals. These terrific specials and the bidding ends up being somewhat habit forming where buyers might get hooked on the actual bidding activity just like how you may become hooked on gaming.
The main problem with Zeek Rewards at the moment is that a few representatives are delivering a number of really wild mega money remarks with very little recruiting or sales. These individuals actually are declaring that all you must do is actually place advertising throughout the internet, on a billboards or simply speaking to a close friend. Accomplishing this can secure a person credits for his or her auction site and/or generate income.
As a result of most of these claims together with the potential legality of the Zeek Rewards comp plan, things are actually getting a little controversial at the current moment.Is Zeek Rewards an Illegal Ponzi Scheme? You do not have to be involved with a Multilevel marketing organization which may have legal problems
Zeek Rewards is already getting themselves in a bit of hot water. Recently Zeek Rewards had to appoint not only one but 2 top rated Multilevel marketing Law offices in order to get them back from what was clearly likely to be a interview with the US Government. They have already recruited a good MLM compensation plan constructor that will help seek out some adjustments to the Zeek Rewards pay plan so the actual structure does not appear quite similar to a Pyramid program or maybe as financial investment plan. They will additionally have to carry out a little backtracking and caution representatives to yank some of the video clips which were on YouTube for they were not within compliance with a legal Multi level marketing compensation plan. Additionally the possibly they might be part of proof that will establish that Zeek Rewards might be a Ponzi scheme.
Zeek Rewards will need to moving swiftly to make the specific program correct nevertheless they are currently under the eyeball of suspicion. At this time the situation is appearing very much like a Ponzi scheme, that was the precise cause why the US Government shutdown ASD back in 08. These kind of promises where people can get in and perform almost nothing and have payments transferred is basically a major red flag if someone really wants to call attention by the legal system and be researched as a likely Illegal ponzi scheme.
No matter if Zeek Rewards is or is not a Illegal pyramid scheme, often the Attorney General can nevertheless shut you down even if there’s a slight similarity of any kind of Pyramid scheme. In my mind Ad Surf Daily was not a Ponzi system however in the actual minds of the Lawyers they did in fact shut them down and individuals sacrificed a lot of money. Consequently clearly a message regarding caution to look out and be attentive to this Zeek Rewards program because it is similar to and looks extremely familiar to a possible Ponzi scheme.
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