Will Zeek Rewards Scam ? |

Will Zeek Rewards Scam ?

August 18th update : Zeekler shut down by US SEC. You’ll still find the following article interesting., especially the comments at the end.

 So really, Zeekward is a ponzi scam. Congratulations if you made money. If you lost, you learned the lesson right? Stay skeptic with HYIPs : always expect the worst because the joy ride is not forever. In my book , Zeek stands as the biggest online SCAM of 2012. Way bigger than any HYIP could ever be in fact. You can compare with Royalty7 if you like.

***

” But Frank, Zeekler can’t scam down ! I’m getting paid on time since more than a year ! ”   If you count yourself among the  executive affiliates, you’ll hate this article. If not, I hope you’ll welcome and participate in this discussion around Zeek Rewards. For our review : is it a MLM or a Ponzi ?

Because between you and me, the administration tries hard to dissimulate the investment nature of the VIP bids. At the end of the day, you invest in Zeek and get a daily profit.  Maybe you can answer this poll ?

Do you think Zeekler / Zeek Rewards can be a ponzi scheme?

View Results

Loading ... Loading ...

Thanks a lot for your anonymous involvement. You know, we’re all on this blog to help each others out ! Be certain that I’ll issue a full review about Zeekler this month. Prior to that, I thought it would be more interesting and dynamic to comment  the pros and the cons at the end of this post.

Really, if you’re new to this highly popular and internationally praised opportunity, I’m surprised. At least, now you know about it. Like most HYIP investors do, thousands of people joined as a Zeek Rewards affiliates without caring about the legitimacy of the scheme. Sure, a lot of people make a lot of money every week.  Does it matter to you if your profits come from someone else’s losses ?

After all, we stand as responsible adults who enjoy life in this competitive jungle , right ? Right…

With that in mind you do what you want . Even though I hate to see cheer-leaders around forums. Congratulations for your +1000$ monthly income ; I just hope you dare to present Zeek Rewards to your new and existing prospects as a shady investment scheme. More complex in appearance than the usual HYIP but still, the base remains the same.

So you’ll probably continue to ride the wave  as long as it can go. Guess what? Thousands of excited new people will join Zeek within the next months : the snowball effect. Today,  I wanted to start a discussion around this online-money-making opportunity so every privatehyipblog.com members can share their experience and concerns, positive and negative. You can imagine I get tons of e-mails from readers who ask about my opinion about Zeekler and the whole auction concept. Do you know what I know?

To conclude, you can say that I’m investing in evident ponzi schemes , which I use to call ”  HYIPs ”. So why am I questioning the legitimacy of Zeekler and not the one of HYIPs ? Because unlike HYIPs, a lot of people from around the world believe Zeek Rewards has a legal structure. Eventually, having a comfort zone with such underground ventures could be devastating for your finances, even if you cleared thousands of profit already.

Watch out behind the curtains. At the moment, not being skeptic about Zeekler is like burying your head like an ostrich. Again, this doesn’t mean Zeek Rewards won’t continue to make you good and easy money! All big and successful ponzi schemes have done that before. What do you think ?

Up next, I’ll answer a recurring question about how and why I use advertisements as a guide for my HYIP moves.

Stay tuned!

Frank

You can skip to the end and leave a response. Pinging is currently not allowed.

108 Responses to “Will Zeek Rewards Scam ?”

  1. Anonymous says:

    I don’t believe they will scam so soon. Too much money involved at the moment. If they do it will a while. Only thing I can think of them gains to many clients and folding. They seem to be trying to be legit but of course we as investors will always be ready to act on our doubts. So make the money now and make sure you diversify!

  2. GC says:

    Frank it is not that you talk without knowing, but I think on this issue you are absolutely off the mark. The big feature that sets ZEEK apart from the usual, even the quasi-legal breed, is its total adherence to legitimacy. Zeek is guided by some of the best legal practitioners in the States , who take care of adjusting the levers with every twist and turn in the laws to keep the company high and dry. I have sometimes felt a little irritated by the changes it kept making to sustain its legal character , but then that is what compliance and conformity is all about – particularly in America or Canada . We can discuss Zeek any way we want, but give it the respect it deserves.

    • Frank says:

      Sure I also welcome the legal turn they made back in March in order to adhere to the new US legislation. As a high yield investor, I also consider that such involvement and will for a clean business was a positive sign. At least, it gives some time to breathe and re-think the risk ratio.

      Because you understood that right now, I think it’s safer for my assets to take Zeekler as an investment. Not really a HYIP like I’m usually referring to because it obviously offers different features but still, I’ll adopt a similar approach. Not worth to risk any mortage or pension plan into Zeek!

      With that said, the legal stuff is work in progress. Why haven’t they put the efforts sooner ? Actual members will give them a break on this matter I suppose. Good intentions have always been charismatic.

    • Anonymous says:

      what say you now ?

    • James says:

      Sad most of you optimist do not use Frank for what he is, an expert in his field.

    • Phil says:

      HAHAHA Zeek, what a joke!!!! Hope everyone enjoed the ride while it lasted!

  3. Christopher says:

    Frank I really like your blog, but those “will xyz scam” articles are absolutely unnecessary in my opinion. I am not a member of zeek and I do not plan to be one in the near future. So I am no cheerleader. At least you could try to choose another title of those articles. I am not against polls. I am just against such titles who make people feel bad about a perfectly healthy program.

    • Nik says:

      it’s called marketing Chris, drives people to participate :)

      • Frank says:

        Haha I also don’t really like it . You know why I’m using the same title over and over again Christopher ? Because I’m testing a strategy to get more new people in the discussion from Google.

        I remember a GoDaddy girl telling me that when it works, do it again. Now I think I should stop putting water in the sauce hé ? ;)

        You see, I’m learning a lot with this blog. I have thought about it twice before using this generic title hahaha I’m just enjoying these experiements. Wooooooooo ! I’m getting into the Geek zone!

        • Christopher says:

          I know that this is the purpose Frank. But is it really the most important thing? I don’t think so.

          • Frank says:

            The most important thing is to make sure people here understand the risks involved with their businesses.

          • stanley says:

            All Frank cares about is driving traffic to his blog.
            That is the most important thing to him. He will write anything including deceptive titles and articles to achieve that.

          • LIVINGlife says:

            I agree with Christopher — there could be a better approach to get people interested in having good healthy productive conversation on your blog about a business opportunity without using terms like “scam”, which create panic and fallout.

            Frank, you could change it up…..unless its true (you are only interested in high traffic numbers} and simply don’t care about who it hurts to get there. At this point, I believe Stanley is right.

            By the way, you tend be involved in HYIPs, and I have been one of your followers….My question is are you a member of ZEEK REWARDS?

    • Liao says:

      Yeah ,

      Frank is in the habit of calling each popular program as Scam or potentially a scam. Every body knows death is sure but it does not mean we talk about death all the time !

      As I wrote in my previous reply to him on UINVEST scam warning article that Frank will write about scam of other popular website in which he is either under invested or got a miss !

      My advise would be to read his articles as an entertainment article rather than any serious view .

  4. Larry says:

    Hi Frank:

    I joined the Zeek Rewards program in November,2011 as a silver member. I’ve paid the $10.00 per month membership fee each month since and fulfilled my daily ad requirement to qualify for the ad pool revenue. To date, I have a 0 cash balance, even though I never took out a cent and they have never responded to an email to resolve the problem.
    The only reason I continue with the program is to see whether or not administration will address the problem and offer a solution.
    Larry

    • suraj says:

      see friend its work like that,your points mature after 60 days,so what you have to do is pay your membership after getting 60 day over so that your points will qualify you for retail pool that means each point is equal to one dollar,so if you are putting ads in 60 days you will get around 110-130 points,from which you can pay your subscription or cashout,its upto you

    • harel says:

      I think that what you are doing is totally not responsible. first, you keep paying your autoship (that’s what it is called in Zeek …) every month and not checking what is going on with your account ?? where is your sponsor ? sleeping on guard ? second, and just for your information …. the first three months all of your daily profits are going back to the system be repurchasing bids with your daily earnings. you can change that in the backoffice of Zeek. you obviously don’t know or don’t work the program right. you should learn what you are doing before doing ….. my advice to you is to start by calling your upline and asking him to teach you what the Zeek program is all about and how to work it right.

    • carol says:

      Something is wrong. You should not have a zero balance. Did you pay your monthly fee. Did you buy enough names to put out bids each month. Did you put your add in before the 24 hr. deadline? Do you understand the process: It took me a while and I did not believe it. But, I am working with someone who got me in and really helped me.

      Did you sign up on your own::: You need some information and help. When you sign on, there is a box that you can put your name and they will call you and you need to talk to a real person. You should be at about 800.oo by now if you did things correctly. I am still learning, but, I was much more than that at one year.

      If you wait, you will be so angry and loose out on a good thing. If it lasts 2 years or 5 or 10,,,you can be ahead. PLEASE call someone and be like everyone else…You will be so HAPPY…..It takes a lot of information (for me) to understand how simple it is, and I don’t get a lot of people on it…..I am at stage one……..making some money and understanding it fully……..Please call them talk to a PERSON or someone who is in it. Don’t talk to Jessee she is still learning.

      • Anonymous says:

        Clarify for me…
        Do you mean 0 “Cash Available” or 0 “VIP Point Balance”?
        If you mean Cash Available, you won’t have any but a few cents unless you’ve reset the repurchase %.

        The only way you would have a “0 VIP Balance”, would be if you haven’t given any sample bids away.In order to earn daily rewards in the RPP… you MUST put your ad in everyday and ALSO give away your Sample Bids. Without BOTH you can’t earn any VIP Points.

  5. Sam says:

    I am a Silver Member since May 2011. I paid $ 40 for investment. Now I get $ 400 per month.

    • Frank says:

      Very nice performance Sam! Congratulations for the profit.

    • 60yrbrat says:

      Sam, If you haven’t yet, you need to take the Compliance Course.
      Had you know that would know that words such as invest are not in compliance with Zeek.
      You buy Sample Bids to give away to your customers on Zeekler Auctions.
      With out purchasing these bids, you will not earn daily rewards in the RPP.

    • jussay says:

      Hii SAM, I registered last month as a silver members and putting ads daily(a few days not able to publish), I need some experience person, who can guide me to earn 500-600usd a month

      Any help really appreciate

      Kind Regards
      Jussay

      • Zach says:

        Hi,

        I’d love to help you. Please contact me via Skype or email zach(at) agilehg(dot) com

        I’m up to $200 per day after just over 180 days.

  6. Brian says:

    Keep investing pocket change in your joke hyips Frank, while the rest of us make fortunes in Zeekrewards.

    To compare this company to any hyip ever made is laughable.

    • Frank says:

      I totally agree Brian. Maybe JSS tripler and you might also remember Ad Surf Daily to compete with the level of organisation available at Zeekler. Older members will remember other massive MLM based HYIPs for sure.

      I’m issuing a warning on Zeekler because not everything is clear about how the profit are generated. Does your money really work or you’re simply paid by other members like in a Ponzi scheme? No verified proofs. It’s alright if you can live with that.

      Innocent until proven guilty. I’m not saying I will never join Zeekler by the way! Actually, I’m asking to be convinced that my money would work legally in Zeekler. Why? Because I want my readers to be aware .

    • Ralph says:

      I agree, because I’ve been in Zeek from April, 2011 with a total of $800 brought in vip bid points. And I know earn more than $15,000 a month with some weeks at $4500 a week from doing what’s required and also building a team. And I know persons who earn 5x my earnings.

    • Anonymous says:

      How is your big money doing now ?

    • James says:

      Hay Brian if all of you were making a fortune why did so many people lose money when they shut down. I am sure Frank will publish the numbers so u feel better.

  7. Marius says:

    Hi Frank. Thank you for reviewing Zeek Rewards. I am an affiliate and I asked myself the same questions 7 months ago. After being scammed before I have been careful joining new opportunities, to say at least.

    I joined Zeek Rewards and have had great success with it so far. I am in good profit and I can recommend people to look at it with the golden rule not to put all eggs in one basket.

    Even if they had some recent challenges with enormous growth worldwide and upgrading servers etc. They have always done what they have told.

    Even if I get annoyed sometimes with some maintenance downtime, I get paid and convinsted they are not scamming people.

    Besides Troy Dooley in MLM Helpdesk have posted a number of videos and personally attended on Zeek Rewards new Red Carpet event. He is also convinced this is not a ponzi.

    Thank you for your article Frank!

    Marius / Zeek Rewards Diamond Affiliate
    unisound7@gmail.com

    • Saro says:

      lol Troy dooley? so gullable my fiend. If you didn’t know everyone has a price, and that’s exactly what they did with troy dooley. They paid dooley a whole bunch of money to put in a good word for them. That’s business for you my friend. but i am a member of zeekrewards and everything is going wonderfully.

    • Anonymous says:

      Troy is a crook !

    • Jim says:

      Sucks to lose your money but even more so when you lost other people’s money.

  8. jessie says:

    Hi Frank,

    I have been in Zeek Rewards for 3 months, everything seems smooth but I do not know why I have to wait of 20 days when I request a my withdrawal, it takes long time for processing.

    Good luck to everyone.

    • Frank says:

      Thanks for sharing your experience Jessie. I’m in touch with people who have made more than 20,000$ since the last year. No doubt that Zeekler delivers big bucks on time. Maybe you should ask the administration directly ?

    • carol says:

      What are you doing pulling money out after 3 months?????? It takes 90 days for a “cycle” and you might wait until then. What are you collecting? If it is under 10.00dollars, I double that you will get anything until your profit is 10.00 dollars. Did you buy names???

      They do not send checks out anymore but do nexpay and 2 programs to have your money placed into your account.

      Do you understand the short and ong range plans. Did you put in more than 100.00 to start: Or, did you upt in a much larger amount so as the profit will grow quicker. I think you need to call them or someone to help you understand the program and use it the way you would like and get a little more understanding. It took me a while, but, I started out at 100.oo waited 8 months, put in an amount that would retire me in a couple of years….and I am looking ok. You also need to know some personal money management and life goals. To collect after 3 months says to me you are not looking ahead, but, a little info would make you really a get there . Information is power, now just a few bucks. Good luck.

    • Anonymous says:

      Jessie, have you actually received funds yet?

  9. Cellphone says:

    I don’t think it is but you never know. Best to always be careful and remember that it could happen.

  10. Mr. Ambuldog says:

    Do you even now what drives Zeek Rewards ? It’s an online auction, the original business is about 14 years old. Bottom line is you place an ad online every 24 hours and share in their revenue. It’s not complicated to understand and very easy to participate.
    Example, they auctioned off a 2011 Mustang, retail 20,000, the person who won it spent around 100.00 ( a 1.00 for each bid ) he won it for 4037.53 or there abouts, he took the 20k instead of the car. So, the auction made roughly 403,753 dollars less the 20k to the winner. The auctions are 24/7 either .65 per bid or 1.00 per bid, all name brand merchandise. do a search foe Zeek auctions and you can se for yourself how much income they take in.My only concern is if it can sustaian itself if they keep on signing up affiliates they are gonna have to generate more sales or the pot will get smaller.

    • Claude T.Jacquet says:

      I joined “zeek Rewards” in October 1,2011 as a Silver,I only paid the $10.00 fee for 3 months,now I am making 353 dollars a day,and I already withdrew more than $3,000,I can’t complain,I also have 14,000 Bids.

  11. This is a blog that I knew was soon coming…funny thing is that I asked Frank if Zeek Rewards was a HYIP about a month ago. When I never got a response, I figured it wasn’t, and since then I became an affiliate with them as Free, then ugraded to Silver, then upgraded to Diamond, and then downgraded back to Silver. In the short time that I’ve been an affiliate, I’ve peeled away at the Onion which is called Zeek Rewards, Zeekler, and pretty much everything Zeek, and have determined it thus far as legit. As explained above by someone, they have gotten the best of the best in lawyers to make sure they are in compliance. As for one of Frank’s concerns which seems to have not been acknowledged is, “don’t we feel bad about making money at the expense of other people?”…There about 300 penny auction sites, Zeekler proposes no difference other than they share up to 50% of the daily profits from not only the Zeekler penny auction, but all cash generating activities. For the record anyone pitching Zeek Rewards as an investment is in direct violation of their affiliate agreement and should be reported to the company. Now for the only negative thing that I have in regards of Zeek Rewards is they’re growing pains, which is a good thing, but after AMBulldog’s comment, it dawned on me that the bigger they grow in regards of affiliates, the more hands in the pot…Great Observation. So in reply to will Zeek Rewards Scam, absolutely don’t think so. As for any MLM or Opportunity do your due dillegence and start out with an affordable amount and reasonable time commitment. As for Zeek Rewards, I believe it’s the most inexpensive biz opp out there requiring the least amount of effort. In closing, Frank be prepared for your fair share of angry Zeek Reward Affiliates, which I’m sure was the reason for such a time proven title, which no one can disagree Works! Let’s face it Howard Stern had more viewers who disliked him than ones who actually enjoyed his live radio show! For those who know Frank from his many other reviews will come to see that he is Like Howard, he says what other people are thinking but don’t take the time to write about…Keep up the great work Frank, and Fellow Zeeks, take it easy, afterall it’s a review, just vote above No, and give your supporting testimonials which proves that Zeek Rewards is and shall continue to be a great way for the average online marketer to play on an even playing field.

    • Frank says:

      I agree Xavier, Zeekler is not a HYIP. It’s more an hybrid between MLM and an investment scheme, even if the administration don’t want you to consider VIP bids as investments. A lot of turns and detours to the same result which HYIPs offer : get a daily profit on the money you risk.

      My problem is : a lot of people believe their money runs not even the shadow of a risk. This can lead to very bad surprises.

      When Zeekler will have proven to be 100% clean, especially with the way the profits are generated, I’ll be the first to applaud. Right now, I see the tip of a potentially huge ponzi scheme.

      So if I was a member, I wouldn’t risk the house on Zeek. Be responsible and play with money I can afford to lose. And sure ! Zeekler has been the best income opportunity, and a very lucrative one, for a lot of people around the world. Is that a reason to believe it’s not a ponzi?

      There’s more around the bone.

      • Todd says:

        Frank,

        I read your article and I was amazed reading through the post that you have not even placed $10.00 in the program to see if it works before you condemn the program. It has a MLM part to it and no one is stupid enough not to say it that would be where thhye promote the 2×5 forced matrix. Not being in the game is like armchair quarterbacking and as a coach those are the worst for me to be around. You are great at cutting down a performance but you say you are afraid to get into the water. If $10.00 is to much for you to start with I would question your advisement. If you got in and the $10.00 was gone you might have a point. Last time I checked is that the IRS doesnt come in my life for me to join a program for $10.00

  12. Bill says:

    Zeek is not a scam and is not, in my book, a HYIP.
    The reason is that they have a real business that makes money to fund the commissions.

    Not a Ponzi scheme. They don’t have to rob from Peter to pay Paul because they sell real stuff and make real money.

    The $20,000 mustang that sold for just over $4,000. Zeek made a lot on selling $1 bids there.

    It is not a get rich quick deal. There is effort that one puts forth to build their home based business.
    Anyone who tells you otherwise is not being truthful.

  13. SoCal says:

    Zeek as we know it now was not born out of a genius, it was serandipity. A bit over 2 years ago Dawn Wright-Olivares mentioned to Tom Burkes about adding a Penny Auction software to his online Mall. The combination is financial dynomite!

    The Penny Auction generates so much cash on each and every transaction as explained above, then how the MLM Business Opportunity supports it by selling the VIP Bids that are nearly free Advertisements to the Auction site completes the growth cycle that repeats perpetually. That is a retty amazing balancing act…that simply WORKS!

    I started on March 20th, 2012 with $3500., based on seeing others making a lot of money weekly. Then I showed it to my CPA and he said this Company is built to last. I added another $6500. Still, now that I have over 30000 points, I am withdrawing my original 10k according to plan, and I will still be along for their explosive growth going forward. My Sponsor is making $40,000 per week and next month it will be 50,000!

    Stay cool…

  14. I’ve been in zeekrewards for some time and until recently I’d have given it a 10. For reasons I do not know it seems to be at the very least having serious customer/affiliate – company relationship problems. When I started a support ticket was answered within an hour. Now I have tickets sitting there for weeks without any answer. The live chat takes up to 2 hours to get attended and then they leave you without chatting. Worst of all I’m not getting paid commission. I don’t believe Zeek is a scam or a ponzi but there are a lot of bad things that could eventually blow this ship out of the water.

  15. candy says:

    we are subsribers and not members of zeekrewards and we buy sample bids not investment. we drive traffic to the penny auction,store and shopping daisy

  16. candy says:

    let us be and those that don’t want to be a zeek geek .JUST KEEP IT MOVING

  17. candy says:

    ZEEK GEEKS PLEASE KEEP YOUR PROFITS SILENT AND KEEP CRUISING.DON’T PROVE TO THE WICKED.WE STAND STRONG

  18. dave7680 says:

    Has anyone experience any problems withdrawing funds from their zeek account?

    • Jean says:

      To Dave7680, I can withdraw easily, but I have not been getting the checks as scheduled for the last three pay periods. For example, if I request seven batches (for 7 days), Zeek would send me 4 out the 7 and zeek has not replied to my emails or tickets regarding the issue.

  19. K. Chang says:

    Ah, a guy who sees ZeekRewards in its true “glory”.

    I’ve long explained (since April) that ZeekRewards EASILY passes the Howey Test in the US, thus it *is* an investment.

    You give it money. (Buy bids)

    It gives money back to you in dribbles, hopefully a little more than you put in. (profit-sharing)

    Yet it hired a bunch of corporate lawyers and told every affiliates “stop referring to us as an investment or we terminate you”

    That’s fraud right there. :)

    Though you must admit, marrying HYIP to a real business is kinda genius.

  20. Don Young says:

    Are you allowed to post the check or take a picture of your earnings?

  21. Mark Day says:

    Hi, I am the Managing Director of a transport company in the UK. With the current economic climate i started to look for alternatives and was introduced to zeek rewards through a freind on facebook from Canada. As usual i was skeptic at first until she showed me her back office and the income it was generating. A simple spreadsheet showing how to invest a paltry $100 per month and with NO dowline that would turn into a residual income of $4200 per month after only 20 months. Yes i joined and within only 2 months is looking very healthy and the beauty of it is that we have fully automated it so all i do is spend 10 minutes a month to transfer cask available into points ( or shares is the easier way to look at it ). Any other skeptics out there that would like to put their mind at ease please feel free to contact me at uksamedaycx@gmail.com and best of luck to everyone already in it. Mark

  22. Peter says:

    I’m afraid many of you are missing the point (Frank not included).

    Is Zeek a scam? Definitely not! Being a scam would mean that they are lying about their operation and after a certain point they will stop paying you the money you deserve. They have a complicated but comprehensible business model which can generate you (even a lot) more money, than you invest in it. From this point of view Zeek is perfectly legit.
    But it is not the most important aspect.

    Is Zeek sustainable? Absolutely not!
    “Well we must remember that VIP BIDS cost $1.00 and the minimum a customer can purchase is $25.00. When this customer has VIP BIDS they now have the opportunity to play in the Zeekler penny auction. If the customer decides to bid on an item, they will spend $1.00 and the item price will go up one penny. Now if we look at how this Zeekler penny auction is set up, many customers are bidding versus one another spending a dollar per bid. When an item finally sells, lets say at $50.00 the Zeekler penny auction site has really made $5,000.00! The customer also is very happy because he won a product way below the retail price.The price of the item may only go up one penny but people are spending $1.00 for every bid. When you fully understand this concept you can see how much money Zeek Rewards is actually making 24 hours a day seven days a week.”
    If you pay attention, a lot of people actually loosing money by the end of the day. Without doubting that the customer is very happy, there is 4999 $ thrown out of the window. That could be 4999 unsatisfied “customer”, or maybe just 499, but after a while they will cease to finance the model.
    Just imagine yourself in their shoes. You bought 25 bids for $25. And you spent them all without making a single purchase. Would you buy a 25$ pack again? Not likely. Or maximum a couple of times until you realize that a lot of people had to loose in order to have a single winner and a few dozens of happy faces stowing in the MLM pyramid.

    Zeek Reward is MLM. Furthermore it is indeed a ponzi scheme (as most of the VIP bid buyers are members of the pyramid who also want to get rich). You can make money at the top of the pyramid, but not for long. So while I don’t doubt the success stories of people paying $10 and receiving $400, I would never enter the low region of the pyramid. And please note while some of them may be true, many of these successful, supporting reviews just plain lies trying to attract you in their own domain of the pyramid.

    Frank said it clearly: “your profits come from someone else’s losses”. If you’ve been to Zeekler and/or read and understood their business model there is no way to deny that. It could still be good money, but not particularly ethical. Anyway, I’m not preaching just trying to pinpoint that such business model will fail in the long run. People will stop losing money and people will indeed quit from the low levels of the pyramid making their sponsors start losing money, etc.

    Sorry for the long comment, but I had to show you what is the core question aside from being legit.

    • Alex says:

      I registered and tried out the Zeekler auction site with my retail bids. Like you said I pay 1 BID everytime I BID on an item, which costed me one dollar.

      For example when the auction is at 250$ and I make a BID there and it goes to 250.01 dollar I still used only one BID, one dollar, not 250$.

      So basically it doesn’t matter what prize you are seeing there right now, as long as you have 1 BID on your account you can bid.

      In my opinion this.. how should i call it … opportunity, policy, where you can win anything for a few bids (=a few clicks/dollars) can be very attractive.

      For this reason i belive the company’s profit model is sustainable.

      Just ask yourself:

      - Do they have customers bidding? I see your point that in some ways it can be more lose than win, but … then why do people play poker, gambling on sport etc?

      They see that they can lose, but they see the potencials there. And thats it!

      “A guy from Hungary”

    • Melody says:

      Hi Peter, I really would just like one question answered. Are people ever going to quit going to casinos and gambling? Will there continue to be casinos and will they keep making money? People enjoy the fun and game of penny auctions. It’s a human nature thing. The company should keep on making money just like casinos as long as they keep doing the things that work. And they are simply paying the PEOPLE to advertise for them.

      One other thing that bugs me that I’ve heard is: Don’t listen to an affiliate of Zeek who is telling you that Zeek is a good penny auction to try out, because they are biased. Ha! What do they think all the other payed ways of advertising are? I will support the people any day over big corporations, thank you very much!

    • James Zempler says:

      Yes!

      Just like that Ponzi scheme called Social Security can’t last, because with so many people out of work and jobs being automated their will be no bottom feeders coming into the system to pay those who were in earlier. Do you write your representatives about this Peter?

  23. Stan says:

    You won’t make any money with Zeek Rewards. Why? Try this, go somewhere like inetgiant and search on penny auctions, you get back thousands of postings, that’s what you’re competing against.

    After 17 days of placing 50-100 ads, I didn’t get 1 hit. Not one person was interested in penny auctions. I only wanted to test drive this for a month at the lowest member level.

    And then I found out it’s impossible to cancel a subscription with Zeek Rewards. If you call their Help Desk, you always have 99 people ahead of you and then at some point your call gets dropped. Live chat is the same, you have 99 people ahead of you, then the chat box disappears and then reappears only to ask if you would like to initiate chat.

    All in all I would recommend staying away from these guys.

    • Alex says:

      You get paid to advertise not for being successful on your advertisement. Did you know that?

      And according to Zeekrewardsnews.com from this years August 01, the company will give out zeekler costumers automatically. From here you can 100% focus on advertiseing only.

      I recommend you to try zeekler support (you find it inside your zeekrewards office) and write them a ticket about your subscription cancel. Live chat and phone is indeed can be fatal. They always wrote me back within 48 hours.

      “A guy from Hungary”

  24. Anonymous says:

    I guarantee that zeekrewards is not a scam. There is a lot of misinformation being spread around in articles like this.

    If you’re seriously interested in the company please feel free to send me an email at marketmatty1122@gmail.com. I’m more than happy to help you with any questions and to get you signed up if you wish (it is invite only)

    Zeekrewards is an amazing opportunity to make a good income from home for just 5-10 mins of your time a day.

  25. kofi says:

    doubting, if i should join now..I may be too late

  26. Mr. Ambuldog says:

    No way Zeek is sustainable. Show me numbers.

    • Melody says:

      I really would just like one question answered. Are people ever going to quit going to casinos and gambling? Will there continue to be casinos and will they keep making money? People enjoy the fun and game of penny auctions. It’s a human nature thing. The company should keep on making money just like casinos as long as they keep doing the things that work. And they are simply paying the PEOPLE to advertise for them.

      One other thing that bugs me that I’ve heard is: Don’t listen to an affiliate of Zeek who is telling you that Zeek is a good penny auction to try out, because they are biased. Ha! What do they think all the other payed ways of advertising are? I will support the people any day over big corporations, thank you very much!

      • James Zempler says:

        Amen Melody,

        It amazes me how no one complains about the government ran Ponzi schemes, but when the little guy makes money for a change we bad mouth them, no wonder “We the People” never get ahead, we support the government in telling us what we can’t have.

  27. Peter says:

    I believe there is lot of hipocrites here, no offense :)
    The most important thing here is to see how things really are.

    First of all, i’m not a member of zeekrewards. I don’t think Zeek is either a scam or a hyip.

    1 – There are some people that:

    1.1 – for some reason didn’t believe Zeek could win this far and regret not joining when they were first introduced.
    1.2 – Talk about scams and blabla when they are not registered with Zeeks because they see things one way and apparently their become “experts” in Hyip analysis or whatever they may think.

    In resume, be happy.. if not for you.. be happy for others that are profiting with Zeek.

    Of course i don’t believe Zeek wont last forever, there are people that propably will loose their investment. But until then, there are lots of people profiting.

    And by the way.. you never see a post from a Zeek user saying they don’t pay, or for a jpb user, so.. be happy for them and stop crying :)

    Cheers

  28. Richard says:

    is it true that as from the 17th of next month, zeek will increase the subscribtion payment by the following. Because i know that those who will be paying the additional amount are people who are paying on subscription.

    Silver Subcription (US $39.95 now and US $10 per month, $29.95 Yearly) Includes all benefits of the Free Affiliate, but includes a full-service back office and 10% lower wholesale prices.
    As a Silver Subscriber you are also qualified to participate in the Pay Plan where you can earn generous residual commissions from the 2 x 5 “forced matrix” and share in the revenues of the company with our VIP Points.* Kevin Grimes Compliance Do’s and Don’ts, and the YouGetPaidToAdvertise Video Marketing System.
    - Finishing this subscription purchase up to 15 minutes after signup will give you an additional 10 bonus points

    Gold Subscription (US $79.95 now and US $50 per month, $29.95 Yearly) includes all benefits of the Free and Silver level affiliates, plus the ability to add your own departments and sell your own products!
    Wholesale prices are 20% lower than Free affiliate prices, giving you the lowest possible wholesale prices on all of the store core products. Plus, your earning potential
    in the Compensation Plan is even greater! Kevin Grimes Compliance Do’s and Don’ts, and the YouGetPaidToAdvertise Video Marketing System.
    - Finishing this subscription purchase up to 15 minutes after signup will give you an additional 50 bonus points

    Diamond Subscription (US $128.95 now and US $99 per month, $29.95 Yearly) Includes all benefits of Free, Silver and Gold Executive affiliates plus, full customization of your stores look and feel and you earn the
    largest possible commissions when you share ZeekRewards with others. Kevin Grimes Compliance Do’s and Don’ts, and the YouGetPaidToAdvertise Video Marketing System. Your residual earning potential increases to the maximum,
    and you share in the Diamond Bonus Pool!
    - Finishing this subscription purchase up to 15 minutes after signup will give you an additional 100 bonus points

  29. Richard says:

    please i need some explanation on that.

  30. Lavi says:

    Make your own money…follow the link above without brakes ()…

  31. Reggie says:

    Loving Zeek, withdrawing 2500 per wk and increasing!

  32. dawson says:

    Of course it is not sustainable! Anyone who thinks it is is a fool. If one person were to buy in with 10,000 bids and reinvest at 100% without drawing anything out then in 8 years they would have around 10,000,000,000,000 trillion dollars. Do you really think the measly few penny auction offerings they have can pay the equivalent of the U.S. National debt off.

    Now what if 100 people did that? It would bankrupt the world market. And in only a few years. Zeekhead fools!

    • James Zempler says:

      Dawson, why call these people fools, I bet you’re waiting to receive funds from the SS scam, are these people fools also?

      • Nostradamus says:

        Nostradamus says : in six month from now you’r kind will vanish faster then the speed of light ,but with a lightning strike in your as

  33. Richard says:

    Lavi

    i am creating some accounts under you

  34. Roger says:

    I signed up as a Silver member. On cool down, it appears that it is a “penny auction” in name alone, and is more of a Lottery, Bingo, Roll-of-the-Dice Gambling revenue generation and “revenue sharing” type venture.

    Historically, commonly known auction investment principles do not keep bidders money if they lose on a item being bid on. Unsuccessful bidders lose the bid (item) alone, not the bid/item, and their CASH.

    Also, the 65 cent to $1.00 (no refund) FINANCIAL INVESTMENT required for each bid placed is not an actual penny from each bidder, but registers and is credited as such VISUALLY on the “penny counter”.

    And to call the whole initial and also monthly outlay of personal wealth and time, for an anticipated income, a non-investment “revenue sharing” concept is…interesting.

    To me, it may be (cleverly) legal, but is it actually upfront and transparent in what it really is? It takes winning bid dollars, and losers dollars, to accomplish the “penny auction”, AND ESPECIALLY to have SURPLUS “revenue” to share with vested subscribers who INVEST their dollars for a shared return on the “revenue”.

    Yet…It is not an investment for the gambling bidder investors?

    It seems to be just another “legal” gambling investment venture, where ones can enrich themselves at others “gambled and lost” expense. But closely examined, is it truly legal and ethical in the way it is packaged, and sold, to the general public?

    For personal reasons, I’ve opted out.

  35. Maria says:

    The next few months will tell. One step to make this whole system more sustainable would be to put a cap on the top earners (some of them I’m in contact with are already doing over $7k per day!). If this doesn’t happen, I’m not sure right now Zeek Rewards will be around in 2013, even though there Alexa Rankings are still rising. Just my 2 cents

  36. Rauf says:

    I’m new in this business. Would someone please guide me about the first three months payment procedure. I physically paid 10 dollars to my introducer for the Silver subscription. Now, Will I have to pay 10 dollars for the next month too? And my retail report shows only bonus points as 118.35 as of today. No VIP bids available yet. Will I get them automatically or I’ll have to pay for them too?

  37. krsten says:

    Zeekler is the biggest scam out there today

  38. Anirban says:

    is it too late to join zeek now? Am I too late ? should I stay away now?

    • Jean says:

      Join Zeek only if you want to spend money, if you have a lot of patience and never have to contact Zeek.

    • Jennifer says:

      Anirban,
      I don’t feel that it is too late to join. My team and I are doing very well and the growing pains that Zeek was experiencing seem to be much better. If you have any questions, email me at zeekwithme@yahoo.com. I’d be happy to help.

  39. Jean says:

    Good luck with Zeek you guys.I am getting out asap. Zeek does whatever it wants, affiliates have no control over what’s going on.Every pay period,I miss a payment, which is never sent to me, from Zeek. Furthermore, Zeek’s customer service is joke in that the rep can never solve your problem.

  40. Bogdan says:

    I wait for a payment since 8/6/2012. This is not a good sign.

  41. Earl says:

    Looks like it was a Ponzi scheme after all, lol. The SEC has shut down Zeek Rewards.

  42. Anonymous says:

    THROW THEM INJAIL

  43. Anonymous says:

    I KNOW A LOT OF FRIENDS WHO THOUGHT THEY HAD 100,000 OR MORE. NOW NOTHING. SAME OLD PONZI SCAM

  44. Zeekrewards is officially scam right now.

  45. Jim says:

    It’s a Ponzi Scheme people. They used new investors money to pay the outrageous returns to you. When will people learn that if it’s too good to be true than it’s probably Bernie Madolf on the other end of the call.

  46. James Zempler says:

    I am not a Zeek Rewards cheerleader, but why do everyone seem to think that just because the government says something is a scam, that it is?

    The government do not want you to make money and will shut down anything that allows you to do so and we fall in line like little sheep for the slaughter.

    Someone wrote “Zeekler is the biggest scam out there today”, REALLY?

    Have you ever heard of Social Security, it’s the biggest Ponzi scheme in the history of mankind, but you don’t hear anyone complaining to their representatives about it.

  47. James Zempler says:

    What pisses me off about all of this is that so many really believes that the government really cares if people lose money in Ponzi schemes, they do not give a &#8@* about that.

    What they don’t want is for people to make money, why haven’t they shut down the casinos?

    As long as people are poor and need government assistance they can funnel money straight through the social welfare programs right into their pockets.

  48. christine says:

    These SCUMBAGS SCAMMED!!!

  49. Leveled says:

    I find it funny how Zeek Rewards is now shutdown for fraud, and how everyone that vouched for this company must feel so dooped. Be careful people lol.

  50. If anyone who has been affected by this ponzi scheme would like free information and videos on saving taxes from Ponzi scheme tax losses, please visit my website: http://www.ponzischemetaxloss.com/

  51. matei says:

    FRANK IS THE BEST, I’VE LEARNED SOOO MUCH ABOUT HYIP FROM THIS BLOG!!! FRANK’S OPINION IS ALWAYS TRUE!!! LONG LIVE FRANK!!! :-) )

  52. Manfred says:

    Rauf you are doomed and so the rest of you’r kind

Leave a Reply

www.privatehyipblog.com
Powered by WordPress & The Best MLM Companies