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wasn't this fairly new as well though?
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Zeek may have had a compensation plan that paid out on multiple levels in which there are programs out there that do this but these programs are not real network marketing companies. |
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I truly do feel for them and hope the reps do recover... |
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what happens to affiliates?
I read that a receiver has being assigned to give out some money to those affected
does anyone have any idea of how this works? I live in Spain and most of my downlines are young couples that just used up their savings,do you think they will get something back, no matter how small? |
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I'm not sure how the actual disbursement of funds will work but If you divide the funds available by the number of affiliates, it only comes out to a couple dollars each. |
Here is some information on Zeek found it interesting. I to lost some money with Zeek, I am glad it was very little and that I did not promote this site to family and friends. Reading about this has just sickened me. Paul Burks and is Co-scammers were true masters of their domain preying on others to line their own pockets....
ZeekRewards shut down by SEC as $600 Million Ponzi Scheme, What happens now and what should you do? http://www.sec.gov/litigation/compla...pr2012-160.pdf |
Glad I was withdrawing a big chunk since February! When I was able to create hundreds of bogus customer accounts to give free bids too, big red flags went up! Never had to give free bids to real customers NOR did we ever had to use up the bids. People were just piling up thousands and thousands of bids in their own account.
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Just because their system didn't catch you, was this an ethical thing to do? Could a program like this fail due to such unethical behavior? just seems greedy and wrong.
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Great information on the criminal activities.
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