ZeekRewards Ponzi Scheme? A Scam? Shut Down? Now What?
ZeekRewards Scam?
If you’re in the network marketing/MLM world, you should have already heard that ZeekRewards been labeled a Ponzi Scheme and has closed their offices.
I first read the report here of ZeekRewards closing it’s doors. After reading this post, I heard a slew of rumors on on what is going on.
Some say ZeekRewards is cooperating with the FTC while they do the investigation.
I’ve heard they’ve closed down all their offices after being shut down by the attorney general.
There are even “funny” rumors that the owners are half way to Costa Rica and the employees were seen leaving through the back doors with boxes of documents.
Either way, this is truly no laughing matter as people have tied their hard earned money into this company hoping for a chance to make some money. I have friends who have put thousands of dollars into Zeekrewards. I am here to help; not point a finger saying Zeekrewards was a scam altogether.
Why Was ZeekRewards Shutdown?
Zeekrewards has been under investigation for some time by the FTC as being a Ponzi Scheme. Could it be they don’t like the deals that ZeekRewards is proving consumers?
Wikipedia’s definition of a Ponzi Scheme is:
A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation.
Why I Didn’t Join ZeekRewards
I was going to join ZeekRewards. A friend stayed on me about getting in it and if I had the money at the time, I would have definitely jumped at the opportunity.
But truthfully, I had just got on board with MCA. Little on them in a minute.
I learn from Tyler Perry on being successful that you need to plant one seed at a time and let it grow then move on to the next; not plant multiple seeds and try to water them all. You’ll spread yourself thin.
For this very reason, I held off on ZeekRewards.
After hearing this report of ZeekRewards being a Ponzi Scheme, I’ve decided that I’m sticking with MCA because it has already allowed me the opportunity to pursue another business with the money I’ve made from it.
Now I’m not labeling it as a scam or ponzi scheme. I’ve read where the owner said this is a minor set back and they will be up and running soon. The people who make money using ZeekRewards are very confident the company will pull through this.
I hope so because if not, there are going to be a huge class action law suit along with an unemployment line sized crowd outside Zeek’s corporate office.
What is MCA?
MCA is short for Motor Club of America. It’s a program that offers over $150,000 in health, legal, security & roadside assistance SERVICES. You’re not getting in to only make money; you’re an active member with services that you call a 1-800 number to use.
The fact that you make $80 per referral is just an added bonus that can be used as a way to make a little money or turned into a home based business.
Get started with a good company like MCA
Motor Club of America has been around since 1926 and has an A+ rating with the BBB. With over 7 million members nationwide, they aren’t going anywhere anytime soon.
In order to become an associate of Motor Club of America, you must become a member which only costs $40. This $40 gets you instant coverage with the over $150,000 in benefits.
No more ZeekRewards
Even if this does blow over, I think a lot of people have lost faith in ZeekRewards. One reason could be you can’t just take your money out when you’re ready.
If you want to join a definite winning team, get a paycheck in the mail every Friday and make as much as 100k a year promoting a real service with benefits, then join the Motor Club of America.
Let us help you turn a small $40 investment into a 100k a year empire.
JoinMCAToday.org <<
Hi my name is Dennis Marshall (that's me) and I'm an internet marketer, entrepreneur & author. I'm here because I got sick of the "normal" way of living life. Working 9 to 5 for 40 years wasn't appealing to me at all. Why wait 40 years to attain what you can get in 90 days if you apply yourself? Sounds almost idiotic when you say it like that... I've done a lot in my life and still have a lot more to do. Follow me as I accomplish my dreams. Most people say "You Only Live Once" or Y.O.L.O. Well I'm trying to live twice. I'm gonna live the most remarkable like I can. If you wanna know more me, check out my 
8 Responses to “ZeekRewards Ponzi Scheme? A Scam? Shut Down? Now What?”
joao on August 17, 2012
No more Zeek rewards?
LOL u told u that???
As far as i know 7 of the 8 complains are answered and solve.
And further more there has not been any news release from either them or the ones investigation.
So how do u bold a NO MORE ZEEKREWARDS??
dream on
Zeek Rewards Who Didn’t See That Coming on August 17, 2012
[...] ZeekRewards Ponzi Scheme? A Scam? Shut Down? Now What? [...]
Dennis on August 17, 2012
Frankly Joao, I could care less what happens to ZeekRewards. I have nothing against them or their company but it’s a fact that a company with no goods or services in which people just throw money in are usually deemed a scam; or legalized gambling.
I wish Zeeklers the best but I’m just the messenger my friend.
Thanks for coming through
James on August 17, 2012
Being an insurance agent and actually involved with Zeek Rewards I think it’s laughable that you would encourage people to join MCA as a result of the investigation with Zeek. They are at two different ends of the spectrum for business opportunities.
Dennis on August 17, 2012
Thanks for coming through James. I must say I appreciate your insight from a business stand point. I don’t feel as though Im encouraging people to join MCA. I’m encouraging people to seek an opportunity with a reputable company. MCA just happens to be one.
2 ends of the spectrum? Do regular everyday people not need roadside assistance? Medical care? Etc… This is a service with an option to turn it into a business opportunity.
Wish you the best with ZeekRewards my friend.
james on August 17, 2012
If you have been ripped off, scammed, taken advantage of on any type of business deal, check this place out! http://www.clientsrfirst.com/
email: info@clientsrfirst.com
call 509-966-0359
Official Word From SEC: ZeekRewards Is A $600 Million Dollar Pyramid and Ponzi Scheme on August 17, 2012
[...] has been a lot of talk on and off the internet about ZeekRewards being a Ponzi and Scheme. Many Zeeklers are coming out defending the company saying it was a great way to make [...]
6 Ways I'm Raking In Cash From Home With My Laptop & A Cell Phone on October 1, 2012
[...] always remember is to never put all your eggs in one basket. Many people who were participating in ZeekRewards learned this the hard [...]