Zeekler is a scam, the only way to make any $$$ is to get people who or either desperate for money, or just plain retarded….

I am in the process of researching this company and I have to say that it is a real toss up.
This company passes a lot of the things that I would consider red flags.
It does appear that a lot of the complaints are from people that did not understand the program.
Anyway, I wish everyone the best.

This doesn’t sound much different than a program I got screwed in back in 2006.

It didn’t turn out well for that company. Take a look: http://www.sec.gov/litigation/litreleases/lr19579….

Notice a few similarities:

“www.12dailypro.com claimed to be a paid autosurf program — a form of online advertising program that purportedly generates advertising revenue by automatically rotating advertised websites into a viewer’s Internet browser. Advertisers purportedly pay “hosts,” which in turn pay their members to view the rotated websites. The Commission’s complaint alleges that 12daily Pro’s sale of membership units constituted the fraudulent and unregistered sale of securities under the federal securities laws.”

Zeeklers purports that most of their revenue comes from selling retail items at auction. My guess is that most of the commissions are coming from signups and selling bids that expire. Bids that are used to pay other people may be considered unregistered securities.

“According to the Commission’s complaint, the 12daily Pro website, recently ranked as the 352nd most heavily trafficked website, solicited investors to become “upgraded members” by buying “units” for a “fee” of $6 per unit, with a maximum of 1,000 units”

Man – does that sound familiar. Change the word units to bids, and the fee from $6 to $.65. Zeeklers

“12daily Pro promised to pay each upgraded member 12% of his or her membership fee per day for 12 days. At the end of 12 days, the member purportedly would have earned a total of 144% of his or her original membership fee, 44% of which would be profit on the membership fee.”

So you would get your money back with 12DP and make a 44% return in 12 days. That is like 3% a day. Zeeklers is a bit more conservative, they only offer a ridiculous 1.5% per day, or over 500% year. Nevermind that this is mathematically impossible after a certain amount of time, but hey, when your making money from a scam, who needs to use their brain?

“To receive the promised payment, a member purportedly must view at least 12 web pages per day during the 12 day period. The amount of returns that 12daily Pro would pay its members, however, was in fact dependent solely on the amount of each member’s investment, not on the amount of website-viewing or any other services rendered.”

Zeeklers – “All you have to do is post 1 ad per day!” I highly doubt they are making these returns by selling blenders over the retail price. Something tells me the SEC will find this program no different than 12DP.

“The Commission alleges that the defendants defrauded investors by operating 12daily Pro as almost a pure Ponzi scheme — using new investor monies to pay the promised returns to existing investors — in violation of the federal securities laws. The defendants falsely represented that upgraded members’ earnings “are financed not only [by] incoming member fees, but also with multiple income streams including advertising, and off-site investments.” In fact, at least 95% of 12daily Pro’s revenues have come from new investments in the form of membership fees from new or existing members. The other “multiple income streams” from advertising revenues or off-site investments touted by the defendants were either negligible or non-existent. In addition, undisclosed to investors, Johnson transferred more than $1.9 million in investor funds to her personal bank account since mid-2005.”

My guess is that you will find this to be similar when this thing comes crashing down after the SEC does their DD. Yes, I have forwarded ZeekRewards to the SEC. More of you should do the same here: http://www.sec.gov/complaint/tipscomplaint.shtml

If Zeekrewards is legit, then after the SEC’s investigation, they will still be in business, and you can go make your millions. Until that time, it is best to wait and see if they can pass the scrutiny test.

Zeek is working for me and I see honest returns after 1 month and the guys who brought me in have been in for 5 months and aren’t seeing any hoaxes. Now in response to Eric above he listed the wrong zip code and wrong street address for the company. It is 803 W. Center in N.C. and zip is 27292.. Way off Eric and wrong about Zeek being a scam..

As one said above it’s only people who haven’t been in that are crying scam.. All of us who have been in are not.. What does that tell you? Now to answer the fellow above that said he had trouble cashing out : He’s the same one who listed the bogus address, I doubt he was ever in as my affiliates are receiving monies when they request them over the past months.

Is Zeek Rewards a scam? I don’t know, but the SEC sure thinks it is. That’s why they shut them down. I got involved with Zeek Rewards about a month ago. Didn’t lose any money because my sponsor paid my way in. I do feel sorry for my sponsor because he was sold on it and had sunk over $8,000.00 of his own money into it!

Scam or not is really a moot point because the bottom line is that Zeek Rewards is shut down and there’s nothing you or I can do about it. The sad thing is that , once again, about a million people have lost their hard earned dollars to an alleged ponzi scheme.

Is everything on the Internet a scam? Of course not but, one never really knows so the best thing to do is to do your due diligence and investigate any offer thoroughly.