Ballin Zeek Rewards
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- | One of the | + | One of the even more attractive top qualities of a Ponzi scheme is that for incredibly little work, if any sort of at all, members can easily earn a substantial return on their investments. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Scam] |
- | Splice this in with a | + | Splice this in with a Multi Level Marketing settlement strategy and let the word spread virally with the business as well as eventually you're bound to bring in the attention of additional providers functioning in the same field. |
- | With no | + | With no cords affixed membership a good idea, it's no secret that countless Zeek Rewards affiliates are entailed mostly in some other MLM options that for some, prohibited the cross marketing of another possibility to their existing downlines. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Top Team] |
- | The stricter of these affiliate/distributor | + | The stricter of these affiliate/distributor arrangements also forbid the mere participation in another NETWORK MARKETING provider completely. |
- | + | Nonetheless, as VIP point balances well up those playing the multi-opportunity stakes in Zeek Rewards and additional providers are no doubt finding themselves in the tough position of considering up their key MLM business with that of Zeek Rewards. | |
- | Simply put, it's tough to | + | Simply put, it's tough to dismiss the returns Zeek Rewards pay out daily for what may simply be deemed passive investment profit ( by means of acquired customers and also ad placing hands free operation). When you compare this to a standard sales based Multi Level Marketing chance that counts on real consumers (not gathered email addresses where the owners do not also know they have actually been signed up and do not need to in fact purchase anything to be calculated as customers), it does not take long for the Ponzi'esque returns to overshadow the profit derived from a legit chance. |
- | With this unfortunately the | + | With this unfortunately the inevitable occurs and Zeek Rewards associates look to their very own existing downlines in an attempt to expand their Zeek downlines. There's no quicker way to raise your own financial investment returns than to convince individuals you recognize to even invest and experience the passive percentages this creates. |
- | + | Eventually enough members are involved in several business that management could no longer dismiss queries from their arena as well as in the most extreme cases, also discover themselves being gotten in touch with to make a public statement on the chance in question. | |
- | 2 days | + | 2 the first days such executive was Monavie's Chief of state of their North American as well as European markets, Randy Schroeder. |
- | Blasting Zeek Rewards on a July 16th Monavie " | + | Blasting Zeek Rewards on a July 16th Monavie " Authority Mentoring" telephone call, Schroeder ( that credits himself as being "one who has extensive knowledge of the ( NETWORK MARKETING) industry") declared that Zeek Rewards was a provider that " appears and also vacuums people into a trail that develops into a path of devastation". |
- | + | Mentioning numerous requests "over the past a number of weeks seeking his opinion on Zeek Rewards ( theoretically from Monavie affiliates), Schroeder ( pic above) proclaimed on the 16th that Zeek Rewards is " forbidden, a pyramid system ( as well as) probably a Ponzi system". | |
- | + | Clarifying on why, Schroeder states that "one of the very best methods to anticipate the future is to carefully and very study the past". He then takes place to reason that | |
- | + | providers whose settlement methodology is even by remote like the means people are settlement in the program called Zeek Rewards, fallings off way outside of the FTC rules in terms of just what's genuine in the multi level marketing or direct selling business. | |
- | I | + | I mean method, method, way outside the rules. |
- | My hunch is that Schroeder is | + | My hunch is that Schroeder is speaking especially pertaining to internal intake and that in its current sort ( and also for the past year and a fifty percent), Zeek Rewards has operated with around ONE HUNDRED % inner consumption by way of affiliates purchasing bids to award. |
- | As soon as these bids are | + | As soon as these bids are presented, or unloaded onto customer bank accounts ( developed with an email address, and also in numerous instances where the owner of the email address has not enrolled themselves or is even aware they are being joined to Zeekler, Zeek Rewards's dime auction arm), the Zeek Rewards associate who gave the bids they themselves purchased away, at that point takes place to get a 90 day ROI on their bid acquisition. |
- | The most | + | The most noteworthy company Schroeder examines Zeek Rewards to might of course be Advertisement Browsing Daily, a Ponzi scheme that offered outrageous returns declaring its members were acquiring advertising. |
- | In Zeek Rewards, the | + | In Zeek Rewards, the provider declares its members are buying cent auction bids as well as delivers similar foolish returns, thought to be by and large cashed by affiliate funds. Zeek Rewards refuse to clarify if this is the case and/or release documentation verifying otherwise. CEO Paul Burks claims that the make up of the daily ROI that Zeek Rewards pays is a " exclusive secret". |
- | Based | + | Based on this, Schroeder closes out that Zeek Rewards will certainly " concern grief in the fairly near future, not far in to the future", |
- | I | + | I assume when individuals are being inquired to spend ten 1000 dollars in to a course with the idea they have to do no work however will certainly receive exorbitant returns, is shouting out in advance: " Do not do it, do not do it, do not do it, do not do it!" |
- | + | And yet so appealing is the idea of rapid funds for which one need not work that alot of people are receiving vacuumed into that trail. | |
- | + | Now I would definitely just to offer you all my word of caution, it's gunna blowup, it's gunna be an unsightly blowup, it'll possibly take place sooner not later on and it will certainly leave a route of devastation behind it. | |
- | It's prohibited, it's a pyramid, it's | + | It's prohibited, it's a pyramid, it's probably a Ponzi program, it's going to get stopped-- do not obtain scooped in to it. |
- | Bring | + | Bring more weight to Schroeder's words is a quick look at the kinds of people the Multi Level Marketing penny public sale niche has enticed thus far: |
- | Zeek Rewards-- it's | + | Zeek Rewards-- it's no secret that countless of the top earners in Zeek Rewards were leading members in the Ponzi scheme Ad Browsing Daily. Most likely a decent portion of the preliminary financial investment seed money pumped into Zeek Rewards came straight from Advertisement Surf Daily |
- | Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a | + | Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a past with being involved in seaward earnings opportunites that highly resembled Ponzi programs. Several other founders exist, having said that they are shrouded in secrecy with Bidify to day not disclosing the particular commercial framework of the business |
- | Bids That Give-- CEO | + | Bids That Give-- CEO and creator Randy Jeffers has actually had many different NETWORK MARKETING businesses stopped by United States authorities |
- | The most | + | The most recent NETWORK MARKETING dollar public auction to pop up on my radar is 'Igobidwin' ( additionally being industried as " Worldwide Paradigm Change", "Ultimate Strength Profits", "Power Profits", "Spinfinity" as well as "MyTurnOnTop"), which is being introduced by GlobalOne Providers LLC. |
- | Not much is | + | Not much is recognized at this point (the company is expected to launch at some point in the next few weeks) yet there seems potential ties between GlobalOne Companies LLC and also the pyramid program feeder OneX. |
- | + | Members of Igobidwin that purchased their membership via bank card, noticed they were being billed by 'SIGNATURELIFE QLX', the same provider that showed up on OneX member receipts. | |
- | OneX was a feeder in to QLXChange, which in turn fed | + | OneX was a feeder in to QLXChange, which in turn fed associates into a world of shady closed-door financial investment options, with involvement just allowed if a non-disclosure agreement was signed. |
- | At the end of the day whichever | + | At the end of the day whichever NETWORK MARKETING cent public sale you're thinking about, they all operate on the fundamental concept idea that associates invest $ x, have some sort of virtual currency points then obtain an effective ROI) $ x based on just how countless points they have, with the points lapsing after a specific time period. |
- | + | Associates can easily of course boost their points (and efficient ROI) by re-investing the returns the company pays daily, and/or recruiting new investors ( associates) and receiving them to put in. | |
- | + | Close to ONE HUNDRED % of the income created by these business is through associate acquisitions ( financial investments in bids with the sole buying incentive being to switch them into points for the day-to-day ROI gave) as well as thereby the exact same is true of where the cash these business are paying out comes from. | |
- | This alone is sufficient analysis of the | + | This alone is sufficient analysis of the usual central company design used by Multi Level Marketing dollar public sales (you won't ever view one of these launch that simply pays out typical commissions on the sale of cent public auction bids, because there are no legitimate retail clients), however when you consider that is included at the top levels of the business in the specific niche, either at a administration degree or as best earners, the work is on the wall. |
- | No doubt | + | No doubt attempts will certainly be made to just brush off Schroeder's comments as "jealousy", " negative thoughts" or additional prideful labels, having said that bit can be pointed out to refute his claims. |
- | I | + | I mean you can do the whole pseudo conformity song and dance as well as \* winkwink nudgenudge \* call a wolf in sheep's garments a zebra, however functionally this modifications nothing. |
- | No matter what front | + | No matter what front business you attach to it, no matter what you call associate investments as well as no matter just how tough you penalize your members for using financial investment jargon under the guise of " conformity", an income chance that pays out returns (guaranteed or not) based upon just how much seed money a new members administers into the system, which is made up of the money brand-new and existing associates have actually both initially put in and also continue to re-invest so about grow their daily returns, is a Ponzi program. |
- | + | How anybody who has been or is involved in the home based business business for more than 10 moments and could love the concept of selling products to genuine retail consumers as well as earning a percentage on stated sales can easily think otherwise, continues to baffle me. | |
- | You may hear Randy Schroeder's | + | You may hear Randy Schroeder's opinions relating to Zeek Rewards in their whole underneath: |
- | Note that the above | + | Note that the above audio was taken from the July 16th Monavie "Leadership Mentoring" phone call which in its whole ran for 53 seconds as well as 38 seconds. Zeek Rewards was not touched on or described in the rest of the call. [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Review] |