Участник:Yan
Zeek Rewards declare business model is against the law
Despite all the discuss compliance and reassurances that Zeek Rewards is not an investment scheme, at the end of the day members could buy VIP bids, give these bids back to the company (effectively serving being an investment) and receive a 90 day return on the points (the investment).
This happened regardless of set up company gave bids aside or not and regardless of the company claiming otherwise, functioned as an expense with Zeek Rewards paying a regular return.
The problem was which with members re-investing their returns back into their point balances, it was completely unrealistic to assume that Zeek Rewards would still experience infinite customer growth to provide the daily bids being handed to it to real customers.
Indeed it is common knowledge that this did not happen within real-time, with the company drowning in excess points it could not give away, a point queue was formed with Zeek Rewards giving away points as it obtained customers.
Despite member's points having not been given away however, the company continued to pay for members a return. With points not distributed, this fuelled speculation how the Zeek Rewards daily returns were infact generated by the money being invested through members, rather than via customers using bids in the Zeekler auctions.
If your points haven't even been given away, how do they generate revenue to share around?
The above has consistently been one of my major criticisms associated with Zeek Rewards and changing the business model so that bids are in fact given away to real customers before returns are paid out was suggested on BehindMLM roughly per month ago now.
A month later Zeek Rewards may actually have taken that suggestion on board and yesterday the company put out a press release acknowledging their business design was illegal.
