Zeek Rewards closes headquarters

by louabbott on August 16, 2012

This just out per The-Dispatch.com, a Davidson County, NC news source:

By Nash Dunn
The Dispatch
Published: Thursday, August 16, 2012 at 6:42 p.m.
Last Modified: Thursday, August 16, 2012 at 9:18 p.m.

Rex Venture Group, which operates the online penny auction site Zeekler.com and affiliates program Zeek Rewards, has closed its headquarters for the remainder of the week for undisclosed reasons.

The company, known to most as Zeek, posted three signs on the windows of its headquarters at 803 W. Center St. in Lexington by about 4 p.m. on Thursday that stated the office will be closed, telling visitors to “check the website for more information.” As of 6:22 p.m., there was no further information available on Zeekler.com or zeekrewards.com.

Zeek Rewards Closed down - handcuff image

Zeek web sites "temporarily unavailable"

. . .

Both Zeekler.com and Zeek Rewards have recently come under the scrutiny of the North Carolina Attorney General’s office, after dozens of users filed complaints and inquiries in the past six months. The company, which is rooted in its penny auction website, has expanded in the past year to let users buy in through an “affiliates program.” Some say the company is a good way to make a little more cash while others condemn it as the makings of a pyramid or Ponzi scheme.

Paul Burks, chief executive officer of Rex Venture Group, could not be reached for comment. Dr. Clifton Jolley, the company’s media representative, also could not be reached.

Details about the closing were conflicting on Thursday.

Dozens of people arrived at the company’s headquarters throughout the afternoon on Thursday, only to find locked doors and confusion. The Dispatch spoke to about eight different people gathered outside at about 5 p.m., all of whom refused to comment on the situation.

One man, who said he was speaking on behalf of Zeek but wished to remain anonymous, said the building was being closed so Zeek could answer inquiries from the Attorney General, made in the form of a Civil Investigative Demand (CID). According to N.C. General Statutes, a CID is an administrative subpoena that can be issued by the Attorney General whenever there is reason to believe a person, or entity, has information that is relevant to an ongoing investigation.

The Attorney General’s office could not be reached for comment on Thursday.

. . .

8/17/2012 – The latest news report is titled, “U.S. Secret Service, SEC investigate Zeek” . . .

The U.S. Secret Service has confirmed it is investigating Zeek Rewards as well as the company’s chief executive officer, Paul Burks.

The Secret Service does not comment on ongoing investigations, Kessler said.

Secret Service agents were taking statements from Zeek Rewards affiliates Friday afternoon at the company headquarters at 803 W. Center St.

See: http://www.the-dispatch.com/article/20120817/NEWS/308179988?p=1&tc=pg

8/18/2012 – SEC shuts down alleged $600 million Ponzi scheme

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{ 12 comments… read them below or add one }

K. Chang August 19, 2012 at 2:20 am Thumb up 0 Thumb down 0

As someone who started calling Zeek a Ponzi back in April, I am very glad to have been proven right. I published my Expose on Zeek on April 12, calling into question its legitimacy and various other problems.

I was so right, RVG sent a bogus takedown notice to my host trying to shut me up. That was 3 weeks ago.

Desperate times calls for desperate measures, I guess.

K. Chang, a MLM skeptic

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Gary Affron August 18, 2012 at 4:40 pm Thumb up 1 Thumb down 0

To those who would be offended, apologies in advance. This comment is by no means intended to offend anyone personally or otherwise; but merely to set a precedent wherein people in the industry and even those new to this industry THINK and learn FIRST to FIND OUT and KNOW who and what they’re dealing with BEFORE making a decision to sign on with any one company. Setting aside all SELF CONCERN while promoting ONEs SELF ONLY … when SELF REPUTATION & RESPECT as well as that of CO WORKERS should be the FOCUS only serves to do harm and does NOT model the RIGHT in right and wrong.

Many times even friends in the networking community GET CAUGHT by the hype and the glamour of an opportunity, never taking the time to analyze its real potential, or even If the business model conforms to current laws. Many don’t even know when or if a company uses overseas banking, or pay processors to avoid the laws here on mainland USA. Even so, such companies continue to FALL and GO BOOM over and over again when people follow ‘certain’ KNOWN reputations in this industry. This most recent and those who will follow are NOT a surprise.

What ever happened to earning an honest dollar the old fashioned way? Ask yourself if you’ve become so desperate you’d do anything or follow anyone to earn a dollar even at risk of going to jail and losing everything you worked so hard to attain in life. IS the reputation of becoming a leader earning 10’s or100’s of thousands of dollars really that important in the end game just to end up chasing your tail in circles? There are plenty of well to do leaders out here who have never engaged in such dishonesty and unethical practices. FOLLOW THEM.

If you’re seeking to become a LEADER, learn to FOLLOW properly. Don’t go blindly into anything you’re not sure about. If it feels too good to be true, it usually IS. HONESTY & ETHICS may ‘seem’ to be lost on a lot of these companies and yes even some considered to be Industry Leaders. However, its not to late to RESTORE our industry and workers to its rightful GREAT REPUTATION, It IS within each individual who touches this industry to ENCOURAGE SELF RESPECT and DUE DILIGENCE. on all fronts of operation.

This IS STILL America, let NONE of us forget WHY we are proud of our heritage and the HONESTY and ETHICS which IN BUSINESS use to define a TRUSTWORTHY handshake and a smile. Lets all work together to bring it back where it belongs!

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Kevin August 17, 2012 at 6:30 pm Thumb up 1 Thumb down 0

When it looks like s*** and smells like s*** for Pete’s sake, don’t step on it!

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Doug August 17, 2012 at 1:23 pm Thumb up 2 Thumb down 1

You guy’s are hilarious!! You people need to do your homework, every company in this industry that has ever changed the industry and set records has always come under attack and they always will. AL Williams was attacked by every hater out there because they were the best and Zeek is no different. People like you that sit around and wait on companies that you don’t like, to have problems so that you can kick them when there down make me sick!
If you don’t have anything good to say about a company, then at least have the decency to make sure of the facts before you post them on the web.
Right now as I am typing this I don’t have a clue whats going on with the NC AG and neither do you so until the dust settles wouldn’t it make sense to see what the facts are. Just Sayin 😉
Sincerely ,Doug

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simone August 17, 2012 at 3:35 pm Thumb up 1 Thumb down 0

Hi Doug, Oh good someone out there defending the cause. Well here is my reply”:
First of all “homework” ok, I have done lots of homework on what a real MLM company is or should be. And as we all have tried many things I am not all at all down on a new opportunity when it comes up, nor do I HATE any company. But when you sift through the legaleeze you can pretty much tell if a company is getting a little bit out of balance over to the not so good side of things. I bet in this case the company attracted a lot of money laundering people who wanted to grow assets from their slightly dirty assets, and it is no wonder the secret service is involved now. Next is FACTS: Well on zeek I saw an ad for a toothbrush which was up for auction at a retail price of something like 25 dollars, when the whole bidding frenzy (with bids bought at 1 dollar a shot, by “associates” ) ended up making that toothbrush cost something like 45.00 dollars, way over the actual retail price.. And I thought that was very odd ??? who would then go ahead and be so dumb to actually buy that bloody toothbrush for this insane amount,,, and I also though:t My Gosh the company has just made a cool 4500.00 on that one toothbrush… wow are you kidding me? That is what the associates get paid from and many more like this… now is that a really wonderful productive thing to do with your day? … In the end what counts that makes the world worth living in is real production and real exchange… but I am sure you have something great to come back with… so lets hear it… so long friend

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Simone August 17, 2012 at 10:40 am Thumb up 1 Thumb down 0

Well as I just replied to Carlos… it is a sign of the times that many good networkers have felt somehow attracted by this rather odd scheme. We all want nothing more than to stay in business with whatever network we are involved in, but get hit from all sides by opps that promise the quick fix- instant- cashflow -relief- option.. that like drano is supposed to flush down all the financial worries so we can stay on top. I think that some people have become so automated in their approach to MLM that the real good old day to day work of inviting, presenting and duplicating has been given short shrift infavor of button pushing instant presto cash deals. Well he who still remembers the basics will survive after dusting off the feathers… I think it is just an expensive lesson and I feel sorry for the guys who may have lost lots of money. Ta from UK

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Ron August 17, 2012 at 5:19 am Thumb up 1 Thumb down 4

There is another company whom apparently studied what zeek was doing and actually has patents, as well as many other measures in place to prevent any issues like this. They have been going strong since 2011 and are now I believe #213 or so in Alexa and advancing extremely quickly. Seems the new thing is everyone wants to be the #1 spot for some reason.

But anyways, this other one boasts that if you can find a single flaw in their system that could get them shut down, they will pay you $1 million (and I assume fix the flaw, as it’s not like they don’t have the money). The company i’m speaking of also pays 2% daily interest, and even loans you $10.00 up front the moment you join to test the system. I set their site to my website so ya’ll can see it, so just click that to view it.

I know some people whom have profited 100s of thousands of dollars from their own investments, one whom has made about $105,000.00 just from referring a multi-millionaire whom invested LOTS. This guy does not do anything and received that in referral fees alone, etc. etc. Apparently its sustaining very well, so unlike the issues with Zeekler, this one seems to have more things in place in their favor.

I kept telling people dealing with zeekler, NOT to put all their investing in one place, but noooOOOOOoooo… it’s so eeaaAAAASSSsssyyy. Well… ya’ll see what that got you. smh. Lesson learned… I just hope not too expensive of a lesson.

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louabbott August 17, 2012 at 9:45 am Thumb up 1 Thumb down 1

I hope for all of you that seeing a “2% daily interest” rate is enough of a red flag to run for the hills from offers like Ron’s money deal above.

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Roberto Santana August 17, 2012 at 10:08 am Thumb up 1 Thumb down 1

I think your readers would appreciate if you deleted Ron’s blatant spam post, I know I would. Zeekler wasn’t satisfied with operating an unlicensed Lottery, they had to also have an illegal money scheme to go with it. Ron’s company is adding a 3rd scheme: Unregistered securities.
Thanks for reporting stuff like this and having the social buttons for us to share with our contacts.

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louabbott August 17, 2012 at 10:18 am Thumb up 1 Thumb down 0

Hi Roberto – I contemplated deleting it but thought it might prove instructive to many. I delete his website from his comment.

I simply can’t believe the emails that I am getting defending programs like these!

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Simone August 17, 2012 at 10:44 am Thumb up 1 Thumb down 0

Hey Lou, yes I can imagine what you are getting… the great new toy is smashed and we are seeing a tantrum in the sandbox. Well I commend your efforts to keep telling the people the truth and keep reminding us all what the real honest and good MLM industry is all about. I will tell lots of people to read your blog now. Love Simone from UK

Simone August 17, 2012 at 10:32 am Thumb up 1 Thumb down 0

Roberto you are so right, this should not be a forum to start yet another fad that will cost good people good money… It is unfortunately a sign of the times where cashflow is meager for many good networkers and they look for the quick fix to get out of trouble ,, so they can keep doing that they are doing… while doing a little gamble on the side. Well I say its time to get back to work, y’all real work …not pressing buttons and getting money from thin air… Ha ha

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