Regal Assets Banner

SEC shuts down Zeek site, calls it Ponzi scheme; hotline available ...

http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHjYOFUY...">news.google.com

My Fox 8SEC shuts down Zeek site, calls it Ponzi scheme; hotline available for worried ...Burlington Times NewsLEXINGTON — The U.S. Securities and Exchange Commission has filed fraud charges and an emergency asset freeze against Rex Venture Group, th ...

SEC Calls Zeek Rewards a 'Ponzi Scheme', Shuts Down Internet Reward...

http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGPWN8P_...">news.google.com

Gather.comSEC Calls Zeek Rewards a 'Ponzi Scheme', Shuts Down Internet Rewards ...Gather.comThe Securities and Exchange Commission (SEC) has shut down Zeek Rewards, a website that is linked with the penny auction site Zeeker.com. Penny Auctions allow ...

Zeek Headquarters Shut Down in NYC, Following Attorney General Inqu...

http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHc8Txc2...">news.google.com

EnstarzZeek Headquarters Shut Down in NYC, Following Attorney General InquiriesEnstarzA source told The-Dispatch that Zeek headquarters closed so that the company can focus on answering pressuring inquiries by the Attorney General's office that admin ...

Breaking Zeek Rewards News: Rex Venture Group Closes Doors Due To E...

You can go to MLM Help Desk to learn more.

Views: 209

Comment

You need to be a member of WALL STREET INSIGHT FOR THE CONCERNED CONSUMER to add comments!

Join WALL STREET INSIGHT FOR THE CONCERNED CONSUMER

Comment by Rusell Norman on June 3, 2014 at 11:25pm

Look what happen to these folks. The writing was on the wall as to this being a potential train wreck.  What a shame. I say all the time homework, homework, homework. Always do your homework.

http://www.zeekrewardsreceivership.com/

Comment by WSI Wall Street Insight on August 20, 2012 at 11:24am

The latest on Zeek!

 

 

Zeek Rewards Shut Down Forever – Labeled By SEC As Ponzi Scheme

http://easybusinesstoday.com/zeek-rewards-2/zeek-rewards-shut-down...."/>http://easybusinesstoday.com/Aug 18

Below is the Complete SEC Zeek Rewards Shut Down Press Release. Zeek Rewards Shut Down Forever – Labeled By SEC As Ponzi Scheme. To Your Empowered Success. Saturday, August 18th, 2012 at 2:20 am.

 

 

Comment by supra vantage on August 19, 2012 at 7:04pm

This is very interesting. On one hand I would think the regulators have gotten this one right. If the dismall financial condition of Zeek Rewards along with the supposed siphoning of funds by company execs are accurate charectorizations then perhaps this pre-emptive action was warranted. But on the other hand one might say it is questionable to anticipate a company going under before it actually does go under. Many companies are on the edge of failure and the top executives  are many times way over paid.  Does this mean we should shut them down because things look a little tough and or the company is being ran in a way that does not meet everyone's approval? If you invested money in Zeek Rewards you may be in for tough times ahead. Nothing easy usually last for very long. There is no easy way to success. The jury is still out on Zeek. Could it be this Zeek Rewards concept is  too easy and to good to be true (ponzi). Or Zeek may simply be an unsustainable business model. Or maybe Zeek Reward is a good business model with bad managers and bad execution. Or  the company may be on the verge of explosive growth and this bad press along with the heat from the regulators are momentary distractions.  Only time will tell. There is still much more to be revealed about this whole thing.  We at the Supra Vantage have not gotten into the numbers first hand to make a determination as to what if any are the problems with Zeek Reward. It is kind of sad however, because I hear the little guys were making some pretty good money with Zeek. The sad reality is that there has to be a certain number of lossers in the game in order for the winners to be winners. Unfortunately the lossers tend to be the little guys and the winners tend to be  the big guys. I have talked about this time and time again in my interviews and monologues. Everyone cannot be a winner. There must be a balence and nature usually swings the balance in favor of the strong and against the week. I fear the poeple on the Zeek Reward band wagon are going to find out about the "little guy and big guy rules" the hard way. I keep telling the little guys to watch out. I hope somone is listening.

Supra Vantage

The Developer

http://supravantage.net/

Comment by WSI Wall Street Insight on August 19, 2012 at 6:48pm

Wall Street “Insiders” and brokers have a vested interest in you thinking that trading penny stocks is difficult and complicated and penny auctions are the way. Dont get caught up in the hype with Zeek, stick to Penny Stock.

University of Penny Stocks Publicizes an explanation on Vision Plas...

http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNES-KPFr...">news.google.com

HotStockedUniversity of Penny Stocks Publicizes an explanation on Vision Plasma Systems ...Virtual-Strategy MagazineAwesome penny stocks and Vision Plasma Systems have concocted a brilliant marketing campaign that rocked the otc today. Read an honest ...

 

 

WSI is a Financial Educational Network that believes in helping financial professionals and consumers have a better financial future.

MMJ Master Program

The Wall Street Journal

Democrats Aim to Block Trump Administration Move on Abortion Providers

Democratic-led states are going to court to block a Trump administration plan to strip on-site abortion providers such as Planned Parenthood Federation of America of millions of taxpayer dollars for family planning, arguing the federal government is exceeding its authority to limit the federal funding.

Senate Will Block Trump's Border-Wall Plan, McConnell Says

Majority Leader Mitch McConnell said a resolution to block President Trump from declaring a national emergency would pass the GOP-controlled Senate, likely forcing the president to issue his first veto.

Badge

Loading…

START DRIVING TODAY - YOUR $300 GUARANTEE IS WAITING

© 2019   Created by WSI Wall Street Insight.   Powered by

Badges  |  Report an Issue  |  Terms of Service

- DE7A1F766C4EF139EF0B994966D90FA6