How to Spot an Online Scam
If you work in the online home based business industry, chances are someone has approached you to join them in Zeek Rewards which also is known as Zeekler.
Zeek Rewards was shut down by the United States Securities and Exchange Commission in August of 2012. The SEC acknowledges the assistance of the Quebec Autorite des Marches Financiers and the Ontario Securities Commission.
Paul Burks began Zeek Rewards in January of 2011. The company offered bids and took money in from people over the internet. Members that joined were encouraged to keep growing their bids so they could grow their income.
You can read more about the legal action taken on the SEC website below:
The problem with these opportunities is that NO real service or product is offered. The program is similar to a high yield investment ( hyip ) deal which promises payments on new money that comes in from new investors.
Zeek Rewards could no longer pay out the huge amount of return to the older investors just like Bernie Madoff’s ponzi scheme fell apart when no future money kept coming in from new investors.
In 2008, a surfing program known as Ad Surf Daily was also shut down by the US government. These type of programs spread around rapidly on the internet. There are some bad apples in the bunch as our parents would say!
Lessons to Learn
What is the lesson we can all learn from this recent action by the governments of Canada and the USA?
Unscrupulous people prey on the nature of people wanting quick wealth or chances at easy money.
New schemes are being programmed today to take advantage of the millions of people that come online every day.
There is NO get rich quick online solution.
There ARE millions of products and services that you can share with people and earn legitimate commissions from a reputable company.
Is There a Solution for People In Need of Money?
Yes! Watch my video where I show you real products and services that help people everyday! I show my 1099 Form as well as the 1040 form for the Internal Revenue Service. I also show a Schedule C form which is the Profit or Loss statement from a small business. I have earned commissions from reputable companies every year since 2005.