I had countless people email me, message me, and right out spam comments in my posts raving about how awesome zeekler is and how all I have to do is give away free bids and I’ll make money!!!11
Riiiiight. I’ve seen this so many times before.
When I was first approached about Zeekler, sometime in early 2011 I believe, I remember reading about their affiliate program. I started seeing those key phrases that scream “MLM” Multi-Level-Marketing. I saw things like, and I’m paraphrasing from long ago memory, things like recruit new followers and they recruit new followers and you earn from one leg if you have both sections filled and you get four sections to put your people into and you earn lifetime lay on the beach all day income. Bla bla bla, bla bla.
Seriously the zeek rewards program, I think they called it, was obviously MLM and those almost never work. (I don’t care how much you believe it, Brian!)
I steered clear. And I’m glad I did.
Zeek Rewards is The Target
According to the SEC’s press releases: here and here, the complaint is against Zeek rewards.
I am not going to go into the knitty gritty details but I knew from the get go that the Zeekler pyramid scheme was way different from a quality and real penny auction affiliate program. These programs pay out a flat fee, or a percentage of bids purchased, to affiliates for advertising.
It looks like in this case, the Government actually did the right thing. I have to agree.