Zeekler and ZeekRewards

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Whether you are a part time non-recruiter or a  seasoned sales professional ZeekRewards and Zeekler offers you an opportunity to whatever income and life style you desire.That is all members have heard and have 2% interest on their points .For example, if you gave them $1000 dollars its mean 1000 Vip points,so you going to have $20 buck everyday and it too good to be true it is.

Believe me Im one of them too. I have been shock when I read a breaking news about Zeek has  shut down because investors were allegedly promised up to 50% of the company's daily net profits through a profit-sharing system in which they accumulated rewards points that could be used for cash payouts. However, the SEC said the company's website fraudulently conveyed that the company was extremely profitable when instead most of ZeekRewards' revenue and the net profits paid to investors were composed of funds received from new investors.

The SEC said ZeekRewards' cash outflows would eventually exceed its total revenue if customers continued to elect to receive cash payouts rather than reinvest their money to reach higher levels of rewards points. Last month, the company brought in about $162 million, while total investor cash payouts were about $160 million.

ZeekRewards has paid out almost $375 million to investors and holds about $225 million in investor funds in 15 foreign and domestic financial institutions, the SEC said. Those funds will be frozen under the emergency asset freeze granted by the court at the SEC's request.