Nettie
出典: くみこみックス
Zeek Rewards declare business design is against the law
Despite all the talk about compliance and reassurances that Zeek Rewards is not an investment scheme, at the end of the day members could buy VIP bids, give these bids to the company (effectively serving as an investment) and get a 90 day return on their points (the expense).
This happened regardless of whether or not the company gave bids aside or not and despite the company claiming otherwise, functioned as an investment with Zeek Rewards paying a daily return.
The problem was that with members re-investing their returns back into their point balances, it was completely unrealistic to assume that Zeek Rewards would still experience infinite customer growth to give the daily bids being handed back to it to real clients.
Indeed it is common knowledge this did not happen within real-time, with the company drowning in excess points it could not give away, a point queue was formed with Zeek Rewards offering points as it acquired customers.
Despite member's points having not been given away however, the company continued to pay members a return. With points not distributed, this fuelled speculation how the Zeek Rewards daily returns were infact generated by the money being invested by members, rather than via customers using bids within the Zeekler auctions.
If your points haven't even been distributed, how do they generate revenue to share around?
The above has consistently been among my major criticisms associated with Zeek Rewards and changing the business model so that bids are in fact given away to actual customers before returns are paid out was suggested on BehindMLM roughly per month ago now.
A month later Zeek Rewards may actually have taken that suggestion aboard and yesterday the company put out a press release acknowledging their business design was illegal.