Zeek MLM Chief Keen On Ron Paul For President; Paul Burks Has Ponied Up $2,500; Meanwhile, Zeek Members Say They’re Not Getting Paid For Auction Winnings
UPDATED 12:27 P.M. EDT (JUNE 12, U.S.A.) Paul R. Burks, the chief executive officer of Rex Venture Group LLC, has made four contributions to the GOP Presidential campaign of Rep. Ron Paul since July 2011, Federal Election Commission records show.
Rex Venture is the purported parent company of Zeek Rewards, a North Carolina-based MLM program that plants the seed that returns of more than 1 percent a day are possible, and Zeekler, a penny-auction site that is auctioning sums of U.S. currency and curiously says it pays successful bidders through offshore payment processors such as AlertPay (now Payza) and SolidTrustPay.
Some Zeekler bidders now claim they have not been paid for their winning bids on U.S. currency for weeks or even months. They’re also complaining about slow, absent or circular customer support.
The Ron Paul 2012 Presidential Campaign Committee Inc. recorded a $500 contribution from Burks on July 19, 2011, another $500 contribution on Aug. 20, 2011, a $1,000 contribution on Sept. 17, 2011 and a $500 contribution on Jan. 14, 2012, according to Federal Election Commission records.
Rex Venture has scored an “F” rating from the Better Business Bureau, the BBB’s lowest score.
Zeek insists it is not offering an investment product and has preemptively denied it is operating a pyramid scheme.
In 2008, an MLM company with a business model similar to Zeek — AdSurfDaily — preemptively denied it was operating a Ponzi scheme. Federal Election Commission and other records showed that ASD President Andy Bowdoin was making campaign donations to the National Republican Congressional Committee in 2007 even as ASD members were complaining about not getting paid.
In August 2008, the U.S. Secret Service moved to seize $65.8 million from Bowdoin’s bank accounts, saying he was presiding over a massive online Ponzi scheme. Federal prosecutors later accused Bowdoin of making the campaign donations with Ponzi money.
Bowdoin pleaded guilty to wire fraud in the ASD Ponzi case last month.