May 25, 2013 09:32

Zeek Rewards News: Troy Dooly Admits He Failed In Some Of His Reporting On Rex Venture Group LLC

Over the last four weeks since the closure of Rex Venture Group, LLC., I have had time to reflect on my reporting of this saga, and to really listen to the outside critics who have sent me private emails on different situations. Last night I received another such email from GlimDropper of RealScam.com, bring up a very valid area in which I failed the very network marketing community I state I am so proud of, and an advocate for.

After reading his email several times I responded and feel that my responses should be made public, not on his sight, but in this community also. For those of you who did nothing but watch one of my videos (especially the April video on Network Marketing Business Journal), I am truly sorry for not doing better due diligence on the article.

And I wish I had known long before July, that Dr. Keith Laggos had a top position inside the compensation plan. Had that information been handy at the time, I would have also reported that the article could be seen as biased.

[quote]
G,

I will always find time to talk with you. And especially answer your questions. If I have missed one please resend.

From: G [mailto:glimdropper]
Sent: Sunday, September 16, 2012 2:15 AM
To: Troy Dooly
Subject: Time to Bust Your Chops a Bit

You’re a busy man, I respect that. I understand that you can’t always reply to me e-mails but I’d very much appreciate if you could get back to me on this at your soonest convenience on this one.

I never saw a copy of Kieth Laggos’ NMB Journal April article about Zeek, until tonight. I beg you sir, in light of all the facts that have emerged since you recorded your video last April, tell me how failed to appreciate the disclaimer on that article? And I quote:

Troy’s Response: I am not sure if you have the newspaper or the reprint and it really doesn’t matter in light of the whole picture. That disclaimer was added after Keith’s legal trouble with the SEC in 2005. I had done business in the past with Keith (2001-2002) when I ran ProSTEP. Based on that working experience I thought I knew how Keith worked (he never joined my company). He shows up at the location, talks with all the parties involved, takes studious notes, verifies those notes with the people inside the company and then (he writes the articles) A couple of times when sitting in the Red Carpet Day, he was writing articles on other companies and Zeek.

Based on this past working relationship, I did not take the time to read any find print in his paper. I have been getting that paper for years. Without a doubt I knew “he” wrote (again wrong assumption) on companies who had bought reprints from him. This is another example of my part where because of long term relationships with people I did respect and trust to be ethical individuals I have failed the very people I was trying to help. Not that it really matters, but this is covered in an upcoming video I am doing showing where I have failed in some areas in this situation.

G, no excused, I just flat fell short in this area. It was not until then end of things when I learned of Keith’s personal involvement in the compensation structure that I started really putting two and two together on how he is now using his “newspaper”, and you will not see me use it again as a positive reference in any company review. Is it too little too late, maybe.

All information contained in this feature article is provided by the featured company. The act of publishing a story should not be construed as an endorsement or judgment of the featured company by Network Marketing Business Journal. Network Marketing Business Journal assumes no responsibility for performance, integrity or claims made by the featured company.

Keith did not write that article or to whatever extent he did write it he was only summarizing talking points he was given to highlight taking no responsibility for the information he was provided with. He does not stand by what that article said. He published it because they paid him to. This does not pose a challenge to his credentials as a master of compensation but it does put that title in a slightly different frame.

Troy’s Response: I can tell you Keith more than likely did write the article. He has too much pride NOT to write the articles, or at least tweak them. And I can tell you he does verify that the facts can be produced by the company if he is brought into a lawsuit again, like the last SEC lawsuit. But, I also realize he doesn’t care about 3rd party validation, as we all know he does take positions in the comp plan.

Troy, how could you have failed to mention the disclaimer when you offered such gushing coverage of the printed story? It’s due diligence 101 and I don’t think you earned a passing grade.

Troy’s Response: I understand fully where you are coming from, and I have no other response than what I wrote above. I did fail in this issue!

I understand you’re getting piled on by both sides here now and you have my sympathies. Dr. Laggos wasn’t pretending what he printed was true, but you relied on an endorsement which wasn’t an endorsement to make what a lot of people at the time took as your endorsement.

Troy’s Response: Yes, I did 100%. And as I said in my upcoming video, which will not be out for a couple of three more weeks, but does talk about my own failures in areas. G, this has never been about me, sadly it has become about me. My goal is not to gain traffic, or become the end all for information. I just have a passion for the distributors who never seem to have a voice when they have issues. Zeek, in this case ripped the network marketing community down the middle. And to some extent I have realized, that due to a voice I did not realize I had, I was used as a pawn, and allow it to much of the extent. I was just not smart enough to see it.

Unlike other companies I have covered, I did not realize at the time after talking with Keith, and a few others that, like some in Zeek, they also may have been using me, to make sure their paychecks continued to grow.

I make no promises as to when I post on this issue, I’m content to let someone else beat me “to the presses” on the topic. The most interesting question in this whole affair is how did so many of the industry watch dogs get taken for a ride here and I see your failure to read a disclaimer as one link in that chain. I’d love to know your thoughts here, I want to be fair in what I write. But this will be written about.

Troy’s Responses: I know you have to publish your article, and I because of my respect of you I will not ask you to keep any of this off the record. You have been very hard on me, but I feel always fair. I, like many others let my guard down, saw folks I respected and trusted supporting (in the wrong ways), what the courts have come to see as a Ponzi, and in which I as more and more review the (offline information is sent to me) I am realizing was being run as a Ponzi. Whether or not it was created specifically with the intent of being run as a Ponzi is still a question in my mind.

Again, I make no excuses to you or anyone, I did fail the very folks I was trying to help when it comes to the Keith Laggos video, and by the time I did realize it was too late, the damage was done, the company was closed.

Thank you. [/quote]

Troy Dooly

Troy Dooly is recognized internationally as an influencer in the areas of personal branding, leadership development, marketing campaigns, organizational expansion, and corporate launch strategies. Dooly is a speaker, results coach, and radio host. He is a founding member, show host (Beachside CEO) and News Director of the Home Business Radio Network. He is a founding member, and currently serves on the Board of the Association of Network Marketing Professionals

More Posts - Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusStumbleUponYouTube

  • http://business-apps.ca Arun Bajaj

    Thank you Troy. I appreciate your candour and have always felt your intentions to be positive and sincere.

    • Troy Dooly

      @Arun,

      Thank you sir!

  • http://IneedSuccess.com Greg DeMario

    Troy, We had all for the most part believed in Zeek and for me and as for you, we had found that we had failed short in our belief.

    I continue to watch your videos, I continue to respect you and I continue to learn as I now build my current business.

    I will not make the same mistake twice and I know you will not either, we learn from our mistakes and that’s what makes us better.

    Only the best my friend and I sent you a friend request on facebook, so except it ;)

    Greg

    • Troy Dooly

      @Greg,

      Thank you buddy!

      • http://zeekrewards papa jhon

        when the zeek open :(

        • Troy Dooly

          @papa jhon,

          Zeek will not be reopened. The assets have been surrendered to the SEC, and the SEC will be liquidating the company.

        • http://amlmskeptic.blogspot.com K. Chang

          Never. Judge just gave the receiver until october 8th to file liquidation plan to liquidate all assets of Zeek.

  • http://www.live1dream.com Brandon Ivey

    Good reporting Troy. No your time is not passed. Nobody ever bats 1000. We learn and we move on. You have far more credibility than the “established” critics who believe every single MLM opportunity is a scam.

    You tell it like it is, but sometimes there are things beyond our control or knowledge. Keep doing what you are doing and being a voice for the voiceless.

    • Troy Dooly

      @Brandon,

      Thank you buddy!

  • Sieze the Day

    In retrospect honestly, you were pumping but even then Troy, i dont see how anyone could fault you. At the end of the day, its the responsibility of the investor to do their own due diligence. It is the risk of the investors. The people who bought into this need to take responsibility for better or worse.

    But since the SEC has our money, I only think its right for them to immediately pay back those who never profited from Zeek.

    I think this whole process will take years because anything related to the government and our legal system is slow and they like all this money. They will keep some of it some how through “legal fees”. Its what they do. I don’t think they have the invididual affiliate best interest at heart.

    I would have an easier time accepting that I lost my money because my investment failed but for the government to intervene and hold my money like this? That is not fair.

    How are my rights being protected? By the government taking away my money?

    • Troy Dooly

      Sieze the Day,

      I would have rather seen a volentary closure and money returned, similar to what Co2 Rewards did, but that did not happen.

      Now, like you I pray the Receiver can get to a point where he can start releasing some of the frozen funds of folks, who have never purchased bids, and the others who are due refunds.

      And I fully understand the issue of rights.

  • Haz

    Yes Troy I totally agree with the fact that your days of fame have come to an end with this great mistake. I followed you, and studied you as much as I could, but unfortunately, I saw a lot of inconsistency in you. Yes, I know that is human nature, but yours was totally business based and from your recent attitude, you are the kind of person who is totally an establishment follower, you do not care if the authorities are right or wrong, you will always have a “Yes sir, Big brother” attitude towards them. I hate to say this, and it really hurts me, but you cared more about yourself than you did for the affiliates. You were like the man with torch in darkness, and people followed you. But at the edge of the cliff, you stopped and threw the torch down, and all the followers went down following the torch. And from your recent videos, I thought you might come up with a decent report, but all you brought to us was negativity about other programs and pointing the finger at our beloved zeek. You forgot that, while you point a single finger towards some1, you are actually pointing the rest of the four towards yourself.

    You still have time, so get down from this self proclaimed Industry Advocate position, that is the only favor you can do to us.

    Regards

    • Troy Dooly

      @Haz,

      Thank you for taking time to comment. Lord knows most folks would just keep it to themselves.

      I do find one statement interesting that you wrote. “from your recent attitude, you are the kind of person who is totally an establishment follower, you do not care if the authorities are right or wrong, you will always have a “Yes sir, Big brother” attitude towards them.”

      Since you state you have followed me, then you of all people should realize I went against at least 50% of the network marketing community, all of the other advocates and watchdogs in my reporting on Zeek.

      And when it comes to the Government (especially this administration) I question everything they do. And in the above video I make it pretty clear, I am still not convinced Zeek Rewards was created with the intent of being a ponzi, I want more evidence.

      So, please explain how you come to your conclusion.

      And, please explain how I care more about myself, than others? If that was the case, why shoot this video at all?

      And, please explain what finger I have pointed at Zeek?

      I have warned folks about any other internet based business where the affiliate’s are paying in more than the product or service is generating in sales. Talk negative… NOT!

      And, if you had taken time to really listen to the words above, then you should have realized, I was not pointing fingers at anyone but myself.

      I hope you will take the time to explain a little more in detail so I can better understand.

      And, in the meantime I will continue to advocate for this great profession.

    • I care

      Haz,
      I dont know Troy personally, but have followed his post for awhile. I have found him to be a very up front truth telling good man. He is very good about showing the good and the bad. He has kept networking on a path of greatness. He has given us info that has helped us all. When he reported about Zeek he did that to find the answers, for all of us. Now we see he was given false info and you want to blame him? He has steped up to the plate and has told us all of the truth, That takes a big an in my eyes. I certainly have not seen much of that in any of this mess.
      I applaud Troy for putting himself out there to help the industry as a whole. If you think you can do better then do it! But dont blame him for what this company has done to millions, he did not force anyone to do anything. We are all grown ups and can use our own judgement. Your beloved ZEEK screwed you and you cant handle the truth!
      Troy is the only one who is trying to help these people so if you cant handle it then get out of his way so he can help those that have the courage to see what is really happening. I pary that people do get their money back and move forward.
      If this has done anything is show you that is a company is NOT a part of the DSA then run like hell!
      Thank God for Troy!

    • Shirley Crawford

      Haz

      Are you serious???? Can you not think for yourself? Can you not make a decision on your own? You make it sound like we were all little robots hanging on every word Troy said.

      Seriously if you are not a leader, and you only follow…this industry is not for you.

      We came to this site to get one mans opinion, why? Because we respect his VIEW it doesn’t mean he is always right, nor does it mean he is always wrong. He’s one man who works to bring the best information he can and what we do with it is up to us. It in no way makes him responsible for the decisions we all made when we became a part of Zeek.

      It sounds to me like you are better off with a JOB.

      Shirley Crawford

  • Brad

    Excellent video Troy. You showed a lot of class and humility in posting this.

    • Troy Dooly

      @Brad,

      Thank you! It is tough looking in the mirror and realizing you have made some mistakes. But it would be worse, not to admit them.

  • Don Morrison

    Hey Troy, don’t be too hard on your self. Its a part of being human. as Brandon says, keep doing what you are doing. It is all good. Thank you Keep up the Good work.. Don

    Home of the Canadian Rockies

    • Troy Dooly

      @Don,

      Thanks buddy. Just want to make sure I stay as transparent and authentic as I can. When folks bring issues that I need to address I never want to delay facing the music.

  • Dan Nguyen

    @ Troy,

    I admire you for having the gut to stand up for yourself. It is worst not to admit it but it is a difficult one… We all make mistakes … You are an honorable man! I respected and believed in you a lot prior Zeek shut down … I will continue to do so!

    Thanks,

    Dan

    • Troy Dooly

      @Dan,

      Thank you sir! I will continue to provide solid info, and dig a little deeper as I go along.

  • http://behindmlm.com Oz

    I welcome the changes.

    At the end of the day it doesn’t matter what the affiliates are saying, it doesn’t matter what the company is saying, it doesn’t matter what management’s character is and it doesn’t matter what their lawyers and any paid consultants say.

    All that matters is the business model and as long as you follow the money objectively and without bias, it’s pretty hard to go wrong analysis wise.

    • Troy Dooly

      @Oz,

      Well put!

    • Bill Manewal

      Mighty good lesson, I say. The obstacle: getting accurate financials from a private company.

      • Troy Dooly

        @Bill,

        Or even public companies as we have seen from resent history.

  • Alec

    Sorry but for the past 3 weeks every time I hear your name I remember that old Kingston Trio song but I switch Tom for Troy and it goes: “Hang Down Your Head Troy Dooley. . . ”

    LOL

    But only that part of the song. Don’t take the whole song seriously.

    • Troy Dooly

      @Alec,

      Now that is funny. Hanging my head is not something our family has done much of, since old’ Tom was hung… But I sure understand where you are coming from.

  • http://amlmskeptic.blogspot.com K. Chang

    “The important thing in my view is not to pin the blame for a mistake on somebody, but rather to find out what caused the mistake.”
    Akio Morita (b.1921) co-founder of Sony. as quoted in Made in Japan, (1987), p. 149.

    So, what caused the mistake, Mr. Dooly? Let us all learn from you.

    • http://amlmskeptic.blogspot.com K. Chang

      I personally think you were snowballed.

      Did you know Burks was a magician? Yes, he did magic tricks for a living for many years. Confirmed in that video you posted early by Clifton Tolley, 10:58 mark. I was able to confirm that by searching for “Paul Burks” “singing magician”.

      http://amlmskeptic.blogspot.com/2012/09/persuasion-former-zeek-pr-man-confirmed.html

    • Troy Dooly

      K.Chang,

      I was pretty sure I covered that in the video. But I can sure say it again. I placed faith in what folks I totally trusted told me. Most were from the outside and folks I have done business with for decades, so I did not do as much due diligence as I would when going in blind to research a company.

      • Lil Ol’ Radical Me

        Troy, although there are many who appreciate your candour and willingness to admit a mistake, there are many many people who joined Zeek BECAUSE you recommended it. We all make mistakes, but you have a well known blog and are known as an MLM industry professional. Ergo, you have more responsibility than the average punter.

        Troy, you didn’t do your due diligence. You fell into the newbie trap of trusting your chums and you are not a newbie.

        I’m sorry, but I can’t be as soft on you as some of the posters on your blog. You screwed up big time and you owe a lot of people a big apology. You promoted a ponzi. End of story. I hope you have learned something from this. It doesn’t matter what they paid you. If you promote something on your blog you have the obligation to make sure it’s clean or go down in history as yet another ponzi pusher who will say anything if the price is right.

        • Troy Dooly

          @Lil Ol’ Radical Me,

          Thanks for sharing your heart on this issue, I truly appreciate it.

  • tony luv

    Troy:
    You reported what you saw and heard I was at the two last Red Carpet events actually talked to you for a bit. If this was a ponzi scheme and I am still in denial that it was then we were scammed by the best. I in no way would believe Paul to be that kind of man. I spoke to him and Dawn on numerous occasions and they did not fit the profile. I will still listen to what you have to say. You are far from done!! There are a lot of people who will put up smart comments but you and I were there witnessing history being made. I think the company needed to just pull it togeather a little more and they were on the right path. Now the Government will try to retain as much of that money as they can. With the debt this country has accrued the last few years they need it!! I would say we had a better chance with Paul Burks then our Government. All my affiliates, and I had just about 1000 in the group are dying to do something else and chalk it up as an experience. But we are all waiting for the truth you know the truth will always set you free!! Do you not think if this was a ponzi they would have been making cashing checks a priority. I had some folks who’s checks were not cashed and they were in the system with their points earning for almost two months. Some stuff just does not add up. Why would the government be cashing these checks if they were here to help, and not mailing them back to their rightfull owners. The biggest ponzi and scam is social security but its ok because the government runs it, What a crock of u know what, this whole deal is sour I smell a rat!! I would love to know what political contributions have been made to people in that state up for election by other network marketing companies. There are a lot of them in North Carolina. Take the ones who lost the most distributors to zeekrewards. You will find the political contributions they made were the biggest. It is all coruption

    • Troy Dooly

      @tony Luv,

      Thanks Tony. As for the Receiver cashing those checks, that does not make any sense to me either. That is one area where it seems the government is creating more victims.

      But this is an interesting administration, and they preach “sharing everything” maybe they do feel it is fair that these folks who’s checks were not cashed, should profit from “not” being victims, and have decided to make them feel the pain of the rest.

      • Dan Nguyen

        @ Tony,

        I do agree with you that cashing these checks is not fair for these people :-( especially the SEC already knew it was scam!!! By doing this the Gov is creating more victims and hardship for these people and their families. Do we ever have a chance to hear from Ken Bell the reasoning why he has to do this???

        • Troy Dooly

          @Dan,

          So far I have not seen why he feels this is important. The only think I can think of, may be they know some of those checks are fraudulent and by attempting to cash them, they will then be able to file criminal charges, or trace money back on some other pending criminal case, such as a RICO action.

          • Gregg

            Troy, cashing the checks is a red herring. They DIDN’T cash personal checks sent in, only the Cashier’s Checks and money orders, because the law says that those instruments are the legal property of the payee upon their creation. The people who bought them lost their money when they gave it over. And I wish you’d do more to point out this and other things the receiver is doing. The purpose of a Receiver is to help pay back ALL of the victims equally. The legal effort by Dave Kettner and friends is to prevent them having to give back any of the stolen money they are in possession of. That’s all there is to it.

          • Troy Dooly

            @Gregg,

            I am working on some new editorials on this issue.

    • Morten

      @tony luv

      Paul R. Burks is a former magician, an illusionist. It was partly reflected in many parts of Zeek, with many different illusions and psychological tricks.

      Illusionists knows where people normally will direct their own focus, and that will usually be onto themselves and on what’s right in front of their own eyes — figuratively speaking. And they will usually NOT change their viewpoints if they first have accepted ideas. They don’t need to fool people, because people will usually manage to fool themselves if you give them the right ideas.

      So Paul Burks simply gave people IDEAS they were willing to believe in, e.g. about how profitable penny auctions are. He also had to give people ideas to confirm other ideas, e.g. daily payouts in RPP and weekly payouts in money. And the payouts managed to direct people’s attention away from more important questions, e.g. “How can a penny auction with very few real customers support payouts to 800,000 affiliates?”.

      So Paul Burks didn’t fool you, he only had to give you the right set of ideas to enable you to fool yourself. He didn’t HAVE TO do much more than that, because people are usually more qualified when it comes to how to fool themselves, e.g. how to push exactly the right buttons in their own mindset.

      Most of his tricks seems to have worked. Even people who didn’t believe the penny auctions were able to support payouts to all the affiliates were sometimes willing to believe the “Cash available” was equal to real money — even when it failed logical tests about “Can you use it to pay for your grocery bill?” and “Can you transfer it directly to your bank account?”.

      An illusionist will only have to provide you with a believable system, and you will do most of the work in convincing yourself. You will probably assume the “Cash available” is real money when you repeatedly can use it to buy sample bids, or when you can withdraw it as real money just by making some changes in the repurchase percentage.

      When I pointed out that the “Cash available” wasn’t real money, people were eager to come up with other flawed theories about how the “Cash available” was “converted” into real money when people used them to buy sample bids. None of them could explain HOW numbers on a screen can be converted into real money in that process, but most of them simply KNEW it worked that way.

  • B.Radison

    Troy,

    It’s not how one handles success and victory that determines a persons character but rather how one handles failure and defeat.

    It took great courage and character to accept responsibility for your mistakes not only in a public forum, but in your own forum.

    I for one have believed in you and what u stood for even before Zeek. I won’t lie, I have lost a lot of faith in you in recent weeks as u fought to see the obvious that became clear so quickly to so many. I began to feel u turned on many of us who believed in you for the “easy money”.

    Thank you for restoring my faith in you and your intentions. Your “true” readers and followers will appreciate the heart and courage u showed here.

    Only in being so humble can a man stand so tall. Life is about making mistakes and what we learn from them.

    I believe we have all learned plenty this time.

    • Troy Dooly

      @B Radison,

      Thank you for always speaking your mind and for continuing to hang with me. You are correct we sure learn from them :)

  • http://www.webtemplatecollections.com Mary Mcknight

    Looks like the clawbacks are about to begin. This morning, I read that the receiver is seeking profits of participants. http://www.bizjournals.com/triad/blog/morning-edition/2012/09/zeekrewards-receiver-to-seek-profits.html

    Ken Bell says this “Among those from whom we intend to recover assets are those affiliates who took more out of Rex Ventures than they put in,” he writes. “Many of you received little or nothing from this enterprise. In order to make everyone as whole as possible, those who profited from participating should surrender their gains.”

    read more on the receiver’s website:
    http://www.zeekrewardsreceivership.com/

    • Troy Dooly

      @Miss Mary,

      That article was from a report Mr. Bell put out last week which we reported on. Although he will go after clawbacks without a doubt, I think it may be after SEC, Secret Service and FBI are finished with their investigations and present their additional evidence to the DOJ for possible criminal charges. In that case he may not start the clawbacks until warrants are served.

  • http://www.InternetGatewayMarketing.com Ron Ferrin

    I was never involved in Zeek, but family and friends were, so I’ve kept an eye on this site.

    Most people who write blogs erase any negative comments. Troy, you do not. You even answer them.

    I know what it’s like to check the blogs just to see who is trashing you on line. I’m impressed with your responses.

    • Troy Dooly

      @Ron,

      Thank you sir. My belief in the US Constitution goes for all people. Even if they disagree with me.

  • Doug

    well, All I can say is hindsight is always 20/20…..it sure excited me like Ive never have in a long time.

    • Charlie

      You even made me believe!

  • http://www.JayNaPier.com Jay NaPier

    Troy, you’ve done your part. Looks are what they are and even IF a mistake was made, you’re true to you. Personally, I don’t think you made a mistake. I think you did what many Zeek reps did. You are an honest guy who automatically assumes everyone is honest.

    • Troy Dooly

      @Jay NaPier,

      Great point! And dead on! I figure most folks are honest and only want to spread the love! Heck that is what this great profession is built on. As always thank you my friend.

    • http://amlmskeptic.blogspot.com K. Chang

      Troy, please delete the above comment. I confused Jay with “JERRY Napier”.

      If this comment sees light of day, Jay Napier, you have my most sincere apologies for confusing you with a serial Ponzi participant.

    • http://amlmskeptic.blogspot.com K. Chang

      My apologies to Jay Napier.

      My observation was directed to JERRY Napier, who was indeed Zeek affiliate and ASD member.

      (Troy, you deleted the wrong comment!)

  • Jesse Meyer

    Your only human Troy, all we can do is learn from our mistakes and move on. A real leader will admit his mistakes, I will always be a Troy Dooly follower. Thank You Troy.

    • Troy Dooly

      @Jesse,

      Thank you. Learning and documenting I have done. That will allow me to always remember what NOT to do in the future.

  • http://TissaGodavitarne.com Tissa Godavitarne

    I’ve said before Troy that your biggest “problem” (for lack of a better word) is that you’re so trusting of others, only because you’re so trustworthy yourself.

    Ordinarily that’s a good thing, but not necessarily when it comes to reporting. In this case it affected your due diligence, and some took full advantage of that.

    There are many (myself included) who believe you’ve always had the best intentions, and a genuine passion to be a voice for distributors. We still believe that.

    After all, part of “acting like a network marketer” is admitting our mistakes and most importantly, learning from them. That applies to all of us.

    • Troy Dooly

      @Tissa,

      I am going to get a sign made that states “Remember What Tissa Said!” :)

      Thanks my friend.

  • Muhammad Shafi

    sir what is the actual position of zeek when start again or compleatly closed

  • http://www.professionalnetworkmarketing.com andries johannesen

    Thank You Troy
    its good you admit you lost the plot with zeek
    it seemed like an addictive drug
    and you defended the deal
    and caused millions to be put in
    even after the locks being changed
    you tried to make lemonade out of the lemons

    anyway
    thank you’
    lets go forward
    and make our profession a better place

  • Pingback: Zeek Rewards !! How to get to $3K a month, starting as a free member ! - Page 41

  • DP

    The video you did today was the best video you’ve ever made, in my humble opinion.

    I was with you, Keith Laggos, Kevin Grimes, Peter Mingles, Dawn, Alex and Roger Plyler during those conversations at the NC dinner back in April.

    I feel blessed as a field affiliate to have been privy to those conversations. What you said in that video is 100% accurate. The reason why I let my account balance grow so huge without taking profits was because of the suggestions that you and Kevin had made that night and the fact that the execs at Zeek agreed that they needed to act on them and that they would be absolutely be done.

    I also would love to know if I put my heart, soul, and everything else I had into a fallacy or if there was every intention to take those suggestions and make them into a reality. I truly believe that your videos were done from the heart and you, as I, believed that the company was intending on making the suggestions from the advisers real so that the company would be around for the long haul.

    Some things have come out since Zeek’s demise that lead me to question a lot of what I thought was real but I don’t know all of the facts either and may never know everything. I am with you 100% that I don’t think that Zeek was intended to be a ponzi but boy would I be gravely disappointed if I was proven otherwise.

    You are a true advocate for the people and I know that from having spent time with you in many Zeek functions both in public and in closed door meetings with the Zeek Powers That Be. You should hold your head up high as you did what was right for the people and attempted to help the masses. Everyone fails and that’s part of success. You’ll never lose your entire following.

    The field appreciates the fact that you can admit that you fell short of total due diligence but you won’t let that happen again. Many of us believed in something wholeheartedly and if we were duped, that’s a real shame and a huge lesson learned. On the contrary, if the facts come out supporting what we truly believed in, our hearts were right and procrastination destroyed what the masses enjoyed. We may never know for sure but it sure was a positive experience while it lasted. Thank you for all you do! You’ve become great for a reason!

    Dave
    - Penny Auction King

    • Troy Dooly

      @DP,

      Thank you my friend!!!

  • John R

    Troy,
    In regards to clawbacks how will they decide who to go after. Like how much more would you have to have taken out for them to come after you. Like I put in $500 and took out around $750 so I profited $250. I did have a few thousand supposed to come out in the weeks after they closed zeeks. Will they be trying to come after me for $250? Would seem stupid.

    • Troy Dooly

      @John R,

      I am working to better understand this very issue. Maybe some of the experts can share on this issue.

  • Haz

    Dear Troy

    You needed an answer from the audience somewhere near the end of the video, and I gave you what I actually feel and felt. I would say, you should not have asked for that if you were not ready to accept it. I agree to disagree, and that is how the cookie crumbles. People have their opinion and they have the right to, which they did above in responses and So did I.

    I would rather ask you to go through all the videos and see with a rational mindset what you did and how I responded. Of course you are a free man and you can continue to advocate the industry-I just gave my opinion so please deal with it. You are certainly not someone what many perceive of you. Neey, you are just not it!

    Regards

    And Best of luck with you future endeavors.

    • Troy Dooly

      @Haz,

      Thank you for taking time to share your heart. I am not sure I fully understand all of it, but I do get your drift.

  • http://realscam.com GlimDropper

    Thank you Troy.

    Thank you first for the kind mention but more importantly for owning up. I think there was a systemic failure on the part of the MLM “dream team” with regards to Zeek, your coverage of the NMBJ article being an example of that.

    It took no real skill to predict that ZR was going to get investigated and for what. It has yet to see it’s day in court and I know this is something we both are looking forward to. Unless Paul cuts another deal on the pending criminal charges, that day will come.

    But all of that is Zeek specific, Zeek isn’t taking anyone’s money anymore (and the people telling folks of some sort of Zeek2.0 are selling lies). This is why I can respect Troy for admitting an error but I am far more encouraged to hear him speak of changes he’ll be making going forward. The important thing is that the “dream team” does not make the same mistake again.

    I don’t speak for “the critics,” but I’m one of them and I’m the one speaking. One thing I’d like to make clear, I have nothing but sympathy and compassion for the people who joined Zeek Rewards and who have never participated in anything like it before. ZR went further and tried harder than any program I remember to disguise what they really were.

    But you probably wouldn’t need to jump too many steps up in your Zeek genealogy to find people who have been in many programs with similar comp plans to Zeek. These people knew what the real risks were and I’m almost certain they never shared that information with you.

    That is why we tried to share that information with as many of you as would listen. The first timers never know how bad the deck is stacked against them, the critics are just trying to level the playing field.

  • Paul Moore

    Troy,

    You always give people the benefit of the doubt. You are a true humanitarian and professional journalist, which is what separates you from wannabees such as Chang and Oz, who
    clearly have deeper agendas.!!!

    • Troy Dooly

      @Paul,

      Thank you sir.

  • http://amlmskeptic.blogspot.com K. Chang

    Receiver just filed the full asset list of Zeek with the court, and listed all the employees and related personnel that provide professional service to Zeek, with the court.

    Interestingly, Nehra and Waak is NOT on the list. That’s Gerald Nehra’s lawfirm.

    Neither is Grimes and Reese, Kevin Grimes’ lawfirm.

    Nor is there any sort of listing for the alleged SEC compliance lawyer.

    However, Keith Laggos is on the list. (Thought he was terminated a while back?)

    And Greg Caldwell’s on the list.

    But no Robert Craddock, and not even Clifton Jolley.

    I have no idea how complete the document is, or what was the criteria for inclusion.

    https://docs.google.com/viewer?a=v&pid=sites&srcid=ZGVmYXVsdGRvbWFpbnxhc2R1cGRhdGVzZmlsZXN8Z3g6NWZmZmZmNmYyMjc0NTM2Mw

    • http://amlmskeptic.blogspot.com K. Chang

      Oops, I missed Mr. Waak’s name near the bottom. Where is Mr. Nehra’s name?

    • Dan Nguyen

      K. Chang,

      It might not be the complete list of assets … There is no where in here added up to 300M as Mr. Bell announced last week. Do you know why?

      • http://amlmskeptic.blogspot.com K. Chang

        Didn’t count the real estate and other assets, maybe? Again, it’s what’s filed, and there’s a lot of “in custody of the receiver” or something like that.

      • http://amlmskeptic.blogspot.com K. Chang

        More documents are apparently SEALED by court order, as indicated on the new docket.

  • Who’s Fault

    Troy well before you posted positive info on Zeek Rewards many potential distributors called the office’s of the North Carolina Department of Justice, AG and BBB for info, many reply’s came from them

    Reply 1.)
    I heard was going around (DOJ1 or AG1 of NC) ‘Zeek Rewards was a legal business’…’penny auctions are legal’

    Reply2)
    I heard from a you tuber, said…verbal came from a NC DOJ1 or AG1 member…
    “Zeek Rewards is Squeeky Clean”

    (I cannot confirm this to be factual or have any record of this as I have lost the sources, but it did not sound like a made up story to me)

    I hope the people who received ‘Any’ ‘Ok’s', or written material from any regulatory authority to post something…we know hundreds called a lot of agencies and were given information.

    Troy can you issue a e-mail address so distributors can send you info they collected from any public offices…saying Zeek Rewards was legal or legit.

    People: Please help e-mail forward any info you have

    There was also a News channel skit saying how amazing it was…since taken off the air…Can “anyone find this footage”

    Here is another clip still out there:
    http://www.youtube.com/watch?v=SQrR4ivuiZY

    I think many are to blame…for what they did say…and why they did not act earlier….or were they just waiting for a fat cat???

    All I hope, is no more hurt continues, we can all chalk it up to a lesson.

    Through this the Network Marketing World will improve with better comp plans, compliance courses, and regulations.
    We want more help by authorities ‘to support the industry’, and realize that its a major player in the global business economy, not to leave programs un-checked to the last minute, thus hurting the overall industry, and the public’s view of Network Marketing

    America need’s Network Marketing, many are jobless, stay at home moms, wounded military and more, look to find new ways to generate income online. I only hope the government embrace the industry, as there is not much else out there.

    • Morten

      @Who’s fault

      I can answer some of it.

      The local TV-station (WFMY News 2) in the Piedmont area had a newscast about penny auctions and Zeekler, June 19th on the 11:00 news (in the evening), claiming Zeekler and ZeekRewards to be legal. The video was hastily removed when NCDOJ contacted them early the next day. They also made changes to the article on their website, in the last 2 sentences or so, linking to NCDOJ’s warning about pyramid schemes.

      It’s possible to SEE the changes in the article via the comments related to it (quote):
      ——–
      “This article is kinda funny near the end. Quote. ”If you are unsure about buying merchandise from a retailer or operation, the NC Department of Justice recommends this website.”
      It directs people to a site that talks about pyramid schemes. This lady does not seem to really know anything.”
      ——–

      SOURCE:
      http://www.digtriad.com/comments/232816/0/Popular-Penny-Auction-Website-Based-In-The-Piedmont

      So if anyone have tried to use that video or article in marketing, they have clearly tried to mislead you.

    • Morten

      @Who’s Fault

      The Youtube-video you linked to is the same as the one I was talking about. But that video only had 20 views or so, so it can’t have been much of a problem?

      WFMY News 2 pulled the video from the net in less than 12 hours when they received questions from the NCDOJ. They also removed offending material in the article, replacing it with a link to the pyramid scheme warning.

      ZeekRewardsNews published the story very quickly, as some kind of marketing effort or something. But it lost nearly all of its’ marketing value after the changes. It scared people away rather than attracting them, because of the pyramid sceme warning.

      If someone have used the video as marketing material, then they have clearly tried to mislead people. If you have been misled by it then you have reasons to blame your sponsor for that.

  • Lane

    Great job Troy. I’m impressed, it takes a big man to admit any mistake to himself much less publicaly. Keep the news coming.

  • Lane

    Troy I hope you have seen some of your impersonators on the net. Some are pretty funny. Remember imitation is the sincerest form of flattery.

    http://www.youtube.com/watch?v=1IINTaBslTE&feature=player_embedded

  • Mary

    Dave Kettner is now sending out emails to all the affiliates who signed up to be represented by the attorney group going after the SEC. His latest email is trying to get us to join something else where he gets a $20 bonus.

    • Dan Nguyen

      @Mary,

      Kettner, Craddock, Disner … are dogs not human … They will scam anything they can …

  • Brad

    Is there a way to get the Z logo to hang up in a frame? I would use it as a reminder and conversation piece like Enron, Arthur Anderson, Lehman Brothers, etc.

    Are there any books being written on the rise and fall of Zeek?

  • Gregg

    Please give some input on Go Fun Places and WCA weath creation Allaince Gregg

    • Troy Dooly

      Gregg,

      I have not looked at Go Fun Places. WCA started out way off base. They have since Hired at least two of the attorneys who are known to be solid network marketing attorneys. Now the question will be to see if these folks listen and make some changes.

  • Morten

    There seems to be popping up some credit card frauds after Zeek’s collapse.

    Here’s an example quote from Jimmy, BehindMLM:
    ——-
    The card I used to pay for my monthly subscription had 35 charges all back-to-back for the same amount. I disputed it but interesting to see someone else also had this anomaly.

    If the scammer had just made one charge for $700 I might never have seen it.
    ——-
    SOURCE:
    Post #460 in this thread:
    http://behindmlm.com/companies/zeek-rewards/did-zeek-rewards-management-know-about-the-sec/#comment-97913

    **********************************

    I have some additions to the “Freedom of Speech” discussion that partly has been a part of this thread / the other related threads about misleading info.

    “Freedom of Speech” is not the same as “Freedom of Whining”, the right most people tries to claim. “Freedom of Whining” is a completely personal right, in that it exists only in the person’s own mind and are not directly or indirectly supported by any laws.

    Fundamental Rights are generally both “vague” and “very basic”, the opposite of being specific. It means people will have to test them each time for whether they should be applied or not, through the use of common sense rather than a fixed set of rules. If we fail to perform the testing the result will usually become meaningless.

    Here’s an example, the Fundamental Right of food:
    Most people will realize that their local McDonalds restaurant is NOT violating any Fundamental Right to food when they close the restaurant at 11:00 in the evening. The right to food is NOT that specific, it doesn’t require specific or general food suppliers to provide specific or general people with food 24/7. So people expecting it to be applicable to a situation like that are heavily misguided.

    For me, it becomes meaningless when people tries to fight for rights they don’t understand themselves. To apply a fundamental right to something, you should first understand that right and its’ limitations.

    Often it will be better just to tell people about it when they have misunderstood something rather than allowing them to continue. So I will clearly tell people about it when they have misunderstood the Fundamental Right of food, or when they try to replace “Freedom of Speech” with “Freedom of Whining”, an imaginary right that only exists within their own head.

    @Troy

    You can clearly allow yourself to delete posts when they don’t add anything meaningful to the discussion, e.g. when people are trying to hijack a thread, are off-topic during several posts and other types of unwanted behaviour (spam, self promoting, or whatever).

    The only way to fight for “Freedom of Speech” is to limit it to that rule, and be critical to “Freedom of Whining” and other imaginary rules. Protecting “Freedom of Whining” doesn’t make much sense, it will only lower the respect for the real thing.

  • http://www.getyourcashbackcard.com/ Vik

    Thumbs up! Well done, Troy! Move on, lesson learned!
    I can’t wait for your Lyoness review!

  • hassan

    so is zeek commin bak

  • incomevin99

    Dockets have been filed in court this week and more information has been revealed regarding the assets of Zeek Rewards. The specific location of assets, such as solid trust pay, payza, NX Systems, etc are being filed in court. Its interesting how much was deposited in each bank/payment provider, etc. For example, Solid Trust Pay had $20 Million. So where exactly is the Money? Go to http://incomevin99.wordpress.com to find out more.

  • http://amlmskeptic.blogspot.com K. Chang

    Craddock and Kettner apparently paid enough to an attorney to file a $250 document with the court with “notice to appear”.

    “Please take notice that the undersigned, Rodney E Alexander, is appearing in this matter as local counsel for Fun Club USA, Inc and other entities whose assets were seized in connection with the above-referenced matter.”

    Some eWallets are FROZEN (but not seized) as precaution. There were NO MONEY SEIZED THUS FAR! All receiver did thus far is identify Zeek money.

    Thus, this notice to appear already contained one major mistake.

    Furthermore, the idea that Craddock hired “two” firms is only half true. He found this guy in Dallas who’ll take his money, but that guy’s not accredited in the NC Bar. So they had to hire an attorney local in NC Bar to “sponsor” the Dallas attorney to appear “pro hac” as co counsel.

  • W. M.

    Troy,

    How long do you suppose it will be if ever before Dawn O. can come out to share any thoughts on zeek? Its clear that she is disgraced and will likely never manage any business again. Still I would like to read her take on the events that lead to the end of zeek and what if anything she might need to come clean about.

    • Troy Dooly

      @W.M.,

      I would say it will be a while before anyone talks. At least not until we have a trail from one of the lawsuits.

  • fred sanford

    Troy,

    I like what your doing reguarding zeek, and think its a positive direction to move in, and will help regain some of your followers trust. I would like to offer a humble suggestion that could help readers when evaluating a comp. plan that has been reviewed. Instead of using your blanket disclosure a simple statement with the review, like “all expenses reguarding the events I attended were payed for by xyz company” or lunches, etc. This is completely your option and I’m not sure it would have made much difference with the zeek debocial but it is much more transparent an you can stand that much taller if another zeek comes across you desk. The problem I have with your current disclosure statement is its so generalized that it means nothing. If your critics state “he’s getting cash, computers, and jewels to put up a good reviews”; by your disclosure it’s true…..that’s all that I have to go by.

    • Troy Dooly

      @Fred,

      Thanks for sharing. I can understand where you are coming from. However, to put up a detailed disclosure would just be a waste of space because no one would take the time to read it.

      I am clear in the videos which are clients and which are not. Today is a prime example. We covered Blyth and ViSalus and I am very clear they are NOT clients. As apposed to Ocean Avenue, where I am very clear, I am writing their story.

      I am also very clear when we receive product etc. But your point is very clear, and will be taken to heart.

      Now, if you do the numbers you can see that based on the amount of stories and news we have done on the amount of companies we have reported on, most are not clients or any kind.

      Then when you add the radio shows, free training and even our small monthly membership, it is pretty easy to see where are not getting rich. :)

  • http://about.me/johnmilanoski.com John M

    Troy,
    We all have to put our faith in others and as an optimist you often expect that others are honest and doing what they say. You won’t always uncover the facts and hindsight is always 20/20.

    Each of us will be wrong often. It certainly is easier to sit back and criticize everything not understood. That type of person never risks anything and most likely does not gain much either. If they are right they get the luxury of doing the same ole destructive tear down statement of “see I told you so”. on the other hand, if they are wrong… its just oh well, no loss because they are a do nothing person anyway.

    All in all, you stepped up and spoke your thoughts. you continue to gain experience that will benefit many as you share. Often the most valuable person is the one that has made the most mistakes and has the future luxury of many uncommon distinctions.

    You are extra valuable because you DO look out for the industry and you do it with a heart that supports the industry. Everyone in any company ultimately relies on the truthfulness and integrity of those leading the company chosen as the vehicle.

    From my perspective, you reported on information that even the most diligent persons could uncover. There was much speculation on both sides of the fence. For most, it is a Notion that formulates the opinion. This leads the option of right or wrong as basic LUCK.

    For most of us, only time will be the reveler of truth. I hope that all your followers keep that in perspective with the FACT that the basket is still full of good apples and the tree is always producing more.

    Never let ONE company, miscalculations, missteps, and certainly anyone yelling “I told you so” to steal your dream.

    Thanks Troy and I will continue to visit your blog for your great insights.

    • Troy Dooly

      @JOhn M.

      Thank you sir for those words.

s2Member®