SEC Shutdown of ZeekRewards: BetterNetworker Instructor Todd Falcone Responds

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BetterNetworker Instructor Todd Falcone recently posted a video on BetterNetworker.com highlighting the dangers of getting involved with companies that promise “big money fast.” The video is a response to the recent events surrounding ZeekRewards, a $600 million MLM company that was just shut down by the SEC as a Ponzi scheme. Falcone’s video will be featured in the August 24th issue of BetterNetworker’s “What’s Hot” newsletter.

Better Networker

Better Networker

People want to make money, now, fast, big. That’s what all of us want. But big money doesn’t happen fast, and if it does, there’s a red light flashing, meaning it’s probably not going to last very long.

Just a few days ago, Forbes reported the SEC shut down the $600 million dollar company ZeekRewards as an alleged Ponzi scheme on the verge of collapse. The news shocked the “penny auction” opportunity’s distributors, with many taking frantically to social media and email to try and make sense of what had happened, and to see what their options are now that the company has been handed over to a temporary receiver.

In light of these recent events, BetterNetworker Instructor Todd Falcone decided to record a video discussing what had happened, which he posted on the site for members to view. Here are some excerpts of what Mr. Falcone had to say:

“So many people got hurt in this recent deal, and I got so many emails from people that got smacked. They’re like ‘I put everything into that,’ Falcone says.

“I get it. People want to make money, now, fast, big. That’s what all of us want. But big money doesn’t happen fast, and if it does, there’s a red light flashing, meaning it’s probably not going to last very long. In 20 plus years of network marketing, I’ve seen the big money fast deals come along, and they just don’t last.

“It requires hard work and consistency and commitment. When something says ‘No sponsoring required,’ ‘Get in and you’ll get a check,’ ’Mega cash money machine,’ I’d run in the other direction. Accept the fact that accumulating wealth takes time.“

Falcone’s video will be featured in BetterNetworker’s Friday issue of their tri-weekly “What’s Hot” newsletter, according to Editor Victoria Garment.

“Todd’s video is really powerful,” she says. “He’s known for his blunt, hold-nothing-back style, and this video is a perfect example of that. When you see these scams revealed, it’s always a shame, because network and Internet marketing already has a certain stigma around it from people who go about trying to make money the wrong way. But the point Todd makes that I think is the most important for people to come away with is that you’re responsible for making your own decisions, for looking at what it is you’re involved in, and for doing your research. So many people get into this industry for all the wrong reasons, and really have no idea how much dedication, commitment, and time it takes to be successful. It’s not an overnight thing, and most people fail to see that. By featuring Todd’s video in our newsletter, we hope to help educate our members about the dangers of getting involved with an opportunity for the wrong reasons.”

To view the article and video, please visit http://www.betternetworker.com/videos/view/mlm-news/ultimate-temptation-big-money-fast

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Jason Better
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