Posted by ASDUpdates on January 25th, 2013
I received this in my email, which seems to have originated from Cynthia Woods, former Zeek affiliate and presumed ASD member. The subject of the email is “Rags 2 Riches…OMG!! HURRY DON’T MISS THIS ONE!”. The email showcases the lackadaisical attitude the top Zeek sponsors have to the current Zeek legal situation and/or the legality or ethics of getting people involved in these schemes. It seems to have little effect on them recruiting and migrating everyone over to a new “Better than Zeek” program.
The problem I see is this program is probably just as illegal as Zeek Rewards and uses some of the enticement tactics used by other now failed “Advertising” opportunities that were deemed as Ponzi schemes. I think the sponsors realize all of this but their reasoning is clouded by visions of getting wealthy on the backs of others without really caring about the consequences.
And here we have the opening salvo:
Part of the sign-up stuff includes these:
- $99.99 Sign Up/Annual Fee
- Pre-Purchased Advertising (Optional)
- Auto-Ship Advertising Packages (ASAP – Optional)
$19.99, $49.99, or $99.99 per month
- $19.99 provides a single user or merchant the ability to advertise an offer on the OfferHubb system which is valid for redemption over any two (2) day period and Affiliates will earn 20 monthly Auto-Ship Points (ASP).
- $49.99 provides a single user or merchant the ability to advertise an offer on the OfferHubb system which is valid for redemption over any five (5) day period and Affiliates will earn 50 monthly Auto-Ship Points (ASP).
- $99.99 provides a single user or merchant the ability to advertise an offer on the OfferHubb system which is valid for redemption over any ten (10) day period and Affiliates will earn 100 monthly Auto-Ship Points (ASP).
Adding to the obvious, there is this disclaimer:
If you make a purchase from OfferHubb you are purchasing advertising space on OfferHubb’ website and mobile applications. You are NOT purchasing stock or any other form of “investment” or equity. You MUST actually use the advertising that you purchase, sell the advertising, or allocate it to potential advertising customers to help grow your business.
I always laugh when I read disclaimers like this in these programs. Similar disclaimers did not help BizAdSplash, AdViewGlobal, Ad Surf Daily (ASD), or any of the other “advertising” scams of the past. It reminds me of “Star Wars” when Obi Wan said, “These are not the droids you are looking for”. These people are not Jedi nor can they perform Jedi mind tricks, but they do seem to get this past a lot of people dead set on making money any way possible.
The “OfferHubb Compensation Plan” says:
Representatives of the Company will have the opportunity to receive compensation in FIVE WAYS!
1. Sales Commissions (15%) on your direct sales
2. Commission overrides on any Affiliates you sponsor (10%) and Affiliates they sponsor (5%) 3. A Bonus Point Pool of 50% of daily profits – Currently 5X Points Bonus
4. 20% commissions on Auto-Ship Advertising Packages personally sold
5. Potentially very large Auto-Ship Matrix bonuses
This is the program that Craddock has mentioned on calls and keeps eluding to in his recent updates. It is a safe bet that all of the big-name former Zeek sponsors and Diamond Affiliates will be lining up to join this new “opportunity” along with their downlines. I hope people have some sense and stay away from OfferHubb as it will soon suffer the same fate of Zeek. Having a similar business model as Zeek or ASD is an absolute guarantee that the Feds will be watching you.
The recent appointment of a former Federal Prosecutor as the new head of the Securities and Exchange Commission forces one to envision that the future of these “advertising” and other investment scams are highly limited; that’s a good thing. No matter how one restructures a questionable program/scam’s business model it will not sanitize it beyond the reach of Law Enforcement.
You can put lipstick and a different dress on a pig, but it is still a pig. The Feds need to file RICO charges on these serial promoters. Only then will they take notice.