Tracy Davison, the founder of 60 Second Millionaire Secrets, lists a Makati City, Philippines, address for his operations, despite the venture's official contact being a PO Box in Antigua and Barbuda. This relocation follows his involvement with Zeek Rewards, an $850 million Ponzi scheme shut down by the U.S. Securities and Exchange Commission (SEC) in 2012. Davison is now a target of the Zeek Rewards receivership.

Before establishing 60 Second Millionaire Secrets, Davison promoted Penny Matrix, a $7-per-month recruitment program. His history further traces back to Zeek Rewards, where he claimed to be a "seven-figure income earner" in network marketing. Davison once stated he personally enrolled 58 individuals into a "recent opportunity," which then grew into an organization of 222,000 people. He attributed the company's eventual failure to "circumstances beyond my control."

That company was Zeek Rewards. It did not simply go out of business. The SEC intervened and closed it, identifying it as one of the largest Ponzi schemes in U.S. history. Davison, formerly residing in Pleasant Grove, Utah, appears on the Zeek Rewards receivership's official list of net-winners. These individuals are being sued to recover funds they received from the scheme that exceeded their initial investments. A 2011 Meetup profile confirms this is the same Tracy Davison, where he pitched turning "$10k into a million over the next year through Zeek Rewards."

His move to Makati City in the Philippines coincides with the period when the receivership intensified its efforts to claw back funds from top earners and net-winners. This timing suggests an attempt to evade legal service and the ongoing recovery process. The Philippines has historically presented challenges for international legal enforcement, though authorities increasingly cooperate on such matters.

60 Second Millionaire Secrets markets two training products, a video series and an audiobook, both claiming to teach users how to "think like a millionaire." Each product costs $7 per month. Affiliates must pay a $3 sign-up fee and then a $7 monthly fee to remain commission-qualified. They can also qualify by making a single $7 retail sale.

Commissions are paid through a 2x20 matrix structure. An affiliate occupies the top position, with two positions directly beneath on level one, four on level two, and so forth, extending down twenty levels. Each position represents either a paying customer or another affiliate.

The compensation plan has a specific design: affiliates earn commissions only on even-numbered levels. They receive 25 cents per position per month on these levels. No commissions are paid on odd-numbered levels. This means an affiliate fills level one with two people and earns nothing. They fill level two with four people and earn one dollar. Filling level three with eight people yields zero. Then, filling level four with sixteen people earns four dollars. The deeper levels hold thousands of positions, requiring substantial recruitment or sales before any income is generated from the next eligible level.

A 100% matching bonus applies to the matrix commissions earned by personally recruited affiliates. However, the core structure functions as a recruitment-driven pyramid. Affiliates pay $7 monthly, and this money directly funds the matrix commissions for those above them. When new recruitment slows, the flow of funds stops, causing the entire structure to collapse.

Davison attempts to mitigate this by selling leads through a separate operation he calls Pinoy Recruiters. He frequently promotes this service in his compensation plan presentations, suggesting affiliates purchase leads to sustain the growth of their downlines. Zeek Rewards employed a similar tactic, selling affiliates batches of what were often fake email addresses presented as legitimate leads.

The Zeek Rewards receivership continues its extensive efforts to recover approximately $350 million from over 100,000 net-winners. This process involves numerous legal actions aimed at returning funds to victims of the $850 million fraud. T LeMont Silver, another top earner from Zeek Rewards, also attempted to evade the receivership by relocating to the Dominican Republic. He was eventually served with legal papers and is now fighting in court to retain his Ponzi proceeds. Davison's current location in Manila may provide temporary refuge, but it does not grant immunity from the ongoing legal pursuit. Victims of Zeek Rewards can find information on the recovery process and claims portal at www.zeekrewardsreceivership.com.