David J. Boozer promoted JubiRev as a "guaranteed profit" opportunity, a claim that echoed the infamous Zeek Rewards Ponzi scheme. Boozer’s marketing blog featured an affiliate link for JubiRev, inviting visitors to "be successful" and "get guranteed profit" from the program. This direct promise of returns raises immediate flags with US regulators, who view such income opportunities critically.
Paul Burks, the former CEO of Zeek Rewards, left a significant mark on the multi-level marketing industry. He introduced many to the Ponzi scheme model, convincing a large number of participants that the structure was legitimate. Following the collapse of Zeek Rewards, a wave of its former affiliates began pushing new "revenue-sharing" MLM Ponzi schemes, each seeking to replicate Burks's earlier success.
Many investors in these various revenue-sharing companies first started their Ponzi careers with Zeek Rewards. It is no surprise then that familiar marketing terminology from those earlier schemes now reappears. JubiRev’s "guaranteed profit" claim is a prime example.
Boozer addressed the Ponzi scheme accusations in a fourteen-minute video. He quickly dismissed the idea that JubiRev was a Ponzi scheme, despite its business model sharing the same "Ponzi points" structure as the $600 million Zeek Rewards operation. He challenged viewers, suggesting they get a 9-5 job if they believed his venture was a Ponzi scheme.
Boozer then labeled 9-5 jobs, Social Security, and Medicare as Ponzi or pyramid schemes. This argument, however, did not address JubiRev’s specific business model or its inherent structure. He also stated in the video that "every network marketing company should have a revenue-sharing program." This recommendation for widespread adoption of revenue-sharing programs aligns with the model often used in such schemes.