Archive for March 17th, 2015

March PP Blog Subscription Post

NOTE: This post originally was published March 4 at 1:07 p.m. It will remain in this slot for several days. New posts will appear below it. Dear Readers, As was the case with our 2,500th-post commemoration in November, there are four subscription options. In the spirit of that post and the 6th anniversary post in […]

Zeek Receiver Posts ‘Notice Of Certification Of Defendant Class Action’; Document Pertains To Thousands Of Alleged ‘Winners’

Zeek Receiver Posts 'Notice Of Certification Of Defendant Class Action'; Document Pertains To Thousands Of Alleged 'Winners'

What once was only theoretical in the context of MLM HYIP schemes — that a receiver appointed by a court could simultaneously sue thousands of “winners” from disparate locations for return of funds received from an alleged Ponzi or pyramid scheme — is now a reality. This reality was cemented today by the posting of […]