Payment World
PP Blog Tag archives on references to "Payment World."
PAYZA TO ZEEK RECEIVER: Don’t Blame Us
Payza, an HYIP-friendly payment processor that recently bragged on Twitter about its attendance at an event for the teetering TrafficMonsoon scheme, has advised a federal judge that it is not responsible for millions of dollars that allegedly went missing in the Zeek Rewards’ scheme taken down by the SEC in 2012. Zeek receiver Kenneth D. Bell […]
Certain International Zeek Members Due Distribution From Receiver Eligible To Receive Wire Transfer — But There Are Restrictions
In a May 6 announcement, Zeek Rewards’ receiver Kenneth D. Bell shares important news with international Zeek members who have been unable to cash checks from the U.S.-based receivership estate. “Many foreign Affiliates have reported that they are unable to deposit or cash their distribution checks due to local banking fees and regulations. We filed […]
SPECIAL REPORT: Zeek Money May Be In Collapsed Russian Bank
EDITOR’S NOTE: For background, see Feb. 17 PP Blog story: RECEIVER: Payza And Payment World ‘Facilitated’ Zeek Ponzi Scheme; Whereabouts Of $13.1 Million An ‘Open Question’ (Updated 11:14 a.m. ET U.S.A.) Money due victims of Zeek Rewards from transactions involving Payza and Payment World may have been transferred from VictoriaBank in Moldova to JSC TusarBank in […]
RECEIVER: Payza And Payment World ‘Facilitated’ Zeek Ponzi Scheme; Whereabouts Of $13.1 Million An ‘Open Question’
Zeek Rewards’ receiver Kenneth D. Bell has gone to federal court in the Western District of North Carolina, alleging that the Payza and Payment World payment processors “facilitated” the epic cross-border Zeek Ponzi- and pyramid scheme. More than $13.1 million in funds from North Carolina-based Zeek that could be used to compensate victims ended up in […]
BULLETIN: Zeek Receiver May Push For Contempt Against Payza
BULLETIN: New court filings in the Zeek Rewards’ Ponzi- and pyramid-scheme case brought by the SEC in 2012 say Zeek receiver Kenneth D. Bell may ask a federal judge for a finding of contempt against Payza, a payment processor. The news comes as federal prosecutors continue a criminal investigation involving Payza and Obopay, another payment processor. Prosecutors […]
STATS: High Interest Globally In Criminal Probe Involving Payza And Obopay
On the past four Mondays — Oct. 26, Nov. 2, Nov. 9 and Nov. 16 — the PP Blog averaged viewership from 32 countries, according to a compilation of data from Jetpack summarized by the Blog. These numbers are typical. On any given day, viewers from between 25 and 40 countries arrive here. But on Oct. […]
ZEEK RECEIVER: ‘Multilayered Investigation Into [Rex Venture Group] And Its Insiders, Advisors, And Financial Institutions’ Continues
![ZEEK RECEIVER: 'Multilayered Investigation Into [Rex Venture Group] And Its Insiders, Advisors, And Financial Institutions' Continues](https://patrickpretty.com/wp-content/uploads/2014/05/ponzinews1-150x150.gif)
The court-appointed receiver in the Zeek Rewards Ponzi- and pyramid case says his “multitilayered investigation into [Zeek operator Rex Venture Group] and its insiders, advisors, and financial institutions” continues. Receiver Kenneth D. Bell has been at the helm since the epic collapse of the Zeek MLM HYIP scheme in August 2012. The SEC initially filed […]