Zeek Rewards

PP Blog Tag archives on references to "Zeek Rewards."

SEC Charges Zeek Figure Keith Laggos With Publishing Fake News To Sanitize Ponzi/Pyramid Scheme

SEC Charges Zeek Figure Keith Laggos With Publishing Fake News To Sanitize Ponzi/Pyramid Scheme

Keith Laggos, an AdSurfDaily Ponzi scheme figure and the onetime publisher of Network Marketing Business Journal, has been charged by the SEC with securities fraud for illegally touting the Zeek Rewards scheme and using NMBJ to sanitize the egregious fraud that gathered hundreds of millions of dollars. Among the agency’s allegations is that “Laggos’s favorable […]

BULLETIN: Paul Burks Of Zeek Rewards Sentenced To More Than 14 Years; Judge Comments On ‘Cheerleaders’

BULLETIN: Paul Burks Of Zeek Rewards Sentenced To More Than 14 Years; Judge Comments On 'Cheerleaders'

3RD UPDATE 4:52 P.M. ET U.S.A. Paul Burks, the principal behind the $939 million Zeek Rewards Ponzi- and pyramid scheme broken up by the SEC and the U.S. Secret Service in August 2012, has been sentenced to 176 months in federal prison, the office of U.S. Attorney Jill Westmoreland Rose of the Western District of North Carolina […]

Zeek Net-Winner Notifications Expected To Begin Soon; Receiver To Establish ‘Net Winnings Determination Response Portal’

Zeek Net-Winner Notifications Expected To Begin Soon; Receiver To Establish 'Net Winnings Determination Response Portal'

If you’re a net winner in the massive Zeek Rewards’ Ponzi- and pyramid scheme, your notice that you must return your ill-gotten haul with interest may arrive as early as next week. Under the terms of a court order by Senior U.S. District Judge Graham C. Mullen, the notice will apply to more than 9,000 alleged winners […]

BULLETIN: TelexFree Trustee Moves For Default Judgments Against Dozens Of Alleged Overseas ‘Winners’

BULLETIN: TelexFree Trustee Moves For Default Judgments Against Dozens Of Alleged Overseas 'Winners'

BULLETIN: TelexFree Trustee Stephen B. Darr has moved for assessments of damage and default judgments against dozens of alleged overseas “winners” in the massive Ponzi- and pyramid scheme. The motion before Chief U.S. Bankruptcy Judge Melvin S. Hoffman of the District of Massachusetts asks for millions of dollars from about 33 TelexFree promoters with non-U.S. […]

Zeek Receiver Solicits Victim Letters For Feb. 13 Sentencing Of Paul Burks

Zeek Receiver Solicits Victim Letters For Feb. 13 Sentencing Of Paul Burks

Paul Burks will be sentenced Feb. 13 for his criminal role in Zeek Rewards, and the court-appointed receiver is soliciting letters from victims of the combined Ponzi- and pyramid scheme that affected hundreds of thousands of people. Zeek gathered hundreds of millions of dollars in a massive fraud scheme broken up by the SEC and […]

Zeek Receiver To Make Third Distribution To Ponzi Victims, Says A Fourth Is Possible

In an announcement dated Jan. 12, 2017, Zeek receiver Kenneth D. Bell said he’ll make a third distribution to Ponzi victims and that a fourth is possible. After the third distribution,  victims will have received about 75 percent of their losses, Bell said. The third distribution is set for March 15. Let us note here that […]

Zeek Figures Wright-Olivares, Olivares Listed As Federal Prisoners

Zeek Figures Wright-Olivares, Olivares Listed As Federal Prisoners

The landing spots for two key Zeek Rewards figures now are known. Former Zeek COO Dawn Wright-Olivares is listed as inmate 29336-058 at FMC Carswell in Fort Worth, Texas. The facility is a Federal Medical Center for female offenders and has an adjacent minimum security satellite camp, according to the Federal Bureau of Prisons website. […]

URGENT >> BULLETIN >> MOVING: Judge Begins Process Of Ordering Judgments Against Zeek Net Winners; Millions Awarded So Far, Millions More Pending

URGENT >> BULLETIN >> MOVING: Judge Begins Process Of Ordering Judgments Against Zeek Net Winners; Millions Awarded So Far, Millions More Pending

URGENT >> BULLETIN >> MOVING: At long last, there is a spectacular crack in the ceiling of MLM HYIP Ponzi Land! Senior U.S. District Judge Graham C. Mullen of the Western District of North Carolina has begun the process of ordering judgments against Zeek Rewards’ winners sued by receiver Kenneth D. Bell, according to the docket of […]

REPORT: Nicholas Smirnow, Pathway To Prosperity Operator, Sentenced To Prison In Canada

REPORT: Nicholas Smirnow, Pathway To Prosperity Operator, Sentenced To Prison In Canada

Nicholas Smirnow, the operator of the Pathway To Prosperity Ponzi-board “program” charged with fraud by U.S. authorities in 2010, has been sentenced in Canada to seven years in prison. News of the sentence appeared Sept. 30 at MuskokaRegion.com. Smirnow was arrested in Canada for P2P-related crimes in 2014. The United States has submitted an extradition […]

BULLETIN: Judge Certifies Class-Action Lawsuit Against 15,000 Alleged TelexFree ‘Winners’ In United States

BULLETIN: Judge Certifies Class-Action Lawsuit Against 15,000 Alleged TelexFree 'Winners' In United States

BULLETIN: U.S. Bankruptcy Judge Melvin S. Hoffman has certified a defendant class-action lawsuit brought by TelexFree Trustee Stephen B. Darr against about 15,000 alleged TelexFree “net winners” in the United States. The ruling means “clawback” cases against alleged U.S. winners will proceed. Darr has alleged aggregate payments to the domestic net winners exceed $100 million and must […]

Payments To 41,000 Zeek Participants At Risk

If you were a claimant in Zeek Rewards — and if you did not submit the required OFAC certification and release — you are at risk of not receiving a payment from the court-appointed receiver. OFAC stands for the Office of Foreign Assets Control. As receiver Kenneth D. Bell explained on the FAQs section of the receivership […]