Zeek Rewards

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

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 […]

Dawn Wright-Olivares Of Zeek Rewards Sentenced To 7.5 Years In Federal Prison

Dawn Wright-Olivares Of Zeek Rewards Sentenced To 7.5 Years In Federal Prison

BULLETIN: Dawn Wright-Olivares, the former COO of Zeek Rewards, has been sentenced to seven and one-half years in federal prison. The sentence was imposed by U.S. District Judge Max O. Cogburn Jr. of the Western District of North Carolina. The office of U.S. Attorney Jill Westmoreland Rose prosecuted Wright-Olivares for investment- and tax-fraud conspiracy. Daniel Olivares, […]

Zeek Receiver Has $104K Judgment Against TrafficMonsoon Pitchman Now Pushing TrafficPowerline

Zeek Receiver Has $104K Judgment Against TrafficMonsoon Pitchman Now Pushing TrafficPowerline

On Oct. 14, 2015, the federal court clerk for the Western District of North Carolina signed a judgment of $104,743.55 against Adrian John Hibbert of Sully, United Kingdom. The judgment was in favor of Zeek Rewards’ receiver Kenneth D. Bell, records show. Bell had sued Hibbert and other U.K. residents in March 2015 for return […]

SINISTER: TrafficPowerline, A Ponzi-Board ‘Program,’ Threatens BehindMLM

SINISTER: TrafficPowerline, A Ponzi-Board 'Program,' Threatens BehindMLM

“The threat did not explain now a negative review on BehindMLM could be any worse than a fawning sales pitch on MoneyMakerGroup. ‘Programs’ that have appeared on that forum have caused billions of dollars in losses globally.” — PP Blog, Sept. 5, 2016 TrafficPowerline, a “program” whose thread-starter at the MoneyMakerGroup Ponzi forum has more than 4,700 posts, […]

Zeek Receiver Establishes Victims’ Email Address In Advance Of Sentencing Next Month For Dawn Wright-Olivares and Daniel Olivares

Zeek Receiver Establishes Victims' Email Address In Advance Of Sentencing Next Month For Dawn Wright-Olivares and Daniel Olivares

2ND UPDATE 12:53 P.M. EDT U.S.A. With sentence court set next month for Zeek Rewards’ figures Dawn Wright-Olivares and Daniel Olivares, Zeek receiver Kenneth D. Bell has established an email address for victims who wish to tell their story to the court. “Victims of these offenses are entitled to be heard at sentencing,” Bell wrote […]

SEC Declines Comment On Whether It Contacted Traffic Monsoon Pitchman Sunil Patel About Saturday Rally In England

SEC Declines Comment On Whether It Contacted Traffic Monsoon Pitchman Sunil Patel About Saturday Rally In England

Traffic Monsoon pitchman Sunil Patel has promised “security” at a “Revolution Day” rally Saturday in the area of Brighton Beach/Brighton Pier in England to advocate for the alleged Ponzi scheme. In a video post today on Facebook, Patel claimed the SEC has contacted him about the event. The SEC this afternoon declined to comment on […]

EDITORIAL: Arguments Of Zeek Winners Continue La-La Land Narrative, But Come As No Surprise In MLM’s HYIP Wing

EDITORIAL: Arguments Of Zeek Winners Continue La-La Land Narrative, But Come As No Surprise In MLM's HYIP Wing

Many people in the antiscam community applauded Kenneth D. Bell, the receiver for Zeek Rewards, when he sued more than 9,000 individuals more than two years ago for return of their gains from the scheme. Those gains — more than $200 million — came from Ponzi proceeds, Bell alleged. And he pointed out that the […]

Private Attorneys Now Investigating Traffic Monsoon

Private Attorneys Now Investigating Traffic Monsoon

UPDATED 1:15 P.M. EDT U.S.A. It has happened in previous cases involving alleged violations of federal securities laws, and now it’s happening with Traffic Monsoon. “The Peiffer Rosca Wolf law firm is investigating Traffic Monsoon, LLC and Charles Scoville’s alleged Ponzi scheme on behalf of investors – whom Traffic Monsoon called ‘members,’” the firm said […]

Some Traffic Monsoon Promoters Are Zeek Clawback Defendants

Some Traffic Monsoon Promoters Are Zeek Clawback Defendants

UPDATED 11:51 A.M. EDT U.S.A. Zeek Rewards’ receiver Kenneth D. Bell had no comment this morning on reports that some Zeek clawback defendants also were participants in Traffic Monsoon, alleged last week by the SEC to have been a Ponzi scheme that had gathered at least $207 million. The reports appeared on RealScam.com. In March […]