Zeek

PP Blog Tag archives on references to "Zeek."

BULLETIN: Extraordinary Drama Playing Out In Zeekland; Credit-Card Processor Says It Has Been ‘Rendered Insolvent’ Through Misconduct Of Paul Burks And Rex Venture Group

BULLETIN: Extraordinary Drama Playing Out In Zeekland; Credit-Card Processor Says It Has Been 'Rendered Insolvent' Through Misconduct Of Paul Burks And Rex Venture Group

BULLETIN: (8th Update 10:09 p.m. ET Dec. 18 U.S.A.) Payment vendor for a Ponzi-board “program?” More than two years after the shutdown of Zeek Rewards by the SEC, Plastic Cash International, a credit-card processor and would-be debit-card vendor for Zeek, said it has been “rendered insolvent as a result of the misconduct of [Rex Venture […]

URGENT >> BULLETIN >> MOVING: Court Denies Zeek Winners’ Motions To Dismiss Clawback Actions, Upholds Jurisdiction

URGENT >> BULLETIN >> MOVING: Court Denies Zeek Winners' Motions To Dismiss Clawback Actions, Upholds Jurisdiction

URGENT >> BULLETIN >> MOVING: (3rd Update 10:03 a.m. ET Dec. 10 U.S.A.) The federal judge presiding over clawback cases against alleged Zeek Rewards “winners” has dismissed jurisdictional challenges and a claim by the winners that Zeek was not selling securities under the Howey Test. The rulings mean that clawback claims seeking millions of dollars […]

Some Zeek Claimants From Outside The United States Unable To Deposit Distribution Checks; Receiver Provides Guidance

Kenneth D. Bell, the Zeek Rewards receiver, published an announcement last night that certain Zeek claimants from outside the United States who received a distribution check were unable to deposit it. Here is the announcement, dated Oct. 30, 2014 (italics/bolding added). ANNOUNCEMENT FROM THE RECEIVER – October 30, 2014 Various foreign claimants have reported that […]

BULLETIN: Receiver Sues Zeek ‘Winners’ In Canada

BULLETIN: Receiver Sues Zeek 'Winners' In Canada

BULLETIN: New court filings today in the Western District of North Carolina show that the court-appointed receiver in the Zeek Rewards Ponzi- and pyramid-scheme case has sued 26 alleged “net winners” in Canada. Each of the defendants allegedly received at least $50,000, according to filings by receiver Kenneth D. Bell. More . . .

URGENT >> BULLETIN >> MOVING: Zeek’s Paul Burks Indicted

URGENT >> BULLETIN >> MOVING: Zeek's Paul Burks Indicted

URGENT >> BULLETIN >> MOVING: (3rd update 9:15 p.m. EDT U.S.A.) Alleged Zeek Rewards operator Paul R. Burks has been indicted by a federal grand jury in Charlotte, N.C., on charges of wire and mail fraud, wire- and mail-fraud conspiracy and tax-fraud conspiracy. Burks, 67, of Lexington, N.C., is the third Zeek figure to be […]

RECEIVER: Zeek Rewards Was ‘Pig’ To Which MLM Lawyers Attemped To Apply ‘Lipstick’ — While One Of The Lawyers Participated On Massive Ponzi Scheme’s ‘Leadership Calls’

EDITOR’S NOTE: Kevin Grimes, MLM Compliance VT LLC and the Grimes & Reese law firm have argued that the claims against them should be dismissed. Zeek’s receiver argues otherwise, saying a “bogus ‘compliance course’” advanced by Grimes helped dupe the Zeek masses. Zeek affected hundreds of thousands of people, the SEC has said. Legal malpractice […]

DEVELOPING STORY: Zeek Figure Robert Craddock Accused Of Trademark Infringement And Engaging In ‘Shake-Down’ Bid Against MLM Affiliates

DEVELOPING STORY: Zeek Figure Robert Craddock Accused Of Trademark Infringement And Engaging In 'Shake-Down' Bid Against MLM Affiliates

EDITOR’S NOTE: The story below focuses mostly on a lawsuit filed against Zeek Rewards figure Robert Craddock by a Nevada company known as BTG180. A lawsuit filed against Craddock by a Wyoming company known as OfferHubb.net Inc. makes similar claims against Craddock. ** ___________________________________** DEVELOPING STORY: (4th Update 10:12 a.m. EDT Oct. 14 U.S.A.) Zeek […]

UPDATE: Ad For Book By Zeek Figure Robert Craddock Appears On Drudge Report

UPDATE: Ad For Book By Zeek Figure Robert Craddock Appears On Drudge Report

DISCLOSURE: The PP Blog carries ads from AdChoices that are delivered by Google. UPDATED 7:22 A.M. EDT OCT. 12 U.S.A. The PP Blog observed yesterday that a new book by Zeek Rewards figure Robert Craddock now is available on Amazon.com after earlier having been listed as “Out of Print” and with “Limited Availability.” The price […]

SEC Declines To Comment On New Claims Attributed To Zeek Figure Robert Craddock

SEC Declines To Comment On New Claims Attributed To Zeek Figure Robert Craddock

UPDATED 8:30 P.M. EDT U.S.A. The SEC this afternoon declined to comment on a confounding claim attributed to Zeek Rewards figure Robert Craddock that Zeek took in $1 billion in 12 months and that the U.S. government should have modeled a “stimulus program” after Zeek instead of shutting it down in 2012. News that Craddock […]

BULLETIN: Zeek Receiver Issues More Than 90,000 Checks

BULLETIN: Zeek Receiver Issues More Than 90,000 Checks

BULLETIN: Kenneth D. Bell, the court-appointed receiver in the Zeek Rewards pyramid- and Ponzi-scheme case, says he has issued and mailed 90,297 checks “to Affiliates that hold Allowed Claims as their first interim, partial distribution.” The SEC has decribed Zeek as a fraud scheme that gathered hundreds of millions of dollars. The first round of […]

BULLETIN: MLM Attorney And Companion Entity Received $843,000 Through Sale Of ‘Bogus Compliance Course’ That Served As ‘Window Dressing’ For Ponzi- And Pyramid Scheme, Zeek Receiver Says

BULLETIN: MLM Attorney And Companion Entity Received $843,000 Through Sale Of 'Bogus Compliance Course' That Served As 'Window Dressing' For Ponzi- And Pyramid Scheme, Zeek Receiver Says

BULLETIN: (2nd update 9:54 p.m. EDT U.S.A.) MLM attorney Kevin Grimes and a companion entity known as MLM Compliance VT LLC received $843,000 from the Zeek Rewards pyramid- and Ponzi scheme through the sale of a “bogus compliance course,” receiver Kenneth D. Bell has alleged in an amended complaint. The amended complaint, filed yesterday, includes […]