BULLETIN: Darryle Douglas, Alleged Zeek Insider, Arrested
BULLETIN: (4th update 9:11 p.m. ET U.S.A.) Alleged Zeek Rewards’ insider Darryle Douglas has been arrested in Riverside, Calif.
Court filings docketed March 7 in the SEC’s civil case against Zeek say Douglas, whose age was not listed, was arrested March 2 by the U.S. Marshals Service.
On Dec. 10, 2015, Senior U.S. District Judge Graham C. Mullen of the Western District of North Carolina ordered marshals to arrest Douglas for civil contempt of court. On Jan. 5, 2016, marshals said they had not located him and that Douglas was the subject of an ongoing investigation.
He is believed to reside in Orange County, Calif., an area close to Riverside in the southern part of the state.
Word of the arrest was received tonight. The warrant issued by Mullen in December specified that Douglas was to be brought to North Carolina. The PP Blog could not immediately determine this evening if a transport had taken place.
Douglas, who allegedly had access to Zeek’s database and did not return it as ordered, may be involved with a nascent scheme known as Auction Attics, the PP Blog reported last year. Others have said Auction Attics was morphing into something called Auction Addicts.
Zeek was a penny-auction fraud that gathered on the order of $900 million, the SEC has said.
NOTE: Our thanks to the ASD Updates Blog.
About dang time!! Why aren’t all of them in jail and all of their assets seized and used to pay back all of the people they INTENTIONALLY hurt?!!!
The authorities have done this all before and know to make damn sure every T is crossed, every is dotted and the accused are allowed to explore every single legal right so there’s no chance of a comeback.
They have to be given the right to exhaust all of the legal rights available to them under the constitution available to them so there’s possibility of dismissal on technical grounds.
Don’t worry, the case hasn’t been forgotten and the assets / proceeds are safe.