RPP

PP Blog Tag archives on references to "RPP."

URGENT >> BULLETIN >> MOVING: Zeek Rewards Claims Process Approved By Federal Judge

URGENT >> BULLETIN >> MOVING: Zeek Rewards Claims Process Approved By Federal Judge

URGENT >> BULLETIN >> MOVING: A federal judge has approved the claims process in the Zeek Rewards Ponzi scheme case. The order approving the process was signed today by Senior U.S. District Judge Graham C. Mullen, meaning that claims must be submitted within 120 calendar days from today. Zeek Rewards receiver Kenneth D. Bell submitted […]

FOR ZEEKERS: Court-Appointed Receiver Asks Federal Judge To Approve Claims Process, Bar Date — And More

FOR ZEEKERS: Court-Appointed Receiver Asks Federal Judge To Approve Claims Process, Bar Date -- And More

“In examining these facts, the Receiver has determined that because the VIP Points aspect of the multilevel marketing program did nothing more than redistribute funds among Affiliates in Ponzi-scheme fashion, points generated and/or accumulated by Affiliates will not be an includable part of an Affiliate’s claim for purposes of receiving a distribution from the Receivership […]

Nearly $2 Million Allegedly At Stake For 3 Arizona Zeek Affiliates Who Received Subpoenas, Filings Say

Nearly $2 Million Allegedly At Stake For 3 Arizona Zeek Affiliates Who Received Subpoenas, Filings Say

“[Zeek operator Paul] Burks is solely responsible for determining the amount of ‘net profits’ to share in the Retail Profit Pool . . . Defendants represent that daily awards are calculated by dividing ‘up to 50%’ of daily net profits by the number of Profit Points outstanding among all Qualified Affiliates. This calculation results in […]