Tag: U.S. District Judge Graham C. Mullen
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URGENT >> BULLETIN >> MOVING: Judge Orders U.S. Marshals To Arrest Zeek Figure Darryle Douglas
URGENT >> BULLETIN >> MOVING: (3rd Update 6:25 p.m. ET U.S..) Senior U.S. District Judge Graham C. Mullen of the Western District of North Carolina has ordered the U.S. Marshals Service to arrest alleged Zeek Rewards’ insider Darryle Douglas for civil contempt of court. The order was issued yesterday and included a directive for marshals to execute an…
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ZEEK: Settlements Possible With MLM Attorneys, Nehra And Waak Law Firm
A North Carolina lawyer for a Michigan MLM law firm and MLM attorneys Gerald Nehra and Richard Waak advised a federal judge yesterday that a settlement was possible among her clients and the court-appointed receiver in the Zeek Rewards’ Ponzi- and pyramid-scheme case. Receiver Kenneth D. Bell sued the lawyers and the firm in September, alleging…
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Court Approves Zeek Receiver’s Settlement With MLM Attorney Kevin Grimes, Law Firm
UPDATED 10:44 A.M. EDT U.S.A. In an amended complaint filed in August 2014, Zeek Rewards’ receiver Kenneth D. Bell sued MLM attorney Kevin Grimes, the Grimes & Reese law firm and a Grimes-related entity known as MLM Compliance VT LLC. Among other things, Bell alleged that Grimes and MLM Compliance received $843,000 from the Zeek…
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RECEIVER: Zeek Winner ‘sovlife’ Created 80 Victims In Cross-Border Ponzi/Pyramid Scheme
UPDATED 11:45 P.M. EDT U.S.A. David Ian MacGregor Fraser, a New Zealand resident who used the handle “sovlife” and is challenging a U.S. court’s jurisdiction over him in Zeek Rewards’ clawback actions, enrolled 96 paying members — 80 of whom were “victims,” according to court-appointed receiver Kenneth D. Bell. Those 80 victims lost a total…
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BULLETIN: Court Orders $2.1 Million Judgment Against Trudy Gilmond, Key Zeek Rewards’ Clawback Defendant
UPDATED 9:35 P.M. EDT U.S.A. Saying that Zeek Rewards’ clawback defendant Trudy Gilmond of Vermont “refused” to appear in North Carolina federal court on May 27 as directed, Senior U.S. District Judge Graham C. Mullen has entered a judgment against Gilmond for $2,129,522.27. Mullen’s ruling is a significant win for Zeek receiver Kenneth D. Bell.…
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Zeek Receiver Posts ‘Notice Of Certification Of Defendant Class Action’; Document Pertains To Thousands Of Alleged ‘Winners’
What once was only theoretical in the context of MLM HYIP schemes — that a receiver appointed by a court could simultaneously sue thousands of “winners” from disparate locations for return of funds received from an alleged Ponzi or pyramid scheme — is now a reality. This reality was cemented today by the posting of…
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BULLETIN: To Hinder Recovery, Zeek Assets Were Funneled To Cook Islands And Used To Purchase Property In Turks And Caicos, Receiver Says
BULLETIN: The court-appointed receiver in the Zeek Rewards Ponzi- and pyramid case says millions of dollars in Zeek assets were transferred from the United States to the Cook Islands in the South Pacific by a former Zeek vendor known as Preferred Merchants Solutions LLC. At least part of the money allegedly then was used to…