Full Statement From Zeek Receiver On Motion To Certify Net Winner Class
EDITOR’S NOTE: Zeek receiver Kenneth D. Bell has issued the following statement (below). The original is here and is dated July 30, 2014. “RVG” stands for Rex Venture Group, the operator of Zeek. Zeek is alleged to be a Ponzi- and pyramid scheme that gathered on the order of $850 million. The receiver’s statement addresses […]
URGENT >> BULLETIN >> MOVING: Judge Approves Filing Of Lawsuits Against Alleged Zeek Insiders, Winners
URGENT >> BULLETIN >> MOVING: (2nd update 3:21 p.m.) Senior U.S. District Judge Graham C. Mullen of the Western District of North Carolina has issued an order authorizing the court-appointed receiver to file lawsuits against alleged Zeek insiders and winners. Receiver Kenneth D. Bell asked for the order last week. He is expected to file […]
If The Good Lord’s Willing And The Creek Don’t Rise, Be At The Zeek Rewards Auction On Dec. 16 And 17
UPDATED 7:42 P.M. ET (U.S.A.) Not only is the court-appointed receiver in the Zeek Rewards Ponzi-scheme case selling Zeek’s old headquarters (with attached coin-operated laundry) in Lexington, N.C., he’s also selling a hefty collection of country-music memorabilia and other entertainment keepsakes. Among them is a “Saturday Night Live Script featuring Johnny Cash and musical guest […]
BULLETIN: Zeek Rewards Claims Portal Scheduled To Open ‘On Or Before’ May 15, Receiver Says
BULLETIN: The claims portal for the alleged Zeek Rewards Ponzi scheme is scheduled to open on or before May 15, the court-appointed receiver has announced. “It is with pleasure that I report on May 8, 2013, the U.S. District Court for the Western District of North Carolina granted our motion seeking Court approval of our […]
BULLETIN: Receiver Says $12 Million In Zeek Money Located ‘In An Eastern European Country’ — But Has Not Been Returned
BULLETIN: (2ND UPDATE 8:47 P.M. ET U.S.A.) The court-appointed receiver in the Zeek Rewards Ponzi-scheme case says he has located $12 million in receivership assets held in an unspecified “eastern European country” — but the funds have not been returned. “This account is owned and was used by a payment processor outside the United States […]