Zeek Rewards

URGENT >> BULLETIN >> MOVING: (4th Update 5:14 p.m. ET U.S.A.) The U.S. Department of Justice has sued North Carolina-based Four Oaks Bank, alleging that it turned a blind eye to fraud markers at Rex Venture Group LLC and processed “close to $60 million in ACH transactions in furtherance of the illegal scheme.” Rex Venture […]

A columnist at Jornal.US News Service is reporting in Portuguese that TelexFree members are receiving instructions on how to register for the “program” by using location-masking proxies and bogus information on their countries of residence. Here is the English translation by Google Translate. TelexFree has been the subject of a pyramid-scheme probe in Brazil since […]

SPECIAL REPORT: (Updated 5:48 a.m. Jan. 7, U.S.A.) N. Donald Jenkins Jr., an Arkansas attorney listed as a registered agent for Wandering Phoenix LLC, a firm federal prosecutors have linked to Zeek Rewards’ figure Dawn Wright-Olivares, was ordered disbarred on May 30, 2013, records show. He thrice previously was ordered suspended from the practice of […]

EDITOR’S NOTE: A “razorback” is a wild (feral) hog present in certain U.S. states, including Arkansas. The University of Arkansas calls its sports teams the “Razorbacks.” Zeek Rewards Ponzi-scheme figure Dawn Wright-Olivares, an Arkansas resident, recently opened a Clarksville restaurant called “The Healthy Hog.” Though the words “healthy” and “hog” may appear to be in […]

The court-appointed receiver in the Zeek Rewards Ponzi-scheme case has announced he is in the process of sending a batch of more than 80,000 Notices of Claims Determination. This is the first batch of such notices, which the receiver began to issue yesterday. The first batch is expected to take through Dec. 31 to be […]

“So tell me what I see when I look in your eyes. Is that you baby or just a brilliant disguise?” — Bruce Springsteen, Jersey Shore poet, lyricist, singer, musician, philanthropist and American icon. From “Brilliant Disguise” on the “Tunnel of Love” album, Columbia Records, 1987 That something can become an embarrassment to an entire […]

URGENT >> BULLETIN >> MOVING: (21st update 5:49 p.m.) Zeek Rewards figures Dawn Wright-Olivares and Daniel Olivares of Clarksville, Ark., have been charged criminally by federal prosecutors in the Western District of North Carolina and sued civilly by the SEC. Among the criminal allegations are tax-fraud conspiracy and investment-fraud conspiracy, according to a charging document. […]

UPDATED 11:23 A.M. ET (U.S.A.) The November/December issue of Home Business Advertiser carries a puff piece on TelexFree promoter Scott Miller. The one-page article, described by the publication as a “totally wild cover story,” does not reference TelexFree by name. Nor does the piece mention that TelexFree is the subject of a pyramid-scheme probe in […]

It won’t be quite like buying Bonnie and Clyde’s fateful getaway car, but it still will represent a purchase of American crime or fraud history. In Lexington, N.C., tomorrow — on the second and final day of the court-approved Zeek Rewards auction — pieces of MLM Ponzi-scheme history will be put up for bid. And […]

UPDATED 5:14 P.M. ET U.S.A. The court-approved auction in the Zeek Rewards Ponzi scheme case is being conducted today and tomorrow. Bidding already is under way — and you can observe it live. We just observed bidding for an autographed poster of Loretta Lynn start out at $100. Competitive bids flowed in, and the poster […]

EDITOR’S NOTE ADDED AT 4:59 P.M. DEC. 14 AND UPDATED 8:39 A.M. ET (DEC. 16, U.S.A.): The URLs below now should be clickable. If not, they can be copied and pasted into the location bar of your browser. We apologize for the earlier formatting errors. Original story below . . . BULLETIN: The government of […]