One of the individuals leading an advocacy group openly critical of the Securities and Exchange Commission's ("SEC") handling of the alleged $600 million Zeek Rewards Ponzi scheme has reportedly been subpoenaed to appear before the SEC....
"Hundreds of thousands of Zeek victims have waited patiently for months as the Receiver has completed the work necessary to provide an easy to use, fair and efficient claims process. But yet again, it appears that counsel pursuing their own agenda...
The court-appointed receiver for the $600 million ZeekRewards
Ponzi scheme filed a quarterly report yesterday that provides a clear recap
of his efforts to date, including asset recovery, the ongoing investigation,
and clawback litigation. The Receiver...
"Unbeknownst to its investors, ZeekRewards is, in reality, a massive Ponzi and pyramid scheme. "
The Securities and Exchange Commission ("SEC") announced late Friday that it had filed suit against ZeekRewards, alleging it...
The court-appointed receiver overseeing the recovery of
funds for victims of the $600 million ZeekRewards Ponzi scheme issued an update
today to address several pending issues. Kenneth D. Bell, the Receiver,
posted a three-page letter on the court...