No one is really sure what these payments will look like, but if you lost money in Zeek Rewards, you could see payments coming your way out of the reported $320 million collected by the receivers.
An estimated 840,000 people lost money in Zeek Rewards but he claims process is now closed.
It will be interesting to see how many people get money back.
Receiver Ken Bell, the Charlotte attorney tasked at collecting Zeek assets for potential claimants, said he anticipates filing a motion in November seeking an interim partial disbursement of at least part of the nearly $320 million gathered to date. Bell, in a quarterly update filed Wednesday in U.S. District Court in Charlotte, also said he expects a distribution will be made next year.
Great article Ty, thanks! I hope the people that were with Zeek don’t give up on MLM becuase of the bad experience.
good news, i wish this should be with all the MLM investments.