There is reportedly $225 million in assets scattered across international banks that a receiver (attorney) will be attempting to figure out what to do with.
Now, if your company needs to scatter it’s money across more than a dozen international banks, isn’t that a red flag?
So, if you are looking to get some of your money back, there is now an official web site within information:
http://www.zeekrewardsreceivership.com/
The site has case documents, an FAQ and a place to make contact via email.
Here is what the site says:
On August 17, 2012, the Securities and Exchange Commission (“SEC”) filed a Complaint in United States District Court, Western District of North Carolina, Charlotte Division, against Rex Venture Group, LLC (“Rex Venture”) d/b/a ZeekRewards.com (“ZeekRewards”), and Paul R. Burks. The SEC alleges that Rex Venture and Burks offered and sold unregistered securities in a combined Ponzi and pyramid scheme.
On August 17, 2012, Judge Graham C. Mullen issued an Order appointing Kenneth D. Bell of McGuireWoods LLP as temporary receiver (“Receiver”) for Rex Venture Group, LLC d/b/a ZeekRewards.com. The August 17th order directs the Receiver to, among other things, take control and possession of and to operate the Receivership Estate, and to perform all acts necessary to conserve, hold, manage and preserve the value of the Receivership Estate.
At this time there is no claims process and no distribution. The Receiver is currently gathering ZeekRewards investment history and harmed investor information from the Defendants in an effort to facilitate the claims process and subsequent distribution to harmed investors.
How about restructuring Zeek and get better management talent to run it. It is more practical to save it and save the people's money rather than allowing it to fold. The business model can be improved too.
i agree i dont care what they do if zeek comes back bigger better and stronger then thats great if not i'll be satisfied with just want my money back
Burn in HELL u bastards.
Cancel it!!! Don’t wait until you regret it! Don’t trust anyone who try to HELP you. They just want to put salt on your wound. zeekler offers refunds.
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