ZeekRewards News
Press releases and network marketing news for ZeekRewards, archived on Npros.
ZeekRewards press releases and updates
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ZeekRewards Founder Arraigned in Federal Court
November 13, 2014 - Charlotte, NC -- The founder and former president of ZeekRewards, Paul Burks, was arraigned Thursday on federal charges of wire and mail fraud, conspiracy and tax fraud. Burks entered a plea of not guilty during the hearing. If convicted, he could face a 65-year sentence and a ... Read more
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ZeekRewards President Indicted On Federal Charges
<strong>ZeekRewards President Indicted On Federal Charges For Operating $850 Million Internet Ponzi Scheme</strong> FOR IMMEDIATE RELEASE October 24, 2014 United States Attorney Anne M. Tompkins Western District of North Carolina CHARLOTTE, N.C. – The president of ZeekRewards, Paul Burks, has ... Read more
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ZeekRewards Receivership Page Now Up
The Receiver for ZeekRewards has created a website to communicate with affiliates and the public. Included on the site is the SEC complaint against Rex Venture Group, LLC d/b/a ZeekRewards.com and Paul R. Burks, alleging that the company and Burks fraudulently sold unregistered securities as part of... Read more
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ZeekRewards Receiver Wants Affiliate Profits Returned
Kenneth Bell, the court-appointed receiver for ZeekRewards and Rex Venture Group, said that he intends to recover assets from affiliates who "took more out of Rex Ventures than they put in." In a letter to ZeekRewards affiliates dated September 13, Bell wrote that "Many of you received little or not... Read more
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Receiver Recovers 300 Million in ZeekRewards Assets
The court-appointed receiver for Rex Venture Group and ZeekRewards has recovered nearly $300 million in assets so far and says that there may be tens of millions of dollars more to secure.Kenneth Bell of the Charlotte law firm McGuireWoods LLP was appointed to recover assets after the SEC shut down ... Read more
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Zeek Rewards Shut Down by SEC – Assets Frozen
August 18, 2012 -- On Friday, The Securities and Exchange Commission shut down Zeek Rewards and its parent company, Rex Venture Group, filing a complaint in federal court in Charlotte and freezing the approximately $225 million in investor funds in the company's bank accounts. According to the S... Read more
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ZEEK REWARDS CLOSES DOORS
LEXINGTON, N.C. — Rex Venture Group, the company that operates Zeekler.com and Zeek Rewards, has closed its headquarters and is apparently under investigation by the North Carolina Attorney General. Signs posted on the windows of the company's headquarters stated that the offices were closed and ins... Read more