I read on CNN today that a company called “Zeek Rewards” was just shut down by the SEC for being a ponzi scheme. After some research into how ZeekRewards worked, all the same telltale signs were there from the originalUsers of ZeekRewards.com and Zeekler.com are searching for answers -- and their lost money -- after the Securities and Exchange Commission charged the sites' owner, Paul Burks, with an alleged $600 million Ponzi scheme. "I was in shock," said a ZeekThe biggest was ZeekRewards, an alleged $600 million internet Ponzi scheme that involved one million customers. The SEC shut down the operation Friday. On Thursday the agency announced fraud charges against a former college football coach for anLast week, the federal government froze the assets of Rex Venture Group, LLC, the parent company of Zeek Rewards that was headquartered in Lexington, calling it a pyramid and Ponzi scheme on the verge of collapse. Since January 2011, the company andCHARLOTTE, NC (WGHP) — A U.S. District Court judge has designated a temporary receiver to handle the assets of ZeekRewards following the SEC's shutdown of the website and its parent company. Kenneth D. Bell of McGuireWoods LLP was appointed
Related External LinksSEC shuts down Ponzi scheme operator ZeekRewards.com ...Receiver for Zeek Rewards unsure what money will be returned ...Receiver for Zeek Rewards unsure what money will be returned
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