The SEC’s interest in pursuing Trudy Gilmond has come to an end, following acceptance of a tendered settlement offer.
Articles under ‘Zeek Rewards’:
As revealed in the Zeek Rewards Receiver’s third quarter report for 2018, another $405,187 has been recovered from the Ponzi scheme’s net-winners.
In the recently filed Status Report for the Second Quarter of 2018, the Zeek Receiver has revealed $169 million has been awarded in net-winner judgments.
In an attempt to dismiss their victims, a cliché trotted out whenever the government steps in and shuts down a scam is that said government will keep most of the money. What scammers don’t realize is that there are checks and balances in place to ensure this doesn’t happen, as evidenced by a recent SEC [Continue reading…]
For their part in defrauding Zeek Rewards Ponzi victims out of $1.8 million, the Receiver sued USHBB and operators James More, Oscar H. Brown and Robert Mecham in 2015. Default judgement was entered against USHBB ($675,000) and James Moore ($109,130) in 2015. Pending approval from the court, the Receiver has reached a settlement agreement with [Continue reading…]
The Zeek Rewards Receivership is one step closer to recovering $13.1 million from VictoriaBank, following the denial of rehearing petition.
The Zeek Rewards Receiver’s Status Report for the first quarter of 2018 reveals another $2 million has been recovered from net-winners.
Following the granting of an appeal in favor of the Zeek Rewards Receiver, VictoriaBank has filed a rehearing petition.
Last we checked in, Howard Kaplan’s Zeek Rewards clawback lawsuit had been scheduled for trial this June. Following that order, Kaplan and the Receiver entered into mediation on February 28th. Ongoing negotiations have lead to a proposed settlement, which will see Kaplan return almost four hundred thousand dollars to Zeek Rewards Ponzi victims.
The Zeek Rewards Receiver is one step closer to recovered $13.1 million in stolen investor funds, following the reversal of a District Court decision.