The Zeek Rewards Receiver filed his second quarter 2021 report on July 30th. Not much happened in the second quarter outside of the IRS losing an appeal case.
Zeek Rewards @ BehindMLM
A technicality ruling by the Fourth Circuit will see Roman Balanko and VictoriaBank keep $13.1 million in stolen Zeek Rewards victim funds.
Due to several outstanding issues, the Zeek Rewards Receivership has been extended through to 2021.
The Zeek Rewards Receiver has provided an update on last partial distribution payments. In his April 20th update, the Receiver states:
Citing ongoing litigation with VictoriaBank, the Zeek Receivership has announced an interim partial distribution.
In a recent update published on the Zeek Receivership website, the Receiver revealed Zeek Rewards’ net-winners attempted to take their case to the Supreme Court. Not sure how I’d missed it but this was certainly news to me.
The Zeek Rewards Receiver’s contempt motion against VictoriaBank has been denied.
Rather than waste time chasing down Zeek Rewards scammers to collect judgment, the Receiver has opted to sell net-winner judgments to a third-party.
Following Kenneth Bell’s appointment as a District Judge, Matthew Orso has taken over the Zeek Rewards Receivership. In a May 22nd announcement, Orso has provided a roadmap towards final distribution payments.
In an announcement published earlier this month, the Zeek Rewards Receiver has provided some updates on final distribution payments.