Citing ongoing litigation with VictoriaBank, the Zeek Receivership has announced an interim partial distribution.
Zeek Rewards @ BehindMLM
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.
Payza, one of the three parties the Zeek Receiver is pursuing over a $13.1 million clawback, has agreed to a consent judgment for the full amount owed.
On March 15th the Zeek Receiver filed his Status Report for the fourth quarter of 2018. Among other things, the Receiver revealed 44.2% of net-winner payments have been successfully clawed back.
The SEC’s interest in pursuing Trudy Gilmond has come to an end, following acceptance of a tendered settlement offer.
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.