zeekrewardsAs part of the ongoing litigation against those who stole the most money from Zeek Rewards victims, the defendants have requested a defense expert be appointed to argue their case.

Part of the fees charged by this defense expert are to be footed by victims of the $850 million dollar Ponzi scheme.

As directed by the Western District Court of North Carolina, the net-winner defendants have ‘submitted proposals from three potential defense experts‘.

A court filing dated March 4th reveals that

the Court has reviewed the proposals as well as the Receiver’s comments submitted in letter form.

It appears to the Court that scope of the work as proposed by Berkeley Research Group (“BRG”) is the most appropriate.

Accordingly, Defendants should obtain a rough estimate of the fees and costs from each proposed expert using the scope of work as outlined in BRG’s proposal.

Once obtained, Defendants should submit the new proposals to the Court.

On their website, Berkeley Research Group claim that they

thrive in the midst of tough, high-stakes challenges.

Companies trust our independent thinking and ability to find effective and creative approaches to their most complex, unstructured problems.

The firm is based out of Emeryville, California in the US and headed up by David Teece (Chairman).

In a book published in 2012 titled “Predator Nation: Corporate Criminals, Political Corruption, and the Hijacking of America”, author Charles H. Ferguson criticized Berkeley Research Group

for focusing primarily “on helping companies avoid or influence legislation, public debate, regulation, prosecution, class-action lawsuits, antitrust judgments, and taxes.”

Should the firm ultimately wind up defending Zeek’s net-winners, sounds like “helping Ponzi scammers avoid paying back the millions they collectively stole from their victims” might be right up their alley.

Stay tuned…


Footnote: Our thanks to Don@ASDUpdates for providing a copy of Judge Mullen’s March 4th order.


Update 30th May 2015 – In an order dated 27th of May 2015, Judge Mullen has approved the appointment of Berkeley Research Group as expert witness for the net-winners.

BRG is therefore directed to proceed with Phase I of their work plan as set forth in their proposal, and the Receivership will bear the expenses.

BRG shall report to the undersigned during the course of their engagement on behalf of the Defendant class.

Doesn’t seem to be a schedule as of yet.