Zeek Rewards @ BehindMLM

As late as February 1st, 2016, Trudy Gilmond was still adopting a “if I ignore it, it’ll go away” approach to her upcoming Zeek Rewards trial. Gilmond was sued by the SEC late last year for her role as a top investor in the Zeek Rewards Ponzi scheme. An attorney conference had been scheduled for February 1st, [Continue reading…]

Yesterday BehindMLM reported on a court order directing Payza, Payment World and VictoriaBank to return $13.1 million dollars in funds stolen through Zeek Rewards. Today the Zeek Receiver’s filed accompanying Memorandum has also been unsealed, shedding light on the games the three entities have been playing over the past three years.

The ongoing battle between the Zeek Rewards Receiver and Payza looks set to heat up, with the filing of a contempt motion on February 12th. The motion requests the court order Payza, Payment World and VictoriaBank turn over stolen Ponzi funds, or in the alternative they be found in contempt.

In Zeek Rewards’ heyday, NxPay (NxSystems) was the ewallet of choice by the company. Content to turn a blind eye to the hundreds of millions of dollars in fraud taking place through its processor systems, NxPay was instrumental in Zeek’s ongoing business operations. In acknowledgement of this, the court-appointed Receiver filed a clawback lawsuit against [Continue reading…]

A far cry from the $100 million the Receiver initially sued Gerry Nehra for, a motion filed yesterday reveals a proposed $100,000 settlement. $100,000 represents just 0.1% of the initial damages sought, with the Receiver signing off on the figure because, purportedly, Nehra and Waak have already spent all or a substantial portion of the [Continue reading…]

For his role in scamming Zeek Rewards victims, September 2014 saw Darryle Douglas his with a $2.2 million dollar default judgement. Rather than pay back the victims he stole from though, Douglas sought to further profit by attempting to launch Auction Attics. Douglas professed he was going to pitch Auction Attics to individuals on an authorized copy [Continue reading…]

Trudy Gilmond was one of the top earners in the Zeek Rewards Ponzi scheme. For her efforts, Gilmond was named a net-winner and was sued by the court-appointed Zeek Rewards Receiver. The Receiver sought $1.7 million from Gilmond, which would see her return all of the money she stole from investors. Gilmond responded to the Receiver’s lawsuit [Continue reading…]

Despite pleading to be spared any jail time just over a week ago, Robert Craddock has been sentenced to six months in prison. The sentence is in connection to two counts of wire fraud, which Craddock plead guilty to back in June.

With his plans to launch Auction Attics using the Zeek affiliate database in ruins, Darryle Douglas’ mounting legal problems continue to escalate. The latest has seen the Zeek Receiver file a motion ‘requiring Darryle Douglas to personally appear and show cause‘. This filing sees Douglas now facing contempt for failing to comply with court orders.

Zeek Rewards figure Robert Craddock plead guilty to unrelated wire fraud back in June. In exchange for pleading guilty, Craddock and the US Attorney’s Office reached an agreement wherein prosecutors would recommend to the Court that the defendant receive a two level downward adjustment for acceptance of responsibility. As per a filing by Craddock dated October 20th, [Continue reading…]