Zeek victims to pay $35,000 towards winner’s defense
The battle between Zeek victims and those who stole $1000 or more from them inches closer to resolution, following a proposal to appoint legal counsel.
If approved, Zeek Rewards $1000 or more in winnings net-winner class will be represented by Kevin Edmunson. Edmunson was representing Aaron and Shara Andrews, Rhonda Gates and Innovation Marketing LLC – all Zeek Rewards net-winners.
Part of proposed consent order to appoint class counsel will see Zeek Rewards victims foot a $35,000 legal bill, as previously ordered by the court.
Money that would obviously be better spent going to the victims themselves, but a relatively small price to pay given the amount owed should Zeek’s net-winners lose in court.
And given everything else that’s happened in the Zeek Receiver cases thus far, that looks to be the inevitable conclusion we’re slowly heading towards.
Even then, it’s still not too late for net-winners to reach a settlement with the Receiver.
As noted in the proposed consent order:
Not withstanding the appointment of class counsel, members of the Net Winner Class and the Receiver are still permitted to discuss a potential settlement of the Receiver’s claims against them even though they have become members of the Net Winner Class.
The order now sits before Judge Mullen awaiting approval.
Footnote: Our thanks to Don@ASDUpdates for providing a copy of the August 24th Proposed Consent Order.
Update 15th September 2015 – The proposed consent order was signed by Judge Mullen on the 14th of September. Kevin Edmunson is now representing all $1000 or more Zeek net-winners going forward.
Well, hopefully this turns out to be good news in the end. As a fool who went into Zeek and lost, I find it very frustrating that those who did make out pretty well just ignore legal methods to repay any of the money they took from the Zeek ponzi.
I personally do not care if I get another dime back from this although the receiver feels more will be returned. I don’t want anyone to go to jail except for maybe those who made a lot and have been in scams before and have been in scams since. I am talking the real hardcore people who try to do this as a way of life. Those types need to be stopped.
But there are plenty of folks who made quite a bit who have not been served with anything and they need to pay back the funds that they took. I have personally talked to 4 people who made a good amount from Zeek and what their intentions are when they get filed on and the answers have quite amusing.
Anyway, hopefully something gets moving on this front soon.
Long time serial ponzi promoters TeamAaronShara have not stopped promoting questionable “opportunities”.
Like other ponzi promoters before them, having legal issues does not stop them from trying to suck more money from others.
This is their latest drivel:
I’m not sure exactly what they are promoting, but if these serial ponzi promoters are involved it must be dodgy.
I Never Trusted Anyone Who Capitalized The First Letter Of Every Word !
i bLAME tHE eDUCATION sYSTEM, mYSELF.
WHaT AboUt rAndom CApitAliZers?
well, you can trust me blindly.
Article updated with news of Judge Mullen signing the proposed consent order.