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Zeekrewards - Zeekrewards.com
Lynndel
post Dec 9 2015, 01:38 PM
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This is just the beginning of those who will be charged criminally for their role in Zeek. You can be sure the other "insiders" of Zeek will be next. This is far, far, far, far from being over.

Now it remains to be seen how this criminal charge will play out in the civil case that Trudy has been named in by the Receiver. It sure won't help her and those named with her in the civil trial in their defense Zeek wss legal and was illegally shut down by the authorities. Not to mention her claim that she "worked" for her money and shouldn't have to give it back blather she spouted.


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Lynndel
post Dec 15 2015, 11:21 AM
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And the hits just keep on coming. NxPay (NXSystems) has agreed to pay back $3.5 Million Dollars of the $9 Million Dollars they took in from Zeek. In reaching this deal with the Receiver, NxPay had to acknowledge that the total amount of ill-gotten gains from Zeek was $9 Million Dollars.

Darryle Douglas had an arrest warrant issued for him for failing to appear on December 3 in court in North Carolina. The court had allowed him this extended time to appear, and once again Darryle put his head in the sand and ignored the court order. Of course he has also ignored the Receiver to return over $2 Million Dollars he was paid in Zeek, so the Receiver filed a default judgment against him. This was the purpose of the December 3 hearing before Judge Mullen. The US Marshals Service will arrest him and then he will be extradited back to North Carolina to appear before Judge Mullen. I would not want to be in Darryle's shoes when he appears before Judge Mullen.

Katherine Parker, from Canada, another Zeek winner who is fighting to keep her ill-gotten gains, filed another "Sovereign" response claiming the court did not have jurisdiction over her, and all of her other nonsense. This is the 3rd time she has tried to avoid having to pay back her ill-gotten gains. Ms. Parker is about to get a rude awakening as to just how much authority the court really does have over her.

As I said, this is far, far, far, far from being over.


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Lynndel
post Dec 15 2015, 05:11 PM
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Chalk up another one for the Receiver. He had sued Gerald Nehra and Richard Waak for $100 Million Dollars for their role in Zeek Rewards. A settlement agreement has been reached in which Gerald Nehra and Richard Waak agree to pay $100,000 and admit to a judgment of $100 Million Dollars. They also had to acknowledge that Zeek Rewards/Rex Venture Group in fact operated an unlawful Ponzi and pyramid scheme.

According to the documents submitted with the settlement agreement, the $100,000 represented all of the assets of Nehra & Waak, both in cash and physical assets, literally bankrupting the firm. So much for Gerald Nehra being hailed as the Guru of MLM Attorneys as he was portrayed by Zeek, TelexFree and ASD Cash Generator.




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Lynndel
post Feb 18 2016, 12:14 AM
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Trudy Gilmond is trying the "if I ignore it, it will go away" defense in her case with the SEC. An attorney conference was scheduled for February 1, with the SEC attorneys not being able to reach Trudy on that day. A follow-up attempt to contact Gilmond (right) was made on February 3rd, with SEC attorney John Bowers claiming ‘Gilmond was unable or unwilling to respond regarding the issues presented‘.

As such, the SEC alone filed a proposed trial schedule on February 10th. Judge Mullen signed off on the schedule on February 17th, ordering a five-day trial to kick off on September 11th.

Perhaps in anticipation of Gilmond’s continued non-cooperation, Mullen stressed in his order that: the deadline indicated on the published trial calendar may not be extended for any reason. Failure to comply with this deadline WILL result in sanctions.


Get the feeling the judge is none to happy with her ignoring the courts hearings? I doubt she will even bother to show up for her trial, and then Judge Mullen can toss her sorry rear end in prison for contempt.






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cardsfan80
post Mar 3 2016, 06:55 PM
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QUOTE (Lynndel @ Dec 15 2015, 12:21 PM) *
And the hits just keep on coming. NxPay (NXSystems) has agreed to pay back $3.5 Million Dollars of the $9 Million Dollars they took in from Zeek. In reaching this deal with the Receiver, NxPay had to acknowledge that the total amount of ill-gotten gains from Zeek was $9 Million Dollars.

Darryle Douglas had an arrest warrant issued for him for failing to appear on December 3 in court in North Carolina. The court had allowed him this extended time to appear, and once again Darryle put his head in the sand and ignored the court order. Of course he has also ignored the Receiver to return over $2 Million Dollars he was paid in Zeek, so the Receiver filed a default judgment against him. This was the purpose of the December 3 hearing before Judge Mullen. The US Marshals Service will arrest him and then he will be extradited back to North Carolina to appear before Judge Mullen. I would not want to be in Darryle's shoes when he appears before Judge Mullen.

Katherine Parker, from Canada, another Zeek winner who is fighting to keep her ill-gotten gains, filed another "Sovereign" response claiming the court did not have jurisdiction over her, and all of her other nonsense. This is the 3rd time she has tried to avoid having to pay back her ill-gotten gains. Ms. Parker is about to get a rude awakening as to just how much authority the court really does have over her.

As I said, this is far, far, far, far from being over.


Can you tell us what we should do as victims of Auction Addicts from DD? A lot of money was taken in, and no one has answers. We have heard some are calling the receiver. How can
someone continue to scam and get away with it with so much legal trouble already?
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Lynndel
post Mar 10 2016, 01:17 AM
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QUOTE (cardsfan80 @ Mar 3 2016, 06:55 PM) *
Can you tell us what we should do as victims of Auction Addicts from DD? A lot of money was taken in, and no one has answers. We have heard some are calling the receiver. How can
someone continue to scam and get away with it with so much legal trouble already?


You are asking questions that are very difficult to answer. Here's why:

First, the Feds did not shut down AuctionAtticsAddicts. Darryle just ran with the money. So no Receiver will be appointed for AuctionAttics/Addicts. The Receiver in the Zeek case would not have jurisdiction in AuctionAattics/Addicts. All he is able to do is collect the $2+ Million Darryle received in Zeek he was not entitled to keep through the clawback action.

I would recommend that you contact the payment processor and ask for a charge back/refund for failure to receive the products promised that you paid for, if bank wire, get the bank to reverse it if you can. It is you only hope of getting anything back. It will depend on how long ago you sent DD the money.

As for how can he get away with it? Very simple, he has not been charged with anything yet, and people willingly joining AA. In the eyes of the law he did not commit any crime in starting up a new program. If he had been charged in the Zeek case, then all of you would not have joined in the first place. We were warning people not to join this as it was a blatant Ponzi, even more so than Zeek. But as always most people refuse to believe our warnings.

We can only hope that the victims in this will pay attention to our warnings the next time before they rush to join. As I said your only hope is filing a complaint with the payment processor, or asking your bank to reverse the wire if you paid through a wire transfer. I hope as many as possible can file a complaint and get as much money back as possible. I see this as your only hope of ever getting anything back.

The only good news is that DD was apprehended by the Riverside County Sheriff's office and is now in custody waiting to be returned to North Carolina to appear before the judge to answer to his refusal to appear in his two previous court dates. This is just the beginning of his legal problems.


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Lynndel
post Mar 10 2016, 09:55 AM
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I should have added if you paid by credit card do a charge back as well. But no matter if bank wire, credit card, payment processor, you need to file a charge back/wire reversal IMMEDIATELY.


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Lynndel
post Jul 15 2016, 09:45 AM
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After months of delay, Paul Burk's criminal trial got underway on July 5. After an attempt to request another delay, the judge denied the request and the trial commenced. The prosecution has already rested, and now it is the defense's turn. Burk's lawyers asked for a summary dismissal of the charges as they claimed the government had not proven its case. The judge denied the motion and now the defense is presenting their side of the case.

Since there is not a reporter in the court covering this trial, information is spotty and very limited. No indication of how long it will take for the defense to present their case. After the defense rests, then there will be closing arguments, then instructions to the jury and the jury will begin deliberation. If I had to guess, I would think the jury will get the case by next Friday, but it is just a guess.


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munnymachine
post Jul 15 2016, 09:51 AM
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QUOTE (Lynndel @ Jul 15 2016, 12:45 PM) *
After months of delay, Paul Burk's criminal trial got underway on July 5. After an attempt to request another delay, the judge denied the request and the trial commenced. The prosecution has already rested, and now it is the defense's turn. Burk's lawyers asked for a summary dismissal of the charges as they claimed the government had not proven its case. The judge denied the motion and now the defense is presenting their side of the case.

Since there is not a reporter in the court covering this trial, information is spotty and very limited. No indication of how long it will take for the defense to present their case. After the defense rests, then there will be closing arguments, then instructions to the jury and the jury will begin deliberation. If I had to guess, I would think the jury will get the case by next Friday, but it is just a guess.


Are the court transcripts not a matter of public record?


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Lynndel
post Jul 15 2016, 09:55 PM
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QUOTE (munnymachine @ Jul 15 2016, 09:51 AM) *
Are the court transcripts not a matter of public record?


Yes they are, but they are very sketchy and do not contain details of the proceedings. Mostly just the judge's rulings on the various motions put before the court.


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Lynndel
post Jul 20 2016, 05:25 PM
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Paul Burks filed a Motion for an Acquittal on count four of his indictment, Tax Fraud on July 19. No ruling from the judge on this motion,


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Lynndel
post Jul 21 2016, 01:56 PM
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Just announced:

Department of Justice
U.S. Attorney’s Office
Western District of North Carolina

FOR IMMEDIATE RELEASE
Thursday, July 21, 2016

Former ZeekRewards CEO Is Convicted Of Federal Charges For Operating $900 Million Internet Ponzi Scheme

CHARLOTTE, N.C. – U.S. Attorney Jill Westmoreland Rose announced that a federal jury sitting in Charlotte retuned a guilty verdict today against the former CEO of ZeekRewards for operating a $900 million Internet Ponzi scheme. Following a three-week trial, the jury convicted Burks, 69, of Lexington, N.C., of wire and mail fraud conspiracy, wire and mail fraud, and tax fraud conspiracy.

Michael Rolin, Special Agent in Charge of the United States Secret Service, Charlotte Field Division and Thomas J. Holloman III, Special Agent in Charge of the Internal Revenue Service, Criminal Investigation Division (IRS-CI) join U.S. Attorney Rose in making today’s announcement.

“For nearly two years, Burks used deceit and dishonesty to engineer an extensive Ponzi scheme that amassed millions of dollars from thousands of victims, many in the Western District of North Carolina. This massive scam is one of the largest in breadth and scope ever prosecuted by this office. I commend the United States Secret Service and the IRS agents who worked closely with our prosecutors to unravel Burk’s fraud and to obtain a conviction against the mastermind of a scheme that has left so many victims with substantial losses. I want to remind the public to steer clear of ‘get rich’ schemes and to follow the old adage that if it looks too good to be true, it likely is,” said U.S. Attorney Rose.

“Today’s verdict is the result of a joint investigative effort and it is representative of the commitment the U.S. Secret Service and our partners have towards ensuring those intent on defrauding the citizens of North Carolina and the United States are held accountable,” said Special Agent in Charge Rolin.

According to filed court documents, court proceedings, evidence introduced at trial and witness testimony:

From January 2010 through August 2012, Paul Burks was the owner of Rex Venture Group, LLC (RVG), through which he owned and operated Zeekler, a sham Internet-based penny auction company, and its purported advertising division, ZeekRewards (collectively “Zeek”). Burks and his conspirators induced more than 900,000 victims – including over 1,500 victims in the Charlotte area – to invest in their fraudulent scheme, by falsely representing that Zeekler was generating massive retail profits from its penny auctions, and that the public could share in such profits through investment in ZeekRewards. Burks and his conspirators, including Zeek’s former Chief Operating Officer Dawn Wright Olivares and her step-son and Zeek’s Senior Technology Officer Daniel C. Olivares, claimed at one point that investors would be guaranteed a 125% return on their investment.

Burks and his conspirators represented that victim-investors in ZeekRewards could participate in the Retail Profit Pool (RPP), which supposedly allowed victims collectively to share 50% of Zeek’s daily net profits. Burks and his conspirators did not keep books and records needed to calculate such daily figures. Instead, Burks simply made up the daily “profit” numbers. Contrary to the conspirators’ claims, the true revenue from the scheme did not come from the penny auction’s “massive profits.” Instead, approximately 98% of all incoming funds came from victim-investors, which were then used to make Ponzi-style payments to earlier victim investors.

In addition to promising massive returns on investments, Burks and his conspirators used a number of ways to promote Zeek to current and potential investors. For example, the conspirators hosted weekly conference calls and leadership calls, where participants could call in listen to Burks and others make false representations intended to encourage victim-investors to continue to invest money and to recruit others to invest in Zeek. Burks also organized and attended “Red Carpet Events,” where victim investors came to hear details of the scheme in person. During these events, Burks and his conspirators made false representations about the massive retail profits generated by Zeek. They also used electronic and print media, including websites, emails and journals, to make false and misleading statements about the success of Zeekler to recruit victim investors.

As the Ponzi scheme grew in size and scope it became unsustainable and it eventually began to unravel as the outstanding liability resulting from the bogus 125% return on investment continued to rise beyond control. By August 2012, Burks and his conspirators fraudulently represented to the collective victims that their investments were worth nearly $3 billion, but had no accurate books and records to even determine how much cash on hand was available to pay such liability. Contrary to representations made to victim investors, at that time, Burks and his conspirators had only $340 million available to pay out investors. Over the course of the scheme, Burks diverted approximately $10.1 million to himself.

Burks also failed to file corporate tax returns or to make corporate tax payments for his companies, among other things. In addition, for tax year 2011, Burks issued fraudulent IRS Forms 1099s, causing victim-investors to file inaccurate tax returns for phantom income they never actually received.

Burks will remain free on bond. A sentencing date for the defendant has not been set yet. The wire and mail fraud conspiracy charge, the mail fraud charge and wire fraud charge each carry a maximum prison term of 20 years and a $250,000 fine. The tax fraud conspiracy charge carries a maximum prison term of five years and a $250,000 fine.

Burks’ co-conspirators, Dawn Wright Olivares, Zeek’s Chief Operating Officer, and her step-son and Zeek’s Senior Technology Officer, Daniel C. Olivares, pleaded guilty in December 2013 to investment fraud conspiracy. Dawn Wright Olivares also pleaded guilty to tax fraud conspiracy. Both defendants currently await sentencing.

In making today’s announcement, U.S. Attorney Rose thanked the U.S. Secret Service and IRS-CI for investigating the case, and the U.S. Securities & Exchange Commission, Division of Enforcement for its assistance with the investigation.

The prosecution is handled by Assistant United States Attorneys Jenny Grus Sugar and Corey Ellis of the U.S. Attorney’s Office in Charlotte.

Additional information and updated court filings about this and related cases filings can be accessed at the district’s website: http://www.justice.gov/usao/ncw/ncwvwa.html.


This conviction was also a win for the Receiver in the Zeek case as now all the major winners lose their argument that Zeek was not illegal and therefore they were entitled to their compensation for all the "work" (cough, cough) they did to earn it. I hope this causes all of them to finally settle with the Receiver since they have no standing in court and will lose their case. Some are defiant, so it will be interesting to see if they settle or go to court.


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musicmoneyman
post Jul 27 2016, 08:26 PM
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QUOTE (Lynndel @ Jul 21 2016, 02:56 PM) *
This conviction was also a win for the Receiver in the Zeek case as now all the major winners lose their argument that Zeek was not illegal and therefore they were entitled to their compensation for all the "work" (cough, cough) they did to earn it. I hope this causes all of them to finally settle with the Receiver since they have no standing in court and will lose their case. Some are defiant, so it will be interesting to see if they settle or go to court.


Thanks for the update.

It would be fantastic if the feds would also prosecute and convict the scumbags at jbp/profitclicking/acx. I'm sure many of us would love to see those lowlifes sent to prison where they belong.
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Lynndel
post Jul 29 2016, 10:35 AM
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QUOTE (musicmoneyman @ Jul 27 2016, 08:26 PM) *
Thanks for the update.

It would be fantastic if the feds would also prosecute and convict the scumbags at jbp/profitclicking/acx. I'm sure many of us would love to see those lowlifes sent to prison where they belong.


I understand what you are saying, but it is too late for JBP/JSS-Tripler and ProfitClicking. I tried to get all of you in JBP to file complaints but not enough people did to warrant an investigation. ACX is just a penny-ante Ponzi that sadly is not big enough to warrant an action taken against them. The only prayer for this to happen is that thousands would have to file a complaint to get an investigation started. Just too many other larger Ponzi's demanding law enforcements time. Wish it was different, but it's not.


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musicmoneyman
post Aug 11 2016, 01:57 PM
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QUOTE (Lynndel @ Jul 29 2016, 10:35 AM) *
I understand what you are saying, but it is too late for JBP/JSS-Tripler and ProfitClicking.
I tried to get all of you in JBP to file complaints but not enough people did to warrant an investigation.


Although I didn't know you did that, it is good that you did. At least law enforcement is going after some of these scammers.
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