Zeek Receiver Has $104K Judgment Against TrafficMonsoon Pitchman Now Pushing TrafficPowerline

The federal court clerk for the Western District of North Carolina signed a judgment of $104,743.55 against Adrian John Hibbert of Sully, United Kingdom.

hibbertdefj

On Oct. 14, 2015, the federal court clerk for the Western District of North Carolina signed a judgment of $104,743.55 against Adrian John Hibbert of Sully, United Kingdom. The judgment was in favor of Zeek Rewards’ receiver Kenneth D. Bell, records show. Bell had sued Hibbert and other U.K. residents in March 2015 for return […]

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URGENT >> BULLETIN >> MOVING: Zeek Receiver Moves For Summary Judgment Against Class-Action Clawback Defendants; Kenneth Bell Says Defense Expert Witness Has Found No Evidence That ‘Disproves That The Business As A Whole Operated As A Ponzi Scheme’

Kenneth Bell Says Defense Expert Witness Has Found No Evidence That ‘Disproves That The Business As A Whole Operated As A Ponzi Scheme’

Kenneth D Bell

URGENT >> BULLETIN >> MOVING: (3RD UPDATE 6:11 P.M. EDT U.S.A.) On virtually the eve of the criminal trial of Paul Burks, receiver Kenneth D. Bell has asked the court presiding over a huge class-action lawsuit against 9,400 alleged Zeek “winners” for a finding the MLM program was a Ponzi scheme. Such a finding would mandate […]

The post URGENT >> BULLETIN >> MOVING: Zeek Receiver Moves For Summary Judgment Against Class-Action Clawback Defendants; Kenneth Bell Says Defense Expert Witness Has Found No Evidence That ‘Disproves That The Business As A Whole Operated As A Ponzi Scheme’ appeared first on PatrickPretty.com.

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Zeek Rewards Legal Alert Updated Nov. 2nd: 1200 Subpoenas Now Being Delivered, Potentially “Hundreds of Millions” In Clawback Lawsuits, Claims Process Coming

Zeek Rewards News

Yesterday Rex Venture Group, LLC., aka Zeek Rewards Receiver Kenneth D Bell, issued the letter below. Which in part may contradict some other emails and letters floating around the internet that Zeek 2.0 is coming soon, and the 3rd party attorneys seem to have this case wrapped up in stopping clawbacks from the top Zeek Rewards promoters. Attorney, Jordan D. Maglich of PonziTracker.com also wrote a great editorial from a legal eye, that is worth reading. UPDATE NOVEMBER 2nd, 2012: Just got word the first of the 1200 Subpoenas Have Started To Arrive!

Update Nov. 4th 2012: There has been questions on if the Voluntary Subpoena Packs were legally served, and if the former Zeek Rewards Affiliates who received them should respond. Here is some clarity of this issue under Federal Rules of Law. Rule 45. SUBPOENA

Kenneth D Bell

October 30, 2012

I want to give you an update on our efforts to recover assets from which we will be able to refund victims of Rex Venture Group LLC.

Our preliminary analysis has identified more than 800,000 affiliate User IDs who put more money into Rex Venture than they took out. We estimate that losses will total between $500 million and $600 million. We have already recovered more than $300 million and continue to pursue millions more held in financial institutions. To fill the gap between what we have recovered and what victims lost, we will pursue recovery from those who took out of Rex Venture more than they put in. There are more than
100,000 User IDs in this category representing hundreds of millions of dollars.

This week we will issue subpoenas to approximately 1,200 affiliates who profited most from ZeekRewards. The subpoenas ask for financial information, including dealings with Rex Venture. Depositions and litigation will follow if necessary. With each subpoena will be a letter offering to negotiate voluntary surrender of profits (victims’ money, really) instead of going to Court. Additional subpoenas and demands for return
of profits will be served on thousands more in the weeks to come. I can’t tell you we will recover enough to make all victims 100% whole, but if we don’t it won’t be for lack of trying.

As soon as we are able we will submit to the Court for approval an Official Claim Form. Once approved the Form will be posted on this website. When that process has run we will ask the Court for permission to make a preliminary, partial distribution to qualified claimants from recovered funds. A final distribution will have to wait until we have finished collecting all recoverable assets. This will unfortunately take quite a while, and I appreciate your support and patience.

Finally, I have received emails from many of you asking if you need to, or should, hire an attorney or join a group that has hired an attorney to assist in your recovery of claims. I cannot and do not advise you one way or another about hiring an attorney. I can tell you that my direction from the Court, and my duty to you, is to seize all recoverable assets
and distribute them to victims as fully and fairly as possible. That, I will do.

Kenneth D. Bell
Receiver

If you are interested in learning more about your legal options, click the links below.

Zeek Rewards Recovery Group

Zeek Rewards Class Action Lawsuit

Sources: ZeekRewardsReceivership.com

PonziTracker.com

Zeek Rewards Update: Were US Based & International Terrorist Groups Laundering Money Through Zeek Rewards?

Truth & Justice

When you review Kenneth D. Bell’s background, trend some of the cyber-terrorism activity I have talked about early last year against Zeek Rewards through the credit card fraud, and realize that the majority of funds deposited by Rex Venture Group, came from overseas, some from the Mideast and other known terrorist locations, you start to get the picture that the appointment of Kenneth Bell was more than just a “political appointment.”

Here is a little more details about Mr. Kenneth D. Bell

Source: PR News Wire

White Collar Criminal Defense and Special Investigations Group Joins Litigation Practice at Hunton & Williams

[quote]”Ken is a superb litigator and has developed a strong network of white collar criminal defense lawyers,” added Tom Cottingham, managing partner of the Charlotte office. “His experience in high-stakes investigations-such as his role in the 2002 conviction of a Hezbollah cell in Charlotte-provides him an in-depth understanding of the challenges facing our clients.”

The white collar and special investigations practice at Hunton & Williams covers a broad spectrum of white collar cases, including environmental criminal and regulatory enforcement actions; health care fraud; internal and government investigations; public and private corruption, bribery, and kickback schemes; tax violations; money laundering; computer-related criminality; financial, banking, and securities laws violations; U.S. Customs investigations into dumping, undervaluation, high technology transfer, and smuggling; Foreign Corrupt Practice Act violations; international and domestic fraud schemes of every type; RICO proceedings; and espionage and terrorism cases.

Kenneth D. Bell focuses his practice on white collar criminal matters, internal and government investigations, including commercial and financial investigations and anti-money laundering, RICO and cases before the Fourth Circuit Court of Appeals. Before joining private practice, he served 17 years as a prosecutor in the U.S. Attorney’s Office in Charlotte, the last 10 as First Assistant United States Attorney overseeing prosecution of all federal criminal offenses and civil enforcement in 32 western counties. He has received awards and citations from the Department of Justice, FBI, DEA, U.S. Secret Service, U.S. Customs Service, Bureau of Alcohol, Tobacco, Firearms, and the IRS. Bell received his undergraduate and law degrees from Wake Forest University.

Bell gained national recognition for the 2002 conviction of a Hezbollah terrorist cell in Charlotte, uniquely obtaining convictions for providing support to a terrorist organization, RICO, money laundering and conspiracy. The ring, which sold $7.5 million in contraband cigarettes, also arranged for the delivery of military equipment, such as mine detection gear, blasting equipment and night-vision goggles, to Hezbollah. One of the defendants was sentenced in 2003 to 155 years in prison. Bell successfully introduced wire tap records from the Canadian Security Intelligence
Service, the first and only time such records have been used in a U.S. court. For his groundbreaking work, he was honored with the prestigious U.S. Attorney General John Marshall Award for Trial of Litigation and with
a special commendation from the Director of the Canadian Security Intelligence Service (CSIS). [/quote]

Kenneth D Bell
McGuire Woods

[quote]
Mr. Bell works in the firm’s rapidly growing Government, Regulatory and Criminal Investigations Department, where he represents clients on a variety of matters involving white collar crimes and business-related investigations. As part of his practice, he routinely represents Fortune 500 companies facing federal and state grand jury investigations.

Representative Matters

Representation of Speaker of the North Carolina House of Representatives during federal, state and regulatory investigations.

Representation of a Fortune 500 company in federal grand jury investigation and civil securities litigation related to allegations of stock option backdating.

Representation of a national property and casualty insurance company in federal grand jury and civil investigations regarding federally insured program.

Representation of a national home builder and mortgage company in class action civil litigation regarding sub-prime mortgage issues.

Representation of a Big Four accounting firm during investigation by state agency of tax planning strategies.
Conducted internal investigation for major financial institution regarding commission compensation practices.

Representation of a principal of a hedge fund regarding a federal grand jury investigation.

Representation of a national construction company during federal grand jury investigation of municipal water project.

Representation of accountants and medical professionals before licensing boards.

Representation of officers and directors of financial and commercial companies during federal grand jury investigations.

Representation of major financial institutions, accounting firms and large corporations in matters of government and internal investigations.

Counsel of record for more than 100 cases before the U.S. Circuit Court of Appeals for the 4th Circuit.

Primary trial responsibility in more than 200 federal cases, with more than 75 jury trials.

Government investigations regarding commercial and financial frauds, Foreign Corrupt Practices Act, money laundering, public corruption, healthcare fraud, RICO, tax, terrorism, and environmental crimes.

Breaking Zeek Rewards News: Kenneth D. Bell Rex Venture Group LLC Receiver Uncover More Assets

Zeek Rewards News

What started over the weekend with emails being circulated by David Kettner, that the SEC acknowledged that there are a couple of problems with the case against Rex Venture group. Has now made it to the desk of the Zeek Reward Reciever Kenneth D Bell, who denies these rumors “False information is being circulated by these claimants.” This backs up the information shared by Jordan D. Maglich of PonziTracker.com who published yesterday “SEC Admissions Of Weakness In Zeek Case “Inaccurate”; Tactics and Motivations of Zeek Victim Group Questioned”

[quote]September 13, 2012

Kenneth D Bell

Many of you are asking what the Receiver has been doing since August 17, 2012. Among a great many other tasks required by the Court’s Order, we have made it the first priority to secure Receivership Assets. As of today we have secured nearly $300,000,000.00 in Receivership Assets. There may be tens of millions of dollars more of recoverable assets. This process will take time, and I ask your patience while we seek every recoverable dollar for victims of Rex Ventures Group LLC. While many of you are understandably anxious to begin the claims process, we simply can’t do that until we are reasonably certain we have recovered all assets from which victims can be compensated. This process will take months, if not longer.

Among those from whom we intend to recover assets are those affiliates who took more out of Rex Ventures than they put in. Many of you received little or nothing from this enterprise. In order to make everyone as whole as possible, those who profited from participating should surrender their gains.

We hope to soon post an information template for you to complete. This is not an official claim form, but it will allow us to begin collecting your information for future claims processes, and better enable us to communicate with you.

Finally, I read in many emails and web postings that some affiliates claim to have spoken to me or the SEC. False information is being circulated by these claimants. I have not spoken to any of those claiming to have done so. I will communicate with you through this web site. If I could answer all of the hundreds of thousands of emails and calls from you I would, but obviously I can’t. I also recommend that you consider only what the SEC posts on its web site for its position on this matter.

Thank you for your patience and support as we work for the benefit of all victims of Rex Ventures Group LLC. I commit to keeping you as informed as possible.

Kenneth D. Bell
Receiver[/quote]

You can learn more information by visiting ZeekRewardReceivership.com

Mr. Bell works in the firm’s rapidly growing Government, Regulatory and Criminal Investigations Department, where he represents clients on a variety of matters involving white collar crimes and business-related investigations. As part of his practice, he routinely represents Fortune 500 companies facing federal and state grand jury investigations.

Representative Matters

Representation of Speaker of the North Carolina House of Representatives during federal, state and regulatory investigations.

Representation of a Fortune 500 company in federal grand jury investigation and civil securities litigation related to allegations of stock option backdating.

Representation of a national property and casualty insurance company in federal grand jury and civil investigations regarding federally insured program.

Representation of a national home builder and mortgage company in class action civil litigation regarding sub-prime mortgage issues.

Representation of a Big Four accounting firm during investigation by state agency of tax planning strategies.
Conducted internal investigation for major financial institution regarding commission compensation practices.

Representation of a principal of a hedge fund regarding a federal grand jury investigation.

Representation of a national construction company during federal grand jury investigation of municipal water project.

Representation of accountants and medical professionals before licensing boards.

Representation of officers and directors of financial and commercial companies during federal grand jury investigations.

Representation of major financial institutions, accounting firms and large corporations in matters of government and internal investigations.

Counsel of record for more than 100 cases before the U.S. Circuit Court of Appeals for the 4th Circuit.

Primary trial responsibility in more than 200 federal cases, with more than 75 jury trials.

Government investigations regarding commercial and financial frauds, Foreign Corrupt Practices Act, money laundering, public corruption, healthcare fraud, RICO, tax, terrorism, and environmental crimes.

Rex Venture Group Receiver Kenneth D. Bell And Zeek Rewards Victim Information

11594

On August 17, 2012, the Securities and Exchange Commission (“SEC”) filed a Complaint in United States District Court, Western District of North Carolina, Charlotte Division, against Rex Venture Group, LLC (“Rex Venture”) d/b/a ZeekRewards.com (“ZeekRewards”), and Paul R. Burks. The SEC alleges that Rex Venture and Burks offered and sold unregistered securities in a combined Ponzi and pyramid scheme.

On August 17, 2012, Judge Graham C. Mullen issued an Order appointing Kenneth D. Bell of McGuireWoods LLP as temporary receiver (“Receiver”) for Rex Venture Group, LLC d/b/a ZeekRewards.com. The August 17th order directs the Receiver to, among other things, take control and possession of and to operate the Receivership Estate, and to perform all acts necessary to conserve, hold, manage and preserve the value of the Receivership Estate.

At this time there is no claims process and no distribution. The Receiver is currently gathering ZeekRewards investment history and harmed investor information from the Defendants in an effort to facilitate the claims process and subsequent distribution to harmed investors.

This website will be the Receiver’s primary means of communicating with customers and the public. Please check back periodically for additional information.

Click here to see a press release from the Receiver.

Case Documents

Agreed Order Approving Temporary Receiver and Freezing
Assets of Defendant Rex Venture Group, LLC
Complaint: SEC v. Rex Venture Group, LLC d/b/a ZeekRewards.com, and Paul R. Burks
Kenneth D. Bell Press Release

Frequently Asked Questions

What Is This Lawsuit About?
The SEC alleges that online marketer Paul Burks of Lexington, N.C. and his company Rex Venture Group have raised money from more than one million Internet customers nationwide and overseas through the website ZeekRewards.com, which they began in January 2011.

According to the SEC’s complaint filed in federal court in Charlotte, N.C., customers were offered several ways to earn money through the ZeekRewards program, two of which involved purchasing securities in the form of investment contracts. These securities offerings were not registered with the SEC as required under the federal securities laws.

The SEC alleges that investors were collectively promised up to 50 percent of the company’s daily net profits through a profit sharing system in which they accumulate rewards points that they can use for cash payouts. However, the website fraudulently conveyed the false impression that the company was extremely profitable when, in fact, the payouts to investors bore no relation to the company’s net profits. Most of ZeekRewards’ total revenues and the “net profits” paid to investors have been comprised of funds received from new investors in classic Ponzi scheme fashion.

The SEC’s complaint alleges that the scheme is teetering on collapse with investor funds at risk of dissipation without its emergency enforcement action. Last month, ZeekRewards brought in approximately $162 million while total investor cash payouts were approximately $160 million. If customers continue to increasingly elect to receive cash payouts rather than reinvesting their money to reach higher levels of rewards points, ZeekRewards’ cash outflows would eventually exceed its total revenue.

I was enrolled in a ZeekRewards monthly subscription plan, purchased ZeekRewards “VIP Bids,” or otherwise invested in ZeekRewards. Will I receive back all of my money that I invested in ZeekRewards?
According to the SEC’s complaint, ZeekRewards has paid out nearly $375 million to investors to date and holds approximately $225 million in investor funds in 15 foreign and domestic financial institutions. Those funds will be frozen under the emergency asset freeze granted by the court at the SEC’s request. Meanwhile, Burks has personally siphoned several million dollars of investors’ funds while operating Rex Venture and ZeekRewards, and he distributed at least $1 million to family members. Burks has agreed to relinquish his interest in the company and its assets plus pay a $4 million penalty. Additionally, the court has appointed a receiver to collect, marshal, manage and distribute remaining assets for return to harmed investors.

How Will the Claims Process Work?
At this time there is no claim form available nor has a formal claims process been established and approved by the Court. However, the process of verifying and validating or rejecting claims typically involves comparing the information submitted by the Claimant to the information available to the Receiver, and reaching a conclusion in light of the available information and the applicable law.

What if I have additional questions?
If you have any additional questions, please contact the Receiver by email at: info@ZeekRewardsReceivership.com

Contact Us

You may also contact the Receivership using the contact information listed below. Please note that at this time the preferred method of contacting the Receiver is via e-mail.

E-mail: info@ZeekRewardsReceivership.com

Mr. Bell works in the firm’s rapidly growing Government, Regulatory and Criminal Investigations Department, where he represents clients on a variety of matters involving white collar crimes and business-related investigations. As part of his practice, he routinely represents Fortune 500 companies facing federal and state grand jury investigations.

Honors
Named a “Leader in the Field,” Litigation: White-Collar Crime and Government Investigations, North Carolina, Chambers USA, 2012

Named the Best Lawyers “Charlotte Criminal Defense: White Collar Lawyer of the Year,” 2010

Named One of the “Best Lawyers in America,” Woodward/White, Inc., 2007-2012

Named a North Carolina “Super Lawyer,” 2010-2012

Named One of North Carolina’s “Legal Elite,” Business North Carolina

U.S. Attorney General John Marshall Award for Trial of Litigation

Previous Experience
Partner, Hunton & Williams LLP, 2006-2009
Partner, Mayer, Brown, Rowe & Maw LLP, 2003-2006
First Assistant U.S. Attorney, 1993-2003
Assistant U.S. Attorney, Western District of North Carolina, 1990-1993
Republican Nominee, U.S. House of Representatives, North Carolina Fifth Congressional District, 1990
Womble, Carlyle, Sandridge & Rice, PLLC, 1988-1990
Assistant U.S. Attorney, Western District of North Carolina, 1983-1988

Speaking Engagements
North Carolina Bar Association’s White Collar Crime Spring Program, Cary, North Carolina, May 2009
“Challenges in Disclosing and Using Intelligence in Criminal Prosecutions,” Canadian National Conference on Public Safety, Montréal, Canada, November 2008

Faculty, 27th Annual National Trial Advocacy College, University of Virginia School of Law, 2008
“Recent Developments in North Carolina’s Confrontation Clause Jurisprudence,” Wake Forest University School of Law, September 2006

International Association of Financial Crimes Investigators, Chicago, Illinois, September 2004

National Organization of Black Law Enforcement Executives, Dallas, Texas, July 2004

Law Enforcement Intelligence Unit, San Antonio, Texas, May 2004

Intelligence Agencies Legal Advisors Conference, Vancouver, British Columbia, September 2003

International Law Enforcement Academy (Money Laundering, Financial Crimes and Terrorism), Budapest, Hungary, July 2003

Federal Reserve Bank of New York (Money Laundering Symposium), New York, New York, July 2003

Money Laundering Alert Annual International Conference, Miami, Florida, March 2003

Terrorist Financing, Money Laundering and High Risk Money Laundering and Related Financial Crimes Area (HIFCA) Conference, U.S. Virgin Islands, March 2003

National Forensic Auditor Conference, San Francisco, California, September 2002

Forfeiting the Proceeds of Terrorist Organizations International Seminar, London, United Kingdom, September 2002

International Conference on Illicit Tobacco Trade, United Nations, New York, New York, July 2002

Department of Justice Anti-Terrorism Regional Conferences, Atlanta, Chicago, Dallas, Denver, July/August 2002

Professional Affiliations
North Carolina State Bar Association
District of Columbia Bar Association