Zeek Rewards News: FAQ Surrounding The Subpoenas Sent By Receiver Kenneth Bell

Zeek Rewards News

Lat week Kenneth Bell the Receiver for Rex Venture Group, LLC aka Zeek Rewards issues 1200 subpoenas. Since then there has been all types of half truths, propaganda and down right lies swarming around the net on what former Zeek Rewards affiliates should do if they receive one of the voluntary subpoena packets. One group has even propagated that the Receiver acted above his authority so affiliates do not need to respond. And several people have been told the subpoenas were served illegally and are not valid. Well here is the most current info from the Receiver.

Kenneth D Bell

Subpoena FAQ

  1. Why have I received a subpoena for documents?
  2. What if I have “profits,” “commissions,” or “winnings” from ZeekRewards but have not received a subpoena?
  3. Do I need to hire an attorney to respond to the subpoena?
  4. Should I send the originals or copies of the documents requested? Where do I send the documents?
  5. Do I have to send you all the documents requested? What if I don’t have all the documents you have requested?
  6. Do I have to send you electronic documents and communications? How should I send electronic documents / communications?
  7. What if I believe the amount of my “winnings” stated in the cover letter to my subpoena is not accurate?
  8. What if I need more time to provide all the documents requested?
  9. What if I want to reach an agreement with the Receiver on the amount of my winnings and pay that amount back to the Receiver without having to go through the legal process?
  1. Why have I received a subpoena for documents?The ZeekRewards Receiver has been authorized by the Court to recover money and pursue claims for the company. You are receiving this subpoena because you have been identified as an “affiliate,” participant, agent or employee in the ZeekRewards operation who may have received significantly more money from ZeekRewards than you put into the operation. The so-called “profits,” “commissions,” or “winnings” that you received were really just money put in by the victims of the Ponzi and pyramid schemes described in the Securities and Exchange Commission Complaint. The subpoena you received is the legally authorized means for the Receiver to gather information from you in connection with the legal process to recover your “profits,” “commissions,” and “winnings” to compensate victims.

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  2. What if I have “profits,” “commissions,” or “winnings” from ZeekRewards but have not received a subpoena?The Receiver’s goal is to recover all victim money won by all participants. The first group of subpoenas has been sent to those who the Receiver currently believes may have won the most money. Additional subpoenas will be sent to many others in the future. If you had “profits,” “commissions,” or “winnings” from ZeekRewards and would like to avoid a subpoena by reaching agreement on repaying money to the company see FAQ # 9 below.

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  3. Do I need to hire an attorney to respond to the subpoena?The decision whether or not to hire an attorney is entirely up to you. The subpoena asks you to produce documents which the Receiver intends to use in seeking the recovery of money from you if you received more money from ZeekRewards than you put in. You are welcome to use an attorney to assist you in responding to the subpoena, but you are not required to do so.

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  4. Should I send the originals or copies of the documents requested? Where do I send the documents?You should be careful to retain all originals of requested documents and not destroy or delete any documents or information requested (or any documents or information related to ZeekRewards). You should send copies of the requested documents to the Receiver and retain the originals so that they are available to be reviewed at a later time. All responses and documents should be sent to:

    McGuireWoods, LLP
    ZeekRewards Subpoena Response
    P. O. Box 31247
    Charlotte, NC 28231

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  5. Do I have to send you all the documents requested? What if I don’t have all the documents you have requested?Yes, you are required to fully respond to the subpoena. If you do not have possession, custody or control of any of the documents requested simply say so in responding to the subpoena. However, you are required to make a full reasonable effort to locate all documents requested, including electronic documents and email. If you have special circumstances that prevent you from providing the documents requested, please send an email to zeeksubpoena@mcguirewoods.com explaining your situation.

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  6. Do I have to send you electronic documents and communications? How should I send electronic documents / communications?Yes, you are required to produce the documents and communications requested whether they are in written form or kept electronically, including email and electronic documents. You should send emails and electronic documents preferably in a storage disc or device that contains with the data in native format (for example, .pst or .msg for emails or .doc for Word documents). If, however, you cannot send the electronic information on a disc you should still print it out and send a hard copy. In all cases, you should keep the original electronic copy and not delete or destroy any information. We are sorry but will not be able to return electronic media to you.

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  7. What if I believe the amount of my “winnings” stated in the cover letter to my subpoena is not accurate?If you do not believe that the stated amount of your “winnings” is accurate, you should tell the Receiver what you believe to be the correct amount when you respond to the subpoena and provide all the documentation that supports your calculation.

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  8. What if I need more time to provide all the documents requested?We ask that you provide as many of the requested documents as you can on or before the due date on the subpoena. If there are particular circumstances that cause you to need additional time to fully respond to the subpoena please send an email to zeeksubpoena@mcguirewoods.com explaining your situation, and we will try to accommodate requests for short extensions of time to finalize your response.

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  9. What if I want to reach an agreement with the Receiver on the amount of my winnings and pay that amount back to the Receiver without having to go through the legal process?The duty and goal of the Receiver, as directed by the Court, is to seize all recoverable assets and distribute them to victims as quickly, fully and fairly as possible. The Receiver believes that it is in everyone’s best interests to arrange by agreement for the “winners” to return their “profits” without the necessity of lengthy and expensive legal action. If you would like to discuss reaching an agreement on returning “winnings” (the victims’ money) to the company, send an email tozeeksettlement@mcguirewoods.com, and the Receiver will communicate with you about how to reach a prompt settlement.