Another Letter from the Receiver, Ken Bell

Here is a copy of the newest update that Ken Bell posted on the Zeek Rewards Receivership website on September 13, 2012.  If you want to read it on their website, follow the link at the end of this post. 


      "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."

If you would like to read the letter in it's entirety, visit zeekrewardsreceivership.com and go to the bottom of the page and click on "Letter from the Receiver 9-13-12".

Credits:
ZeekRewardsReceivership.com . Letter from the Receiver. 2012.

ZeekRewards Receiver is to hold News Briefing

The ZeekRewards receiver, Ken Bell, and McGuireWoods law firm are scheduled to hold a media only  briefing tomorrow, Monday, August 27, 2012.  The purpose of the briefing is to inform the media of the status of the receivership, and the plans to contact victims of the Zeek Rewards ponzi scheme.  More updates to come very soon!