Ponzi Scheme, Regulator | featured news

Officials allege $600M Ponzi scheme through ZeekRewards.com

ZeekRewards.com

Federal securities regulators have filed fraud charges and an emergency order to freeze the assets of a North Carolina company officials say operated a $600 million Ponzi scheme that is on the verge of collapse. The action by the Securities and Exchange Commission Friday is intended to help investors recoup money and avoid devastating losses.

 

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