CHARLOTTE, N.C. -- A North Carolina man that prosecutors say masterminded an $850 million Internet-based Ponzi scheme faces charges of wire and mail fraud, conspiracy and tax fraud. A federal grand ...

Almost 174,000 former Zeek Rewards users filed claim to money lost during their participation in the alleged Lexington-based Ponzi scheme. In an online letter to affiliates last week, court-appointed ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. -- Nearly 174,000 restitution claims have been submitted in ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The auction of items owned by the parent company of alleged ...

The U.S. Securities and Exchange Commission shut down Lexington-based Zeek Rewards and its parent company, Rex Venture Group, in 2012 after the company raised about $850 million. The money mostly came ...

A federal judge has approved distribution protocols for "net losers" of Zeek Rewards, the Lexington-based Ponzi scheme some experts believe to be the densest fraud ever. An order entered last week by ...

CHARLOTTE — A federal judge Monday handed Paul Burks, founder of Zeek Rewards.com, three concurrent prison sentences of 14 years and eight months for his lead role in the Lexington ...