U.S. Securities & Exchange Commission
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U.S. Securities and Exchange Commission

ZeekRewards Investors

The U.S. Securities and Exchange Commission filed a complaint in U.S. District Court for the Western District of North Carolina on Aug. 17, 2012, alleging that Rex Venture Group LLC d/b/a Zeekrewards.com and its principal, Paul R. Burks, conducted a fraudulent Ponzi scheme that raised $600 million from approximately one million investors. ZeekRewards and Burks immediately consented to an asset freeze, the appointment of a receiver over their assets, and the payment of a $4 million penalty. The SEC's investigation is continuing.

The SEC does not handle claims in this matter. The District Court has appointed a receiver to handle potential claims from injured investors. Communicating with the SEC does not preserve any claim you may have.

The Receiver has established the following website to help communicate with investors about the claims process:


The Receiver may also be contacted (email only) at:


Please monitor the Receiver’s website for updates concerning the claims process and for updates regarding the status of your claim.

Although the SEC is not handling claims, you may also wish to monitor the SEC’s website, www.sec.gov, for any updates on the status of its complaint.

A copy of the SEC’s press release and accompanying complaint is available at http://www.sec.gov/news/press/2012/2012-160.htm.

Information regarding Ponzi schemes, including frequently asked questions, is available on the SEC’s website at:

http://www.sec.gov/answers/ponzi.htm and




Modified: 09/26/2012