Tag: pyramid scheme

The SEC prevailed in one court case this week but lost in another. In an investment fund fraud action the agency won at trial. In the First Circuit, however, it lost in an appeal of the long running action against …

This Week In Securities Litigation (Week ending Dec. 11, 2015) Read More »

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ZeeksRewards is the case that just keeps on giving. The multi-level pyramid and Ponzi scheme has generated two prior SEC enforcement actions. One involved the company, Rex Ventures Group, LLC, and its principal, Paul Burks. SEC v. Rex Venture Group, …

The SEC Files Another Action Based on ZeeksRewards Read More »

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