The receiver for defunct ZeekRewards.com said Thursday he has made a third distribution to victims of the Ponzi scheme, this time for $89.2 million.
Kenneth Bell said 112,734 checks were mailed July 31. The distribution raises to $246.05 million the amount that Bell has released from the ZeekRewards estate since September.
Bell said he was not able to distribute an additional $46.24 million because about 35,400 potential recipients still have not completed their eligibility requirements, such as electronically signing the legal release and certification required by court orders.
Bell said most victims who are qualified for reimbursement would get a check.
Bell raised his projection of what the average recipient should get from 60 percent reimbursement to approaching 70 percent. The next distribution, if possible, is set for Oct. 31.
In August 2012, the U.S. Securities and Exchange Commission
Monthly Archives: August 2015
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9 Steps to Help You Conquer Your Fear of Public Speaking (Infographic)
by Kim Lachance Shandrow • • 0 Comments
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Chris Atkinson – Ambit Energy From Broke To Top Earner
by Ted Nuyten • • 0 Comments
Top Earner Steve Thompson stated about Chris Atkinson:
“He was the first person I called after signing up for Ambit Energy. Matter of fact after I left the Ambit office I called Chris from my car. He actually hung up on me
Chris was 38 years old, broke, living with his parents and trying to find a way to a better life. He was hungry for a change and willing to put forth the effort and became teachable and coachable. He joined the business one day after seeing the presentation and finding one person that would lend him the startup cost.
I have to tell you he did not let his past stop his future. You see, Chris had been in and out of jail his entire adult life because of alcohol and drugs.
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iNovaLife – Management Interview
by Ted Nuyten • • 0 Comments
iNovaLife is a young and dynamic company whose mission is as noble as innovative. In an effort to improve people’s quality of life here, they have developed a tool completely free, which offers the consumers the opportunity to realize significant savings on a range of services.
iNovaLife’s mission is to save thousands of dollars to families on their insurances, their mortgages, their credit cards, as well as their renovation project. The company allows you to save through a secure platform and no user fees. You just need to have been invited by an affiliate promoter. It’s simple, easy and efficient.
Ted Nuyten had the honor to interview Carlos Rey Vice-President Of Sales, and Martin LeBlanc, co-founder and COO iNovaLife and Martin Giroux, CEO.
Carlos has created one of the largest direct selling organizations in the
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Winnie & Kat Closes, Merges With La Senorita Jolie
by Ramya Chandrasekaran • • 0 Comments
Winnie & Kat, a casual, casual clothing line that used a direct sales model with independent stylists, has closed down. Founded by Diane Prince in her garage in 2012, the Malibu, California based company announced the closing of their virtual doors on July 15, 2015.
Founder and CEO Diane Prince has joined forces with women’s clothing designer and fashion expert Jennifer Dixon to collaborate on a new direct sales company, La Senorita Jolie. Price will oversee product development, marketing and social media at the new company.
The existing stylists of Winnie and Kat will now represent La Senorita Jolie, which also offers contemporary women’s clothing available through home parties, Stylist websites and trunk shows. La Senorita Jolie (LSJ) will also be incorporating many of Winnie & Kat’s core styles into LSJ’s collection.
La Senorita Jolie
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The Esquire Guy's Guide to Defending Your Ideas in an Argument
by Ross McCammon • • 0 Comments
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OSHA fines chicken processing company for safety violations
by Successful IBO • • 0 Comments
The Occupational Safety and Health Administration has fined the owners of a northeast Ohio chicken processing plant $861,000 for what the agency says are safety violations that expose workers to the risk of amputation, electrocution and falls.
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A Franchisee Who's Doggone Glad She Found a Business She Could 'Wuv'
by Entrepreneur Staff • • 0 Comments
Larisa Citsay of New Jersey loves being surrounded by furry friends as she grows her dog-boarding business.
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Stella & Dot Honored With Corporate Compassion Award
by Ramya Chandrasekaran • • 0 Comments
Fashion & Jewelry direct selling company Stella & Dot, has been honored with the HollyRod Corporate Compassion Award at the 17th annual DesignCare, a celebration of fashion, music and fundraising benefiting the HollyRod Foundation to help and give hope to those living with autism and Parkinson’s diseases.
“We are so proud to receive this year’s Corporate Compassion Award at last night’s HollyRod Foundation DesignCare Event in Los Angeles. Our CEO and Founder Jessica Herrin accepted the award on behalf of our Stylists and customers for helping to raise over $270,000 for autism awareness.” Said a statement posted on the company’s facebook page.
Stella & Dot created an Autism Awareness Collection for April’s autism awareness month. All net proceeds from the purchase of the collection went to HollyRod Foundation.
Jessica was honored alongside American Ninja Warrior Vincente King and Dillan Barmache,
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Sunrider Featured In South China Morning Post
by Ramya Chandrasekaran • • 0 Comments
Health and wellness company Sunrider International specialising in Chinese herbal remedies was recently profiled in Hong Kong’s leading newspaper South China Morning Post. The article provides a comprehensive overview of Sunrider, its business opportunity, and founders, Drs. Tei-Fu & Oi-Lin Chen.
At its core, the principle of yin-yang is about the interdependence of contrary forces. Raised on Chinese traditional medicine since childhood, renowned herbalist Dr Tei-Fu Chen fused yin-yang and Western technology to create a wellness model that helps to achieve a balanced life.
This paradigm is known to millions of advocates around the world as the Philosophy of Regeneration, which holds that the body can balance itself and maintain healthy systems by simultaneously nourishing and cleansing it with proper nutrition. Sunrider International, Chen’s vehicle for this vision, has led its advocates to abundance