Monthly Archives: February 2017

Paul Burks ZeekRewards CEO Sentenced To 14 Years In Prison

 
A federal judge Monday handed Paul Burks, founder of ZeekRewards.com, three concurrent prison sentences of 14 years and eight months for his lead role in the Ponzi scheme.
Judge Max Cogburn Jr. agreed with U.S. attorneys’ “fair and generous” sentencing recommendation, a minimum 15 years and eight months and a maximum 19 years and seven months for the 70-year-old Burks. Burks could have been sentenced to up to 59 years under federal sentencing guidelines.
ZeekRewards.com, founded in 2010, was one of the largest Ponzi schemes in U.S. history at $939 million, according to federal regulatory officials and prosecutors.
The Lexington companies, which debuted in January 2011, were shut down and their assets frozen in August 2012. There were more than 800,000 victims worldwide.
Cogburn dropped Burks’ sentencing by a year so that it would be about double the

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QNET’s Revamped eStore Aims Global Reach Of Growing Digital Customers

 
Direct selling company QNET, is set to meet its online audience with a fresh new look, through a revamped eStore platform, aimed at having a greater reach with the rapidly growing digital audience globally. QNET Chief Operating Officer, Malcom Chiu said the fast expanding world of e-commerce, and user experience is a crucial factor in luring and converting casual browsers into buyers.
“The e-commerce sector is expanding rapidly, and so are customers’ expectations of eStore functionality and it is really imperative that we transform or migrate our platform to a much more sophisticated and robust solution,” explained Chiu.
Realising that the existing legacy platform could not accommodate many of the features that customers were coming to expect for their online shopping experience, QNET has put together a next-generation platform that was recently launched in

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