Saturday, 25 August 2012
Vybz Kartel Want Tommy Lee Out of the GAZA Camp......
There may be some trouble brewing in the Gaza once again. This
time the controversy apparently surrounds the embattled figure of Vybz Kartel and the red hot artiste Tommy Lee who has rocketed to fame in recent months as Kartel's most trusted protege.
The two have always been said to be pretty close but reports are that their association has hit a major speed bump.
A text which was said to have been sent through Vanessa 'Gaza Slim' Saddler to journalist Anthony Miller of the popular entertainment programme, ER, is said to be a clear indicator of the issues between the two.
The text is reported to have questioned the loyalty of the remaining members of his clique, an interesting development given the fact that Kartel himself disbanded the Portmore Empire over two months ago.
"No animosity but within a week of my arrest, they started giving other people managerial and booking positions. But where were these people when I was building their careers? When I was investing time and money to transform them from nobody to somebody? They are opportunists and fake," the text stated
It went on to state that: "The only two loyal people are Slim and Sheba (the girls)".
Information reach THE WEEKEND STAR is that Tommy Lee was interviewed by Anthony Miller regarding the text which would appear to question his loyalty. It is understood that the deejay however made it clear that he will not be leaving the Gaza anytime soon, no matter what was stated about his loyalty.
"Mi born Gaza, mi live Gaza and mi ah go die Gaza," he reportedly said during the taped interview which is expected to be aired tonight on TVJ.
Friday, 24 August 2012
Thursday, 23 August 2012
ZeekRewards Handed Over To Receiver; What's Next For Investors?
The fallout from the shutdown of an alleged $600 million online Ponzi scheme continues this week as the fate of investors’ money is now in the hands of a court-appointed receiver.
A U.S. district judge appointed a Charlotte, North Carolina lawyer Kenneth Bell as temporary receiver for Rex Venture Group and ZeekRewards.com.
As the receiver Bell assumes control of the operation and will work to recover and preserve any assets tied to the company. Once that process (which Bell says is a lengthy one) is complete he will then determine who will get funds back.
Here’s how the ZeekRewards receivership process will work:
- Kenneth Bell obtains control over the assets and records of the company, as the Receiver.
- The receiver will put people and procedures in place to preserve assets and analyze the claims.
- The receiver will then tell a judge what he thinks should be done with the assets he’s recovered.
- His proposal will be made public and all affected persons will have a chance to object.
- The judge will review the proposal and objections and make a decision about the assets from there.
ZeekRewards members who believe they are owed money will have to sit tight for now because there is currently no claims or distribution process. The receiver says he’s first working to gather information about ZeekRewards investment history and other information from the company and its founder Paul Burks.
ZeekRewards.com was shut down by the SEC on Friday on charges of fraud and because it was a Ponzi scheme on the verge of collapse, the regulator said.
The SEC says online marketer Paul Burks and his company raised more than $600 million from more than one million online customers through the website ZeekRewards.com since January 2011. Investors were promised up to 50% of the company’s daily net profits through a profit sharing system in which they accumulate rewards points that they can use for cash payouts, according to the agency.
“However, the website fraudulently conveyed the false impression that the company was extremely profitable when, in fact, the payouts to investors bore no relation to the company’s net profits. Most of ZeekRewards’ total revenues and the “net profits” paid to investors have been comprised of funds received from new investors in classic Ponzi scheme fashion,” the SEC claims.
The website was on the verge of collapse, according to the SEC, which added that last month ZeekRewards brought in approximately $162 million while total investor cash payouts were approximately $160 million.
But there seem to be plenty of ZeekRewards affiliates who are trying to fight back against the Ponzi claims. Close to 13,000 people have signed a petition to keep ZeekRewards alive saying they are “devastated” by the shutdown and that they are “behind Paul Burks, Rex Venture Group, Zeekler/Zeek Rewards and it’s affiliates 100%.”
“In no way that this company defrauded anyone. We believe that Zeekler/Zeek Rewards has given us the leadership and the freedom to support our families,”the petition reads.
Meanwhile, while ZeekRewards affiliates wait to find out the fate of their money, websites similar to ZeekRewards are marketing to them. Vitelpower.com for instance commented on an earlier story about the shutdown and offered ZeekRewards affiliates a chance to be “grandfathered into an equivalent position with our company.” The website claims to be the “Zeek rescue program.”
A message left for the VitelRewards commenter mentioned above has yet to be returned.
The North Carolina Department of Justice is warning ZeekRewards members about so-called reload scams.The Attorney General’s office says reload scams are popping up more frequently seeking to recruit consumers who were hit by the ZeekRewards shutdown. Says the North Carolina AG Office:
The North Carolina Department of Justice is warning ZeekRewards members about so-called reload scams.The Attorney General’s office says reload scams are popping up more frequently seeking to recruit consumers who were hit by the ZeekRewards shutdown. Says the North Carolina AG Office:
Reload scams hit consumers when they’re down, offering to help them make back money they lost to a previous scam or bad business decision. These scams have been popular for years with telemarketing fraud rings but can also follow other types of fraud…Blogs, news releases online, and individuals leaving comments in articles about the Zeekler shut down are already touting opportunities “for those that are looking for something that can help them replace the income they were receiving from Zeek Rewards.” If you’ve been a part of a scheme such as Zeekler that collapsed, or if you lost money to another recent scam, don’t fall for a reload scam.
Here’s the website for updates on the status of ZeekReward funds. The receiver is asking anyone with questions about the case to email them to info@ZeekRewardsReceivership.com.
Thursday, 9 August 2012
Wednesday, 8 August 2012
Tuesday, 7 August 2012
Saturday, 4 August 2012
Friday, 3 August 2012
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