Paul Burks of Lexington, the accused mastermind of the Zeek Rewards investment scheme, was found guilty of fraud and conspiracy last month in connection with the operation that prosecutors say bilked more than 1 million investors out of $800 million. On Tuesday a California financier was sentenced to 15 months in prison and will pay a $4.8 million judgment after attempting to hide millions of assets connected to Burks’ company from federal investigators.
Paul Burks of Lexington, the accused mastermind of the Zeek Rewards investment scheme, was found guilty of fraud and conspiracy last month in connection with the operation that prosecutors say bilked more than 1 million investors out of $800 million. On Tuesday a California financier was sentenced to 15 months in prison and will pay a $4.8 million judgment after attempting to hide millions of assets connected to Burks’ company from federal investigators. Observer staff
Paul Burks of Lexington, the accused mastermind of the Zeek Rewards investment scheme, was found guilty of fraud and conspiracy last month in connection with the operation that prosecutors say bilked more than 1 million investors out of $800 million. On Tuesday a California financier was sentenced to 15 months in prison and will pay a $4.8 million judgment after attempting to hide millions of assets connected to Burks’ company from federal investigators. Observer staff

Calif. CEO sent to prison for hiding Zeek Rewards assets

August 23, 2016 05:41 PM