Saturday, August 18, 2012

U.S. SEC says shuts ZeekRewards.com $600 million Ponzi scheme

(Reuters) - The U.S. Securities and Exchange Commission said it shut down a $600 million online Ponzi scheme on the verge of collapse and won a court ordered emergency asset freeze to protect some of the more than 1 million investors it had attracted.

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/X6FtcLTRhBw/us-zeekrewards-sec-ponzi-idUSBRE87G10F20120817

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