An update published on the Zeek Rewards Receivership website last week has announced that Dawn Wright-Olivares and Daniel Olivares are to be sentenced on September 13th.
Both Wright-Olivares and her son
plead guilty to fraud
back in late 2013.
The pair are believed to have testified against Paul Burks and co-operated with regulators investigating the case, however the extent of their involvement in the case against Paul Burks has not been made public. Neither has Wright-Olivares and Olivares’ respective plea deals.
We might get some insight into both at the sentencing hearing, with cooperation from both expected to have an impact on sentencing.
The Zeek Receiver meanwhile is
calling on
Zeek investors that wish to be heard at the hearing to provide the Receivership with a letter ‘
describing the impact that ZeekRewards had on them
‘.
In particular, the Court would like to hear about any of the below circumstances:
-Becoming insolvent;
-Filing for bankruptcy under the Bankruptcy Code;
-Suffering substantial loss of a retirement, education, or other savings or investment fund;
-Making substantial changes to his or her employment, such as postponing his or her retirement plans;
-Making substantial changes to his or her living arrangements, such as relocating to a less expensive home; and
-Suffering substantial harm to his or her ability to obtain credit.
The Receiver will be attending the hearing on behalf of Zeek Rewards victims and will present submitted letters to the court.
Stay tuned…
🤖 Quick Answer
When are Dawn Wright-Olivares and Daniel Olivares scheduled to be sentenced?Dawn Wright-Olivares and Daniel Olivares are scheduled to be sentenced on September 13th, according to an update published on the Zeek Rewards Receivership website. Both pleaded guilty to fraud charges in late 2013 and are expected to cooperate with authorities during sentencing proceedings.
What is the significance of their cooperation in the case?
Wright-Olivares and Olivares testified against Paul Burks and cooperated with regulators investigating the Zeek Rewards case. Their cooperation is expected to significantly impact their sentencing outcomes, though specific details of their plea deals remain undisclosed to the public.
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