The SEC’s interest in pursuing Trudy Gilmond has come to an end, following
acceptance
of a tendered settlement offer.

As per the accepted offer, Gilmond (right) is

1.
barred from association with any broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization; and

2.
barred from participating in any offering of a penny stock, including: acting as a promoter, finder, consultant, agent or other person who engages in activities with a broker, dealer or issuer for purposes of the issuance or trading in any penny stock, or inducing or attempting to induce the purchase or sale of any penny stock.

Having stolen over $1.7 million dollars from Zeek Rewards victims, Trudy Gilmond was one of the top net-winners in the Ponzi scheme.

The SEC
sued Gilmond
 as an individual defendant in December, 2015.

In June 2017 the SEC obtained a
$2.07 million final judgment order
.

🤖 Quick Answer

What sanctions did the SEC impose on Trudy Gilmond?
The SEC barred Gilmond from associating with brokers, dealers, investment advisers, and municipal securities entities. Additionally, she is prohibited from participating in penny stock offerings in any capacity, including as promoter, finder, or consultant.

Why did the SEC pursue enforcement action against Trudy Gilmond?
Gilmond defrauded Zeek Rewards victims by stealing over $1.7 million. The SEC's enforcement action resulted from a settlement offer that Gilmond tendered, concluding the regulator's investigation into her fraudulent activities.

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