The court-appointed Receivership for the $600 million Zeek Rewards Ponzi scheme launched its affiliate claim form today. Victims of the fraud, which the SEC shut down before an imminent collapse, have until September 5, 2013, to file their claims for losses.

Timely submission of a complete claim form is mandatory. Affiliates must include all supporting documentation. Failure to do so may result in the claim's full disallowance. The information requested on the form helps determine the allowable amount, if any, of an asserted claim. It does not guarantee a distribution.

Affiliates will not receive compensation based on their Ponzi points balances. Regardless of what an upline told investors, the entire points system operated as monopoly money, with no real backing. New Zeek Rewards investors simply funded payouts to earlier participants, relying on a continuous influx of new money.

The Receiver continues to investigate the scheme's financial information and secure potential assets. FTI Consulting completed an initial validation of the RVG databases. FTI also worked to reconcile deposited financial instruments against these databases to identify the total amount invested in ZeekRewards and determine net winners and losers.

The Receiver works with various financial institutions to obtain necessary data. This analysis reconstructs the Receivership Defendant's records and identifies funds within the Receivership Estate. The investigation also covers accounts, payments, and transfers involving key insiders, third-party advisors, and companies linked to RVG or its principals. Transfers made through various payment processors and e-wallets to RVG accounts are part of this ongoing review.

"I never told anyone to invest more money than they could afford, I didn't tell them to do that. Never. It's their fault. Not mine. Don't blame me," stated Paul Burks, CEO of Zeek Rewards.