Zeek Rewards: Jaymes Meyer Gets 15 Years in Prison and $4.8 Million Judgment

According to the Charlotte Observer:

A federal judge in Charlotte delivered a message Tuesday to a Napa Valley financier:

 

 

What Zeek Rewards giveth, the federal government taketh away.

In Jaymes Meyer’s case, that includes his freedom.

The CEO of Preferred Merchants LLC in Napa, Calif., will serve 15 months in prison and pay a $4.8 million judgment for attempting to hide millions in assets connected to the Rex Ventures Group, the Lexington-based parent company of Zeek Rewards, which prosecutors describe as one of the largest Ponzi schemes in U.S. history.

Read more here: http://www.charlotteobserver.com/news/local/crime/article97429572.html#storylink=cpy