Paul Burks.

PositionTRIAD BRIEFS: BRIEFS

Paul Burks, owner of Rex Venture Group and CEO of ZeekRewards, was convicted on four counts of fraud and conspiracy for his involvement in the $900 million internet Ponzi scheme based in Lexington that defrauded more than 900,000 victims [cover story, June 2015). Burks, 69, faces up to 65 years in prison and $1 million in fines. The verdict followed a three-week trial."Burks used deceit and dishonesty to engineer an extensive Ponzi...

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