Zhunrize

The Zhunrize Receiver has filed his sixteenth and final status report. A December 19th motion also seeks to close the Zhunrize Receivership and discharge the Receiver. The Zhunrize Receivership managed to recover $46.5 million. As of August 2018, $41.2 million had been returned to Zhunrize victims. After distribution to Zhunrize victims, fees expenses and estimated closing […]

Zhunrize and owner Jeff Pan have been hit with $132 million dollar final judgments. Final judgment against Zhunrize and Pan was ordered on November 14th and 13th respectively. As per the orders both Zhunrize and Pan are permanently prohibited from further committing securities fraud. Zhunrize is up for $72,887,552 in disgorgement, plus $23,887,774 in prejudgment