The Zhunrize Receiver has filed his sixteenth and remaining standing report.
A December nineteenth movement additionally seeks to shut the Zhunrize Receivership and discharge the Receiver.
The Zhunrize Receivership managed to recuperate $46.5 million. As of August 2018, $41.2 million had been returned to Zhunrize victims.
After distribution to Zhunrize victims, charges bills and estimated closing prices, $2.7 million stays.
These funds might be remitted to the SEC “pursuant to the Ultimate Judgment as to Defendant Jeff Pan”.
Jeff Pan, Zhunrize’s proprietor and operator, was hit with a $35.5 million greenback remaining judgment final month.
Pending granting of the Receiver’s movement, the Zhunrize Receivership will destroy any information collected and shut down.
BehindMLM reviewed Zhunrize again in December 2013, appropriately figuring out it as a Ponzi scheme.
The Receivership closing down may also mark the top of our rolling six-year Zhunrize protection. Thanks for studying!