Business

Kenneth Bell, the court-appointed receiver for managing Zeekrewards frozen accounts has recovered $300 million in assets from the company and its parent company Rex Venture Group LLC in the $600 million Ponzi scheme.

Jerry Sandusky, convicted on 45 counts of child molestation and abuse during his reign as assistant football coach at Penn State University, has been a court date for his sentencing on October 9.

As expected the advent of the iPhone 5 has delivered Apple Inc. with stocks as high as $701.34 on Tuesday morning in New York as reported by Bloomberg. The report suggests that Apple’s stocks have advanced 73 percent since 2011 with a $657 billion market capitalization.