Company announcements, direct sales updates and archived press coverage associated with TelexFree.
Marlborough, MA, April 17, 2014 -- Agents from the FBI and Homeland Security, acting on a search warrant, raided the headquarters of TelexFree Inc. on Thursday after Securities regulators in Massachusetts filed a lawsuit against the company, accusing it of defrauding tens of thousands of investor...
Read full storyMARLBOROUGH, Mass., April 14, 2014 -- TelexFREE LLC today announced that it and certain of its subsidiaries and affiliates filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code, in an effort to address certain operational challenges. The petitions were filed in the U.S...
Read full storyOn Tuesday, April 15th, Massachusetts Secretary of State William F. Galvin charged phone service marketer TelexFree with running a billion-dollar pyramid scheme that primarily targets Brazilian immigrants. The charges claim that TelexFREE Inc has been offering unregistered securities in Massachus...
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