TelexFree
October 2, 2014
"iFreex appears to have many of the same characteristics as other pyramid schemes the Securities Division has recently brought actions against, including Wings, TelexFREE and WCM777," the news release said.
Warning Issued Against iFreex, Possible Offshoot of TelexFree
Home business, direct sales and network marketing news from Npros.
Related news
-
TelexFree Fugitive Loses Citizenship
February 22, 2018 -- Carlos Wanzeler, the fugitive co-founder of TelexFree, was stripped of his Brazilian citizenship last week -- an unusual move by the Brazilian government wh...
-
TelexFree President Sentenced
James Merrill, former president of TelexFree, was sentenced on March 22 to six years in prison and three years of probation. Merrill pleaded guilty last October to one count of ...
-
Agents Seize Approximately 20 Million in Scheme to Launder TelexFree Funds
January 26, 2017(Boston)--Approximately $20 million in cash hidden inside a box spring in a Westborough, Massachusetts, apartment was seized late yesterday, and a Brazilian man ...
-
TelexFree President Pleads Guilty
Worcester, MA - October 25, 2016 -- James Merrill, president of TelexFree, pleaded guilty to one count of wire fraud conspiracy and eight counts of wire fraud in U.S. District C...
-
TelexFree Exec Requests Suppression of Evidence
An attorney for James Merrill has requested suppression of evidence seized during a raid of TelexFree's offices in April 2014. In a court filing, Robert Goldstein said the docum...