TelexFREE's U.S. website has been taken down, but the Canadian version remains up. The B.C. Securities Commission has not said whether it is investigating TelexFREE.
TelexFREE, which was shut down recently by regulators in the U.S., has registered as a business in Richmond, British Columbia. James Merrill and Carlos Wanzeler, who are charged with running a pyramid scheme in the United States, are listed as two of the company's directors in the Canadian business registration.
