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Source: Npros 1/19/2016

TelexFree Rep Jailed for Contempt

January 21, 2016 -- A former top rep with TelexFree is being held in jail in Florida on a contempt charge after failing to return assets that securities regulators had frozen. Sanderley Rodrigues de Vasconcelos, also known as Sann Rodrigues, was arrested in May on visa fraud charges after he presented a green card to Customs and Border Protection offices at Logan International Airport that he allegedly obtained based on false statements. He was confined to his home and had to surrender his passport and the passports of family members while awaiting trial.

Rodrigues had been given a deadline of January 15 to return $233,473 transferred out of his bank accounts, as well as the proceeds from the sale of real estate and cars. When he failed to do so, he was arrested.

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Agents Seize Approximately 20 Million in Scheme to Launder TelexFree Funds

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TelexFree President Pleads Guilty

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TelexFree Exec Requests Suppression of Evidence

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