Friday, April 4, 2014

BREAKING NEWS: SEC is apparently well aware of TelexFree, according to court filings

When SEC subpoenaed "Stephen Huntsman", a potential conspirator in the WCM ponzi scheme which SEC recently obtained a total bank freeze on, SEC lawyers asked Huntsman what is his relation to TelexFree (if any), and he replied he had none, though he did admit to be employed by Phil Ming Xu of WCM ponzi and related entities.

This means SEC is well aware of TelexFree as a potential scam. Expect action on the Federal level soon.

Thanks to PatrickPretty for spotting this

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