First, TelexFree news update... For those of you anxious to learn the fate of your money...
TelexFree co-owner Carlos Wanzeler may have left US for Brazil
We have received news that Carlos Wanzeler was a no show at court where they are supposed to show cause that the restraining order should NOT be turned into a full injunction. When questioned, Wanzeler's lawyer admitted that it would not surprise him if Wanzeler had went back to Brazil.
As no criminal charges have been filed, he is free to leave the country if he chooses.
Lawyer for Joe Craft (CFO) quibbled over language that he claimed made him admit to wrongdoing if he signed the TRO. Judge, with SEC concurring, changed some language.
Lawyer for Steve Labriola (CMO) then requested the same changes to be done to his client's TRO.
There are many other quibbles, such as Merrill and Wanzeler's lawyers asking judge to release the cleaning business (also frozen) as well as minor amounts to deal with living expenses.
See Boston Globe http://www.bostonglobe.com/business/2014/05/07/one-telexfree-owner-appears-have-left-while-grand-jury-investigation-continues/kZo2XxKLO1UrNAjIZlrr7N/story.html
See BehindMLM http://behindmlm.com/companies/telexfree/telexfree-insiders-try-to-cut-prelim-injunction-deals
Showing posts with label World Ventures. Show all posts
Showing posts with label World Ventures. Show all posts
Wednesday, May 7, 2014
Tuesday, February 25, 2014
BREAKING NEWS: World Ventures *is* a Pyramid Scheme, according to Norwegian authorities
Norwegian authorities, after an investigation, concluded that World Ventures is a pyramid scheme.
See BehindMLM report for full details.
http://behindmlm.com/companies/world-ventures/world-ventures-a-pyramid-scheme-in-norway/
P.S. I've tangled with some "true believers" of World Ventures before. One of them even cloned this blog except to write stuff claiming I'm a fraud and a crook. I hope they got their heads straight now.
See BehindMLM report for full details.
http://behindmlm.com/companies/world-ventures/world-ventures-a-pyramid-scheme-in-norway/
P.S. I've tangled with some "true believers" of World Ventures before. One of them even cloned this blog except to write stuff claiming I'm a fraud and a crook. I hope they got their heads straight now.
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