tag:blogger.com,1999:blog-7600505010903219424.post4676028748044123707..comments2024-03-27T17:02:31.780-07:00Comments on A (MLM) Skeptic: BREAKING NEWS: TelexFree bankruptcy hearing delayed until April 21stGuyReviewshttp://www.blogger.com/profile/17270600804829601202noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7600505010903219424.post-78621599139474469762014-04-22T09:34:40.556-07:002014-04-22T09:34:40.556-07:00The reclamation process will be open to all (in or...The reclamation process will be open to all (in or out of the US), but there is a limit to the reach of a US court. If the money went out of the country, there will not be much the US court can do to compel the non-US recipients to give back their money. And judging by the way TelexFree was shuffling money in the last 6 months, it has less than 100 million, maybe less than 50 million, out of the 300+ million it had received. <br /><br />My pessimistic prediction is the victims will get back less than 15% of what they put in. GuyReviewshttps://www.blogger.com/profile/17270600804829601202noreply@blogger.comtag:blogger.com,1999:blog-7600505010903219424.post-41828434824254915842014-04-21T14:49:03.081-07:002014-04-21T14:49:03.081-07:00My question is: what will be the fate of those tel...My question is: what will be the fate of those telexfree victims (so-called associates & promoters) around the world? Is U.S govt not going to speak and fight for them may be by reimbursing them? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7600505010903219424.post-63822241241280861732014-04-19T13:16:18.899-07:002014-04-19T13:16:18.899-07:00Personally, I think SEC is going to "flip&quo...Personally, I think SEC is going to "flip" Joe Craft so he'll nail Wanzeler and and Merrill. The checks were all purchased by Wanzeler and Merrill any way. Craft can't even cash the checks as he has no ownership interest in the other entities or even listed as officer. <br /><br />If you want to make sure these perps see jail time, gather up your evidence (presentations, videos, etc.) print them out, organize them, then document every penny you put in, videos of meetings (Sann Rodrigues and the rest) burn them to DVD and more, and ask all of your friends who are victims to do the same (though if there's same video, don't repeat them) then make a big news splash by calling the news stations, that you're planning a very quiet march (everybody wear black T-shirts and black arm bands), and plan a quiet walk to Bill Galvin's office where you hand over everything, and hopefully the news camera will come and let you speak your piece. GuyReviewshttps://www.blogger.com/profile/17270600804829601202noreply@blogger.comtag:blogger.com,1999:blog-7600505010903219424.post-31796015762195771492014-04-19T04:54:22.329-07:002014-04-19T04:54:22.329-07:00It appears as if TelexFREE is done. The fat lady o...It appears as if TelexFREE is done. The fat lady or Joe Craft is about to sing really loud! All of the regulatory work that was done by the consulting firm they brought in to make them compliant turned out to be a total wast of time. Not only did Merrill, Wanzeller, Costas and Craft know what they were doing but they tried to steal 37 Million right before they filed bankruptcy. Isn't that a diversion of assets which in itself is fraud? Merrill is in complete and total denial. It wouldn't surprise me if they try to make Gerald Nehra a patsy. Who will actually go to jail or will they let Jimbo go back to scrubbing toilets to support his family????Anonymousnoreply@blogger.com