BREAKING NEWS: TelexFree investigation in Colombia

There has been little news out of Colombia after their Twitter-announced shutdown of WCM777 Ponzi that involved tweets from both the President AND the Police Chief. Now, the Superintendency of Companies in Colombia has apparently shut down TelexFree Colombia.

The Agency has published a public notice, based on the authority given in the financial emergency act of 2008 that given the government authority to investigate and close down scams in the wake of DMG and other pyramid schemes that almost destroyed the country's economy.

The public notice listed names and ID numbers of multiple individuals, with surnames of Lopez, Sierra, Moreno, and Vergel, with specific reference to "TelexFree Colombia"

A Colombian News article also pointed out that Colombia had recognized the existence of DMG-style pyramid/ponzi scheme in TelexFree.

It's also worth noting that TelxFree had been shut down in Brazil back in 2013, and is also shut down by Federal authorities in the US in 2014 after attempting to declare bankruptcy.

Thanks to PatrickPretty.com for the heads-up

OLD NEWS? TelexFree was also in Trouble in Colombia and Croatia

Search news archives revealed that Colombia had been investigating TelexFree since late February 2014.

In Bucaramanga, researchers have three ongoing processes. One of them is related to the company Telexfree, presented as a system of marketing and advertising for technology.

The Commissioner of Police, General Rodolfo Palomino, said this is the third alert the authorities launched the community not falling into deception.

Also in February, a newspaper in Croatia revealed that TelexFree had been recruiting in Croatia as well, with secret meetings and last-second cancellations.

"Simple earnings at home", "Fast internet earnings" and other enticing ads flooded the small advertising newspapers lately, offering the possibility of great additional income with a few hours of clicking the mouse at home. 
really sounds tempting, and certainly among the most publicized earnings over TelexFree - let's call it so - system, which has launched a company registered in Brazil and, according to the people who promote it, spread it around the world. 

So if you ask where your money is coming from if you are earning in TelexFree... the answer is... everywhere except your country... just as your money went to someone else, probably NOT in your country.

Related articles

• BREAKING NEWS: Rwanda called TelexFree "money laundering cartel"
• TelexFree Under Investigation In USA
• Scam Absurdities: What Sann Rodrigues of TelexFree do NOT want you to know about his past
• More Bizarre TelexFree Affiliates In Brazil: TelexFree Ice Cream

BREAKING NEWS: WCM777 and TelexFree now ILLEGAL in Peru

The Superintendency of Banking and Investments of Peru has issued its ruling... Neither WCM777 nor TelexFree are allowed to receive public funds in Peru.

http://www.andina.com.pe/Espanol/noticia-empresas-wcm777-y-telexfree-no-estan-autorizados-para-captar-dinero-del-publico-486768.aspx#.Uq0tNPRDt8E  (link in Spanish)

The article urges anyone who have remitted money to either entities operating illegally in Peru to contact the authorities immediately. Both phone numbers and email address have been provided and is at the link.

EDIT: Secondary link found

http://www.larepublica.pe/12-12-2013/advierten-que-wcm777-estafa-con-practica-piramidal-fraudulenta