For real news regarding scams and schemes affecting you, stay tuned to REAL news, not bogus news spread through your uplines and similar people out to recruit you.
Zeek Receiver Announce First Distribution Coming 30-SEP-2014
On the ZeekRewardsReceivership website, receiver Ken Bell announced that the first interim distribution is tentatively scheduled for 30-SEP-2014. All people who have filed a claim must have accepted the claim by 15-AUG-2014 to be paid by 30-SEP-2014. Also, those outside of the US must sign the OFACS waiver as well. Please see the ZeekRewardsReceivership.com update for yourself, as linked above.
Obviously this will NOT be the only distribution, but rather than make victims wait even longer (Zeek was closed in 2012!) a distribution will be made now while receiver goes after more net winners.
Sann Rodrigues will NOT receive award in Brazilian Congress
An event arranged by a Sao Paolo business leader Regino Barros to honor Sann Rodrigues, accused pyramid scheme TelexFree co-conspirator, and other people, has been cancelled hours before it was to start, according to iG News in Brazil. Sann Rodrigues was scheduled to receive "multi-level marketer of the year" award, according to program notes for the event, where Regino Barros will name Sann Rodrigues to "Multi-level Marketing Regulatory Agency", which is a private organization, despite the official sounding name and is not a government agency, according to iG. The senator who booked the room in Congress for Barros apparently was surprised at seeing Rodrigues' name on the list of honorees, but replied "we should not crucify before we have all the fact." when questioned by iG about Rodrigues. It is unknown if Rodrigues would have attended personally.
http://economia.ig.com.br/2014-05-29/homenagem-a-lider-da-telexfree-no-senado-e-cancelada.html (in Portuguese) and thanks to PatrickPretty for the lead
a blog about Skepticism, MLM, Scams, and Critical Thinking
Showing posts with label TelexFree. Show all posts
Showing posts with label TelexFree. Show all posts
Friday, May 30, 2014
Tuesday, May 27, 2014
News Update 27-MAY-2014: TelexFree losing more telecom license; Trustee to Take Over TelexFree? SEC explains where did the money go
Remember folks... Don't believe crap info passed along by ex-TelexFree affiliates but instead seek out real news websites for information. The TelexFree affiliates are prone to pass along mis-information that they believe are "good news" when they are not.
TelexFree under investigation in Oregon
In a recently filed memo, as found by PatrickPretty.com, Oregon joined Nevada and Minnesota in their slow-move to deny the TelexFree telecom license applications, which was previously started by Joe Isaacs of ISG Telecom when he was helping TelexFree. When the ruse by TelexFree was discovered, Joe Isaacs quickly sent letter explaining he was duped, and he's no longer involved, and all the numbers he filed for TelexFree may have been lies.
http://patrickpretty.com/2014/05/27/telexfree-faces-prospect-of-regulatory-probe-in-oregon/
Judge Signals Quick Approval for Trustee Takeover of TelexFree
(Wall Street Journal) In the first bankruptcy court session in Massachusetts, Judge Holman said he will appoint a trustee to take over the company from the existing management as soon as all the paperwork are in. All parties, including the SEC, US Trustee, DOJ, and TelexFree have no objection or approve of the trustee takeover.
http://online.wsj.com/news/articles/SB10001424052702303403604579588452063956192
Editor's note: This news was passed around by TelexFree affiliates as a "great victory". It is NOT a victory.
Facts are
For a look at what a bankruptcy trustee can do, look up "Irving Picard", who's the trustee for Bernie Madoff's ponzi scheme.
TelexFree under investigation in Oregon
In a recently filed memo, as found by PatrickPretty.com, Oregon joined Nevada and Minnesota in their slow-move to deny the TelexFree telecom license applications, which was previously started by Joe Isaacs of ISG Telecom when he was helping TelexFree. When the ruse by TelexFree was discovered, Joe Isaacs quickly sent letter explaining he was duped, and he's no longer involved, and all the numbers he filed for TelexFree may have been lies.
http://patrickpretty.com/2014/05/27/telexfree-faces-prospect-of-regulatory-probe-in-oregon/
Judge Signals Quick Approval for Trustee Takeover of TelexFree
(Wall Street Journal) In the first bankruptcy court session in Massachusetts, Judge Holman said he will appoint a trustee to take over the company from the existing management as soon as all the paperwork are in. All parties, including the SEC, US Trustee, DOJ, and TelexFree have no objection or approve of the trustee takeover.
http://online.wsj.com/news/articles/SB10001424052702303403604579588452063956192
Editor's note: This news was passed around by TelexFree affiliates as a "great victory". It is NOT a victory.
Facts are
- Trustee has not yet been appointed yet (soon)
- Appointment of trustee does NOT stop the criminal and civil investigation by DOJ and SEC
- Appointment of trustee does NOT stop the class action lawsuit
- Trustee takeover means EVERYBODY in the company is FIRED. It's be like a receiver (like the one for ZeekRewards) who, under supervision of the judge, can SUE people to see return of assets to pay the creditors (i.e. all of you who are owed money).
Whoever told you that the bankruptcy has been "granted" is false, and obviously this does NOT prove or disprove that TelexFree is a pyramid scheme. Company is DEAD.
For a look at what a bankruptcy trustee can do, look up "Irving Picard", who's the trustee for Bernie Madoff's ponzi scheme.
Sunday, May 25, 2014
NEWS UPDATE 25-MAY-2014: Katia Wanzeler released but ordered NOT to travel; TelexFree promoter kidnapped for ransom in Peru
As previously reported, Katia Wanzeler was apparently released from custody on 22-MAY-2014, transported by Marshal service on 23rd and delivered to Massachusetts the same day. Testimony is under seal as are the details of her release. She had to surrender her passport and ordered not to leave the state. Attempt to do so would constitute contempt of court and arrest may result.
In other news, La Republica in Peru reported that a vigilante team of TelexFree victims apparently kidnapped their upline/promoter and tried to force him to withdraw money to refund them. However, being amateurs, their suspicious behavior made the bank trigger the robbery alarm, and they ran, but were soon arrested later, where they confessed to the kidnapping and they only want a refund of their money.
http://www.larepublica.pe/24-05-2014/estafados-secuestraron-a-promotor-de-telexfree (in Spanish)
http://www.losandes.com.pe/Policial/20140524/80360.html (in Spanish)
In other news, La Republica in Peru reported that a vigilante team of TelexFree victims apparently kidnapped their upline/promoter and tried to force him to withdraw money to refund them. However, being amateurs, their suspicious behavior made the bank trigger the robbery alarm, and they ran, but were soon arrested later, where they confessed to the kidnapping and they only want a refund of their money.
http://www.larepublica.pe/24-05-2014/estafados-secuestraron-a-promotor-de-telexfree (in Spanish)
http://www.losandes.com.pe/Policial/20140524/80360.html (in Spanish)
Saturday, May 24, 2014
BREAKING NEWS: Judge Released Katia Wanzeler, require her to surrender passport and not leave Massachusetts
According to anonymous sources as revealed to Boston Globe, Katia Wanzeler was released on Friday, 23-MAY-2014. This cannot be confirmed because she was arrested on material witness warrant at JFK Airport for testimony about the TelexFree fraud in front of a grand jury, and such proceedings are secret. She was required to surrender her passport and required to stay in Massachusetts. Attempt to leave could trigger an arrest and prolonged jail stay due to contempt of court.
Katia Wanzeler was arrested a week ago, at JFK airport (in New York, not Boston) trying to board a flight to Brazil with a one-way ticket, along with 4 suitcases and $3000 in cash. She has yet to be charged with any wrongdoing.
http://www.bostonglobe.com/metro/2014/05/24/judge-frees-wife-telexfree-owner-accused-fraud-alleged-global-pyramid-scam/QujW5kmVdeK87XF9E7ViaN/story.html
Katia Wanzeler was arrested a week ago, at JFK airport (in New York, not Boston) trying to board a flight to Brazil with a one-way ticket, along with 4 suitcases and $3000 in cash. She has yet to be charged with any wrongdoing.
http://www.bostonglobe.com/metro/2014/05/24/judge-frees-wife-telexfree-owner-accused-fraud-alleged-global-pyramid-scam/QujW5kmVdeK87XF9E7ViaN/story.html
Thursday, May 22, 2014
NEWS UPDATE 22-MAY-2014: FBI / HSI Victim Reports; Uganda makes TelexFree arrest; Nevada Denies TelexFree telecom license; Ponzi Experts Talk TelexFree
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| FBI Badge & gun. (Photo credit: Wikipedia) |
FBI Needs TelexFree Victims' Help
Federal Bureau of Investigations (FBI) and Homeland Security Investigations (HSI) needs more victims of TelexFree to step forward and report how they are victimized. Please go to the following link to visit the FBI webpage, and fill out a questionnaire at the end.
http://www.fbi.gov/stats-services/victim_assistance/seeking-victim-information/telexfree-inc.-case
Please note this is for the CRIMINAL case, which is separate from the CIVIL case pursued by SEC
http://patrickpretty.com/2014/05/15/update-for-speakers-of-spanish-or-portuguese-secs-telexfree-complaint-now-available-in-your-language/
Uganda Makes First TelexFree related arrest
Uganda makes the first TelexFree related arrest of a local Ronald Muramuzi, who apparently was recruiting people into multiple HYIPs under multiple aliases and alternate names, and thus making himself quite rich. He's alleged to have profited by 2.37 Million USD (over 4 billion UGX)
http://behindmlm.com/companies/telexfree/top-ugandan-telexfree-affiliate-arrested/
Wednesday, May 21, 2014
BREAKING NEWS: Where is Katia Wanzeler? Asked Her Lawyers
According to an emergency motion filed merely hours ago (21-MAY-2014) in Boston, lawyers representing Katia Wanzeler (yes, there's more than one) don't know where their client is.
After Katia Wanzeler was taken off the jetway leading to a flight going to Rio de Janeiro, Brazil, at JFK airport last week, she had been detained on a material witness warrant by Federal court in Boston, MA issued 14-MAY-2014, and US Magistrate in New York (which is where JFK airport is) has remanded her to US Marshals to be remanded to Massachusetts as of order of 15-MAY-2014.
And her lawyers claimed that she has NOT appeared in front of grand jury yet, as of today, and they want to know why. And they ask the judge to order the US Marshals to expedite and to hurry along so Katia can regain her freedom, as she had not been charged with any crimes (yet)
This is not on any news, as the documents were filed merely hours ago, and spotted by sharp-eyed Don over at ASDUpdates.
Speculations are running wild, that perhaps USDOJ are preparing charges to hold Mrs. Wanzeler, now that her husband had flown the coop.
After Katia Wanzeler was taken off the jetway leading to a flight going to Rio de Janeiro, Brazil, at JFK airport last week, she had been detained on a material witness warrant by Federal court in Boston, MA issued 14-MAY-2014, and US Magistrate in New York (which is where JFK airport is) has remanded her to US Marshals to be remanded to Massachusetts as of order of 15-MAY-2014.
And her lawyers claimed that she has NOT appeared in front of grand jury yet, as of today, and they want to know why. And they ask the judge to order the US Marshals to expedite and to hurry along so Katia can regain her freedom, as she had not been charged with any crimes (yet)
This is not on any news, as the documents were filed merely hours ago, and spotted by sharp-eyed Don over at ASDUpdates.
Speculations are running wild, that perhaps USDOJ are preparing charges to hold Mrs. Wanzeler, now that her husband had flown the coop.
News Update 21-MAY-2014: James Merrill in jail, Merrill's Brother Subpoenased, Wanzeler spotted in Brazil
James Merrill Bail Denied
As reported yesterday, James Merrill, co-owner of TelexFree and now subject of criminal investigation by US Department of Justice, has his bail denied by magistrate as he's deemed a flight risk despite promise to surrender passport and/or surrender deed of his home.
http://amlmskeptic.blogspot.com/2014/05/breaking-news-telexfree-co-owner-james.html
James brother John Merrill subpoenaed by Massachusetts Secretary of State
Boston Globe has just reported that the Mass SecState Bill Galvin has subpoenaed James Merrill's brother, John Merrill, head of Fidelity Bank, for an interview, believed to be involving TelexFree and James Merrill.
While Fidelity Bank was among the various banks that TelexFree had a financial relationship with, Worchester Biz Journal reported that a spokesman in Bill Galvin's office confirmed that this is about whether John Merrill has any personal knowledge or involvement with TelexFree, instead of a bank relationship.
A Fidelity Bank spokesperson has stated that John Merrill have no statement at this time, and neither does the bank except to say that they believe the bank has committed no wrongdoing, and is cooperating fully with law enforcement.
http://www.wbjournal.com/article/20140521/NEWS01/140529983/1002
Acceris Realty, owned by Katia Wanzeler, involved in TelexFree in multiple ways
In related news, documents filed to court as evidence indicated that "Aceris" (or Acceris) Real Estate is one of the various companies setup by the Wanzelers, with Joe Craft's help, and may have received money from TelexFree.
Acceris Realty was registered by Joe Craft, CFO of TelexFree, back in early 2012, according to corporate records, before he became CFO of TelexFree. Acceris is owned by Katia Wanzeler, and is related to multiple properties in Massachusetts. Joe Craft is best known for his role for attempting to retrieve his laptop and 38 million in TelexFree cashier's checks WHILE the office was raided by Federal agents on April 16th and attempted to pass himself as a mere "consultant for TelexFree bankruptcy", and only reluctantly opened the bag for Sheriff's deputy when asked, and the checks were discovered. At least one of the checks was made out to Katia Wanzeler for amount of over 2 million dollars. It is unknown how much other funds had Acceris received from TelexFree, and whether this may constitute money laundering.
This, along with other TelexFree related companies also registered by Joe Craft, raises questions on how deep is the relationship between Joe Craft and the TelexFree coowners Merrill and Wanzeler, esp. prior of him becoming CFO of TelexFree. And how aware is he of the REAL financial situation at TelexFree.
Carlos Wanzeler, along with daughter Lyvia, is believed to have driven into Canada while his house and company was raided by Federal agents on April 16th, the day after TelexFree filed for bankruptcy. The BMW they drove was registered to Aceris, according to documents filed in the "material witness" warrant used to take Katia Wanzeler (Carlos' wife) into custody. There are unconfirmed reports that Katia may have driven a vehicle owned by Aceris to JFK Airport in New York. When detained by Federal agents at JFK, Katia Wanzeler has one-way ticket to Brazil purchased by someone in Brazil (believed to be Carlos Wanzeler) four suitcases, and $3000 in cash.
http://patrickpretty.com/2014/05/20/realty-firm-linked-to-carlos-and-katia-wanzeler-also-linked-to-former-telexfree-cfo-joe-craft/
Carlos Wanzeler may have reached Espirito Santo, Brazil
According to TelexFree's Brazilian lawyer Antonio Carlos de Alemeida Castro, aka "Kakay", Carlos Wanzeler is in Espirito Santo, and Kakay had spoken to him already, as reported by Globo.
http://behindmlm.com/companies/telexfree/james-merrill-denied-bail-carlos-wanzeler-surfaces-in-brazil/
As reported yesterday, James Merrill, co-owner of TelexFree and now subject of criminal investigation by US Department of Justice, has his bail denied by magistrate as he's deemed a flight risk despite promise to surrender passport and/or surrender deed of his home.
http://amlmskeptic.blogspot.com/2014/05/breaking-news-telexfree-co-owner-james.html
James brother John Merrill subpoenaed by Massachusetts Secretary of State
Boston Globe has just reported that the Mass SecState Bill Galvin has subpoenaed James Merrill's brother, John Merrill, head of Fidelity Bank, for an interview, believed to be involving TelexFree and James Merrill.
While Fidelity Bank was among the various banks that TelexFree had a financial relationship with, Worchester Biz Journal reported that a spokesman in Bill Galvin's office confirmed that this is about whether John Merrill has any personal knowledge or involvement with TelexFree, instead of a bank relationship.
A Fidelity Bank spokesperson has stated that John Merrill have no statement at this time, and neither does the bank except to say that they believe the bank has committed no wrongdoing, and is cooperating fully with law enforcement.
http://www.wbjournal.com/article/20140521/NEWS01/140529983/1002
Acceris Realty, owned by Katia Wanzeler, involved in TelexFree in multiple ways
In related news, documents filed to court as evidence indicated that "Aceris" (or Acceris) Real Estate is one of the various companies setup by the Wanzelers, with Joe Craft's help, and may have received money from TelexFree.
Acceris Realty was registered by Joe Craft, CFO of TelexFree, back in early 2012, according to corporate records, before he became CFO of TelexFree. Acceris is owned by Katia Wanzeler, and is related to multiple properties in Massachusetts. Joe Craft is best known for his role for attempting to retrieve his laptop and 38 million in TelexFree cashier's checks WHILE the office was raided by Federal agents on April 16th and attempted to pass himself as a mere "consultant for TelexFree bankruptcy", and only reluctantly opened the bag for Sheriff's deputy when asked, and the checks were discovered. At least one of the checks was made out to Katia Wanzeler for amount of over 2 million dollars. It is unknown how much other funds had Acceris received from TelexFree, and whether this may constitute money laundering.
This, along with other TelexFree related companies also registered by Joe Craft, raises questions on how deep is the relationship between Joe Craft and the TelexFree coowners Merrill and Wanzeler, esp. prior of him becoming CFO of TelexFree. And how aware is he of the REAL financial situation at TelexFree.
Carlos Wanzeler, along with daughter Lyvia, is believed to have driven into Canada while his house and company was raided by Federal agents on April 16th, the day after TelexFree filed for bankruptcy. The BMW they drove was registered to Aceris, according to documents filed in the "material witness" warrant used to take Katia Wanzeler (Carlos' wife) into custody. There are unconfirmed reports that Katia may have driven a vehicle owned by Aceris to JFK Airport in New York. When detained by Federal agents at JFK, Katia Wanzeler has one-way ticket to Brazil purchased by someone in Brazil (believed to be Carlos Wanzeler) four suitcases, and $3000 in cash.
http://patrickpretty.com/2014/05/20/realty-firm-linked-to-carlos-and-katia-wanzeler-also-linked-to-former-telexfree-cfo-joe-craft/
Carlos Wanzeler may have reached Espirito Santo, Brazil
According to TelexFree's Brazilian lawyer Antonio Carlos de Alemeida Castro, aka "Kakay", Carlos Wanzeler is in Espirito Santo, and Kakay had spoken to him already, as reported by Globo.
http://behindmlm.com/companies/telexfree/james-merrill-denied-bail-carlos-wanzeler-surfaces-in-brazil/
Tuesday, May 20, 2014
BREAKING NEWS: TelexFree co-owner James Merrill bail denied, will stay in Federal Jail
News just broke that the judge has denied bail to TelexFree co-owner James Merrill, despite promises of him and his wife to surrender passports and put down deed to their house as security bond.
Judge cited that Merrill still have access to many accounts not yet frozen in areas outside of US jurisdiction, and it is possible other top promoters, not charged yet still sympathetic to TelexFree, may choose to hide him and/or help him escape should bail be allowed. Perhaps even Carlos Wanzeler, believed to be in Brazil and considered a fugitive by USDOJ, may help him escape.
MLMSkeptic points out that Carlos Wanzeler is believed to have tried to help Katia Wanzeler, his wife, escape the US buy buying her a one-way ticket to Brazil. She was caught at the airport with 4 suitcases and 3000 in cash... and not Boston airport but further north, JFK Airport in New York. It was believed that Carlos Wanzeler himself have left the country LAST MONTH by driving into Canada.
Merrill's lawyer vowed to appeal the decision.
http://www.telegram.com/article/20140520/NEWS/305209476/1116#.U3u9fm5VYdU.twitter
Judge cited that Merrill still have access to many accounts not yet frozen in areas outside of US jurisdiction, and it is possible other top promoters, not charged yet still sympathetic to TelexFree, may choose to hide him and/or help him escape should bail be allowed. Perhaps even Carlos Wanzeler, believed to be in Brazil and considered a fugitive by USDOJ, may help him escape.
MLMSkeptic points out that Carlos Wanzeler is believed to have tried to help Katia Wanzeler, his wife, escape the US buy buying her a one-way ticket to Brazil. She was caught at the airport with 4 suitcases and 3000 in cash... and not Boston airport but further north, JFK Airport in New York. It was believed that Carlos Wanzeler himself have left the country LAST MONTH by driving into Canada.
Merrill's lawyer vowed to appeal the decision.
http://www.telegram.com/article/20140520/NEWS/305209476/1116#.U3u9fm5VYdU.twitter
Friday, May 16, 2014
TelexFree News Update 16-MAY-2014: Merrill will stay in jail for now; No News on Wanzeler; Possible Reload Scam Charged
According to Boston Globe, James Merrill was remanded into custody of DOJ after spending several days in a Federal facility in Rhode Island. At the bail hearing, Merrill's lawyer and wife affirmed their opinion that Merrill was not a flight risk and they are willing to sign over the deed of their house as security bond. On the other hand, DOJ lawyers stated that this may be the largest Ponzi scheme DOJ had ever charged in terms of possible victims and they simply can't take the risk should Merrill bolt (like a rabbit).
The judge has continued the case until Tuesday. Merrill will remain in Federal custody until then.
http://www.bostonglobe.com/business/2014/05/16/telexfree-owner-sent-back-jail-for-weekend/9UVXjaCdqx1M83VR8dAlDO/story.html
There currently is no further news on the Wanzeler or the other alleged co-conspirators, after Wanzeler's wife Katia Wanzeler was taken into custody... at JFK Airport (New York) with 4 suitcases (full?) and 3000 in cash... and a one-way ticket to Rio de Jainero, Brazil purchased for her FROM Brazil... who paid cash. She's being held as material witness... without bail, as she's considered a flight risk.
http://amlmskeptic.blogspot.com/2014/05/breaking-news-wife-of-carlos-wanzeler.html
And it's already reported here that Wings Network, which "voluntarily shut down", was charged next day by Massachusetts SecState Bill Galvin as a possible reload scam following TelexFree. In a press release, Galvin stated that his investigators are now aware of a group of promoters and scams that targets the same group of victims over and over, and he will likely investigate even deeper to protect the citizens of the commonwealth of Massachusetts.
http://amlmskeptic.blogspot.com/2014/05/breaking-news-massachusetts-charged.html
The judge has continued the case until Tuesday. Merrill will remain in Federal custody until then.
http://www.bostonglobe.com/business/2014/05/16/telexfree-owner-sent-back-jail-for-weekend/9UVXjaCdqx1M83VR8dAlDO/story.html
There currently is no further news on the Wanzeler or the other alleged co-conspirators, after Wanzeler's wife Katia Wanzeler was taken into custody... at JFK Airport (New York) with 4 suitcases (full?) and 3000 in cash... and a one-way ticket to Rio de Jainero, Brazil purchased for her FROM Brazil... who paid cash. She's being held as material witness... without bail, as she's considered a flight risk.
http://amlmskeptic.blogspot.com/2014/05/breaking-news-wife-of-carlos-wanzeler.html
And it's already reported here that Wings Network, which "voluntarily shut down", was charged next day by Massachusetts SecState Bill Galvin as a possible reload scam following TelexFree. In a press release, Galvin stated that his investigators are now aware of a group of promoters and scams that targets the same group of victims over and over, and he will likely investigate even deeper to protect the citizens of the commonwealth of Massachusetts.
http://amlmskeptic.blogspot.com/2014/05/breaking-news-massachusetts-charged.html
Thursday, May 15, 2014
(UPDATE) BREAKING NEWS: Wife of Carlos Wanzeler, TelexFree fugitive, arrested at airport, denied bail
#TelexFree co-owner’s wife arrested as she tried to leave the country http://t.co/wMuzqLIr5P via @BostonGlobe
— Beth Healy (@HealyBeth) May 15, 2014
Carlos Wanzeler has left the country several weeks ago, without informing his attorney. US DOJ considers Carlos Wanzeler a fugitive and apparently a warrant for his arrest had been issued.
James Merrill, co-owner of TelexFree, was already arrested last week.
UPDATE: According to affidavits filed with the court by Homeland Security, Katia Wanzeler's one-way ticket was purchased in cash by "someone in Brazil" (presumably, Carlos?) Katia was detained as "material witness" by Homeland Security. According to Katia Wanzeler, Carlos Wanzeler and daughter (?) Livia Wanzeler drove to Canada on the day of the raid by HSI/ICE/FBI/whoknowswhatelese on TelexFree office, and from there, flown to Brazil.
UPDATE 2: According to reports cited by BehindMLM, Katia Wanzeler was denied bail (which means she's indeed ARRESTED, not merely detained), as she's found at JFK with $3000 USD in cash, as well as FOUR fully loaded suitcases (70 pounds each?) AND one-way plane ticket to Rio de Jainero, Brazil. Her lawyer tried to argue that she's merely going for a visit with clothes for relatives, and will return in 1 week. The judge did not accept that explanation, and bail was denied as she's a flight risk.
According to affidavit filed earlier by Federal agents, Katia earlier, when questioned by agents who served a search warrant on the Wanzeler residence along with on TelexFree HQ, claimed that her husband is staying at a hotel, when in fact her husband, along with daughter Livia, drove north into Canada and caught a plane there to Brazil when situation turned dire. This raises the possibility of Katia being charged with obstruction of justice / impeding active Federal investigation later by USDOJ.
IN RELATED NEWS: James Merrill, the TelexFree co-owner that's currently in custody, has his bail also denied due to possible flight risk.
http://behindmlm.com/companies/telexfree/wanzelers-wife-arrested-denied-bail-and-in-tears
http://www.nydailynews.com/news/national/wife-accused-billion-dollar-ponzi-schemer-fly-brazil-feds-article-1.1794070
http://wwlp.com/2014/05/15/ny-judge-jails-wife-in-mass-fraud-scheme/
http://www.bostonglobe.com/business/2014/05/15/bmw-ride-quebec-flight-sao-paulo-delivered-telexfree-owner-refuge-from-authorities-his-wife-and-business-partner-are-custody/zxGZI8Lvrlp9DccSVtyaCO/story.html
If your name is among the "TelexFree 8", don't try to leave town.
Wednesday, May 14, 2014
BREAKING NEWS: Wings Network quits US Market
Only days after Massachusetts SecState Bill Galvin expressed some concerns in the US and requested some documents from it, Wings Network decided to cease operation in the US altogether. Mind you, this is less than a month after Mass State and SEC and HSI and FBI, and ICE and who knows what else raided TelexFree.
Wings Network was often pitched by "leaders" in TelexFree as a plan B of some sort after shutdown of TelexFree.
Wings Network website now shows a message to all US IP addresses that it has VOLUNTARILY ceased operation in the US.
You can drawn your own conclusions.
(Thanks to BehindMLM for reference http://behindmlm.com/companies/wings-network-suspend-us-operations/ )
Wings Network was often pitched by "leaders" in TelexFree as a plan B of some sort after shutdown of TelexFree.
Wings Network website now shows a message to all US IP addresses that it has VOLUNTARILY ceased operation in the US.
You can drawn your own conclusions.
(Thanks to BehindMLM for reference http://behindmlm.com/companies/wings-network-suspend-us-operations/ )
Monday, May 12, 2014
NEWS UPDATE 13-MAY-2014: TelexFree believers spam judge; WCM777 "counsel" unlicensed?; Botafogo dumps TelexFree
Some news on this Tuesday the 13th (unlucky day to some Hispanics)...
TelexFree Believers Spam Judge with Doodle
According to court documents made public via PACER court system, many TelexFree believers have mailed doodles and letters of support to the judge presiding over TelexFree. As they have really nothing to do with the case (it's not considered evidence), it's basically spam. They are in English a Spanish, handwritten and typewritten, some even includes doodles. Many of the letters basically says "I trust TelexFree, I think this is all some sort of media understanding and a conspiracy to make the company look bad..." Which is, of course, hilarious.
You can see a sample of such at PatrickPretty.com
WCM777 "General Counsel" may be unlicensed ANYWHERE
Vincent Messina, who was a part of the SEC probe into the WCM777 ponzi scheme as he was listed as "counsel" for the company, has no license to practice anywhere, according to a new SEC complaint filed to the Federal Court. The scam's size has been revised upward to over $80 million dollars, and Vincent Messina, whom was highlighted before as having "lost" a 200K dollar check, has no licensed to practice law in California (WCM777 is based in Southern California). While Mr. Messina claimed that he's licensed in Florida, SEC has checked with Florida Bar association, and Mr. Messina's membership is listed as "inactive".
According to the same complaint, Messina is also running another suspect scheme called IMV which may have received several million from WC777 before SEC closed the scam in April 2014.
See PatrickPretty.com for details.
Botafogo Dumps TelexFree Sponsorship
On the team website, Botafogo announced that they have rescinded TelexFree sponsorship (in Portuguese). They will strip the TelexFree logo from their uniforms immediately. The announcement was barely 2 sentences.
Thanks to PatrickPretty.com for the lead story.
TelexFree Believers Spam Judge with Doodle
According to court documents made public via PACER court system, many TelexFree believers have mailed doodles and letters of support to the judge presiding over TelexFree. As they have really nothing to do with the case (it's not considered evidence), it's basically spam. They are in English a Spanish, handwritten and typewritten, some even includes doodles. Many of the letters basically says "I trust TelexFree, I think this is all some sort of media understanding and a conspiracy to make the company look bad..." Which is, of course, hilarious.
You can see a sample of such at PatrickPretty.com
WCM777 "General Counsel" may be unlicensed ANYWHERE
Vincent Messina, who was a part of the SEC probe into the WCM777 ponzi scheme as he was listed as "counsel" for the company, has no license to practice anywhere, according to a new SEC complaint filed to the Federal Court. The scam's size has been revised upward to over $80 million dollars, and Vincent Messina, whom was highlighted before as having "lost" a 200K dollar check, has no licensed to practice law in California (WCM777 is based in Southern California). While Mr. Messina claimed that he's licensed in Florida, SEC has checked with Florida Bar association, and Mr. Messina's membership is listed as "inactive".
According to the same complaint, Messina is also running another suspect scheme called IMV which may have received several million from WC777 before SEC closed the scam in April 2014.
See PatrickPretty.com for details.
Botafogo Dumps TelexFree Sponsorship
On the team website, Botafogo announced that they have rescinded TelexFree sponsorship (in Portuguese). They will strip the TelexFree logo from their uniforms immediately. The announcement was barely 2 sentences.
Thanks to PatrickPretty.com for the lead story.
Saturday, May 10, 2014
BREAKING NEWS: TelexFree head James Merrill arrested by Homeland Security, Wanzeler wanted as fugitive
According to updates obtained by ASDUpdates.com through the court PACER system, and spotted by behindmlm.com, criminal charges have been filed against James Merrill and Carlos Wanzeler for "conspiracy to commit wire fraud", the same charges that brought down Andy "Ad Surf Daily" Bowdoin.
It is believed that Wanzeler had left the US earlier for Brazil. According to Boston.com, James Merrill has already been taken into custody. See below the additional links.
UPDATE: Wanzeler is considered a fugitive from US justice. If you have information on where is Carlos Wanzeler, you are encouraged to inform the local authorities, or the American Embassy if you are not in the US.
UPDATE: James Merrill will be arraigned for bail hearing on Monday. He's being detailed for jail at a currently undisclosed location.
http://behindmlm.com/companies/telexfree/telexfree-owner-arrested-criminal-charges-filed/#more-17057
It is believed that Wanzeler had left the US earlier for Brazil. According to Boston.com, James Merrill has already been taken into custody. See below the additional links.
UPDATE: Wanzeler is considered a fugitive from US justice. If you have information on where is Carlos Wanzeler, you are encouraged to inform the local authorities, or the American Embassy if you are not in the US.
UPDATE: James Merrill will be arraigned for bail hearing on Monday. He's being detailed for jail at a currently undisclosed location.
http://behindmlm.com/companies/telexfree/telexfree-owner-arrested-criminal-charges-filed/#more-17057
Thursday, May 8, 2014
Similarities Among TelexFree, Zeek Rewards, and Ad Surf Daily
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| Telexfree ad, but where is your money really going? (Photo credit: WwW.UrBaNiCaNo.NeT) |
Those of you who enjoy listening to sweet little lies, go ahead and tune out the truth here.
Those of you actually interested at the TRUTH should read BehindMLM.com, Ponzitracker.com, PatrickPretty.com or this blog here (through Google Translate if you don't read English)
Now, what are common among 2 different ponzi schemes, and the alleged ponzi scheme TelexFree?
FACT: All three claimed to be selling something legitimate
- Ad Surf Daily (ASD) claims to sell internet ads
- Zeek Rewards (Zeek) claims to sell penny auction bids
- TelexFree (TF) claims to sell long distance minutes
- ASD makes you a) buy 'ad package', and b) gives you 'rebates' (up to 2% per day) over X days
- Zeek makes you a) buy 'bids' and b) gives you 'profit share' (up to 1.5% per day) over 90 days
- TF makes you a) buy Adcentral packs and b) gives you $$$ for 52 weeks at up to 250% profit
FACT: All three claimed they are NOT investments because you have to do some inconsequential work to "qualify" for your money... if you give them money first.
ASD has you "watching" some video ads, while Zeek and TF have you POST internet text ads. They are inconsequential and worthless. They cannot possibly the reason you're paying that much. Thus, the logical reason is they want you for your money (i.e. that stuff you "buy").
FACT: All three has a nonsensical business model if you think about it
- ASD: How would you watching each other's ad magically grow revenue if there's no outside source of revenue? Who are buying these ads except EACH OTHER?
- Zeek: Is the company actually making ENOUGH from penny auctions to be rolling in profit to pay out at 1.5% daily? And why pay people that amount for inconsequential work like posting ads when you can hire people in Asia to post that for pennies? (And in fact, some companies offer to post those ads for you for a few dollars a month)
- TelexFree: VOIP has far better providers like Skype, or other chat clients. Why use TelexFree? Why are they paying outrageous rates for inconsequential work? (And in fact, some companies offer to post those ads for you for a few dollars a month)
But wait, there's more! A LOT MORE!
Wednesday, May 7, 2014
NEWS UPDATE: TelexFree Insiders Fled or Tried to Cut Deals, WorldVentures files appeal to pyramid scheme decision
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
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
Tuesday, May 6, 2014
BREAKING NEWS: TelexFree Bankruptcy Will Be Moved to Massachussetts
It was just announced (about 30 some minutes ago) Judge Landis of Bankruptcy Court in Las Vegas Nevada has decided to move the case to Massachusetts.
http://www.ponzitracker.com/main/2014/5/6/court-suspends-telexfree-bankruptcy-grants-motion-to-transfe.html
Judge cited many reasons, essentially concluding that the ONLY thing tying TelexFree to Nevada is a mailbox and a piece of paper filed with Nevada. EVERYTHING that had something to do with the company, such as HQ, staff, equipment, assets, and so on, are in or near Massachusetts. Even 10 of the top 30 creditors are in Massachusetts.
Judge did not rule on motions such as which parts of temporary restraining order conflicts with the automatic stay (part of bankruptcy) or the US Trustee's request to have a special trustee placed to oversee the bankruptcy rather than TelexFree personnel (such as Runge and MacMillan).
Stay tuned to MLMSkeptic blog, BehindMLM, PonziTracker, and/or PatrickPretty websites for more updates as they become available.
UPDATE: News now confirmed by Boston Globe
http://www.bostonglobe.com/business/2014/05/06/las-vegas-bankruptcy-judge-will-send-telexfree-case-back-massachusetts/KAo3EqqIOmcfFYGGnjioNP/story.html
http://www.ponzitracker.com/main/2014/5/6/court-suspends-telexfree-bankruptcy-grants-motion-to-transfe.html
Judge cited many reasons, essentially concluding that the ONLY thing tying TelexFree to Nevada is a mailbox and a piece of paper filed with Nevada. EVERYTHING that had something to do with the company, such as HQ, staff, equipment, assets, and so on, are in or near Massachusetts. Even 10 of the top 30 creditors are in Massachusetts.
Judge did not rule on motions such as which parts of temporary restraining order conflicts with the automatic stay (part of bankruptcy) or the US Trustee's request to have a special trustee placed to oversee the bankruptcy rather than TelexFree personnel (such as Runge and MacMillan).
Stay tuned to MLMSkeptic blog, BehindMLM, PonziTracker, and/or PatrickPretty websites for more updates as they become available.
UPDATE: News now confirmed by Boston Globe
http://www.bostonglobe.com/business/2014/05/06/las-vegas-bankruptcy-judge-will-send-telexfree-case-back-massachusetts/KAo3EqqIOmcfFYGGnjioNP/story.html
Monday, May 5, 2014
TelexFree News Update 5/5/2014: Dominican Fugitive, Class Action Lawsuit
The trial will continue in Las Vegas, but there are other developments.
Dominican Republic Developments
TelexFree top promoter in Dominican Republic Carlos Manuel Vanterpool Severino has apparently gone into hiding, and is considered a fugitive (from the law), according to DR media reports. At least 5 different raids were performed last week by authorities, and various items such as cash, 2 weapons (shotgun and pistol), plus various computers and phones (smartphones and tablets?) were seized.
http://pgr.gob.do/Portal/Contents/Articulos/Noticias/20140504-Procuraduria-asegura-continuaran-allanamientos-torno-caso-TelexFree.ashx (in Spanish)
Class Action Suit Launched Against TelexFree, top promoters and officers, lawyer, banks...
Class action lawsuit has been filed against TelexFree entities, officers, top promoters, Gerald Nehra the lawyer, and the banks. The 73 page document alleged that TelexFree officers conspirated with the top promoters along with the lawyer Gerald Nehra to violate security laws, promote fraud, and much much more. And the banks did nothing to stop the fraud.
http://www.kccllc.net/telexfree/document/1412524140505000000000004
http://www.metrowestdailynews.com/article/20140502/NEWS/140509026/1994/NEWS
Dominican Republic Developments
TelexFree top promoter in Dominican Republic Carlos Manuel Vanterpool Severino has apparently gone into hiding, and is considered a fugitive (from the law), according to DR media reports. At least 5 different raids were performed last week by authorities, and various items such as cash, 2 weapons (shotgun and pistol), plus various computers and phones (smartphones and tablets?) were seized.
http://pgr.gob.do/Portal/Contents/Articulos/Noticias/20140504-Procuraduria-asegura-continuaran-allanamientos-torno-caso-TelexFree.ashx (in Spanish)
Class Action Suit Launched Against TelexFree, top promoters and officers, lawyer, banks...
Class action lawsuit has been filed against TelexFree entities, officers, top promoters, Gerald Nehra the lawyer, and the banks. The 73 page document alleged that TelexFree officers conspirated with the top promoters along with the lawyer Gerald Nehra to violate security laws, promote fraud, and much much more. And the banks did nothing to stop the fraud.
http://www.kccllc.net/telexfree/document/1412524140505000000000004
http://www.metrowestdailynews.com/article/20140502/NEWS/140509026/1994/NEWS
Friday, May 2, 2014
TelexFree News Update 5/2/2014: New CEO knows nothing, most procedural things done, no big news
May 2nd is the big court date for TelexFree and Jordan "Ponzitracker" Maglich was live-tweeting about the trial, and not too much happened. Before giving you a summary, I would like to make some comments.
1) Nothing Important Happened. Really.
Any one who tell you otherwise, like "court exonerates TelexFree", are LIARS.
There was ONE document, that says something will be decided today, but today's session will be continued Monday. It has NOT concluded. So any one who was talking about "good news" are LIARS. There are NO SIGNIFICANT NEWS. Today is just some testimony, and decisions on what can be admitted as evidence, and what cannot be.
2) Unauthorized and plagiarized "live tweet" of trial
Any one "live tweeting", unless they are actually IN the courtroom, and they are probably lying, are simply copying Jordan "Ponzitracker" Maglich's coverage (and Oz's authorized copy on BehindMLM).
Here's the original: http://www.ponzitracker.com/main/2014/5/2/live-blogging-the-telexfree-bankruptcy-hearing.html
There are many alleged coverage on Youtube, mostly of stupid, unattributed (and unauthorized) translations and copies of the real thing, and often the information are outright WRONG. Some even claimed that the bankruptcy was already approved (it haven't even started). THOSE ARE LIARS. THEY POST CRAP LIKE THIS:
Accept no substitutes. Ponzitracker will be covering the continuation on Monday. If you wish to donate a few dollars to pay for his special lawyers-only subscription ($30 per hour!) to the trial, please do so at his website.
Now, a quick summary of the trial thus far:
1) Nothing Important Happened. Really.
Any one who tell you otherwise, like "court exonerates TelexFree", are LIARS.
There was ONE document, that says something will be decided today, but today's session will be continued Monday. It has NOT concluded. So any one who was talking about "good news" are LIARS. There are NO SIGNIFICANT NEWS. Today is just some testimony, and decisions on what can be admitted as evidence, and what cannot be.
2) Unauthorized and plagiarized "live tweet" of trial
Any one "live tweeting", unless they are actually IN the courtroom, and they are probably lying, are simply copying Jordan "Ponzitracker" Maglich's coverage (and Oz's authorized copy on BehindMLM).
Here's the original: http://www.ponzitracker.com/main/2014/5/2/live-blogging-the-telexfree-bankruptcy-hearing.html
There are many alleged coverage on Youtube, mostly of stupid, unattributed (and unauthorized) translations and copies of the real thing, and often the information are outright WRONG. Some even claimed that the bankruptcy was already approved (it haven't even started). THOSE ARE LIARS. THEY POST CRAP LIKE THIS:
 |
| Actual fake news found online even before the trial coverage ended today, 2-MAY-2014 |
Accept no substitutes. Ponzitracker will be covering the continuation on Monday. If you wish to donate a few dollars to pay for his special lawyers-only subscription ($30 per hour!) to the trial, please do so at his website.
Now, a quick summary of the trial thus far:
Thursday, May 1, 2014
TelexFree News Update 4/30/2014: Sann Rodrigues invokes God, Santiago De La Rosa ordered to sell bling cars
Not too many news items, as everyone is waiting for the huge court date of May 2nd...
Sann Rodrigues invokes God, vows "I am never going to stop this [TelexFree?]"
According to the SEC, in court documents recently filed, they found Sann Rodrigues uploaded a video to Youtube on April 16th, the day of the SEC/ FBI / HSI / ICE / who knows what else raid on TelexFree. In the video, Sann Rodrigues announced:
So being a scammer is in his blood, hmmm? Please keep in mind this is NOT Sann Rodrigues's first time being investigated by SEC. Back in 2007 SEC busted him for operating "Universo FoneClub" that charged over 1000 dollars for an opportunity to sell phone cards, but people actually made money recruiting other people.
Back then, he claimed that God wanted Brazilians to prosper and Universo FoneClub was the way. Now he claimed God invented binary. It's clear that he's recycling his old recruiting talk and he really isn't going to change... Much like Kevin Trudeau (who recently got 10 years jail sentence).
Recall that the only one who really prospered is himself. He's the one showing off fancy Ferraris on TV and a mansion in Florida. And he's not shy showing it off. See for yourself:
Which brings us to one of his co-conspirators, also charged by the SEC, Santiago de la Rosa.
Sann Rodrigues invokes God, vows "I am never going to stop this [TelexFree?]"
According to the SEC, in court documents recently filed, they found Sann Rodrigues uploaded a video to Youtube on April 16th, the day of the SEC/ FBI / HSI / ICE / who knows what else raid on TelexFree. In the video, Sann Rodrigues announced:
I am never going to stop this. If I say to my network I will never stop this because it is in blood, DNA. And who started multi-level was God. If you want to learn, learn. If you want to frown, frown. God made binary, Adam and Eve, and told them to multiply. For me, it is given by God.It was pretty obvious that Sann Rodrigues was referring to TelexFree (that he will never stop doing TelexFree).
So being a scammer is in his blood, hmmm? Please keep in mind this is NOT Sann Rodrigues's first time being investigated by SEC. Back in 2007 SEC busted him for operating "Universo FoneClub" that charged over 1000 dollars for an opportunity to sell phone cards, but people actually made money recruiting other people.
Recall that the only one who really prospered is himself. He's the one showing off fancy Ferraris on TV and a mansion in Florida. And he's not shy showing it off. See for yourself:
 |
| Sann Rodrigues on Vimeo, self-proclaimed millionaire through TelexFree, showing off his assets vows to never stop (what? cheating other people? first through Universo FoneClub, then TelexFree?) |
Tuesday, April 29, 2014
TelexFree News Update 4/29/2014: Banned in Montana, Wanzeler, Merrill, and Craft forced out?
There are not that many updates for Monday... seems everything will be decided on May 2nd.
Montana Banned TelexFree, citing lies about no operating in that state
On April 23rd, 2014 Montana issued a "cease and desist" to TelexFree, after asking it for many months to provide a list of members in Montana, how much had they paid in, and how much had they been paid. Montana requires all MLM companies to register with the state, and TelexFree submitted an old form. When informed they need to submit the right form, the company kept on submitting incomplete information. In October 2013, TelexFree replied that they are gathering information, and have stopped operating in Montana, and in February 2014, claimed that they are no longer seeking to operate in Montana. However, when TelexFree got raided in Massachusetts, Montana has identified at least 34 participants in Montana, totalling over 70000 dollars.
See PatrickPretty.com for details, and thanks to them for spotting it first.
Montana Banned TelexFree, citing lies about no operating in that state
On April 23rd, 2014 Montana issued a "cease and desist" to TelexFree, after asking it for many months to provide a list of members in Montana, how much had they paid in, and how much had they been paid. Montana requires all MLM companies to register with the state, and TelexFree submitted an old form. When informed they need to submit the right form, the company kept on submitting incomplete information. In October 2013, TelexFree replied that they are gathering information, and have stopped operating in Montana, and in February 2014, claimed that they are no longer seeking to operate in Montana. However, when TelexFree got raided in Massachusetts, Montana has identified at least 34 participants in Montana, totalling over 70000 dollars.
See PatrickPretty.com for details, and thanks to them for spotting it first.
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