TelexFree

Earlier this 12 months it emerged TelexFree scammer Sann Rodrigues fled Brazil with assistance from a lawyer and two former cops. Rodrigues stays at massive, nonetheless the lawyer and one of many cops concerned had been arrested again in February. The pair had been launched a day later and have been out on bail since. […]

TelexFree Brazil co-owners Carlos Wanzeler and Carlos Costa have been sentenced to 12 and a half years in jail. The pair have additionally been fined R$1 million ($183,698 USD) every. There’s just a few TelexFree instances occurring in Brazil, however I imagine that is the Espirito Santo prison case that emerged in 2017. Of notice

Simply over per week in the past the TelexFree Trustee introduced he was engaged on a Plan of Liquidation for submitting. On Could sixth the plan was filed, revealing what TelexFree victims can count on restoration sensible. As on the time of the submitting, the TelexFree Trustee is sitting on round $176 million. Right here’s

Just below two weeks in the past BehindMLM known as out the TelexFree Trustee for failing to speak with victims. At present the Trustee has lastly offered an replace on parallel IRS proceedings and distribution funds. In our April nineteenth article we cited the IRS’ $429 million greenback declare as a significant threat to TelexFree

Individually and thru their D&L Belief, Linda and David Hackett stole over $1.2 million {dollars} from TelexFree victims. Over 4 years since clawback proceedings have been filed in opposition to them, the Hacketts have settled with the TelexFree Trustee. Initially the Hacketts disputed the Trustee’s claims in opposition to them. They disagreed with how a

Though declare dispute filings proceed to clog the TelexFree case docket, litigation between the Trustee and IRS is probably going the explanation no declare distributions have gone out. We’ve recognized in regards to the IRS’ claims towards the Trustee for some time, however at present is the primary time we look at the case and

Simply days after the Supreme Court docket rejected his citizenship enchantment, Brazilian authorities have arrested Carlos Wanzeler. Issues are transferring way more rapidly than anticipated. Wanzeler (proper) was arrested on Thursday, throughout what seems to be a household go to to Rio de Janeiro. The Gazette quotes Wanzeler’s Brazilian lawyer, Rafael Lima, as stating Wanzeler

Carlos Wanzeler has misplaced his citizenship enchantment, lastly paving the best way for extradition to the US. Wanzeler (proper) is wished within the US, over his co-ownership of the $3 billion greenback TelexFree Ponzi scheme. Wanzeler and his accomplice James Merrill had been indicted on fraud and conspiracy fees in July 2014. Quite than face

Federal police have launched an investigation into how Sann Rodrigues managed to flee Brazil in 2015. Like Carlos Wanzeler, after authorities within the US moved towards TelexFree, Rodrigues fled to Brazil. On the time authorities in Brazil have been conducting parallel investigations into TelexFree. Rodrigues, being the very best earner within the firm, was naturally