TelexFree

Earlier this year it emerged TelexFree scammer Sann Rodrigues fled Brazil with the aid of a lawyer and two former police officers. Rodrigues remains at large, however the attorney and one of the police officers involved were arrested back in February. The pair were released a day later and have been out on bail since. […]

TelexFree Brazil co-owners Carlos Wanzeler and Carlos Costa have been sentenced to twelve and a half years in prison. The pair have also been fined R$1 million ($183,698 USD) each. There’s a few TelexFree cases going on in Brazil, but I believe this is the Espirito Santo criminal case that emerged in 2017. Of note

Just over a week ago the TelexFree Trustee announced he was working on a Plan of Liquidation for filing. On May 6th the plan was filed, revealing what TelexFree victims can expect recovery wise. As at the time of the filing, the TelexFree Trustee is sitting on around $176 million. Here’s the split of that

Just under two weeks ago BehindMLM called out the TelexFree Trustee for failing to communicate with victims. Today the Trustee has finally provided an update on parallel IRS proceedings and distribution payments. In our April 19th article we cited the IRS’ $429 million dollar claim as a major risk to TelexFree victim claim distributions. In

Individually and through their D&L Trust, Linda and David Hackett stole over $1.2 million dollars from TelexFree victims. Over four years since clawback proceedings were filed against them, the Hacketts have settled with the TelexFree Trustee. Initially the Hacketts disputed the Trustee’s claims against them. They disagreed with how much the Trustee recorded they stole,

Although claim dispute filings continue to clog the TelexFree case docket, litigation between the Trustee and IRS is likely the reason no claim distributions have gone out. We’ve known about the IRS’ claims against the Trustee for a while, but today is the first time we examine the case and what it potentially means for

Just days after the Supreme Court rejected his citizenship appeal, Brazilian authorities have arrested Carlos Wanzeler. Things are moving far more quickly than anticipated. Wanzeler (right) was arrested on Thursday, during what appears to be a family visit to Rio de Janeiro. The Gazette quotes Wanzeler’s Brazilian lawyer, Rafael Lima, as stating Wanzeler was “surprised”

Carlos Wanzeler has lost his citizenship appeal, finally paving the way for extradition to the US. Wanzeler (right) is wanted in the US, over his co-ownership of the $3 billion dollar TelexFree Ponzi scheme. Wanzeler and his partner James Merrill were indicted on fraud and conspiracy charges in July 2014. Rather than face justice, Wanzeler

Federal police have launched an investigation into how Sann Rodrigues managed to flee Brazil in 2015. Like Carlos Wanzeler, after authorities in the US moved against TelexFree, Rodrigues fled to Brazil. At the time authorities in Brazil were conducting parallel investigations into TelexFree. Rodrigues, being the highest earner in the company, was naturally a person