A motion filed by the Trustee reveals around 29,000 TelexFree victims have still failed to provide payment information.
The Trustee puts down the failure to provide information to ‘geographical location, language barriers and relative lack of business sophistication’.
Here at BehindMLM we’ve had a steady stream of comments from TelexFree victims seeking help with the claims process (if you’re clicking the link, scroll down to the most recent comments).
To their credit, patient victims with claims are providing information to fellow victims seeking answers.
I don’t have access to the victim claim portal so I’m limited in what input I can provide.
A common theme seems to be non-response to enquiries from the Trustee.
To that end the Trustee states in his motion;
The liquidating Trustee and his agents have been responding to Participant inquiries on a continual basis, and the updated website provides an opportunity to submit a “ticket” for further assistance.
No idea when the claim portal website was updated, but hopefully that helps some of you out.
Looking forward, the Trustee’s March 9th motion seeks an extension for victims to provide payment information.
The requested extension is until July 12th, 2021.
The Trustee’s motion has yet to be granted but I don’t see any reason it won’t be.
Note this is the second extension motion, with $107 million waiting to be paid out.
I don’t know if there will be a third extension but at some point the cutoff date will be final.
If you’re a TelexFree victim with a valid claim having trouble providing payment information, this isn’t something you want to leave to the last minute.
Update 26th March 2021 – The Trustee’s requested extension was granted on March 25th.
TelexFree victims with a valid claim have until July 12th to submit payment information.