SporTV Video Shows That TelexFree, An Alleged Pyramid Scheme, Is Using A Shared Office Facility In Massachusetts With At Least 25 Other Firms
UPDATED 9:21 A.M. ET (FEB. 22, 2014 U.S.A.) As the PP Blog reported on July 4, 2013, TelexFree is using a shared office facility in Marlborough, Mass. Promoters of TelexFree, alleged in Brazil to be a massive pyramid scheme that may be using a VOIP product as a front, have shown photos of TelexFree President […]
REPORTS: Now, A TelexFree-Related Hunger Strike; Man Locks Himself In Chains In State Of Acre, Site Of Pyramid-Scheme Probe
UPDATED 4:07 P.M. ET (JAN. 17, USA) Globo.com is reporting that the hunger strike has ended — after nearly 42 hours. See note/links in Comments thread. Our original brief is below . . . The URLs below are from various media sites in Brazil that are reporting on a hunger strike staged by a TelexFree […]
REPORTS: Alleged Criminality At WCM777; Government Of Peru Shuts Down Office
UPDATED 11:39 P.M. ET U.S.A. There are reports today in Peruvian media that the government of Peru has shut down an office of the purported WCM777 “opportunity” and that criminality occurred. It is unclear from early reports whether arrests were made. See story in Spanish at LaRepublica.pe. See English translation by Google Translate. The regulatory […]
REPORT: Flap Over TelexFree Soccer Club Deal Deepens; Botafogo’s Main Sponsor Reportedly Does Not Want Its Name Associated With Alleged Pyramid Scheme
MLM’s HYIP wing appears to have triggered another PR disaster for the trade: Guaraviton, a longtime sponsor of the Botafogo soccer club in Rio de Janeiro, may be none too pleased with the club’s deal that brought on TelexFree as a No. 2 sponsor. TelexFree is under investigation in Brazil, amid allegations it is a […]
URGENT >> BULLETIN >> MOVING: Justice Department Sues Four Oaks Bank, Says It Turned Blind Eye To Red Flags At Rex Venture Group, Operator Of Zeek Rewards
URGENT >> BULLETIN >> MOVING: (4th Update 5:14 p.m. ET U.S.A.) The U.S. Department of Justice has sued North Carolina-based Four Oaks Bank, alleging that it turned a blind eye to fraud markers at Rex Venture Group LLC and processed “close to $60 million in ACH transactions in furtherance of the illegal scheme.” Rex Venture […]
With Carlos Costa Gesticulating Wildly, TelexFree, An Alleged Pyramid Scheme, Says It’s Now A Soccer Benefactor
What do you do when a Brazilian court freezes money and blocks new registrations for your “program” in that country, amid serious pyramid-scheme allegations? Well, if you’re TelexFree, you file losing appeal after losing appeal. And then, while continuing the pyramid battle, you change your logo so no one can get the idea you ripped […]
Purported ‘Sovereign Citizen’ Arrested After 80-Minute Standoff, Colorado Springs Police Say
Adrian Marion Hill, a purported “sovereign citizen,” was arrested early today after a standoff with Colorado Springs police, the department announced on its Facebook and Twitter sites. Hill is 45. Also arrested at the scene was Patricia Labarge, 27, the department said. The incident began with a traffic stop at about 1:30 a.m. local time, […]
MORE TELEXFREE DISCONNECT: Columnist At Jornal.US News Service Reports That TelexFree Promoters Are Being Coached On Using Proxies And Supplying Bogus Info To Register
A columnist at Jornal.US News Service is reporting in Portuguese that TelexFree members are receiving instructions on how to register for the “program” by using location-masking proxies and bogus information on their countries of residence. Here is the English translation by Google Translate. TelexFree has been the subject of a pyramid-scheme probe in Brazil since […]
SPECIAL REPORT: Attorney Linked To Zeek’s Wright-Olivares Has Record Of Disbarment And Suspensions; Possible Co-Agent Spent Time In Federal Prison For Credit-Card Swindle And Was Charged In Arkansas With Theft And Making False Statements To Securities Commissioner; Corporate Registrations Of 2 Firms Linked To Zeek COO And Purported Marketing Maven Revoked
SPECIAL REPORT: (Updated 5:48 a.m. Jan. 7, U.S.A.) N. Donald Jenkins Jr., an Arkansas attorney listed as a registered agent for Wandering Phoenix LLC, a firm federal prosecutors have linked to Zeek Rewards’ figure Dawn Wright-Olivares, was ordered disbarred on May 30, 2013, records show. He thrice previously was ordered suspended from the practice of […]
From Zeek To ‘The Healthy Hog’
EDITOR’S NOTE: A “razorback” is a wild (feral) hog present in certain U.S. states, including Arkansas. The University of Arkansas calls its sports teams the “Razorbacks.” Zeek Rewards Ponzi-scheme figure Dawn Wright-Olivares, an Arkansas resident, recently opened a Clarksville restaurant called “The Healthy Hog.” Though the words “healthy” and “hog” may appear to be in […]