Archive for April 19th, 2014

Now, Zeek- And AdSurfDaily-Like Petitions For TelexFree; Bankruptcy Judge Asked To ‘Bail Out’ MLM ‘Program’

Now, Zeek- And AdSurfDaily-Like Petitions For TelexFree; Bankruptcy Judge Asked To 'Bail Out' MLM 'Program'

On Monday, the PP Blog reported that TelexFree — through its bankruptcy filing Sunday in Nevada — was seeking to reject contracts with its promoters. Yesterday, Jordan Maglich of PonziTracker.com published a lengthy article under this headline: “TelexFree Asks Bankruptcy Court To Eliminate Promoter Obligations.” In between, the Massachusetts Securities Division described TelexFree as a […]