Archive for May 2nd, 2014

TelexFree Live Bankruptcy-Court Coverage By Jordan Maglich Of Ponzi Tracker

Jordan Maglich of PonziTracker is providing live coverage of today’s key TelexFree session in U.S. Bankruptcy Court in Nevada: 12:44 p.m. Hearing beginning: Click here. 1:07 p.m. PPBlog note: Based on Jordan’s reporting, it looks as though the U.S. Attorney’s office has filed civil and criminal forfeiture actions. This is similar to what happened in […]

DEVELOPING STORY: Reports Of TelexFree-Related Arrests In Dominican Republic

(2ND UPDATE 11:39 A.M. EDT U.S.A.) In the hours leading up to a key appearance by TelexFree in Bankruptcy Court in Nevada today, there are reports in Dominican media that a TelexFree-related police raid occurred in San Pedro de Macoris and that arrests were made. TelexFree is accused in the United States of operating a […]