Archive for May 13th, 2014

Full Statement By SEC On U.S. Justice Department’s Filing Last Week Of Criminal Charges Against TelexFree Figures

U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 22992 / May 13, 2014 Securities and Exchange Commission v. TelexFree, Inc. et al., Civil Action No. 1:14-cv-11858-DJC (United States District Court for the District of Massachusetts) United States v. Carlos Nataniel Wanzeler and James Matthew Merrill, Case No. 14-MJ-4172-DHH (United States District Court for the District […]

Could NLRB Decision Deal Blow To MLM HYIP Stepfordland?

Could NLRB Decision Deal Blow To MLM HYIP Stepfordland?

EDITOR’S NOTE: This story is about a policy at a healthcare facility, not an MLM. Even so, some MLMs HYIPs seek to enforce positivity rules, a circumstance that drives robotic thinking, also known as Stepfordianism. __________________________ We’re thinking the uber-bizarre Banners Broker “program” here, but Banners Broker hardly is the only HYIP “opportunity” that reaches […]

Alleged TelexFree Promoter Hauled In Front Of TV Cameras In Uganda

Alleged TelexFree Promoter Hauled In Front Of TV Cameras In Uganda

A man asserted to be a promoter of at least three fraud schemes, including TelexFree, has been hauled in front of TV cameras in Uganda. The report below is from NTV Uganda. The embarrassing appearance of the suspect may raise the stakes for promoters of online fraud schemes and create even more disastrous PR for […]