Archive for June 12th, 2014

BULLETIN: SEC Accuses Faith Sloan Of Violating Asset Freeze In TelexFree Case By Sending Thousands To ‘Changes Worldwide LLC,’ Company That Lists Zeek Figure Robert Craddock As Copyright Enforcer

BULLETIN: SEC Accuses Faith Sloan Of Violating Asset Freeze In TelexFree Case By Sending Thousands To 'Changes Worldwide LLC,' Company That Lists Zeek Figure Robert Craddock As Copyright Enforcer

BULLETIN: (4th Update 10:01 a.m. EDT June 13 U.S.A.) The SEC has accused Faith Sloan of violating the asset freeze imposed against her in the TelexFree pyramid- and Ponzi case by sending nearly $15,000 to Changes Worldwide LLC for the purchase of “business promo packs.” On its website, Changes Worldwide identifies Robert Craddock as its […]

Solavei, An MLM Telecom Company In Space TelexFree Wants To Occupy, Declares Bankruptcy Less Than 2 Years After Debut; Competing Affiliates Try To Poach Recruits

Solavei, An MLM Telecom Company In Space TelexFree Wants To Occupy, Declares Bankruptcy Less Than 2 Years After Debut; Competing Affiliates Try To Poach Recruits

UPDATED 6:07 P.M. EDT U.S.A. In yet another bizarre development in the world of MLM, a company that competes in a space TelexFree said it wants to occupy has declared bankruptcy less than two years after its formal launch. As though on Stepfordland cue, competing MLMers started trawling the Internet for the carcasses of potentially […]

TelexFree A No-Show At Alabama Hearing; Litigation Involving Firm Piles Up

TelexFree A No-Show At Alabama Hearing; Litigation Involving Firm Piles Up

UPDATED 12:25 P.M. EDT U.S.A. Immersed in litigation on at least 10 fronts in the United States while also confronting licensing challenges and asset freezes, TelexFree did not appear last month at a hearing it requested to consider its telecom application before the Alabama Public Service Commission. As things stand, the company is not authorized […]