Archive for June 17th, 2014

BULLETIN: Judge Frees TelexFree Figure James Merrill On Bail, But Imposes Tight Restrictions

BULLETIN: Judge Frees TelexFree Figure James Merrill On Bail, But Imposes Tight Restrictions

BULLETIN: (3rd Update 5:56 p.m. EDT U.S.A.) A federal judge in Massachusetts has permitted TelexFree figure James Merrill to be freed on bail, but has imposed tight restrictions. In granting Merrill bail, U.S. District Judge Timothy S. Hillman overruled U.S. Magistrate Judge David Hennessy, who agreed with federal prosecutors and ruled last month that Merrill […]

MONTANA: Former Zeek Pitchman Who Also Pushed TelexFree Now Required To Give State Notice Of MLM Activities

MONTANA: Former Zeek Pitchman Who Also Pushed TelexFree Now Required To Give State Notice Of MLM Activities

A former pitchman for the Zeek Rewards MLM Ponzi- and pyramid scheme also acknowledged he participated in TelexFree, the state of Montana said in a consent agreement and final order. James D. Helgeson was fined $5,000 by the office of Monica Lindeen, Montana‚Äôs Commissioner of Securities and Insurance (CSI) and state auditor. The case demonstrates […]