Plaintiff To TelexFree Crew: You’re All Crooks And Racketeers — And Carlos Costa Is The ‘Mastermind’

Carlos Costa

Carlos Costa

UPDATED 10:48 P.M. EDT U.S.A. A plaintiff bringing a prospective class-action lawsuit in Massachusetts federal court has accused 10 TelexFree figures of committing crimes and — as a group — committing racketeering violations through an “association-in-fact enterprise.”

Unlike other prospective TelexFree-related class-actions, this one names neither attorneys nor banks nor TelexFree itself defendants. Rather, it pins the onus of the conduct exclusively on James Merrill, Carlos Wanzeler, Steve Labriola, Joe Craft, Fabio Wanzeler, Sann Rodrigues, Santiago De La Rosa, Randy Crosby, Faith Sloan and Carlos Costa.

Costa, a Brazil-based TelexFree figure, is described in the complaint as the “mastermind of the TelexFree pyramid scheme of fraud.” The complaint further asserts Costa conducted business in Massachusetts, where TelexFree operated an entity known as TelexFree Inc.

Olavo F. Magalhaes of Milford, Mass., is the plaintiff. The complaint says Magalhaes invested more than $209,000 in TelexFree LLC, the Las Vegas-based TelexFree business that operated in a Massachusetts office suite.

The crimes alleged against the defendants include fraud, securities fraud, wire fraud and conspiracy. Violations of civil law also are alleged.

On the racketeering front, the complaint alleged, the members of the “association-in-fact enterprise” associated together between January 2012 and April 15, 2014, “for the purpose of conducting an illegal pyramid scheme and wrongfully enriched themselves” at the expense of Magalhaes and others.

“Each member of the enterprise played a role in the targeting of victims, advertising and working together to make the TelexFree enterprise work,” the complaint alleged.

Fabio Wanzeler is the brother of Carlos Wanzeler, an alleged international fugitive accused criminally by federal prosecutors of wire-fraud conspiracy in the United States. Carlos Wanzeler is believed to be in Brazil.

Fabio Wanzeler, formerly of Worcester, Mass., is believed also to be in Brazil, according to the Magalhaes complaint.

In other TelexFree news, a federal judge has denied a motion by Faith Sloan to make more than $15,000 available to her.

The SEC has accused Sloan of violating the asset freeze imposed against her in the case.

NOTE: Our thanks to the ASD Updates Blog.

 

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14 Responses to “Plaintiff To TelexFree Crew: You’re All Crooks And Racketeers — And Carlos Costa Is The ‘Mastermind’”

  1. Mastermind? He looks like a used car salesman….

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  2. He is not the mastermind. The mastermind is Sann Rodrigues. Then you have Wanzeler, Merril and Costa. Those 3 were placed as president/leaders by Sann so they can face jail instead of him.
    I’ve already explained the whole gang hierarchy in a previous post.

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  3. I don’t think there is one mastermind in this situation.
    They all brought a piece of the puzzle to the table and created a perfect storm for themselves.

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  4. write here again , please.

    <font><font>DMPontes</font></font>:
    Ele não é o cérebro. O mentor é Sann Rodrigues. Então você tem Wanzeler, Merril e Costa. Os 3 foram colocados como presidente / líderes por Sann para que possam enfrentar a prisão em vez dele.
    Eu já expliquei a hierarquia toda gangue em um post anterior.

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  5. Dorothy:
    I don’t think there is one mastermind in this situation.
    They all brought a piece of the puzzle to the table and created a perfect storm for themselves.

    You can’t deny the resemblance of TelexFree to Sann Rodrigues’ previous stint in front of the SEC: Universo FoneClub. Instead of phone cards (which may even have been supplied by Merrill/ Wanzeler duo, I honestly don’t know) Sann substituted VOIP. The Adcentral thing was cribbed from Ad Surf Daily and similar schemes.

    Well, I did suspect the same thing. This sort of thing don’t seem to be part of Merrill and Wanzeler’s background. They’re MLM, but they don’t seem to be pyramid/ponzi pimps. Sann Rodrigues, on the other hand…

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  6. http://t.co/GbZKi4uObN

    telegram.com

    Telexfree more victims

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  7. You all will be surprised, when we get back in BUSINESS.
    My name is Gustavo Magnus, I Am a Team Leader of a NETWORK with more than 100K people on it (That means I know what I talking about)
    Based on my own experience I can tell
    IT’S REAL!!! either you like it or not.

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  8. Gustavo Magnus: You all will be surprised, when we get back in BUSINESS.

    Now, that’s an understatement if I ever saw one.

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  9. lol……wacky scammers.

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  10. Since Telexfree was stopped in Brazil june 2013 with NO QUESTIONS ASKED, the Brazilian Judge order was to shutdown Telexfree and a fee of $100.000, if recruit or pay any member in Brazil, almost R$700 Million still blocked, a lot of things happened with the company, hearings after hearings with no solutions.

    But Telexfree kept moved forward in many other countries, until the administration made it’s first mistake changing the compensation plan without a teaching strategy on april 9th 2014 the same month the Lawer filed for CHAPTER 11.
    The Bankruptcy can help Telexfree in many opportunities to become even greater

    A lot of people are suffering in Brazil for over 1 year, the company tried to negotiate many times over, back in November 2013 Telexfree tried to pay back those who didn’t get their initial money, all negotiations denied.

    A lot of accusations, or who is what.
    Remind that behind all the illusion world created by the media, we are real people here, doing real business with a real product.
    The system works when you work.

    Don’t be surprise when you see promoters/associates talking more about the company, it’s our way to let you know the TRUTH, if wasn’t facebook and youtube, Telexfree had no chance to get at this point, it’s was the union that kept Telexfree moving forward.

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  11. Gustavo Magnus: You all will be surprised, when we get back in BUSINESS.

    Even Wanzeler flew home and stay hidden there. Who’s gonna get back “in business”? You?

    A visit to a psychiatrist may be required to cure this delusion of gradeur and wishful thinking. You seem to have the same sort problem as Carlos Costas.

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  12. I reiterate…….lol……wacky scammers.

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  13. Speaking of Costas, got a blurb in AruanaOnline, something about he’s claiming that PP office in Acre got some Peruvian to translate TelexFree US and the guy did it wrong?

    I guess he just needs some spin to fill the silence.

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  14. Fabio is running around Coconut Creek , Coral Spring Florida Area..He lives I a very nice home and Is driving a black new navigator and a red Ferrari “””‘He was last seen 2/15/2015

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