Writing And Branding

URGENT >> BULLETIN >> MOVING: SEC Enters TelexFree Nevada Bankruptcy Fray — Plus Confirmation That U.S. Attorney’s Office Part Of Probe

URGENT >> BULLETIN >> MOVING: SEC Enters TelexFree Nevada Bankruptcy Fray -- Plus Confirmation That U.S. Attorney's Office Part Of Probe

URGENT >> BULLETIN >> MOVING: (Updated 6:24 P.M. EDT U.S.A.) The U.S. Securities and Exchange Commission has entered the TelexFree fray in Nevada Bankruptcy Court and has petitioned the judge to transfer the case to Bankruptcy Court in the Central District of Massachusetts, an area that is a potential TelexFree stronghold. The Central District covers […]

Alleged TelexFree MLM Ponzi Scheme May Have Polluted Money Flow To Vendors, Contractors AND The Government At Hundreds Of Thousands Of Contact Points

Alleged TelexFree MLM Ponzi Scheme May Have Polluted Money Flow To Vendors, Contractors AND The Government At Hundreds Of Thousands Of Contact Points

Virtually no one was safe from the TelexFree MLM financial menace, documents suggest. Not even the government. How far and deep did the alleged TelexFree fraud pollution flow? The answer remains unclear a week after Ponzi- and pyramid allegations were filed against the enterprise, but documents suggest pollution at hundreds of thousands of points of […]

Now, Zeek- And AdSurfDaily-Like Petitions For TelexFree; Bankruptcy Judge Asked To ‘Bail Out’ MLM ‘Program’

Now, Zeek- And AdSurfDaily-Like Petitions For TelexFree; Bankruptcy Judge Asked To 'Bail Out' MLM 'Program'

On Monday, the PP Blog reported that TelexFree — through its bankruptcy filing Sunday in Nevada — was seeking to reject contracts with its promoters. Yesterday, Jordan Maglich of PonziTracker.com published a lengthy article under this headline: “TelexFree Asks Bankruptcy Court To Eliminate Promoter Obligations.” In between, the Massachusetts Securities Division described TelexFree as a […]

TelexFree, Allegedly One Of The Largest Ponzi Schemes In History, Says State And Federal Actions Against It ‘Precipitous And Unnecessary’

TelexFree, Allegedly One Of The Largest Ponzi Schemes In History, Says State And Federal Actions Against It 'Precipitous And Unnecessary'

Effectively having been accused of rivaling Scott Rothstein’s epic Ponzi scheme, TelexFree issued a statement this afternoon that calls the government actions against it “precipitous and unnecessary.” Rothstein’s Florida-based Ponzi scheme collapsed in 2009. It gathered about $1.2 billion before toppling, and is one of the largest Ponzi schemes in U.S. history. On Tuesday, Massachusetts […]

URGENT >> BULLETIN >> MOVING: TelexFree Says It Has Filed For Bankruptcy In United States; Uganda’s Central Bank Issues Fraud Warning

URGENT >> BULLETIN >> MOVING: TelexFree Says It Has Filed For Bankruptcy In United States; Uganda's Central Bank Issues Fraud Warning

URGENT >> BULLETIN >> MOVING: (6th update 2:36 p.m. EDT U.S.A.) TelexFree LLC and “certain of its subsidiaries and affiliates” have filed for bankruptcy in Nevada, the firm said in a statement this morning. In its statement, the company did not directly identify the other TelexFree firms involved in the filing. A link in the […]

SEC: Yet Another Social Media Fraud Scheme; Hawaii Woman Charged

SEC: Yet Another Social Media Fraud Scheme; Hawaii Woman Charged

On the same day the SEC announced a civil and criminal prosecution of alleged Florida-based scammers using YouTube to fleece the masses in a Ponzi scheme, it announced it had charged a Honolulu woman who allegedly engineered two fraud schemes through promotions on her own website and Twitter, Facebook and Skype. Keiko Kawamura’s scams featured […]

TelexFree, An Alleged Pyramid Scheme, Promotes Itself During Probes By Wrapping Logos Of Local Fox, CBS, ABC, NBC Affiliates Into Video

TelexFree, An Alleged Pyramid Scheme, Promotes Itself During Probes By Wrapping Logos Of Local Fox, CBS, ABC, NBC Affiliates Into Video

In this article: In its role as a watchdog for consumers, the FTC has sued third-party companies and individuals who have published the logos of prominent news agencies and falsely traded on their trusted identities to sanitize a purported product or opportunity. (See screen shot of Evidence Exhibit from one FTC case below.) In a […]

TelexFree’s Name Appears In Federal Court Filings In The SEC’s Pyramid And Ponzi Case Against WCM777

TelexFree's Name Appears In Federal Court Filings In The SEC's Pyramid And Ponzi Case Against WCM777

UPDATED 8:51 P.M. EDT (U.S.A.) Already under investigation in Massachusetts, is TelexFree destined to encounter trouble from state regulators in California and perhaps the U.S. Securities and Exchange Commission (SEC)? At least by Nov. 14, 2013, the California Department of Business Oversight (DBO) was asking questions about the TelexFree MLM scheme, according to filings in […]

EDITORIAL: Uproar In TelexFree’s Billion-Dollar Broom Closet

EDITORIAL: Uproar In TelexFree's Billion-Dollar Broom Closet

UPDATED 12:15 P.M. EDT (U.S.A.) The Boston Red Sox were at the White House Tuesday to receive recognition for winning the 2013 World Series. There were plenty of smiling faces, perhaps particularly when slugger David Ortiz, the MVP of the series, posed for a selfie with President Obama. But back home in Massachusetts, particularly in […]

BULLETIN: Federal Judge Freezes At Least 54 Bank/Vendor Accounts Linked By SEC To Alleged WCM777 Ponzi/Pyramid That Targeted Asians And Latinos; Court Authorizes Saturday Depositions And Orders Protection Of Records And Assets To Be Repatriated

BULLETIN: Federal Judge Freezes At Least 54 Bank/Vendor Accounts Linked By SEC To Alleged WCM777 Ponzi/Pyramid That Targeted Asians And Latinos; Court Authorizes Saturday Depositions And Orders Protection Of Records And Assets To Be Repatriated

BULLETIN: What happens if it is alleged by law enforcement that you’re a Ponzi schemer/affinity fraudster, a business associate of a Ponzi schemer/affinity fraudster or a vendor of a Ponzi schemer/affinity fraudster? A federal judge has frozen at least 54 bank or financial accounts the SEC has linked to WCM777, an alleged $65 million Ponzi- […]

AFRICAN NATION NOT ON MLM FIRM’S ‘RADAR’: TelexFree Pushes Back On Reports In African Media Of Rwanda Ban And Money-Laundering: ‘Mistaken Identity’

AFRICAN NATION NOT ON MLM FIRM'S 'RADAR': TelexFree Pushes Back On Reports In African Media Of Rwanda Ban And Money-Laundering: 'Mistaken Identity'

UPDATED 8:45 PM EDT (U.S.A.) Already under investigation in Brazil and Massachusetts and linked to at least one affiliate allegedly involved in an earlier pyramid- and affinity-fraud scheme aimed at the Brazilian community, TelexFree acknowledged in a news release this morning that it had a presence in the economically challenged nation of Rwanda. But TelexFree […]