Zeek Figures Wright-Olivares, Olivares Listed As Federal Prisoners
The landing spots for two key Zeek Rewards figures now are known. Former Zeek COO Dawn Wright-Olivares is listed as inmate 29336-058 at FMC Carswell in Fort Worth, Texas. The facility is a Federal Medical Center for female offenders and has an adjacent minimum security satellite camp, according to the Federal Bureau of Prisons website. […]
BULLETIN: Feds Make Another TelexFree Arrest, Find $20 Million Hidden In Box Spring
BULLETIN: Federal authorities have arrested a man and have found $20 million allegedly linked to TelexFree in a box spring in an apartment in Westborough, Mass. Agents have seized the cash and charged Cleber Rene Rizerio Rocha, 28, with conspiring to commit money-laundering. Rocha may be a Brazilian national with ties to a nephew of TelexFree […]
URGENT >> BULLETIN >> MOVING: Judge Begins Process Of Ordering Judgments Against Zeek Net Winners; Millions Awarded So Far, Millions More Pending
URGENT >> BULLETIN >> MOVING: At long last, there is a spectacular crack in the ceiling of MLM HYIP Ponzi Land! Senior U.S. District Judge Graham C. Mullen of the Western District of North Carolina has begun the process of ordering judgments against Zeek Rewards’ winners sued by receiver Kenneth D. Bell, according to the docket of […]
BehindMLM.com Expects Accessibility Issue To Be Resolved Dec. 10
We’ve received inquiries about why some readers have not been able to access BehindMLM.com. Oz, the editor there, has reported on the site that the ETA for a fix is Dec. 10. Hosting issues began several days ago. Although not all readers have been able to access the site, Oz has posted some updates on […]
TelexFree Trustee Hopes Merrill’s Guilty Plea And Sentencing Will Spark More Claims; Darr Asks Judge To Extend Filing Deadline Until March
UPDATED DEC. 22, 2016: The court has extended the claims deadline until March 15, 2017. Earlier story below . . . ** _____________** With the Dec. 31 filing deadline for TelexFree claims fast approaching, court-appointed Trustee Stephen B. Darr has asked the court to extend the deadline until March 15, 2017. Chief Bankruptcy Judge Melvin […]
MyAdvertisingPays Claims $60 Million Theft At Hands Of VX Gateway, A Payment Processor
In a 23-page lawsuit filed Dec. 1 in federal court for the Southern District of Texas, the MyAdvertisingPays “program” claims it has been ripped off to the tune of $60 million by VX Gateway, a payment processor with alleged business divisions in Texas, Panama and the United Kingdom. The complaint does not say whether MyAdvertisingPays has reported the […]
Fake News Could Have Triggered Tragedy At Pizza Shop In Nation’s Capital
Fake news designed to confirm biases is one of the things that props up MLM HYIP scams. Now, such false reports have entered the political realm. Edgar Maddison Welch, 28, of Salisbury, N.C., was arrested yesterday in Washington, D.C., on charges of assault with a deadly weapon. Police say he fired a shot inside a pizza […]
Bogus Magazine Cover Depicts Alleged Ponzi Schemer Charles Scoville Of Traffic Monsoon As 2016’s Best CEO
DISCLOSURE: The PP Blog is a Google publisher. A bogus cover of Forbes magazine circulating on Facebook depicts SEC Ponzi defendant Charles Scoville of Traffic Monsoon as the “BEST” CEO of 2016 — all while misspelling his last name. The image, which falsely showcases the Forbes’ issue as a “LIMITED EDITION,” appears today on the […]
In Immigration Fraud Case, TelexFree Figure Sann Rodrigues Sentenced To Time Served And 2 Years’ Supervised Release
UPDATED 1:56 P.M. ET U.S.A. TelexFree figure Sann Rodrigues could have been sentenced to 10 years for immigration fraud. Instead, he was sentenced yesterday to time served. The office of U.S. Attorney Carmen Ortiz of the District of Massachusetts said early this afternoon that Rodrigues ended up spending 57 days behind bars after his May […]
Merrill’s U.S. Plea Requires Him To Cooperate With Brazilian Federal Police
If Brazil’s Federal Police wish to ask him about TelexFree’s involvement in wire fraud and an underlying conspiracy, James Merrill is required to provide a “complete and truthful proffer,” according to the terms of his plea agreement with U.S. prosecutors in Massachusetts. Merrill, 55, of Ashland, Mass., also is required to cooperate with U.S. agencies that […]
James Merrill, TelexFree’s President, Pleads Guilty
3RD UPDATE 2:56 P.M. EDT OCT 25 U.S.A. James Merrill, the president of TelexFree, has pleaded guilty to eight counts of wire fraud and one count of conspiracy in Massachusetts federal court. Merrill, 55, of Ashland, Mass., is scheduled to be sentenced in February. “The significance of a guilty plea in a case of this magnitude cannot […]