BULLETIN: (Updated 12:27 p.m. EDT U.S.A.) A TelexFree-related police raid coordinated by prosecutors in the Dominican Republic has resulted in the seizure of cash, at least two weapons and computer (tablets) and phone equipment (smart phones), the Public Ministry says in a statement in Spanish.
The weapons were identified as a pistol and a shotgun.
Alleged TelexFree promoter Carlos Manuel Vanterpool Severino has been labeled a fugitive, according to the statement.
Five TelexFree-related raids occurred in San Pedro de Macoris, according to the statement. The raids appear to have taken place last week.
The total amount of seized cash was not immediately clear. A Google translation suggests it exceeded $10,000 U.S.
TelexFree is alleged in the United States to be a combined Ponzi- and pyramid scheme that gathered more than $1.2 billion.