URGENT >> BULLETIN >> MOVING: Chief U.S. Bankruptcy Judge Melvin S. Hoffman of the District of Massachusetts has ruled TelexFree a Ponzi and pyramid scheme. It is the first such ruling by a U.S. Court and was issued on Thanksgiving Eve.
The ruling was requested on Oct. 7 by Stephen B. Darr, the court-appointed TelexFree trustee.
Read the ruling. More later . . .