Tag: TelexFree protests
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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…
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REPORT: TelexFree Diverted $88 Million After Brazilian Judge Blocked Payments
UPDATED 1:04 P.M. (JULY 5, U.S.A.) Quoting a prosecutor, the website of iG — a Brazilian communications provider — is reporting that the TelexFree MLM “program” allegedly diverted $88 million after a judge in the state of Acre blocked payments as a pyramid-scheme probe got under way last month. TelexFree also operates in the United…