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Tag: Wings Network

  • DISTURBING: Report Of TelexFree-Related Kidnapping And Extortion Bid

    La Republica, a newspaper in Peru, is citing information from police and reporting that a TelexFree promoter in the country was kidnapped Thursday afternoon and held in a van. The PP Blog cannot independently verify the report, which suggests the kidnapping was carried out by TelexFree members who ordered the man to withdraw money from…

  • URGENT >> BULLETIN >> MOVING: ‘Wings Network’ And Alleged Promoters Charged

    URGENT >> BULLETIN >> MOVING: (16th Update 12:27 p.m. EDT U.S.A.) “Wings Network,” an MLM “program” in part targeted at TelexFree participants, has been charged in Massachusetts with operating a pyramid scheme and selling unregistered securities as investment contracts as part of a securities-fraud scheme. Several individual promoters or alleged recipients of fraud-scheme proceeds were…

  • BOSTON GLOBE: Massachusetts Issues Subpoena To Wings Network ‘Program’

    3rd Update 12:58 P.M. EDT U.S.A. The office of Massachusetts Commonwealth Secretary William Galvin has issued a subpoena to Wings Network, the Boston Globe is reporting. From the Globe (italics added): “We attended one of their events,’’ Galvin said. “We had heard from some investors who, in light of TelexFree, had become concerned — and…