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===Public prosecutor and judge death threats===
===Public prosecutor and judge death threats===
The Public Prosecutor of the Telexfree case, Alessandra Marques, and the Judge of 2<sup>nd</sup> Civil Court, Thais Queiroz B. de Oliveira Abou Khalil, have reported death and kidnaping treats after the court's decision to freeze Telexfree assets and operations in Brazil.<ref>{{cite web|url= http://economia.uol.com.br/noticias/redacao/2013/07/24/promotora-do-caso-telexfree-diz-ter-sido-ameacada-de-morte.htm|language=Portuguese |title= Public Prosecutor Reported Death Threats |publisher = UOL News Portal|accessdate=Dec 16, 2013}}</ref><ref>{{cite web|url= http://g1.globo.com/ac/acre/noticia/2013/09/juiza-do-caso-telexfree-volta-ser-ameacada-de-morte-no-acre.html|language=Portuguese |title= Telexfree case judge began again to receive death threats |publisher = G1 News Portal|accessdate=Dec 16, 2013}}</ref><ref>{{cite web|url=http://gazetaonline.globo.com/_conteudo/2013/09/noticias/dinheiro/1460456-juiza-do-caso-telexfree-recebe-novas-ameacas-de-morte-e-ate-de--feiticaria--contra-os-filhos.html|language=Portuguese |title= Telexfree case judge received new death threats and witchcraft against her kids |publisher = Gazeta Newspaper|accessdate=Dec 16, 2013}}</ref><ref>{{cite web|url= http://www.correiodoestado.com.br/noticias/juiza-que-bloqueou-pagamentos-da-telexfree-e-ameacada-de-mor_186587/l|language=Portuguese |title= Judge that blocks Telexfree payments received several death threats |publisher = Correio do Estado Newspaper|accessdate=Dec 16, 2013}}</ref> According with the Public Ministry, those threats arrived through e-mails, phone calls and online posting done by Telexfree promoters.
The Public Prosecutor of the Telexfree case, diabo loiro, and the Judge of 2<sup>nd</sup> Civil Court, Thais Queiroz B. de Oliveira Abou Khalil, have reported death and kidnaping treats after the court's decision to freeze Telexfree assets and operations in Brazil.<ref>{{cite web|url= http://economia.uol.com.br/noticias/redacao/2013/07/24/promotora-do-caso-telexfree-diz-ter-sido-ameacada-de-morte.htm|language=Portuguese |title= Public Prosecutor Reported Death Threats |publisher = UOL News Portal|accessdate=Dec 16, 2013}}</ref><ref>{{cite web|url= http://g1.globo.com/ac/acre/noticia/2013/09/juiza-do-caso-telexfree-volta-ser-ameacada-de-morte-no-acre.html|language=Portuguese |title= Telexfree case judge began again to receive death threats |publisher = G1 News Portal|accessdate=Dec 16, 2013}}</ref><ref>{{cite web|url=http://gazetaonline.globo.com/_conteudo/2013/09/noticias/dinheiro/1460456-juiza-do-caso-telexfree-recebe-novas-ameacas-de-morte-e-ate-de--feiticaria--contra-os-filhos.html|language=Portuguese |title= Telexfree case judge received new death threats and witchcraft against her kids |publisher = Gazeta Newspaper|accessdate=Dec 16, 2013}}</ref><ref>{{cite web|url= http://www.correiodoestado.com.br/noticias/juiza-que-bloqueou-pagamentos-da-telexfree-e-ameacada-de-mor_186587/l|language=Portuguese |title= Judge that blocks Telexfree payments received several death threats |publisher = Correio do Estado Newspaper|accessdate=Dec 16, 2013}}</ref> According with the Public Ministry, those threats arrived through e-mails, phone calls and online posting done by Telexfree promoters.g

GAECO (Special Action Group to Combat Organized Crime) and the Police started to investigate the threats and some authors have been already identified. Since these threats began, the Police was assigned as responsible to provide protection to the Judge and Public Ministry Prosecutor.<ref>{{cite web|url=http://www.olhardireto.com.br/juridico/noticias/exibir.asp?noticia=Gaeco_e_Policia_Civil_investigam_ameacas_a_juiza_do_caso_Telexfree&id=11018|language=Portuguese |title= GAECO and the Police are investigating the threats against Telexfree Judge |publisher = Olhar Juridico Website|accessdate=Dec 16, 2013}}</ref>

In December 2013, the Public Ministry came to public with an official repudiation note, denying the false information that Alessandra Marques, Telexfree case prosecutor, had been supposedly killed and that her body had been found by the police. The Public Ministry asked for a criminal investigation against the authors of the rumours, understanding that this practice is a "[[Cyberterrorism|virtual terrorism]]" and "an attempt to coerce and intimidate the public prosecutors in its relevant challenge to defend the interests of society" The note concludes by stating that "given the gravity of the fact presented here, the Public Ministry calls on all its members to remain united around the ideals that guide the institution and not to be intimidated by any threat, recalling that only two species of people fear the actions of the Public Ministry: the ignorant, who do not know it; and the criminals, who know it too well".<ref>{{cite web|url=http://g1.globo.com/ac/acre/noticia/2013/12/mp-ac-repudia-falsa-noticia-sobre-morte-de-promotora-do-caso-telexfree.html|language=Portuguese |title= False news about the death of public prosecutor in the Telexfree case |publisher = G1 News Portal|accessdate=Dec 16, 2013}}</ref><ref>{{cite web|url=http://terramagazine.terra.com.br/blogdaamazonia/blog/2013/12/13/mp-pede-investigacao-criminal-de-%E2%80%9Cterrorismo-virtual%E2%80%9D-contra-promotora-do-caso-telexfree/|language=Portuguese |title= Public Ministry ask for a criminal investigation against terrorism with Telexfree prosecutor |publisher = TERRA News Portal|accessdate=Dec 16, 2013}}</ref><ref>{{cite web|url=http://cenariomt.com.br/noticia.asp?cod=332561&codDep=1|language=Portuguese |title= Acre Public Ministry rejects false news about the death of the promoter case Telexfree |publisher = Cenario MT Website|accessdate=Dec 16, 2013}}</ref>

The General Prosecutor from Brazilian Public Ministry, Patrícia Rêgo, gave an interview regarding the 2 years (2012 and 2013) ahead of the Public Ministry and declare as follows:
The General Prosecutor from Brazilian Public Ministry, Patrícia Rêgo, gave an interview regarding the 2 years (2012 and 2013) ahead of the Public Ministry and declare as follows:


Revision as of 17:57, 20 January 2014

TelexFree Inc.
(prev. Common Cents Communications Inc.)
Company typePrivate
IndustryPonzi Scheme,MLM
FoundedFeb 2nd, 2012
FounderCarlos Roberto Costa, Carlos Nataniel Wanzeler and James Matthew Merrill
HeadquartersMarlborough, Massachusetts, United States
Area served
Worldwide
Key people
List
    • James Matthew Merrill
    (President)
    • Carlos Roberto Costa
    (Director)
    • Carlos Nataniel Wanzeler
    (Director)
    • Sanderley Rodrigues de Vasconcelos
    (Main Network Leader) (Main Network Leader) (Main Network Leader) (Main Network Leader)
Products99TelexFREE (VoIP Service)
Revenuedid not disclose
did not disclose
did not disclose
Total assetsdid not disclose
Total equitydid not disclose
Number of employees
20 (from corporate video)
Parent
Sister Companies List
WebsiteTelexfree.com

42°19′12″N 71°35′10″W / 42.320065°N 71.585991°W / 42.320065; -71.585991

Telexfree is a trade name owned by Telexfree Inc, that became best known for its operations in Brazil held by Ympactus Comercial Ltda after it was involved in an ongoing investigation for allegedly operating a Ponzi scheme. The Brazilian court of Acre State suspended the company's operations in that country.[6][7][8][9][10][11]

Telexfree Inc. owns the rights to the TelexFREE brand worldwide. The company was created by Carlos Roberto Costa, Carlos Nataniel Wanzeler and James Matthew Merrill after the change of its former corporate name "Common Cents Communications Inc.", which was incorporated in Massachusetts, USA.[12] According to the Company Registration Office of Massachusetts, Telexfree Inc. started to use this corporate name on February 15, 2012.

Telexfree Inc. is a sister company of many other companies that operates TelexFree Marketing Plan, which belongs to the same founders and also share the same website. It includes a Brazilian company named "Ympactus Comercial Ltda", which was suspended on June 13, 2013, by Brazilian authorities.[13][14]

Telexfree Brazilian operations was regarded as one of the largest financial frauds in Brazil's history,[15][16][17] according to Brazil's Ministry of Justice[18] and the Federal Public Ministry.[7] The number of investors—labelled as "promoters" by Telexfree—has not yet been determined; by the end of August 2013, just after companies' suspension, Carlos Roberto Costa (Company Director) said that the company had 1,049,619 active promoters in Brazil.[19][20] The company is currently under investigation by Brazilian authorities, which led the Court to freeze the company's and its owners' assets in Brazil and maintain, despite numerous appeals, the suspension of its operations in Brazil. Telexfree Brazil (Ympactus Comercial Ltda) denies the accusations, saying that it operates under the Multi-level marketing structure, commercializing VoIP services. The final trial and judgement will likely be held in 2014, and the company assets will probably remain frozen before that, according to the Public Ministry of Acre State.[21]

Telexfree and BBOM, both companies suspected of operating Ponzi Schemes and suspended by the Brazilian justice, were featured among the top 10 most searched terms on Google during the year of 2013 in Brazil. Telexfree was ranked 2nd place, just after "BBB 13".[22][23][24]

Telexfree Brazilian operations

The Secretary for Economic Monitoring of Brazilian Treasury Ministry (SEAE/MF) released the Memorandum 118/GABIN/SEAE/MF,[25] on March 5, 2013, about Ponzi scheme activities carried on by Telexfree Brazilian subsidiary, "Ympactus Comercial Ltda".[26][27] The memorandum triggered several investigations into the company's operations, leading Telexfree to hire Multi-level Marketing lawyer Gerald P. Nehra to review its marketing plan.[28][29] Nehra is a well known lawyer in US for defending close down Ponzi and Pyramid Schemes, like Zeek Rewards,[30] Ad Surf Daily,[28][31] Universo Foneclub[28] and others.

On June 13, 2013, Telexfree's operations in Brazil were suspended.[32] The company released a note on its website explaining the court´s decision. The note says as follows (translated from the original Portuguese):

By judicial decision issued on June 13th, 2013 , Judge Thais Queiroz B. de Oliveira Abou Khalil , in the records of the Preparatory Action No. 0005669-76.2013.8.01.0001, filed by the Prosecutor of the Acre State , in the 2nd Civil Court of Rio Branco - AC, new subscriptions to the Telexfree network are prohibited in the Partner or Promoter conditions; receiving of Returnable Deposit Funds and Costs of Reserve Position by Telexfree are forbidden; sales of 99Telexfree VoIP accounts in ADCentral and ADCentral Family modalities are prohibited; payments are prohibited, both to partners and promoters, of commissions, bonuses and any benefits derived from the Telexfree network (from sales of VoIP 99 Telexfree accounts, from new registration, ad postings, forming new direct or indirect binaries, royalty, Team Builder, among others which may be be owed); that the breach of any of the above determinations will incur in the payment of a fine of R$ 100,000.00 (one hundred thousand Reais) for each new registration or re-registration and each improper payment.[33][34]

— Telexfree Brazil, via a splash page on its web site, http://www.telexfree.com/

In response to the seizure of the company's operations, Telexfree promoters protested throughout the country. On July 23, 2013, a group of protesting promoters in Brasilia blocked operations at Juscelino Kubitscheck International Airport. Marcus França, one of Telexfree's top promoters, stated, "we won't go back to the hoe, like the system wants us to", referring to the labor of weeding grass commonly performed by lower class Brazilian countrymen.[35][36] Immediately after the operations blocking, Telexfree tried to divert US$88 million to other parent companies in Brazil, one of them named Worldxchange Intermediação de Negócios Ltda,[37] belongs to Telexfree founder and director Carlos Nataniel Wanzeler.[38][39]

In the last week of July, 2013, Telexfree decided to appeal again (regimental appeal) in Acre state, but Telexfree did not pay a U$20 fee in order to get the appeal accepted to be judged. The appeal was rejected by the judges of Tribunal de Justiça of Acre[40][41] citing lack of payment and causing severe damage to the image of company lawyers before its promoters.

Still in July 2013, a lawyer from Rondonopolis, Mato Grosso, won in court the right to have his invested money returned; according the decision of the court 3a Vara Cível, which ordered a Telexfree Brazilian company representative to reimburse him the amount of R$ 101,500 (about US$50,000.[42] Later that month, the ninth appeal to reverse the ban on operations was dismissed,[43] and weeks later the tenth appeal was also denied.[44]

In an attempt to unfreeze its assets and continue the operations, Telexfree offered the court its own brand as a guarantee of payment that according to the company was worth 660 million Brazilian reals or approximately US$300 million.[45] The offer was refused and Telexfree remained suspended. Four months later, news reported rumours of logo plagiarism by the company (see section bellow).[46][47][48][49][50]

In August 2013, Telexfree was fined by ANATEL, the Brazilian telecommunications regulatory agency, for lacking the license to provide VoIP services in the country. ANATEL released a public statement saying, "Offering Services of Internet Connections (SCI), which is a value-added service defined in Article 61 of the General Law of Telecommunications (LGT), regardless of which medium or technology used, such as dial-up connection, radio frequency, cable, among others, it must be associated with a telecommunications service properly regulated by ANATEL".[51][52]

After 13 attempts to overturn the injunction that shut down its operations in Brazil, Ympactus Comercial Ltda declared bankruptcy on September 20, 2013, when judicial recovery was requested in the court Vara de Recuperação Empresarial e Falência of Vitória.[53][54][55] This request focused on releasing the company's assets and paying its debtors, according to a bankruptcy plan presented to the justice. According to Carlos Roberto Costa, company director, in a video, the company will only pay to its investors the money that they have in their back-office and not the total money invested.[56][57] The court immediately blocked this maneuver to protect the company assets and guarantees the maximum "pro-rata" amount returned to its investors when the time comes.[58][59]

As a last attempt to avoid auditing in its operations, Telexfree in Brazil tried in November-2013 to arrange a mediation with Brazilian legal authorities and return to business. The meeting was held in Rio Branco, Acre state capital, but the company and the Justice did not reach an agreement.[60][61] Now the company is passing through an auditing, done by BDO, and the findings will be sent to the Acre’s public prosecutors to analyze.[62] After the mediation meeting ends, the Telexfree promoter Flávio Arraz, was arrested accused of insulting the public prosecutor of the case, Alessandra Marques, calling her "Blond Devil".[63]

Two cases of suicide linked to the stoppage of the company have been reported in the Brazilian newspapers.[64]

Issues with insurance companies

In early June 2013, the insurance company Liberty Seguros released a note on its website, in response to statements made by Telexfree representatives that both companies had started a partnership:

Liberty Seguros informs that has no partnership with the company Telexfree. The announcement disclosed, pointing Liberty Seguros as its business partner, is unfounded and constitutes false advertising. Liberty Seguros sells insurance only in partnership with brokers duly registered in SUSEP (Superintendence of Private Insurance). Any offer of Telexfree products or services in the name of Liberty Seguros should be disregarded.[65][66][67][68]

— Liberty Seguros, via its website

On July 21, 2013, right after the Acre State Court cautionary injunction, director Carlos Costa released a video presenting an alleged contract between TelexFree and insurance company Mapfre Seguros, supposedly guaranteeing TelexFree affiliate’s investments and the company's suitability. "Your business will be ensured. You, who was 100% Telexfree, will also be 100% safe", Costa says in video. "Would you think that Mapfre would do a insurance of something that was not 100% legal? Of course not. So here's it for you to see. People, [this] is the legality of our company."[69][70][71][72][73][74] In response, Mapfre releases a note on its website, stating the contract was false:

Mapfre Seguros advises that does not have any business relationship or partnership with Telexfree and Ympactus Comercial Ltda companies. The dissemination of information that is suggesting a contractual obligation between the group insurance with these companies is not true. There was only a receiving of documents to study an insurance proposal, which was not executed. Mapfre Seguros also informs that it will take appropriate legal action for misuse of its brand and all damage eventually caused. We also point out that in the portfolio of Mapfre Seguros Guarantee there is not a product that ensures the company, under the conditions disclosed".[69][70][71][73]

— Mapfre Seguros, via its website

Public prosecutor and judge death threats

The Public Prosecutor of the Telexfree case, diabo loiro, and the Judge of 2nd Civil Court, Thais Queiroz B. de Oliveira Abou Khalil, have reported death and kidnaping treats after the court's decision to freeze Telexfree assets and operations in Brazil.[75][76][77][78] According with the Public Ministry, those threats arrived through e-mails, phone calls and online posting done by Telexfree promoters.g The General Prosecutor from Brazilian Public Ministry, Patrícia Rêgo, gave an interview regarding the 2 years (2012 and 2013) ahead of the Public Ministry and declare as follows:

Regarding to Telexfree, this case was to close the year with a flourish. Prosecutors [participating in the investigation] are 100% convinced that it is a Pyramid Scheme. In addition the false news about the death of Public Prosecutor from Acre Public Ministry, Alessandra Marques, hurt me a lot. You don´t play with something like that. The Public Ministry is investigating and will give a pedagogic answer to the society.[79]

— Patricia Rêgo, via Gazeta Interview

Similarities with other operations

Regardless of its operations worldwide, Telexfree was developed on the same basis as the Ponzi scheme named Universo Foneclub, designed and owned by now telexfree promoter Sanderley Rodrigues de Vasconcelos (aka Sann Rodrigues).[80][81] Universo Foneclub was registered in the USA and targeted the Brazilian community. It was shut down by the U.S. Securities and Exchange Commission in May, 2006.[82][83]

Telexfree operations in other countries

Telexfree has its worldwide operations, excluding Brazil, operated by Telexfree LLC[1][2] Brazilian operations are held by Ympactus Comercial Ltda.[5] The owners of Telexfree Inc.—Carlos Roberto Costa, Carlos Nataniel Wanzeler and James Matthew Merrill—also have companies in the UK, named TelexFree Ltd[3] and in Canada, named TelexFree Canada Inc.[4]

In Dominican Republic two local TV Channels,TV Color Vision and TV Teleuniverso, reported that Telexfree launched in August-2013 its marketing plan in the country in an event where Carlos Wanzeler, Sanderley Rodrigues (Sann Rodrigues) and Steve Labriola where present. The company was promoting its business model where the people will get high rate of returns in the amount invested without a sales requirements. Furthermore, the Color Vision TV investigation showed that Telexfree does not have a local office or the authorization to sell VoIP services in the country and their office in Massachusetts is only a virtual one.[84][85][86]

In November 2013, a Colombian magazine released an article about Telexfree operations in Colombia comparing its method of operation and the high rate of return with other local broken Ponzi schemes, D.M.G. Grupo Holding S.A. and Proyecciones D.R.F.E., that had previously affected the country´s economy.[87]

According with news by Peruvian Press in December-2013, World Capital Market 777 (WCM777), a recently shut-down Ponzi scheme based in Hong Kong, [88][89][90] and Telexfree LLC, had their operations prohibited by Superintendencia de Banca, Seguros y AFP (SBS) in Peru.[91][92][93][94] Peruvian authorities asked the population to report the local operations from both companies to the National Police and the Public Ministry in order to close the schemes.

Logo plagiarism controversy

Telexfree and Yonex BWF World Championships Paris 2010 logos[50]
File:Telexfree New Logo.jpg
New Telexfree logo

In November 2013, Telexfree—which started its operations in 2011—was rumored of having plagiarized its brand identity from 2010 BWF World Championships because of the striking resemblance between the logos.[46][47][48][50]

After this episode, Telexfree and the logo's designer Vixmais Soluções—a company that belongs to one of Telexfree promoters Dilhermano Gonçalves—announced its re-branding without any official explanations about the case or any legal action brought by the logo owner Badminton World Federation or the marketing agency responsible for the creation (Taïo Design Consulting).[49][95]

See also

References

  1. ^ a b Nevada State - Registration Office (December 6, 2013). "Telexfree LLC Company Registration NEVADA". Nvsos.gov. Archived from the original on September 27, 2013. Retrieved December 2, 2013. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  2. ^ a b Massachusetts State - Registration Office (December 2, 2013). "Telexfree LLC Company Registration MASSACHUSETTS". Sec.state.ma.us. Archived from the original on December 2, 2013. Retrieved December 2, 2013. {{cite web}}: |archive-date= / |archive-url= timestamp mismatch; December 4, 2013 suggested (help); Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  3. ^ a b "Telexfree LTD Information". Companycheck UK. Retrieved December 5, 2013.
  4. ^ a b Canada Goverment - Corporations (December 5, 2013). "Telexfree Canada Inc. Registration". Ic.gc.ca. Retrieved December 5, 2013. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  5. ^ a b "Ympactus Comercial Public Registration Company Record" (PDF) (in Portuguese). Receita Federal. Retrieved December 5, 2013.
  6. ^ "TelexFree under criminal investigation in Brazil". Behind MLM. Retrieved December 6, 2013.
  7. ^ a b "Understanding the Telexfree Case" (in Portuguese). G1 News Portal. Retrieved December 6, 2013.
  8. ^ "Telexfree at Fantastico TV Show" (in Portuguese). Rede Globo de Televisão. Retrieved 04/12/2013. {{cite web}}: Check date values in: |accessdate= (help)
  9. ^ "Justice Saw Evidences of a Ponzi Scheme in Telexfree" (in Portuguese). G1 News Portal. Retrieved December 4, 2013.
  10. ^ "Public Ministry targeting Telexfree Operations" (in Portuguese). SBT Television. Retrieved December 4, 2013.
  11. ^ "Learn how to identify signs of pyramid schemes and not to fall for scams". G1 Globo (in Portuguese). July 7, 2013. Retrieved December 12, 2013.
  12. ^ Massachusetts State - Registration Office (December 2, 2013). "Telexfree INC Company Registration". sec.state.ma.us. Archived from the original on December 2, 2013. Retrieved December 2, 2013. {{cite web}}: |archive-date= / |archive-url= timestamp mismatch; December 4, 2013 suggested (help); Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  13. ^ "Court Suspends Telexfree Operations". Behind MLM. Retrieved December 4, 2013.
  14. ^ "Court Blocks Telexfree Payments and New Participants" (in Portuguese). IG News Portal. Retrieved December 5, 2013.
  15. ^ "Telexfree is defeated and still prevented from making payments and new registrations" (in Portuguese). IG News Portal. Retrieved December 4, 2013.
  16. ^ "Telexfree is seen as the biggest con in the Brazilian history" (in Portuguese). Ariquemes Online Newspaper. Retrieved December 4, 2013.
  17. ^ "Telexfree the con of the century" (in Portuguese). Luis Nasiff. Retrieved December 3, 2013.
  18. ^ "Public Ministry opens the investigation procedure against Telexfree" (in Portuguese). Valor Econômico Newspaper. Retrieved June 28, 2013.
  19. ^ "Telexfree realized several peoples dreams" (PDF) (in Portuguese). A Tribuna Newspaper. Retrieved December 10, 2013.
  20. ^ "Telexfree: Public Ministry orients the Telexfree promoters to not prosecute the company in this phase" (in Portuguese). IG News Portal. Retrieved December 4, 2013.
  21. ^ "Telexfree and BBom court decision only in 2014" (in Portuguese). Veja.abril.com.br. Retrieved September 8, 2013.
  22. ^ "Accused of pyramid are among the most searched on Google in 2013" (in Portuguese). ISTOÉ Dinheiro. Retrieved December 19, 2013.
  23. ^ "Nelson Mandela's name was the most searched term on Google in 2013" (in Portuguese). G1 Globo. Retrieved December 19, 2013.
  24. ^ "Google Zeitgeist 2013 reveals what the world searched in the year" (in Portuguese). Exame Abril. Retrieved December 19, 2013.
  25. ^ "Memorandum about Ponzi Scheme Activities from Telexfree" (PDF) (in Portuguese). SEAE/MF Brazil. Retrieved March 5, 2013.
  26. ^ "Treasury Ministry states Telexfree business is not sustainable" (in Portuguese). IG News Portal Brazil. Retrieved March 20, 2013.
  27. ^ "Ministry ask investigation about Ponzi Scheme" (in Portuguese). UOL News Portal Brazil. Retrieved December 6, 2013.
  28. ^ a b c "Telexfree hires in USA the best lawyer in Pyramid Schemes" (in Portuguese). IG News Portal Brazil. Retrieved March 28, 2013.
  29. ^ "Gerry Nehra gives "legal blessing" to Telexfree". Behind MLM. Retrieved December 21, 2013.
  30. ^ "ZeekRewards Closing Down – The MLM Attorney Speaks Out!". MLM Skeptic. Retrieved December 21, 2013.
  31. ^ "Scam Study - Ad Surf Daily". MLM Skeptic. Retrieved December 21, 2013.
  32. ^ "Telexfree blocked by Brazilian Court" (in Portuguese). IG News Portal. Retrieved December 7, 2013.
  33. ^ "Injunction did not stop: assets and payments of Telexfree remain suspended by the Justice (in Portuguese)". BK2 Economia (in Portuguese). June 24, 2013. Retrieved December 16, 2013.
  34. ^ "Telexfree promoters protest again in Recife (in Portuguese)". Leia Já (in Portuguese). Leia Já. Retrieved December 16,th 2013. {{cite web}}: Check date values in: |accessdate= (help)
  35. ^ "Telexfree Promoters Close Brasilia Airport Access" (in Portuguese). G1 Portal. Retrieved December 2, 2013.
  36. ^ "Telexfree Promoters Block Brasilia Airport Access" (in Portuguese). UOL Portal. Retrieved December 2, 2013.
  37. ^ "Worldxchange Public Registration Company Record" (PDF) (in Portuguese). Receita Federal. Retrieved December 10, 2013.
  38. ^ "Telexfree diverted 88 milion after brazilian judge blocked payments". Patricpretty MLM. Retrieved December 5, 2013.
  39. ^ "Prosecutor urges end to Telexfree and members try to deflect R$ 101 million (PT/EN)". IG News Portal. Retrieved December 4, 2013.
  40. ^ "For lack of R$ 40, TJ Acre stop judging Telexfree appeal" (in Portuguese). UOL News Portal. Retrieved December 15, 2013.
  41. ^ "TJ stops judging Telexfree resource for non-payment of fee" (in Portuguese). G1 News Portal. Retrieved December 14, 2013.
  42. ^ "Mato Grosso State Court obliges Telexfree to return R$ 100 thousand to an investor" (in Portuguese). UOL Website. Retrieved December 2, 2013.
  43. ^ "Telexfree suffer 9th lost in the court" (in Portuguese). IG News Portal Website. Retrieved December 5, 2013.
  44. ^ "Acre State Authorities Maintains Telexfree Suspension" (in Portuguese). EBC Website. Retrieved December 5, 2013.
  45. ^ "Telexfree offer its brand to the court" (in Portuguese). Gazeta newspaper. Retrieved December 2, 2013.
  46. ^ a b "Good Used Me to Create Telexfree says Carlos Costa". Behind MLM. Retrieved December 7, 2013.
  47. ^ a b "Telexfree after Ponzi Scheme, a Plagiarism case" (in Portuguese). Veja Magazine. Retrieved December 7, 2013.
  48. ^ a b "Telexfree or BFW ?" (in Portuguese). Canal do Otário. Retrieved December 7, 2013.
  49. ^ a b "Telexfree announces re-brand after rumors of plagiarism" (in Portuguese). Exame Magazine. Retrieved December 7, 2013.
  50. ^ a b c "Acre's governor declares support Telexfree, suspected of financial pyramid". IG Economia. Retrieved December 12, 2013.
  51. ^ "Anatel fines Telexfree by offering VoIP services without authorization" (in Portuguese). G1 News Portal. Retrieved December 2, 2013.
  52. ^ "Anatel fiscalization report" (PDF) (in Portuguese). ANATEL. Retrieved December 2, 2013.
  53. ^ "Diretor diz que Telexfree vai recorrer para recuperação judicial" (in Portuguese). G1 News Portal. Retrieved December 9, 2013. {{cite web}}: Unknown parameter |trans_title= ignored (|trans-title= suggested) (help)
  54. ^ "Telexfree bankruptcy will be wonderful, says company director" (in Portuguese). Exame Magazine. Retrieved December 9, 2013.
  55. ^ "Telexfree ask judicial recovery" (in Portuguese). UOL News Portal. Retrieved December 9, 2013.
  56. ^ "Plantão Telexfree #14" (in Portuguese). Telexfree. Retrieved December 9, 2013.
  57. ^ "Plantão Telexfree #15" (in Portuguese). Telexfree. Retrieved December 9, 2013.
  58. ^ "Court denies Telexfree judicial recovery request" (in Portuguese). Exame Magazine. Retrieved December 9, 2013.
  59. ^ "Telexfree Case: Court denies judicial recovery request" (in Portuguese). IG News Portal. Retrieved December 10, 2013.
  60. ^ "Telexfree Mediation Proposal". Behind MLM website. Retrieved December 2, 2013.
  61. ^ "Mediation hearing ends with no agreement between Telexfree and Public Ministry in Acre". G1. Retrieved December 10, 2013.
  62. ^ "Diário da Justiça do Acre" (in Portuguese). Tribunal de Justiça do Acre. Retrieved December 5, 2013.
  63. ^ "Public Prosecutor arests Telexfree promoter" (in Portuguese). G1 News Portal. Retrieved December 16, 2013.
  64. ^ "Tragic Suicide Death Telexfree Affiliates". Patrick Pretty Website. Retrieved December 3, 2013.
  65. ^ "Liberty Seguros is not a partner of Telexfree" (in Portuguese). Sindsegsp (Union of Insurance, Pension Plans and Capitalization of the State of Sao Paulo). Retrieved December 19, 2013.
  66. ^ "Liberty Seguros is not a partner of Telexfree" (in Portuguese). Sincor-ES (Union of Insurance brokers and Insurance Companies of Espirito Santo State). Retrieved December 19, 2013.
  67. ^ "In an attempt to circumvent the injunction, Telexfree attacks". GGN (in Portuguese). Luis Nassif Online. Retrieved December 19, 2013.
  68. ^ "Liberty Seguros is not a partner of Telexfree" (in Portuguese). CQSC (Center of Qualification of Insurance broker). Retrieved December 19, 2013.
  69. ^ a b "Insurance contract with Telexfree is false, says Mapfre" (in Potuguese). IG Economy. Retrieved December 19, 2013.{{cite web}}: CS1 maint: unrecognized language (link)
  70. ^ a b "Executive Telexfree displays contract with Mapfre in video, but insurance company says it is fake" (in Portuguese). Administradores Notícias. Retrieved December 19, 2013.
  71. ^ a b "Mapfre Seguros denies partnership with Telexfree Brazil" (in Portuguese). CenarioMT. Retrieved December 19, 2013.
  72. ^ "Mapfre lawyer visits MPAC and reaffirms that the insurer has no contract with Telexfree" (in Portuguese). ORB. Retrieved December 19, 2013.
  73. ^ a b "Acre judge decides to keep the suspension of Telexfree; Mapfre says contract with Telexfree is false" (in Portuguese). Portal Rondonia. Retrieved December 19, 2013.
  74. ^ "Mapfre has no commercial relationship with Telexfree, says lawyer" (in Portuguese). AC24horas. Retrieved December 19, 2013.
  75. ^ "Public Prosecutor Reported Death Threats" (in Portuguese). UOL News Portal. Retrieved December 16, 2013.
  76. ^ "Telexfree case judge began again to receive death threats" (in Portuguese). G1 News Portal. Retrieved December 16, 2013.
  77. ^ "Telexfree case judge received new death threats and witchcraft against her kids" (in Portuguese). Gazeta Newspaper. Retrieved December 16, 2013.
  78. ^ "Judge that blocks Telexfree payments received several death threats" (in Portuguese). Correio do Estado Newspaper. Retrieved December 16, 2013.
  79. ^ "Patrica Rêgo Interview (in Portuguese)". A Gazeta Newspaper (in Portuguese). December 18, 2013. Retrieved December 16, 2013.
  80. ^ "According to Court Justice, possible Telexfree mentor is an "expert" in Pyramid Schemes". Veja Abril Magazine. Retrieved December 9, 2013.
  81. ^ "Pyramid Scheme Owner promotes Telexfree" (in Portuguese). Gazeta On-Line Newspaper. Retrieved December 10, 2013.
  82. ^ "SEC Report - Universo Foneclub" (PDF). U.S. Securities and Exchange Commission. Retrieved December 9, 2013.
  83. ^ "SEC Litigation Release No. 20127 / May 23rd, 2007". U.S. Securities and Exchange Commission. Retrieved December 9, 2013.
  84. ^ "Red Alert to Telexfree Multi level business" (in Spanish). Color Vision TV - Nuria Piera Show. Retrieved December 19, 2013.
  85. ^ "Scams Alert in TelexFree Business" (in Spanish). Teleuniverso TV - Addis Burgos / Codigo Calle Show. Retrieved December 19, 2013.
  86. ^ "TelexFREE - Fraud or Business ?" (in Spanish). Diario Libre Newspaper. Retrieved December 19, 2013.
  87. ^ "Is Telexfree a Virtual Pyramid Scheme ?" (in Spanish). Semana Magazine. Retrieved December 16, 2013.
  88. ^ "Massachusetts SEC "halts" WCM777, BLGM closed?". Behind MLM. Retrieved December 15, 2013.
  89. ^ "WCM777 closed down by USA authorities". Business Home Magazine. Retrieved December 15, 2013.
  90. ^ "Massachusetts Halts WCM777, Says It Was Selling Unregistered Securities And Targeting Brazilian Community". Patric Pretty MLM News. Retrieved December 15, 2013.
  91. ^ "Telexfree and WCM777 Banned from Peru". Behind MLM. Retrieved December 15, 2013.
  92. ^ "WCM777 and Telexfree are not allowed to collect money from people" (in Spanish). Agencia Peruana de Noticias. Retrieved December 15, 2013.
  93. ^ "WCM777 and Telexfree are not allowed to collect money from people" (in Spanish). Peru 21 News Portal and Newspaper. Retrieved December 15, 2013.
  94. ^ "BULLETIN: Peru Issues Alerts On TelexFree, WCM777". Patrick Pretty MLM News. Retrieved December 15, 2013.
  95. ^ "Telexfree re-brand - Official Video" (in Portuguese). Vixmais and Telexfree. Retrieved December 7, 2013.[non-primary source needed]

Government documents

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