TelexFree @ BehindMLM

Vantage Payments and owner Dustin Sparman have prevailed against a former TelexFree class-action Plaintiff. Furthermore, the court’s October 30th dismissal order raises questions about the validity of prior judgments.

Final judgment has been handed down against three defendants in the ongoing TelexFree class-action. On August 7th Judge Gorton issued a non-descript summary judgment order. On August 27th Judge Gorton issued an order “in favor of the Estate of Jeffrey Babener, Steven Labriola, Nehra Law Office, Gerald Nerha (individually) and Gerald P. Nehra Attorney at [Continue reading…]

The long-running TelexFree class-action has been denied class certification. The April 8th decision is a massive stumbling block in the case, originally filed back in October 2014.

Katia Wanzeler has reached a settlement with the TelexFree Trustee.

Over a decade since the shutdown of TelexFree, a group of TelexFree net-winners have settled with the court-appointed Trustee.

TelexFree attorney Gerry Nehra has settled with the TelexFree class-action. Nehra, through the now defunct firm Nehra and Waak, is best known in the MLM industry for rubber-stamping TelexFree’s $3 billion Ponzi scheme.

TelexFree executive Steven Labriola has settled with the TelexFree class-action. As per the terms of Labriola’s settlement, no money will change hands but Labriola has committed to full cooperation.

Despite efforts from the US, Brazil is doing its best to ensure TelexFree co-founder Carlos Wanzeler escapes punishment.

In a bid to secure an early end to his probation, James Merrill claims he regret[s] with all my heart ever being associated with the former business partners, business and entire situation that led to my incarceration. Merrill’s letter to the court also provides additional context to his post-sentencing life.

International Payout Systems (i-Payout), TD Bank and Telecom Logic have reached a settlement with the ongoing TelexFree class-action.