TelexFree @ BehindMLM

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.

Bank of America has prevailed in a filed motion for summary judgment against the TelexFree class-action Plaintiffs.

Several Defendants in the ongoing TelexFree class-action have entered mediation proceedings.

Following on from a 2017 judgement, James Merrill has now settled with the TelexFree Trustee.