Following suspicion that the house Fabio Wanzeler’s Florida house had been purchased with stolen TelexFree Ponzi funds, last December the DOJ requested a restraining order against the property.

The DOJ were concerned that if James Merrill and Carlos Wanzeler were convicted, steps might be taken to sell or transfer the property to obfuscate links to TelexFree.

Based on evidence submitted by the DOJ, a restraining order against the property.

The granted restraining order prohibits Carlos Wanzeler and his family from ‘removing, transferring, dissipating, alienating, encumbering or otherwise disposing’ of the Palm Beach property.

There is reasonable cause for entry of this order.

The (DOJ) have established probable cause that the Cape Delabra Court Property sought to be restrained would be subject to forfeiture to the United States upon the Defendants’ convictions.

The court further concludes that a Restraining Order is necessary to preserve the available of the Cape Delabra Court Property for forfeiture in the event of the Defendants’ convictions.

2017 hasn’t been a good year for Carlos Wanzeler so far. The arrest of one of his accomplices last month saw him lose over $20 million dollars.

Millions more remain unaccounted for but are believed to still be in the United States. It’s probably only a matter of time before the DOJ lock down those funds too.

James Merrill, Wanzeler’s co-conspirator in the Telexfree Ponzi scheme, is up for sentencing on March 2nd.

Stay tuned…

 

Footnote: Don@ASDUpdatesOur thanks to for providing a copy of Judge Hillman’s January 23rd Restraining Order.