TelexFree fined for acting in “bad faith”
There’s been somewhat of an ongoing dance taking place between TelexFree and the Brazilian court system.
TelexFree will typically make an announcement either on Facebook or YouTube about how they will undoubtedly crush anyone who opposes them with some new legal angle they are sure cannot fail.
After the courts bitchslap the company back into reality, another video or announcement appears, typically proclaiming the defeat as an overwhelming success or revealing a new ploy that, this time, will finally crush anyone who opposes them and also cannot fail.
This is pretty much how TelexFree’s communication to its affiliates has played out ever since Acre suspended the company’s Brazilian operations back in June.
Now, after some fifteen plus TelexFree appeals have been denied in various Brazilian courts, it appears that finally the Judge handling the Acre case might have had enough.
After declaring to world that “God used him to create TelexFree“, part company owner Carlos Costa appeared in another video surrounded by stacks of books:
Trying his best to look academic and convince TelexFree’s investors that he knew what he was talking about, Costa ranted on about how having lots and lots of books meant TelexFree wasn’t a Ponzi scheme.
Yeah, I’m not even going to try to dissect the logic fail there – but that’s pretty much the tone of TelexFree’s legal arguments these days.
Anyway, not impressed with Costa’s continued attempts to portray an alternative reality to TelexFree’s affiliates (who then parrot his misinformation to the rest of the world), Judge Thais Borges declared TelexFree’s latest appeal attempt was conducted in “bad faith”.
The appeal in question appears to be an appeal of an earlier decision made on yet another appeal TelexFree had filed. I have no idea what number appeal we’re up to now, but if I had to guess I’d say we hit the twenties not too long ago.
The original appeal was filed as a “motion to clarify”, which I believe pertains to the Acre injunction that prohibits TelexFree from recruiting new or paying out existing affiliate investors in Brazil.
TelexFree had initially argued that the injunction was invalid in their first “motion to clarify” appeal, but this was rejected by the court.
The second motion to clarify accused the first decision of being “silent and obscure”. Silent because the company claims there is a “lack of legal provisions” evident in the injunction decision, and obscure because ‘the sale of VOIP services was never banned‘ by the court.
TelexFree argue that they should still be able to sell VOIP services, but can’t because of their assets have been frozen. The company claims that because the injunction doesn’t instruct them on how they can continue to sell VOIP services despite the asset freeze, that the injunction should be overturned.
I suppose they might have a point with the “obscure” claim, but TelexFree never really sold VOIP services – so it’s a moot point to make.
Denying TelexFree’s second appeal in this matter, Judge Borges ruled that, while the courts did indeed not ban the sale of VOIP services by TelexFree, the courts never offered to provide TelexFree “solutions” to the “obstacles” it is now facing. As such there is “no reason” (basis) to claim there have been contradictions in legal decisions that have gone against TelexFree.
As for a lack of “legal provisions” behind the injunction, for some reason TelexFree had to have it pointed out to them that legal rulings are not made willy nilly – but entirely within the framework of the Brazilian legal system.
On both accounts Judge Borges dismissed TelexFree’s second “motion to clarify” appeal, ruling that it was filed with a “clear intent to procrastinate”.
Judge Borges went on to state that TelexFree was guilty of acting in “bad faith”, by ‘repeatedly filing unfounded litigation with the aim of procrastination’. For their efforts to delay the case, TelexFree were fined 1% of the relief claim they made in their motion, which amounted to R$10,000 ($4200 USD).
Judge Borges has also requested TelexFree hand over all the data it claimed was in Carlos Costa’s YouTube video books, ‘data relating to the registration and operation of the accounts of each of the affiliates, posted by the company (on YouTube), including twelve months of retroactive data‘, within ten days.
Of note is the explicit order that TelexFree comply with this request, irrespective of any holidays that fall within the ten-day period (Christmas and New Years).
Considering the peculiarity of the case, which concerns the collective interest of hundreds of thousands of people across the country, there is a need to press the highest degree of urgency in processing this request.
On the same deadline, the defendant company (TelexFree) must also inform the court which “datacenter” it stores the company’s website and data relating to the registration and transaction of affiliate accounts, providing to the court the password to access the database, which can be routed through private correspondence, addressed to me (Judge Borges).
There are also an additional rulings evident in the court’s press release which, as far as I can tell, pertains to instructing TelexFree affiliates who have filed their own appeals and requests to intervene in the Acre case to wait until the case has been resolved (legal action filed by TelexFree affiliates cannot be decided upon separately).
The news reported that hundreds of (TelexFree) affiliates attended rallies in several cities around the country, seeking the resume of TelexFree’s business activities.
Therefore, if even a small percentage of these affiliates wish to pursue individual legal action, there will be great turmoil in a case that has already exceeded forty thousand pages (of evidence), damaging it and (delaying) a speedy adjudication.
No surprises there as, let’s face it, these affiliates are only trying to get the Ponzi ROIs they believe they’re entitled to.
Looking forward, ten days puts us at early January. I’m not sure of the exact date as there’s no publication date on the court’s press-release (although I believe it was released only in the last few days).
Will TelexFree be able to deliver or was Carlos Costa just sitting around with a bunch of empty books? Going by Judge Borges tone, it’s probably wise TelexFree don’t miss the set deadline.
Ditto filing any more silly appeals…
Oz, Publication of the court decision was on December 20th.
If you navigate backwards on the url, you will find the text file is listed on the December 20th’s list.
Until now I don’t understand WHY Carlos Costa PRINT!! all that data!!! This alone is not bad faith? Because he can send it in a simple DVD that is easy to read and use data mining program.
Did he send all this book to the justice? Is he so stupid?
I think the justice don’t like to see everyone in a ship 🙂 See that videos look like very unjust!! Even if he pay for it before the justice, he can sell all that things and use the money for another thing…
Will he has another extravaganza?
I’m reminded of learning how the Japanese during WWII used to tell the people back home how every naval defeat in the Pacific was a great victory… until these “great victories” kept happening closer and closer to the mainland.
Wow! Is Telexfree biting off more than they can chew with the launch of Telex mobile,Telex commerce, Telex My Financial Advantage Plan (MFA), and AdAssure?
telexfree.in
Parece ser outra piramide resultante da telexfree chamada de Argent Global Network
It seems to be another pyramid resulting from Telexfree called Argent Global Network
Thanks for the clarification Frontier.
I just posted this in a WCM777 thread but it’s relevant here, seeing as adding things to Ponzi schemes to try and look legit appears to be flavour of the month:
Think Zeek Rewards and their shopping portal. At the end of the day it doesn’t matter when your business model is rotten.
No need to go back that far. Just remember Baghdad Bob… We are defeating the imperialist invaders! 😉
Finally what OZ firstly reported hit the news on G1 and Portal IG:
http://g1.globo.com/ac/acre/noticia/2014/01/telexfree-e-multada-em-r-11-mil-pela-justica-do-acre.html
http://economia.ig.com.br/telexfree/2014-01-02/telexfree-e-multada-por-atrasar-andamento-de-processos.html
What data? Look the video again, there is nothing. The books are completely empty. Look at his face when he opens the book. He even turned the book looking for anything written to show to the camera.
He didn’t bother to record another video because he knows the people affiliated will believe everything he says.
It is a site of news Telexfree. Seem to have payment problems in the U.S..
É de um site de noticias da telexfree. Parece terem problemas de pagamento nos EUA.
http://www.encontreinarede.com/noticias/1190/telexfree-usa-esclarecimentos-sobre-o-comunicado-referente-a-ewallet-/
Two bits of news:
1) TelexFree new logo seem to be up… They chopped their existing logo (that infringing one) in half, made it all white, and stuck a blue circle behind it. 😀
2) Videos on Youtube are telling Brazilenos to use proxies to bypass registration location restrictions and to enter random numbers as social security number
Link in Portuguese http://www.jornal.us/article-681041.Piramides-financeiras-Telexfree-BBOM.html (Thanks for PPBlog for the link)
Hi Oz,
I hope you saw the newest bold move from Telexfree.
Botafogo FR, one of Brazil’s 12 largest Football teams, has just accepted a sponsorship from Telexfree, being it now their second most important sponsor.
This happened just 2 days after Botafogo signed a renovation with their current largest sponsor, Viton44, owner of the Guaraviton beverage. Viton44 didn’t like at all the idea of sharing the same T-shirt with a Ponzi brand: http://globoesporte.globo.com/futebol/times/botafogo/noticia/2014/01/principal-parceiro-do-bota-se-revolta-com-parceria-com-telexfree.html
As Telexfree Brazil is blocked, the agreement was made in Miami: http://esportes.br.msn.com/futebol/botafogo-assinou-contrato-com-patrocinadora-em-miami-porque-no-brasil-n%c3%a3o-poderia
There are at least 2 interesting facts in this news, that should be mention if you make an article about that. First, the fact that there is a serious risk Botafogo will never get their money, as such payments may be blocked: http://globoesporte.globo.com/ac/noticia/2014/01/promotora-do-mp-ac-sobre-parceria-botafogotelexfree-muito-arriscado.html
Second, Botafogo was recently sponsored by Herbalife: http://www.lancenet.com.br/botafogo/Botafogo-anuncia-Herbalife-patrocinador_0_662333896.html
By now, there are several Brazilians making jokes about Botafogo, specially the suporters of their main 3 rivals in Rio de Janeiro.
Some of the jokes are like that: “Now, Botafogo has to convince 10 other teams to accept Telexfree sponsorship, in order to receive”, “Botafogo will hire no more players, every player will have to find other 5 players to join the team”, etc.
Saddly, there is also a significant amount of people saying they will now support Botafogo, or at list sympathize with it, just because of Telexfree.
by the way, I have just watched the video.
Carlos Costa probably thinks that showing books is a good upgrade from his paper waving habit.
Anyway, he continues to show paper without actually allowing the viewers to see whatever is written there.
I’m done researching for 2 month whether Telexfree is ponzi or not because it is NOT Ponzi,it is time i join Telexfree and make money.It seems to be a good business.A negative mind will never give you a positive life
you cannot get blood from a stone, no matter how much positive thought you have.
Thinking positively about climbing Mount Everest in your underpants won’t get you to the top, either
@Javen
I think your research machine is broken.
Seriously two months? What on Earth did you “research”? Sure wasn’t TelexFree’s business model…
He made a full research of all Costa’s videos and read all those accounting books he showed last video.
Although I bet several of those are just full of blank pages.
That would explain the blank thoughts: “Must…. join… Hand over… life… savings…”
Affialiate chains himself to the Acre forum demanding that TelexFree’s money be released:
http://g1.globo.com/ac/acre/noticia/2014/01/divulgador-se-acorrenta-em-forum-no-ac-por-liberacao-da-telexfree.html
That’s slightly more creative than “We believe in God and David Murcia” hunger strike in Bogota a few years back when DMG Grupo got raided…
Translation to the G1 article I posted yesterday:
Is tekexfree suspended in brazil
Since June 2013.
http://en.wikipedia.org/wiki/Telexfree
I’ve been tracking down whether Sann Rodrigues REALLY did hire Gerald “I see no Ponzi” Nehra for FoneClub, and I finally found a bit of proof.
Phone Club Mix is Universo FoneClub’s counterpart in Brazil, and both were shut down as pyramid schemes. While I can’t prove that this post is accurate, it appears to be posted with sincerity.
http://roubosonline.blogspot.com/2009/08/golpe-da-piramide-cvoip-leva-15-pessoas.html
And here’s a bit of fun news: turns out Gerry Nehra seem to be old buds with Noell Tin, defender of Paul “Zeekrewards” Burks.
Apparently when Nehra was defending “Pastor Chuck” religious ponzi in 1998 he was gonna hire Noell Tin for criminal trial, according to NYTimes.
http://www.nytimes.com/1998/08/22/business/pastor-chuck-s-bully-pulpit-sec-challenges-a-new-road-to-material-salvation.html?pagewanted=all&src=pm
Nehra certainly seems to attract a very specific clientele, doesn’t he.
Can you explain to me is telexfree VOIP a scam also or is a real thing? I think if the VOIP is useful and the company is also involved with other issues like advertising, investing in International business how comes this company is a ponzi scheme why don’t you consider these also as something for discussion?
From affiliate reports the service is overpriced garbage and support non-existent.
Because it has nothing to do with an affiliate’s ROIs. An affiliate invests money with TelexFree and the company uses that money to pay out existing investors. Then, so long as the new affiliate spams the internet and the company pays them $20 a week per $289 invested in AdCentral positions.
The VOIP is just smoke and mirrors.
The dust hasn’t finished settling on the new compensation plan and TF appear to be in no hurry to make the details public, so I can’t comment on the ever-changing new plan with any authority.
It is an existing phone card or VOIP line adapter you can buy from DiskAvontade (by Carlos Wanzeler, now co-head of TelexFree) directly, previously sold in Brazil by Phone Club Mix pyramid scheme, ran by Sann Rodriguez (who’s #1 TelexFree Promoter now).
VOIP is not really any cheaper than Skype, and they don’t have any such license to run a telecom business, either in Brazil or in the US, much less in any other country… with one exception: TelexFree seem to have obtained FCC license in September 2013, but has not obtained all state-level licenses yet.
It was never licensed in Brazil to operate VOIP, much less any other country in South America (that I know of).
TelexFree has NOT invested in international business. Any such are just different versions of itself. Its own website claims that they have an office in the UK (then changed address 3 times in a month).
There are reports that the office in Brazil is closed, and apparently their building doesn’t even list them when a Brazilian reporter came to interview James Merrill regarding the football team sponsor deal (however, Wanzeler’s DiskAvontade is listed). It is unknown if it’s the same office.
As for advertising, they are worthless, and thus it is merely “busy work” to disguise the victim’s participation in a scheme. If it’s really advertising, they should be PAYING YOU for work. Instead, you have to PAY THEM FIRST. That’s an INVESTMENT, and that’s ILLEGAL.