TelexFree Receiver announces second claim distribution
The TelexFree Receiver has sent out an email detailing a second distribution to valid claim holders.
As per the email, shared on BehindMLM by a reader, valid claim holders will receive a second distribution payment of 4.5 cents on the dollar.
I believe this is calculated on the total allowed claim value, irrespective of the first distribution payment amount.
E.g. if your allowed claim was for $1000, you can expect a $45 second distribution payment.
Valid claim holders have until September 23rd to make any changes to their payment method in the official payment portal.
Note that these payments will go out automatically. Anyone asking for payment information or anything else related to the second distribution is trying to scam you.
Also, and this should go without saying, if you don’t have a valid claim there have been no changes. You will not receive a distribution payment.
Anyone telling you otherwise is trying to scam you.
The TelexFree Receiver advises second distribution payments will go out on September 30th. I’ll leave an update below confirming the payments have been received.
As of April 2020, TelexFree victims with approved claims had recovered ~40% of their losses. The second distribution payment would appear to increase that amount to roughly 44% to 45%.
Because this is a new development I’ll allow limited crowd tech support in the comments (i.e. you can ask questions).
wHeRe’S mY MoNeY? and related nonsense = spambin.
@Oz,
You sure that quoted article is correct?
It links to a blog post explaining that Zeek distributions were 81%, not Telexfree. Just FYI.
How the F. did that happen? I could have sworn I set the filter to TelexFree and then searched for distribution.
I added it after I’d written the proper article. I must have absentmindedly set it to the Zeek category lol.
edit: Oh I see what happened. That article is in the TelexFree category because I did a comparison. I was just scanning for the percentage and link clicked the headline.
Thanks for catching that. I’ll add the correct article and change the percentage.
Our local banks here in Uganda don’t want to handle cheques from abroad. Electronic funds transfer (ETF) system is preferred!
Thank you MLM for tirelessly always informing us about the developments!
Hopefully it is very soon distribution and satisfied in the they promise is 43%,, Amiinnn.
I believe only next Monday we are receiving the monies on PayPal.
I have not received the money on PayPal just yet.
My friends and relatives have received payment on their MasterCard.. They are in the US, I chose PayPal and no. I haven’t received anything yet.
Under telex free bmc group portal, a new field 2nd_payout $0.00 (null) has appeared. This seems kind of strange. Maybe they are still populating this data…
Received it through PayPal.
Hello,
For those who have received the payment, is your payment portal on the part of second distribution amount filled?
I have not received the second payout..its Blank saying 2nd payout is $ 0 (null) while I am an eligible to get paid as I am in the class 3 allowed to receiving second distribution.
Anyone having the same situation and what to do?
@Apcb, how % that you received distribution in second?
I also received payment today, but just 4% from all allowed payment my account, are you same with me? Pleae3 let me know, thanks before.
Has anyone received 2nd distribution payment through wire transfer?
If you have received 2nd payment through wire transfer; which country are you residing?
I just received my wire transfer in Nigeria for the 2nd payment distribution. All Thanks be to God.
@TT what changes have you seen made on your portal? have they stated the the exact amount that is available for your in the second distribution?
My account is showing Null while I am eligible for second distribution.. tell us a little bit more on how you see therein your portal.
@TT, you same with me hasbeen received payment second distribution used wire transfer Bank, I am from Indonesia, but that I want ask you how much % that you received from these BMC Telexfree? Thank so much
I have also received a wire transfer today, thank God.
Please when are they going to pay class 2 second payment.
Thanks
@Olalekan Raymond,
They are not paying victims that belongs to class 2, because only class 3 was paid a lesser percentage (39% precisely) last year.
Your payment was around 43% to 44%.
Go read their disbursement policy carefully on their website.
Unfortunately for me have not yet recieved my payment. For the first instalment. Is there anyone in my category?
I choose paper check which can’t cash out here in Uganda. And I can’t change it to wire transfer. I have tried sending the trustees emails but no one responds to me.
Will these trustees pay me my allowed claim or not?
Entitled to second payment but have not received any distribution payment.
Payment Portal shows the amount that was initiated on 30th September 2022 by cheque! But my 1st Payment was by bank transfer and my bank account is active.
l wonder why they decided to initiate cheque method in the 2rd Payment. They have my details of 1st Payment by bank transfer that was successful and that l acknowledged.
I have not received the amount but it was initiated last September 2022 by Cheque which l cannot get if sent and cannot be cashed in Uganda as is well known by Trustees.
Has anyone faced this dilemma? They sent 1st payment using bank details by wire transfer but 2rd Payment they initiate Cheque Payment. Why?
Only the Trusteeship can answer why they did something. BehindMLM is not Trustee tech support.
Everyone who followed instructions ends getting paid. I have not yet got my 2rd payment but l know l will.
Cheque initiated but when l asked bank transfer, the cheque was cancelled an l was allowed to input bank details.
So l will receive the money surely. We shall all receive.
I have not received my second payment.
The first payment i received through wiring. And i request the same Wiring.
May be there are many people who have not yet received the 2rd payment. I have not received the 2rd payment as well. There are some people who received almost instantly.
I too had to ask again for wire transfer. But the claim still reads ” check initiated”.
No money can be received in most African countries through those cheques because banks fear fraud. Wire transfer is thw only way if they are to help us again. But I think we shall.
It was unbelievable for me to receive the first installment. I have trust in those Trustee agents that they will end sending the balance as promised.
Please some one assist me and tell me if its possible to cash out this paper check these trustees have insisted on using to send my disbursement.
Am in Uganda has anyone every cashed out the paper check from telexfree from Uganda? if so, then what’s the procedure.
They can wire your money to your bank. That check will expire if not already expired. But the changes must only be made through the Payment Portal. Did you try that?
If you have the cheque already and it has expired, your money is still there. Take a photo of the expired cheque and send. Then try to change the method of payment.
Hopefully, it can be possible to change your payment details address e.g bank account, bank name etc.
Those people are actually good but at times, it is us who wrongly fill the portal forms and end creating problems for ourselves.
I really feel sorry for you but you will get your money l pray for you.
Thank you mukaasa! I was successful in changing the payment method. I sent the trustees an email requesting for change of payment method and they responded positively, now just waiting to receive the disbursement.
Though in my payment portal the payment method has not changed it’s still reading “paper check” is that an issues or it doesn’t matter.
I lost money to telexfree in 2014 am in Uganda can I still file a claim?
The TelexFree victim claim cutoff was back in 2016.
Not sure if anyone is reading this post after so many years. But I just got my 3rd distribution payment on Oct 31 – 2023.
That’s amazing.
I am very surprised to a Bank Wire alert this morning of payment of USD 1642.71 from Telexfree being a 3rd payment. I hope that all eligible colleagues have received theirs.
This was totally unexpected though l had been informed that there is a possibility of a 3rd payment.
@Kawesa Mukasa what percent of your total claim did you receive for your third payment?
NOT YET RECEIVE THE SECOND PAYMENT