TelexFree victims receive early recovery distribution payments
Like most of you we weren’t really sure why a January 13th, 2021 date for distribution payments was set.
Turns out that was more of a deadline, following reports from multiple TelexFree victims of received payments.
Starting a few hours ago, TelexFree victims started to report having received emails confirming payment through PayPal.
In one YouTube video uploaded a few hours ago, a Brazilian TelexFree victim shares proof of a distribution payment from “TelexFree Liquidating Trustee”.
As above, the payment was made over PayPal on July 31st.
At this stage I can’t confirm whether payments across other mediums have been made (banks, other processors etc.).
For anyone who hasn’t received payment confirmation, double check you’ve provided accurate payment details in the claim portal.
We’ll keep you updated on any further developments.
Update 2nd August 2020 – Bank payments also appear to have gone out in the US. Haven’t received confirmation on international bank transfers.
I want to receive my refund of telexfree.
Others who followed the required steps are receiving their distribution payments (only PayPal confirmed for now).
Did you follow the steps?
Wheres gonzo talking shit now?!?!
I did all the right procedures and still haven’t received anything, I voted and registered my paypal plus nothing so far. Has anyone else not received it yet?
Here in Brazil there are people claiming that he was only released for claims with a value to be paid below $ 4000.
I got my payment yesterday over $5000 trough Zelle.
Laeci, I haven’t received mine yet. I’m in the 39% class. I read that msm comment you quoted. I look forward to here in Brazil.
Did anybody summon me? I be here, with this little nugget. 6 years waiting for 30%. Lolzo
I can confirm that I just received 39% of my redistribution payment through my Chase Bank account.
I filled in my payment information when submitting my vote for redistribution 2 months ago and didn’t want PayPal to charge me any fees. Hence why I chose to input my bank information instead.
I am from the United States though so not sure about other countries. Here’s to hoping for clawbacks in the future from the upline that suckered us in and benefitted from this scam.
For now though, today is a victory!
It’s been at least 2 years that i don’t get e mails from telexfree. I have friends who said they get telexfree email.
Where do I start searching for my mane.?
@RaV82
Thanks for the bank confirmation.
@Magda
Two years? Yeah pretty sure you messed up somewhere.
If you don’t have portal login information at this stage you’ve missed out.
Brace yourselves, the ignorant objected are coming…
I’m from Australia and can confirm that no funds have been received into my PayPal account as yet
MICHELLE I DON’T RECEIVE ALSO. I HAVE TO RECEIVE THE VALUE OF 7100 $ USS PER PAYPAL.
I am in class 3, with a claim of more than 4,250 and I only received 13% in my paypal, isn’t it supposed to be 39% or 41%?
I have two claims of 12,000 and they only paid me 1,600 and another of 20,000 and they only paid me 2,600
When you say claim is that the amount you claimed or the amount that was approved?
the amount approved and the amount i can see at the list of allowed.
Then I’m not sure. Hopefully the Trustee communicates what’s up this coming week.
Have you seen any other cases that have paid less like me?
One other reader left a comment saying they were paid less.
Unfortunately they went on to spam a bunch of TelexFree articles with the same comment using different names, so I marked everything as spam.
I haven’t seen any other reports so far.
wow, I don’t know what to say, I only see everyone who pays 39% and I don’t: I do not understand, and the 3 claims I made are under different names all above 4,250.
I do not know if the claims of more than 4,250 are being made in parts.
#4 mentions that $4000 limit. Hopefully we learn more this coming week.
well, it only remains to wait, because they say that at the end of each month they will pay more.
lets see what happens, il let you know if i receive more.
Where have you read that they will be paying more at the end of each month?
I can confirm that I just received 39% of my 4,750.00 claim, through my paypal.
I filled in my payment information when submitting my vote for redistribution 1 months ago. from a caribbean island.
My sister in law got her money on 08/03/2020 direct deposit. But I still haven’t got mine back yet. We Both live in New York and same city.
She give them her bank account but I give them my PayPal account. Hope I get it soon.
Hello, everyone. I just want to confirmed that I have received my 40% refund from TelexFREE into my bank account.
Hopefully that you guys will get yours soon too.
Fong Vang, are you sure that you received 40% from TelexFree? As you and I can see #25 Antraxx confirmed that he/she received 39% on August 3rd, 2020 at 11.57.
As I did the math, I just confirmed that I only received 39%, too direct deposit to my bank account on Monday, August 3rd, 2020.
Omg my sister and my sister in law both got their money back. Why I don’t got it yet?. Anyone else who didn’t get their money yet?
@Ni
Me neither. But I must say I am not on the allowed list nor on the disallowed one. I did get all the emails (I guess) and I got the voting email. And I voted of course.
Let’s see.
I did not received mine yet. Both my sister and my sister in law received their money direct deposit.
If I know I would give them my bank account instead of PayPal account. Anyone know how to change the payments option?
Yes, I did the vote and everything they ask us to do. Hopefully we get ours money back.
I received my distribution less than 39% anyone know why?
Hi, i did not voted because i got the email in the spam folder and i didn’t see it, and now i want to know how i can do something to receive some money please. thank you.
I don’t think voting was compulsory. Adding/confirming your payment information is required though.
Very compulsory to vote. These are the last lines of the email I got, stating username and password to vote:
Ballots must be completed electronically by 5:00 PM Eastern on June 30, 2020.
IF YOU DO NOT SUBMIT YOUR BALLOT, YOU WILL NOT RECEIVE A DISTRIBUTION.
@oz
Adding payment information to where? As far as I know the only option to supply your payment details was when you brought out your vote.
In the whole process the only clear information was given that line in the email:
Not sure how clearer it can be.
Ah well, that’s that then. No vote no payment.
I’m not a claimant so I’m not privy to everything that has been communicated.
@oz
No offense to you. You did a great job informing everybody through this site. Well done!
I am still waiting for it. Me and my brother had telexfree account, I was $16.000 and my brother $7.000. He already got his back but I’m still waiting.
We done everything properly, voted, add pay-pal account etc. When I check BMC group website it says my payment its been processed.
I guess they are liquidating those ones who joined telexfree first but who knows. Hope I get my one soon.
@ABK
Where can you see the status of the process of the payment? That would interesting to know.
Mine said the same thing when I Check BMV group website. Hope we get it soon.
But where do you go on that website? I cannot find anything related to payments. Can you post the url?
@ABK
You say that your brother has received his money. What happens if he tries to log in? I bet he also gets the message your payment is being processed.
I don’t think the message has a lot of meaning.
I just received the paypal email and confirmed my account sent all the money! I am Brazilian, in the 39% class. It came at the right time!
Just received my money. Exactly 39%
Good luck to you all receiving your money!
I opted to receive a check and I already got it in the USA.
Just got mine too, 39%, Happy days!!!
Hope everyone will get theirs soon… and additional distribution to all in due course 🙂
I received my 39% payment on my paypal.
Where have you read about an additional distribution?
any experience from Africa? for some of our country has no Mastercard service facility, we had only once option to receiving a physical Cheque.
has anyone reveived a cheque in africa? thanks.
I’m pretty sure I read in the notices leading up to the ballot we would get 39% and then an additional 2-10% … Or am I mistaken?
Those who opted for the lower 39% payout may receive additional payments.
I understand the option about additional payments, however there is no information or whatsoever about a timeline on KCC/Telexfree website, reason why I question why people say in the next month or additional payments are due in course.
But it’s all good, hopefully it will be asap.
Oh definitely, there is no timeline for additional payments. In fact there might not be any at all.
Anyone who tells you otherwise or provides a timeline is making it up.
I got my 39% payment today in my PayPal account. Hope everyone got their money back. Good luck everyone!
i live in USA, i did receive 39%, from BMC in to my bank account. i chose a Bank account number, route number of the BMC form.
now as the Trustee STEPHEN B. DARR told us in the letter sent 2 months ago, there are 2 more back payments to the creditors. lets pray and wait.
thank to the US securities and exchange commission, district attorney, Trustee Stephen Darr, judge Melvin Hoffman and FBI who help catch a suspect hiding in Brasil.
BTW i am not kissing ass to no one, but if is not for the authorities of the US gov. maybe i would never get the money back.
Yawls im worried fr real tho. WHERE THE FUNK IS WAGALO?!?!?!
I haven’recived my payment.
@carl
As per the liquidation plan you might receive additional payments. There is neither a set number or timeline.
someone from outside the USA, have you ever been paid by bank transfer?
These people (Trustee, Administration Team) whatever you wanna call it, are being shady at the end and he re’s why. I am bringing you guys a quick update. I have a few people friends and relatives, who are quite shocked with what they’re doing.
1. The so called “Voting” email they sent was hard to find or even see.. If you have Gmail, it went straight to “Promotion Tab emails” To other email clients, Yahoo, Hotmail, etc was detected as Spam
2. They spend 6 years sending emails with topics such as Telexfree Notice of hearing, Amended Notice in the email topic, Guess what they put on the “Payment Info Required in order to pay members email?
(VOTE) WTF? just around election time in the US. Coincidence?
3. It has been 6 years, so I have friends that did not use their email anymore.. guess what happens once your free email services like yahoo, Hotmail becomes inaactive? right. deactivated. cannot longer receive emails
4. One of their PDF documents. (Distribution Plan or something like that) says.. if you have questions or your information has changed you can contact the email @claimstelexfree blah blah, None of them got a response, and this was previous to June 30
5. With all these precedents they offer members 30 days (until July 30) to vote on a ballot and submit payment info… 30 days? LOL!
6. Finally, today my freind receive the following info on one email
THIS IS BS… JULY 20 Notice does not contain any of these.
NOTE THE COURT HAS AGREED TO EXTEND UNTIL JANUARY 13, 2021, THE TIME FOR PARTICIPANTS TO SUBMIT INFORMATION TO RECEIVE A PAYMENT.
Very confusing. How can anyone submit anything when they have not send anything to submit.
Your “friends” didn’t vote. They miss out. Those who followed the rules are receiving recovery payments.
The more money the Receiver has to spend coddling dumbasses the less money there is for recovery.
Although lengthy, there’s been nothing shady about the process. I’ve managed to keep up with it and I don’t even have a claim.
Also the January 2021 cutoff is for people who voted. No vote, no payment. Simple.
I voted and got a number to verify, can someone point me to the page where I can confirm.
As am not in the US, I chose the option that wasnt Paypal/mastercard. Please shade some more light to allow us follow up.
Confirm what? Not everyone has been paid yet.
If you have access to the claim portal there might be some information there but otherwise so long as you have a valid claim and voted you should be right.
Check your Claim Status on
payment.telexfreeclaims.com/login
@Edgar
So full of BS.. firstly if they used those emails to register as a claimant they should have kept using it in order to keep those email adresses active.
Secondly in every email account sometimes happens to have real and important emails on the SPAM inbox etc.
Email these days is like checking your physical mail box. If most of was followed the developments and received our money, why are you looking for excuses?
Why are guys defending these people? Have you seen the fees and the income they are earning out of this process?
That’s money that claimants are not going to receive. So it’s convenient for them to not receive many claims, but you are right, APCB and OZ about “my friends not following the process” – they should have, I still think a 30 days windows is not enough.
I also have a friend who live in Africa and the only method of payment was a mailed check. (he chose that) sveral days later, he receives another email from admin saying they cannot send him a check and asked if he has a friend or relative in another country whom can receive the claim for him..
Guess how many day he got to respond back to that email.. (1 day) I am sorry.. email received on July 26, please repond by July 27. IMPOSSIBLE.
So.. YES THEY ARE SOOOO FULL OF SHIT!. So Oz.. I know you are not in the process (good for you) and we thank you for the work you do. but yeah man.. Deep inside, they dont care.
Because without government assisted recovery efforts nobody gets anything back, ever.
Alcore Betting Company just collapsed. The scammers are likely from Russia and used cryptocurrency. No recovery is going to happen.
Go ask those victims if they’d prefer nothing or getting 39% back in six years.
Here’s someone yesterday wondering if they’ll ever get anything back from BitClub Network, or if Russ Medlin spent it all banging kids in south-east Asia.
TelexFree victims have no idea how lucky they are to even have the chance to apply for something back. I have no sympathy for people who can’t help themselves.
Yep. Unlike expecting free money from a Ponzi scheme, in the real world people get paid for actual work.
Someone had to clean up your mess and expecting them to spend 6 years working for free is asinine.
The Trustee is paid the same irrespective of how many claims are paid. If anything the less claims allowed means a higher distribution percentage per allowed claim.
It’s been six years. On the flipside we did the right thing complaining about how long everything is taking.
You and your friends aren’t special. Either follow the rules or miss out.
I saw on the docket yesterday some dumbshit demanding her claim be allowed … four years after the deadline. She was denied and now she’s arguing about it.
Not ideal but certainly not impossible.
Plenty of people who kept up to date and followed the rules set by the court have received payments. So while not 100% perfect the system has worked for everyone who participated – which is all it was ever required to do.
Also I think you’re mistaking the purpose of the Trusteeship. Whether they care or not is neither here nor there.
Recovery is a legal process because cleaning up a Ponzi mess is a legal matter. Care doesn’t factor into it.
@OZ.. You know what? You’re right! and I am being honest.. althought what they did with my friend in Africa was a little upsetting. “I am going to pay you with a check” – a few days later.. No. I cannot pay you with a check.. – Give me other details in less than 24 hours or else, you are out” But you’re right. I haven’t seen anyone from all those big ponzis like Unetenet and others getting anything back, and thats a fact
@ZigZag…Thanks, it says my payment is being processed. Let me wait patiently
Hello everyone, i dont know if any of you have received an email from Christine Lagarde herself (LOL) saying this:
It goes on but i dont want to bore you. Just to make the point that the ones who are still waiting for the reimbursement (including me, my payment is being processed) shall be very careful with our emails. Cheers and patience
Andrew thanks for the concern. The problem with ny country’s financial system doesn’t prefer using cheques payment can only be through western money union and money gram.
alternatively why not use American embassy in Uganda? The third world doesn’t know about PayPal account.
Thanks once again.
Any news about the second wave payment?
I did receive my payment using mastercard debit card payment but unfurtunately the virtual card doesn’t work. Anyone having the same problem?
Is there a number to call on the card (I know it’s virtual but still)?
No.
Yes, but the number doesn’t let you talk with no one. When you enter the card detais to activate, the system doesn’t find the card details!
Tried looking for a local MasterCard number? Maybe do the “mash phone buttons till you get someone on the line” trick.
The MC Card does work, It does not alow you to withdraw at ATM’s cause its a virtual card, but its good to shop online and offline if you order the phisical card to be mailed (No PIN) ($3.00 Fee) just acts as a credit card..
DO NOT ACTVATE via phone.. They will send you a link to claim your card.
After you do that.. The card system will send you another email to access the card.. (Look on your SPAM folder and everywhere).
There’s no login or password.. or account registration..
Don’t loose the email they send you to “retrieve your card number” it just works with 2FA (2 Factor Auth) via SMS or email
Mine doesnt work either (Although i have activated it), dont know how to solve it since the platform doesnt show you any email or way to contact anyone. Is this also happening to more people?
Anyone received any payment in Africa ?
I received my payment, what they said in the previous emails. I opted for the Master Card because I live in England and I guess the cheque was going to be valid only in a bank in the USA.
I registered the card, I got the second email, it’s active but I cannot buy anything.
I got it a week ago and I’ve been trying to buy in many of the shops listed in the website. I’m feeling frustrated as they already took $5.95 from the balance for “inactivity” as I haven’t been able to use it.
Maybe try to contact them for help! I mean claim(at)telexfree.com. They should be able to give you assistance.
Reina Casanellas, same that has happened to me, i dont know what to do, shall we call to the number they provide for countries out of US?
(ph number removed). This is frustrating.
@Tho, I used a freinds address in U S A the cheque was mailed to him and he later on mailed it to me through fedex to uganda but I am afraid all banks have rejected it.
They dont accept foreign cheques. i am stuck with it.
@Florence, Is there any other reason given by banks not to accepting Foreign Checks may be framed around the legality/Ligitimacy of the proceed (Income)?
@Florence Really bad and disturbing!!!! In Africa we had only two options to receive payment ( check or MasterCard) and both seems problematic.
Hope you will get a solution in neighboring countries with that check maybe try Kenya.
Hi, anyone knows if international bank transfers (outside US) are going through?
The mastercard procedure is quite simple. after activating it I could use it all over the internet, as well as on my phone on Apple Wallet.
So care to share with others what you did differently?
@cm of course the master card procedure is simple but I did it, the card is supposed to be activated but I cannot use it anywhere, in any website.
I saved it as well in my Apple Wallet. Where do you live? Maybe that’s the difference.
Crazy how many people come jan 13 will loose their claims and their money encause of the shitty process the trustee has done.
So many people not being able to get their money. Good job mr. Darr… 8million dollars youre getting from this and you cant even properly pay the victims.
Always improvising. Always lazy. Always doing things in the slowest shittiest way possible.
I’ve used it on amazon, ebay, all apps that supports apple pay, all payment terminals that accepts apple pay, etc. then i requested the physical card and both worked.
I’ve used it in Dominican Republic and USA and no issues at all.
Please assist for my distribution.I am waiting to receive a sum of #1358.40 .
Thanks
BehindMLM has nothing to do with the distribution process.
oz, i sure we can help him collect his distribution, can we exchange emails on here?
As a safety precaution no. I can’t vet who’s contacting who and why.
wel fadeyi, i can help you, but as you can see OZ wont let me help. sorry.
maybe give us more information on what your issue is?
September 14 of the year 2020.
Please send to me information for me recover my inversión in télex free. For a momento, I thought that all was lost, and for that reason, I did not see my E. mail.
8 days ago I saw it and there is a notification of the limit date for claims was already finished.
Pease help me for recover my money in othe oportunity. Now I am determined to see my E. mail every day. Securely there are many people with the same problem.
Thank you. I am sure that in The Unided States of America there is justice.
Claims process finished years ago, you missed out.
There was justice, for those that helped themselves.
There where an aprox. 1.2 million telexfree victims. Only 120,000 claimed. Thats 10%.
Brace yourselves, the hoarde of non claimants are coming to cry.
Do we know if the first round of payout is completed yet?
I was just wondering because I understand that there is a possibility of us recovering an additional 1-11% of our capital amount.
Thanks.
Don’t think anything will be finalized till the crybabies who couldn’t prove their investments are dealt with.
Don’t expect anything till next year.
I’m in Africa, i used my card to purchase online but a supplier received a notification that ‘authorisation failed card rejected’.
has anyone experienced this? and how you solved?
The cards are programmed to purchase from US only. I think they are trying to prevent capital flight.
If you are in Africa like me, you have to open a PayPal account to be able to used the card on sites that accept PayPal payments.
It’s really not far how we are not allowed to spend our money the way we like!
I am one of the claimant who filed for distribution but yet to receive my claim while others who choose to receive their claims through master card have been settled.
I did not receive any mail regarding the distribution please what can I do to get my claim? I do receive all mails sent by by the bankruptcy court. I am in Nigeria.
If you didn’t follow up on your claim it’s too late to do it now.
@ Oz I did all the necessary things required of me and submitted my ballot before the deadline just as other friends of mine I have been sending series of emails to telexfree claims without any positive response. Please how else would I have followed up?
Did you have an allowed claim to begin with?
Everyone else with a valid claim seems to have gotten paid.
Theres so many fuck ups and discrepancies with the trustees distribution process.
Its a mess, payments are delayed, no one know whats what. Uplines are fraudulently receiving their downlines distributions. Its a mes. A hot mess.
Yes I have allowed claim you can verify my claim number is (Ozedit: removed for personal safety).
if there is anything I can do about it please advice me.
@Gonzi
I can’t speak to the delays, only that a significant number of claimants appear to have received initial distribution.
As to upline’s receiving payment; if you were stupid enough to pay your upline and on paper they paid into TelexFree, zero sympathy.
The Trusteeship wasn’t set up to fix stupid.
@Rukayyah
If you’ve got an allowed claim then short of getting in contact with the Trustee there’s not much I can recommend.
If that’s proving difficult then unfortunately, at least as far as advice goes, I think we’re at a dead end.
OZ
The trust is quite any plans going on please??
I don’t have a direct line to the Trustee. I’d assume he’s working towards that Jan deadline. What’s supposed to be paid out should be paid out by then.
(although I’d be lying if I said I wouldn’t be surprised if it wasn’t)
Am in Uganda too, I voted, submitted all the requirements beginning of June, up to now i haven’t received anything!!! I don’t know what to do!!!!!
Am from Uganda too, Got this email on the 18th sept and have since failed to activate my virtue card and that promised email is yet to come. Anyone from uganda with a success story?
etc.
Anyone know if once you put your account information for direct deposit they will send a confirmation? or how long it takes until payment goes through? thanks
Am from Uganda too, i haven’t received anything, the emails they provided for questions these days they don’t reply to any message i send!!!
I voted and opted for master card since it was almost the option for us!!!! I wish they communicate and let us know what’s happening!!
Hello maya i am also from uganda we should get in touch and find a solution.
Hi Andrew I am becoming hopeless about issues related to telexfree distribution.
I got Vertual Master Card against my claim. Card can’t be used on ATM for cash and can only buy things on internet in USA and Canada.
Useless My money is stuck and nobody is helping. Again we are Scammed.
There are so many different ways of sending money to people overseas,, why did they choose mastercard payment method when they know very well that people cannot withdraw their money!!!
To them it’s pocket change to us it’s a lot and we don’t intend to purchase things online!!! Why are they treating us like this??
I registered all my information in the system and in step 4 the payment method does not appear in the system. who can help me.
The Trustee.
Has anyone received disbursements starting November 1?
Where’d you get Nov 1st from? I think if there’s going to be an additional payment it’ll be closer to Jan 13th, 2021.
Some people received another wave of emails near beginning of October for payment information.
They said payments for individuals from that pool will get processed at the end of the month (~October 31), so I’d assume the payments will actually be disbursed closer to beginning to mid November.
It currently says payment processing for me on the BMC portal.
Ah OK, wasn’t aware of that.
Where is my refund ?
Oz,
As if the trustee is doing his own things devoid of Public relations with his clientele?
Or He is thinking of an appropriate method of payment? Why not use Electronic Funds Transfer (EFT)?
I can’t speak on behalf of the Trustee.
thx Oz,
do financial institutions in the US use EFTs? Or Government fears for bleeding the economy through capital flight?
What happens if the trustee fails to meet the January 13th. deadline?
thx once again!
Godfrey!
First question no idea. Second question let’s cross that bridge if we come to it.
Do people still have “Your payment is being processed” on payment.telexfreeclaims.com?
Mine has been processing for 11 days now with no payments yet. Very confused why it’s taking so long. I chose paypal btw.
Hi Rob, I still have the same message as well. I chose the direct deposit option.
Rob, i summited my payment info in October 4 & every time i checked the link it still say “your payment is being processed” & that was over 1 month ago and i am still waiting to be pay.
Hi OZ,
Hope you are fine! You mean the possibility of using Electronic Funds Transfer (EFTs) exists! Actually this one could an easy way to resolve the impasse!
Thank you very much for your usual response, it keeps me hopeful!
Godfrey.
Do people still have “Your payment is being processed” on payment.telexfreeclaims.com?
Mine has been processing for 24 days now with no payments yet.
Yousaf Meera
How much money is on the card?
Oz
something keeps telling my mind that the Trustee is doing something beneficial to his clientele so as to beat the 13th, January deadline!
Could be. Who knows!
Can someone clarify what is class member ID^
Does anyone how long it typically takes to get money once the payment information is filled out? thanks in advance!
Someone in Nigeria (Africa) has received a physical check..but says most of the Banks do not receive foreign checks and therefore becomes difficult to Cash the check..its quite stressful!
@Florence-Uganda, You said you were stuck with Telexfree Check somewhere 23rd August 2020, in the sense that Banks in Uganda do not accept Foreign Checks.. can you give us an update as to what was your next cause of action?
Oz or someone, please clarify what is class member ID.
I’d assume your internal ID number tied to any claims you make.
The Trustee sorted claimants into classes to make it easier to track distribution.
Hi Rob,
Have you received your money yet? Mine has been processing for a while as well. Still waiting and praying.
I have not yet received the money. My portal still says “Your payment is being processed.”
Thank you.
I still haven’t received payment. My other counterparts have received theirs.
Please act on this. Thank you