Bank settlement sees $2.9 million paid to TelexFree victims

A settlement with Fidelity Cooperative Bank has seen some $2.9 million returned to TelexFree investors. The investors in question are from Massachusetts, with the $2.9 million figure carved out of a $3.5 million dollar settlement. Long-time followers of the TelexFree saga might recall Fidelity Cooperative Bank is run by John Merrill, the brother of James Merrill, one [Continue reading...] Source: Bank settlement sees $2.9 million paid to TelexFree victims

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