TelexFree insiders try to cut prelim injunction deals

Now that TelexFree’s bankruptcy proceedings are all but dead, attention has shifted onto pending and ongoing regulatory action in the state of Massachusetts. Charged with being a Ponzi and pyramid scheme by the SEC and Massachusetts Securities Division, TelexFree are now staring down the barrel of a permanent injunction. But whilst the company and key [Continue reading...] Source: TelexFree insiders try to cut prelim injunction deals

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