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The TelexFree Ponzi bust: One year on…

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Following the suspension of e-wallet services by iPayout and a pyramid scheme case filed by the SEC, April 17th 2014 marks the date the TelexFree Ponzi scheme was shut down. A billion dollars in losses to investors, one owner hiding out in the US and concurrent civil and criminal trials still making their way through [Continue reading...] Source: The TelexFree Ponzi bust: One year on…

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