Forbes contributors publish independent expert analyses and insights. I write about white-collar crime, with a focus on Ponzi schemes. This article is more than 10 years old. The Securities and ...

FRAMINGHAM — Nubia Gaseta had never expressed an interest in TelexFree, but for months company representatives pursued her through phone calls, e-mails, and visits to the florist shop she owns.

The TelexFree case—the alleged pyramid scheme that prosecutors say targeted Massachusetts’ immigrant communities and is the largest such scam ever perpetrated—is back in the news today. This time, ...

A promoter of TelexFree, Inc. was found liable for more than $1.83 million in federal court in Boston last week, two months after the company’s president was sentenced to six years in prison.

VITORIA, Brazil — In this bustling port city, with its long sand beaches and rocky hills rising from the sea, Carlos Wanzeler is taking refuge from the US authorities who want to put him in jail.

In 2017, James Merrill of Massachusetts was sentenced to six years in prison for his role in a massive pyramid scheme that fleeced roughly 1.8 million people out of more than $3 billion. Merrill and ...

WORCESTER – James M. Merrill, president of the TelexFree Inc. pyramid scheme that ensnared victims worldwide, pleaded guilty Monday to charges of wire fraud and conspiracy. Mr. Merrill, 55, of Ashland ...

Federal investigators caught the CFO of TelexFREE trying to leave with nearly $38 million while they raided the company's Marlborough offices this past Tuesday, court records show.The Milford Daily ...

The president of Telexfree, Inc., a pyramid scheme that was disguised as a Marlborough internet telecom company, pleaded guilty in U.S. District Court in Worcester Monday and forfeited $140 million, ...