According to Brazilian news "Globo" (as reported by Behindmlm) the local court judge had ordered TelexFree to cease operation in its recruiting and and advertising arm.
Oz at BehindMLM has long concluded (back in 2012) that TelexFree is merely a Ponzi scheme disguised by a telephone company, and since then the various supporters of the scheme have circulated various misinformation, including "there was no investigation in Brazil" and so on and so forth, despite newspaper reports. TelexFree allegedly hiring Gerald "I can't spot a Ponzi with both hands and a flashlight" Nehra didn't help either.
Now that the news is confirmed, are Brazilians crazy enough to demonstrate in the streets demanding the court to reopen a Ponzi scheme, like their crazy neighbors in Colombia did when DPRE and DMG got closed?
http://behindmlm.com/companies/telexfree/brazilian-court-suspends-telexfree-operations/
![Enhanced by Zemanta]()
Oz at BehindMLM has long concluded (back in 2012) that TelexFree is merely a Ponzi scheme disguised by a telephone company, and since then the various supporters of the scheme have circulated various misinformation, including "there was no investigation in Brazil" and so on and so forth, despite newspaper reports. TelexFree allegedly hiring Gerald "I can't spot a Ponzi with both hands and a flashlight" Nehra didn't help either.
Now that the news is confirmed, are Brazilians crazy enough to demonstrate in the streets demanding the court to reopen a Ponzi scheme, like their crazy neighbors in Colombia did when DPRE and DMG got closed?
http://behindmlm.com/companies/telexfree/brazilian-court-suspends-telexfree-operations/
