James Merrill, who founded and then captained the meteoric rise of TelexFree before it was shut down by federal authorities, has pleaded guilty to criminal fraud charges for his role in running a multibillion-dollar pyramid scheme at the company.

Topics:  james merrill   telexfree   guilty   fraud charges   
BING NEWS:
  • TD Bank agrees to pay $95 million to victims of TelexFree Ponzi scheme
    The co-founders of TelexFree, Carlos Wanzeler and James Merrill, were indicted federally in July 2014 on charges that they operated TelexFree as a massive pyramid scheme. Merrill pleaded guilty to ...
    02/9/2024 - 12:17 pm | View Link
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