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.
WSJ.com: US Business, Wall Street Journal: Business
Mon, 10/24/2016 - 2:19pm
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.