TelexFree
TelexFree Business Profile
TelexFree
225 Cedar Hill St., Suite 200
Marlborough Massachusetts 01752
James Merrill, Founder
Products: 99TelexFree, AdCentral, AdCentral Family Membership
Notes:
Enrollment Options
TelexFree members pay $299.00 annually for each membership position, called an ''AdCentral''. Each member may have up to 5 accounts, or an ''AdCentral Family Membership'', for an annual cost of $1,375.00. The 5 memberships may be purchased in a lump sum or over time. TelexFree AdCentral Members are required to publish at least one preselected advertisement per day to the free classified ad sites on the internet.
Compensation Plan
TelexFree members earn commission on the sale of 99TelexFree subscriptions and the publishing of ads on the internet, $20 for the recruitment of each new member purchasing an AdCentral Membership and $100 per recruitment of each new member purchasing an AdCentral Family Membership. TelexFree has a binary compensation plan for commissions on the recruitment of new members and a 5X5 matrix compensation plan for commissions generated by the sale of 99TelexFree plans.
Web Address: www.telexfree.com
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Recent News:
| TelexFree Fugitive Loses Citizenship |
| February 22, 2018 -- Carlos Wanzeler, the fugitive co-founder of TelexFree, was stripped of his Brazilian citizenship last week -- an unusual move by the Brazilian government which may open the door f...
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TelexFree President Sentenced |
| James Merrill, former president of TelexFree, was sentenced on March 22 to six years in prison and three years of probation. Merrill pleaded guilty last October to one count of wire fraud conspiracy ...
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Agents Seize Approximately 20 Million in Scheme to Launder TelexFree Funds |
| January 26, 2017(Boston)--Approximately $20 million in cash hidden inside a box spring in a Westborough, Massachusetts, apartment was seized late yesterday, and a Brazilian man was arrested in connect...
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TelexFree President Pleads Guilty |
| Worcester, MA - October 25, 2016 -- James Merrill, president of TelexFree, pleaded guilty to one count of wire fraud conspiracy and eight counts of wire fraud in U.S. District Court. Prosecutors call...
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TelexFree Exec Requests Suppression of Evidence |
| An attorney for James Merrill has requested suppression of evidence seized during a raid of TelexFree's offices in April 2014. In a court filing, Robert Goldstein said the document seizure was "uncon...
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