iFreex Warning in MA - TelexFree Spinoff?
Looks like one of the to reps in TelexFree may have created a spinoff called iFreex, prompting the Massachusetts Secretary of State to issue a warning.
The top rep known as "Sann Rodriques" - whose true name as listed in the SEC charges against TelexFree is listed as Sanderley Rodrigues de Vasoncelos - was named in the warning, and in the news release the Secretary of State noted that "iFreex appears to have any of the same characteristics as other pyramid schemes..."
It's tough to teach an old dog a new trick. Especially when the old trick was making bank scamming people in a pyramid scheme.