Ex-TelexFree Director Settles In SEC Suit Over Alleged Scam

By Jon Hill ( July 17, 2017, 8:16 PM EDT) -- A Boston federal judge on Monday ordered a Massachusetts man to pay $25,000 in disgorgement and interest to end the U.S. Securities and Exchange Commission's claims against him over his role in TelexFree LLC's alleged pyramid scheme targeting immigrants in Brazilian and Dominican communities....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!