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TelexFree Scheme Took In $1B From 1.9M Investors: Trustee

By Kurt Orzeck (March 2, 2015, 8:19 PM EST) -- The Chapter 11 trustee for TelexFree LLC told a Massachusetts federal bankruptcy court on Friday that the accused Ponzi scheme amassed roughly $1.03 billion from nearly 1.9 million investors in a two-year span preceding the internet phone company's bankruptcy....

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