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Schemes ruled on in United States, Brazil
TelexFree
United States, Brazil · About two years to April 2014, according to the US Attorney's Office · losses The US Attorney's Office said about 1,855,000 participants lost money, with total losses of about $3,045,000,000, and that at its April 2014 bankruptcy TelexFree owed about $6 billion to participants but had about $120 million on hand.