John Henry Ramirez Reynoso, leading the Dominican Republic's investigation into TelexFree, confirmed suspicions of a Ponzi scheme. The Technology Crimes Division of the Attorney General began scrutinizing the company's local activities about a month ago, following reports from Brazilian media.

Reynoso told iG that a Ponzi scheme was the primary concern when TelexFree first arrived in the country. "We are doing our research," he stated, "where does TelexFree come from? What do they produce? What do they sell?" Investigators are working to understand the company's full operational scope.

The exact number of TelexFree affiliates in the Dominican Republic remains unknown. However, financial analyst Alejandro Fernandez, managing partner of Betametrix, estimates the figure at "tens of thousands." Fernandez reported receiving threats from a local TelexFree affiliate earlier this year after publicly labeling the company a Ponzi scheme.

Dominican Republic residents account for the ninth-highest number of visitors to TelexFree's website globally. The company's site ranks as the 81st most visited nationally within the country. The United States and Brazil combined make up an estimated 34% of all traffic to TelexFree's online presence.

Meanwhile, TelexFree recently held a cruise ship event in Brazil, despite a court order. The order prohibited the company from recruiting new affiliate investors or paying out existing ones. Company owner Carlos Costa reportedly spoke at the event.

TelexFree also released a new logo. The previous logo was found to be copied from a 2010 Badminton Championship design. The new logo has not yet appeared on TelexFree's main website but is visible on its Facebook page.

The company now refers to itself as "TelexFree International," a move that appears designed to distance itself from the ongoing legal difficulties in Brazil.