Following suspicion that the house Fabio Wanzeler’s Florida house had been purchased with stolen TelexFree Ponzi funds, last December the DOJ
requested a restraining order
 against the property.

The DOJ were concerned that if James Merrill and Carlos Wanzeler were convicted, steps might be taken to sell or transfer the property to obfuscate links to TelexFree.

Based on evidence submitted by the DOJ, a restraining order against the property.

The granted restraining order prohibits Carlos Wanzeler and his family from ‘removing, transferring, dissipating, alienating, encumbering or otherwise disposing’ of the Palm Beach property.

There is reasonable cause for entry of this order.

The (DOJ) have established probable cause that the Cape Delabra Court Property sought to be restrained would be subject to forfeiture to the United States upon the Defendants’ convictions.

The court further concludes that a Restraining Order is necessary to preserve the available of the Cape Delabra Court Property for forfeiture in the event of the Defendants’ convictions.

2017 hasn’t been a good year for Carlos Wanzeler so far. The
arrest of one of his accomplices
last month saw him lose over $20 million dollars.

Millions more remain unaccounted for but are believed to still be in the United States. It’s probably only a matter of time before the DOJ lock down those funds too.

James Merrill, Wanzeler’s co-conspirator in the Telexfree Ponzi scheme, is up for sentencing on March 2nd.

Stay tuned…

Footnote: 
Don@ASDUpdatesOur thanks to for providing a copy of Judge Hillman’s January 23rd Restraining Order.

🤖 Quick Answer

Why was a restraining order placed on Fabio Wanzeler's Florida property?
The Department of Justice obtained a restraining order against the Palm Beach property in December, citing suspicion that it was purchased with proceeds from the TelexFree Ponzi scheme. The DOJ sought to prevent potential sale or transfer of the asset by Carlos and James Wanzeler pending criminal trial conclusion.

What restrictions does the restraining order impose?
The court order prohibits Carlos Wanzeler and family members from removing, transferring, dissipating, alienating, encumbering or disposing of the property in any manner, effectively freezing the asset pending resolution of the TelexFree fraud investigation and related criminal proceedings.

🔗 Related Articles

- TelexFree civil stay of discovery granted, dismissals denied
- TelexFree delay preliminary injunction hearing
- TelexFree mattress money mule sentencing delayed to February, 2018
- TelexFree’s Carlos Wanzeler to be extradited to US
- Carlos Wanzeler “will definitely stay in Brazil”