In addition to being pursued by the SEC, TelexFree net-winner Faith Sloan also faced clawback litigation from the Trustee.

According to the Trustee, Sloan stole $710,319 from TelexFree victims.

Earlier this month we reported Sloan had
reached a settlement with the SEC
.

In light of that yet to be approved settlement, the Trustee and Sloan have separately reached a clawback settlement.

As per her
settlement with the TelexFree Trustee
, Sloan will turn over all funds held in a Bank of America account. How much is in the account has not been disclosed.

Sloan’s lawyer will also turn over $30,000 being held in escrow.

Sloan’s settlement with the SEC remains pending, with details yet to be made public.

Update 1st May 2019 – 
Sloan’s settlement with the TelexFree Trustee was approved on April 30th.

The stipulated SEC settlement remains pending.

Update June 5th 2019 – 
On June 3rd a
$778,455 final judgment order
was filed against Sloan.

🤖 Quick Answer

What was the settlement amount Faith Sloan agreed to pay the TelexFree Trustee?
The specific amount held in Sloan's Bank of America account was not disclosed. However, her lawyer agreed to turn over $30,000 held in escrow. The settlement required Sloan to surrender all funds in the account to compensate TelexFree victims from whom the Trustee claimed she had stolen $710,319.

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