Back in April the TelexFree Trustee went on a clawback rampage and sued a ton of insiders and merchants.

Carlos Wanzeler, his family, Gerry Nehra and his law firm, Nehra and Waak were just four of the parties the Trustee is attempting to recover millions of dollars from.

Responses to the Trustee’s lawsuits are starting to emerge. In Wanzeler and Nehra’s respective lawsuits, they’ve denied all allegations and demanded a jury trial.

Wanzeler and his family stand accused of stealing over 4 million dollars through TelexFree.

In their response, the Wanzeler’s either deny the allegations made against them, or claim they ‘
lack knowledge and information sufficient to form a belief as to the truth of the allegations
‘.

WHEREFORE, having fully answered Plaintiff’s Complaint, Defendants request that it be dismissed with prejudice; that judgment be entered for Defendants; and that Defendants be awarded his costs, expenses and attorneys’ fees herein.

DEFENDANTS DEMAND A TRIAL BY JURY.

Yeah, you’re that right – not only does Wanzeler, a
fugitive
hiding out in Brazil, want the Trustee’s lawsuit against him dismissed, he expects TelexFree victims to pay his legal fees.

Gerry Nehra and Nehra and Waak were hired by TelexFree, among other things, to go around the internet and
claim the company was legitimate
.

Gerry Nehra
personally
 gave his
legal blessing
to the company at a TelexFree event held in 2013.

The Trustee is suing Nehra for $23,975.

Seems to me the smart thing to do would be to acknowledge you got caught out promoting a Ponzi scheme (
again
), pay back what you were paid and try to salvage what’s left of your battered legal reputation.

Instead, Nehra and his law firm have filed a response again outright denying allegations or claiming “insufficient knowledge”.

Through nine affirmative defenses, Nehra claims his conduct didn’t “injure” TelexFree, and that the company received “reasonably equivalent value” for the money they paid him.

If TelexFree sustained any damages as alleged in the Complaint, which Nehra denies, such damages were caused by TelexFree’s own conduct or the conduct of third parties for which Nehra is not liable.

Pay a lawyer to go around proclaiming you’re not a Ponzi scheme, and then get
shut down
for being a
$3 billion dollar Ponzi scheme
.

Bit of a strange definition of “value” if you ask me.

Nehra hereby asserts its right to formally request a trial by jury on all issues presented in this matter, including but not limited to those issues identified in Debtors’ Complaint and Nehra’s Answer and Affirmative Defenses.

Nehra does not consent to a jury trial conducted by the bankruptcy court.

Nehra’s refusal to pay back TelexFree victims appears to be based on principle rather than logic.

Quite obviously it’s going to cost Nehra and Nehra & Waak over $20 thousand to defend the suit.

And the probability of a win?

You’ve got the DOJ suing TelexFree’s owners, the SEC suing the company, management and top inves

🤖 Quick Answer

What clawback actions did the TelexFree Trustee initiate in April?
The TelexFree Trustee filed lawsuits against multiple insiders and merchants, including Carlos Wanzeler and his family, attorney Gerry Nehra, and his law firm Nehra and Waak, seeking to recover millions of dollars allegedly obtained through fraudulent TelexFree operations.

How did Carlos Wanzeler respond to the clawback allegations?
Wanzeler and his family denied the allegations or claimed insufficient knowledge to assess their truthfulness. They requested a jury trial in their response to the Trustee's complaint seeking recovery of over four million dollars.

What legal strategy did Gerry Nehra employ in his defense?
Gerry Nehra and his law firm denied all allegations presented by the Trustee in the clawback lawsuit and demanded a

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