Like most of you we weren’t really sure why a January 13th, 2021 date for distribution payments was set.
Turns out that was more of a deadline, following reports from multiple TelexFree victims of received payments.
Starting a few hours ago, TelexFree victims started to report having received emails confirming payment through PayPal.
In one
YouTube video
uploaded a few hours ago, a Brazilian TelexFree victim shares proof of a distribution payment from “TelexFree Liquidating Trustee”.
As above, the payment was made over PayPal on July 31st.
At this stage I can’t confirm whether payments across other mediums have been made (banks, other processors etc.).
For anyone who hasn’t received payment confirmation, double check you’ve provided accurate payment details in the claim portal.
We’ll keep you updated on any further developments.
Update 2nd August 2020 –
Bank payments also appear to have gone out in the US. Haven’t received confirmation on international bank transfers.
🤖 Quick Answer
What are TelexFree victims receiving in early recovery distributions?TelexFree victims are receiving early recovery distribution payments through various payment methods, primarily PayPal. Following a January 13th, 2021 deadline, payments began processing in late July, with victims reporting confirmation emails and documented transfers from the TelexFree Liquidating Trustee.
How can TelexFree victims verify their payment status?
Victims should check their email for payment confirmations and verify accurate personal and banking details were submitted in the claim portal. Payment confirmations have been primarily transmitted via email, with funds distributed through PayPal and potentially other payment processors and banking institutions.
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