Carlos Wanzeler
Associated companies: TelexFree, Ympactus, Telex Mobile, TelexElectric
78Scam score
$3.4MDocumented losses
802Reported victims
Profile
Carlos Wanzeler is a Brazilian entrepreneur who co-founded TelexFree, one of the largest Ponzi schemes in history that defrauded investors of over $1 billion globally. He also operated related companies Telex Mobile and TelexElectric, which faced additional legal action and monetary judgments for investor losses.
Timeline
- 2012Co-founded TelexFree/Ympactus Ponzi scheme
- 2014TelexFree collapsed and was shut down by regulators
- 2014Fled to Brazil to avoid prosecution
- 2014Acre Brazil fined TelexFree $921,531 and ordered repayment to investors
- 2014$2.5M default judgment sought against Telex Mobile & TelexElectric operations
Frequently Asked Questions
- Who is Carlos Wanzeler?
- Carlos Wanzeler is a Brazilian entrepreneur who co-founded TelexFree, one of the largest Ponzi schemes in history that defrauded investors of over $1 billion globally. He also operated related companies Telex Mobile and TelexElectric, which faced additional legal action and monetary judgments for investor losses.
- What is Carlos Wanzeler's fraud risk rating?
- Carlos Wanzeler has a scam score of 78/100 (critical risk) based on open-source intelligence, regulatory records, and investigative reporting aggregated by ScamTelegraph.
- What companies is Carlos Wanzeler associated with?
- Carlos Wanzeler is associated with the following companies or entities: TelexFree, Ympactus, Telex Mobile, TelexElectric.
- How many investigations mention Carlos Wanzeler?
- ScamTelegraph has published 50 investigative articles mentioning Carlos Wanzeler, including: Brazilian court orders TelexFree (Ympactus) into bankruptcy; iX Global TRO dissolved, concerns about Dubai; Stuart MacMillan interim CEO of a “nonexistant business”.
Coverage on ScamTelegraph
- Brazilian court orders TelexFree (Ympactus) into bankruptcy
- iX Global TRO dissolved, concerns about Dubai
- Stuart MacMillan interim CEO of a “nonexistant business”
- James Merrill “regrets ever being associated” with TelexFree
- James Merrill guilty plea prompts TelexFree victim claim extension
- TelexFree civil stay of discovery granted, dismissals denied
- Merrill wants to delay criminal trial for three weeks
- Steven Chiang cops $3.3 million Nasgo fraud judgment
- $2.5M default judgment sought against Telex Mobile & TelexElectric
- 5 new money laundering charges against 15 TelexFree individuals
- Acre fines TelexFree $921,531, orders company pay back investors
- Ad Pack Pro criminal investigation stalls over freezing of evidence
- TelexFree owner arrested, criminal charges filed
- TelexFree bankruptcy denied, BBOM fraud thwarted
- Merrill: Carlos Wanzeler “fled” US to “avoid prosecution”
- EgoPay shutting down US operations
- TelexFree case in Brazil “resolved by mid 2014”
- EOW arrest state kingpin in ongoing Speak Asia case
- DoJ to gain control of TelexFree, Chapter 7 incoming?
- TelexFree communications registrations in jeopardy?
- Xu abandons WCM777 over regulatory heat
- TelexFree Trustee inches closer to Chapter 7 liquidation
- ListZap Review: $6 position recruitment scheme
- TelexFree lose 2nd bankruptcy case, Costa rages
- James Merrill denied bail, Carlos Wanzeler surfaces in Brazil
- SEC TelexFree investigation began in April 2013?
- TelexFree’s 12th appeal denied in Superior Court
- SEC: TelexFree is “disturbingly cult-like”
- SEC file “illegal pyramid scheme” case against TelexFree
- TelexFree exit strategy thwarted, millions recovered
- De La Rosa & Crosby preliminary injunction granted
- Gerry Nehra & i-Payout named in TelexFree class-action
- Massachusetts charge TelexFree as “billion dollar Ponzi”
- Update on Zeek Rewards net-winner clawbacks
- TelexFree Court Status – 24th April 2014
- TelexFree insiders try to cut prelim injunction deals
- Top Ugandan TelexFree affiliate arrested
- Wanzeler’s wife arrested, denied bail and “in tears”
- TelexFree officially support starvation protest
- Carlos Wanzeler “will definitely stay in Brazil”
- Judge: “Government has a strong case against TelexFree”
- Merrill and Wanzeler indicted for fraud and conspiracy
- SEC ask TelexFree bankruptcy be moved to Massachusetts
- TelexFree civil action case filed in Brazil
- TelexFree delay preliminary injunction hearing
- Carlos Costa: “God used me” to create TelexFree
- Solavei to work through bankruptcy on tight budget
- James Merrill out on bail
- TelexFree to release new compensation plan?
- TelexFree US investigation confirmed (again)