Sections
Shortcuts
Business

Secretary Galvin charges Marlborough phone-service marketing company with $90 million fraud

Secretary of State William Galvin
Secretary of State William GalvinJessica Rinaldi for The Boston Globe

This is a summary. To read the whole story subscribe to BostonGlobe.com

They were recruited at churches and by word of mouth, from Brazilian immigrant neighborhoods in the Boston area to Portugal, Australia and South Africa. In the end, TelexFree Inc. lured thousands of people to invest in what regulators are calling a billion-dollar pyramid scheme.

Secretary of State William F. Galvin on Tuesday charged the Marlborough-based marketer of online phone service with running a billion-dollar pyramid scheme, and luring Massachusetts residents to invest $90 million.

Full story for BostonGlobe.com subscribers.

Get the full story with unlimited access to BostonGlobe.com.

Just 99 cents for four weeks.

Sections
Shortcuts

Share