One TelexFree Owner Arrested in Worcester

TelexFree is based in Marlborough.
TelexFree is based in Marlborough. –Matthew J. Lee, The Boston Globe

One of TelexFree’s co-owners has been arrested in Worcester, the Boston Globe reports.

James Merrill, whose Marlborough-based company is alleged to have run a global $1 billion pyramid scheme, was arrested by Homeland Security agents today.

Authorities also have a warrant out for Merrill’s business partner, Carlos Wanzeler. However, they said earlier this week that they believe Wanzeler has fled to Brazil.

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