Billion Dollar Fraud Goes Viral
Promising enormous returns on a "work from home" opportunity selling their TelexFree phone service, Carlos Wanzeler and James Merrill entice close to one million people around the world to spend, and then lose an extraordinary $1.7 billion in the largest pyramid scheme ever prosecuted in the US. (Original television broadcast: 06-25-2018) Want to binge watch your Greed? The latest episodes at: https://www.cnbc.com/american-greed/
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Show Notes
Promising enormous returns on a "work from home" opportunity selling their TelexFree phone service, Carlos Wanzeler and James Merrill entice close to one million people around the world to spend, and then lose an extraordinary $1.7 billion in the largest pyramid scheme ever prosecuted in the US.
(Original television broadcast: 06-25-2018)
Want to binge watch your Greed? The latest episodes at: https://www.cnbc.com/american-greed/
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