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Billion Dollar Fraud Goes Viral

Published 6 years, 6 months ago
Description

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)

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