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Private company

Telexfree

Logo: http://www.telexfree.com/ ( https://web.archive.org/web/20160104045538im_/http://telexfree.com/logo.png ), Non-free logo, via Wikipedia3

American multi-level marketing company

Telexfree (stylized as TelexFREE), a trade name owned by Telexfree Inc., was a multibillion-dollar Ponzi scheme disguised as an internet phone service company. Prosecutors have described it as the largest fraud of all time in terms of the number of people affected - more than 1 million, with victims in various countries.2 It was founded by James Merrill.1 It ceased to exist in 2014.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Feb 2, 2012Founded1

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Telexfree (stylized as TelexFREE), a trade name owned by Telexfree Inc., was a multibillion-dollar Ponzi scheme disguised as an internet phone service company. Prosecutors have described it as the largest fraud of all time in terms of the number of people affected - more than 1 million, with victims in various countries.2

The story

Founded by James Merrill on Feb 2, 2012.1

Leadership

Who has led Telexfree, and when. Pick a name to see everywhere that person has worked.

Timeline

  1. Apr 13, 2014Dissolved Dissolved1
  2. Feb 2, 2012Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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