The Brazilian Sanderley Rodrigues de Vasconcelos, one of the multimillion scam investigated in the global financial pyramid Telexfree, was arrested Monday in Boston at the request of the Brazilian justice.
Rodrigues, 43, was to be released in federal court in Boston, prosecution spokeswoman Elizabeth McCarthy said, but authorities held him for a warrant from Brazil.
A federal judge in Brazil investigates Rodrigues for his role in the case Telexfree. The company, which filed for bankruptcy in April last year, had its headquarters in Marlborough, a suburb in the central region of Massachusetts, and captured thousands of Brazilian and Hispanic immigrants in the United States and spread to Brazil, Dominican Republic and other Latin American countries.
In a telephone conversation with The Associated Press Guilherme Helmer, chief of the federal police in the state of Espirito Santo in Brazil, he confirmed the arrest warrant Rodrigues.
The federal justice of Espirito Santo, which investigates his role in Telexfree, when Rodrigues ordered his arrest violated the prohibition to leave Brazil. Rodrigues had come to Sao Paulo in February to promote a new pyramid under the name iFreex.
“Despite the ban Rodrigues left Brazil and traveled to the United States,” Helmer said.
Rodrigues, who was arrested on 16 May at the Boston airport on his return from a trip to Israel, remain in the custody of judicial authorities, McCarthy said. Last Friday, US District Judge Marianne Bowler authorized his release under house arrest and electronic monitoring after Rodrigues posted bail of $ 200,000.
The trial of Rodrigues in Boston is immigration fraud. According to court documents, Rodrigues won a green card in 2012 by deception to hide who resided illegally in the country between 2003 and 2006. The maximum penalty for lying to immigration officials is 10 years in prison.
Although the case has no connection with the investigation of the financial pyramid, Telexfree shadow weighed heavily in this process, according to Joseph Hennessy, representing Rodrigues in the trial for immigration fraud.
“The authorities tried to use this process to accumulate advantages in the case of Telexfree,” Hennessy said.
Boston Federal prosecutors investigating Rodrigues Telexfree and other executives for fraud and conspiracy against more than 700,000 investors who lost more than 1,000 million.
The prosecution alleges that Telexfree was a “money machine” for executives of the company to operate as a pyramid not selling an actual product and depended on the recruitment of new members to pay exorbitant profits promised.
Telexfree owner, James Merrill, is under house arrest and Carlos Wanzeler, the other owner of the company, he escaped to Brazil where his whereabouts are unknown.
According to prosecutors, Rodrigues was the biggest promoter Telexfree and received three million company with which he bought luxury cars: a Lamborghini, a Ferrari and two Mercedes Benz.
It is not the first time that Rodrigues is involved in financial fraud investigations.
In 2007 he was sanctioned by the Securities and Exchange Commission of Massachusetts for operating a Ponzi scheme, similar to Telexfree, who made three million dollars and duped more than 1,500 investors, most Brazilian immigrants in the Boston area.
On that occasion Rodrigues was forced to give 1.8 million dollars in illegal profits were obtained and authorities banned him permanently sell securities.
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