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The Boston Globe

Business

Galvin charges phone-service company with $90m fraud

They were recruited at churches and by word-of-mouth from Brazilian immigrant neighborhoods in the Boston area to Europe, Australia, and South Africa. In the end, TelexFree Inc. allegedly lured thousands of people to invest in what regulators call a billion-dollar pyramid scheme.

Secretary of State William F. Galvin on Tuesday accused the Marlborough marketer of Internet telephone service of luring Massachusetts residents to invest $90 million in the scheme, targeting primarily Brazilian immigrants in a fraud.

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