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In Peru, Christopher Loaiza Salazar was found guilty of TelexFree fraud.

Salazar and “some of his relatives” were convicted of aggravated fraud as a result of a TelexFree-related criminal action that began in 2016.

Salazar now seeks to have his conviction overturned because individuals he conned did or should have filed a claim with the Trustee.

On May 24, Salazar filed a financial records request with the TelexFree Trustee.

Salazar hired three TelexFree promoters who are the subject of the records sought.

Cardenas, Marcia Cecilia; Alvarez, Marcia Cecilia; Alvarez, Marcia Cecilia; Carden

Condori, Maria Elena Callapina; Condori, Maria Elena Callapina; Condori, Maria Elena Call

Condori, Jose Antonio Callapina José Antonio Callapina José Antonio Callapina José Antonio Call

Salazar described his recruits as “voluntary” TelexFree Ponzi scheme participants.

Salazar’s recruits claimed in their criminal case that Salazar and his family had misled them.

Salazar kept cash invested by those he recruited as the foundation for this. TelexFree fraudsters used to do this all the time since it allowed them to get a quick payout without having to go through TelexFree.

Scammers would construct accounts and move internal balances (that didn’t exist) to represent the sums their recruits had invested to deceive the people they had recruited.

Peruvian officials requested financial information on Salazar’s recruits from the DOJ as part of their probe.

Tania Rocio Delgado Monge, a fourth recruit and complaint, was placed in a match as a result of this.

Monge was excluded as a complainant in Salazar’s criminal prosecution because of the information given by the DOJ.

Tania’s proper course of action was to file a proof of claim form and get any compensation she was due under the approved Plan.

Salazar claims that his victims are wrong to file a criminal case against him. Instead, they should have gone via the Trustee’s victim-claims process.

The fact that Monge’s name appears in bank documents shows she did.

Salazar insists that documents for Alvarez and the Condoris exist, implying that their names were misspelled.

Salazar was shocked that Marcia, Maria, and Jose were not also expelled from the Peruvian criminal justice system for the same reason that Tania was.

They should have been recognized as registered participants, the cash supplied on their behalf should have been documented in the TelexFree records, and their only recourse should have been to file a proof of claim form, as Tania did.

Salazar believes that the complete names of Marcia, Maria, and Jose were likely typed into the spreadsheets sent with the DOJ letter on April 6th, with misspellings usual when translating Spanish to English.

Salazar believes that additional information must exist in TelexFree’s books and records to prove that they were registered with TelexFree, that the funds in question were delivered to TelexFree (and not diverted by Salazar), and that they each had the opportunity to file a proof of claim for their losses.

Salazar believes he will be able to find Avarez and the Condoris knowledge if they can be discovered.

prosecute the appeal of his Peruvian conviction, for which he is now facing a lengthy jail sentence.

Salazar’s move has received no opposition from the Trustee, DOJ, or SEC. The petition motion is still awaiting a response.

TelexFree was barred from functioning in Peru in 2013 by the Peruvian Superintendency of Banking and Insurance. The Ponzi scam was promoted as part of this.

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