WORCESTER – James M. Merrill, president of the TelexFree Inc. pyramid scheme that ensnared victims worldwide, pleaded guilty Monday to charges of wire fraud and conspiracy.Merrill, 55, of Ashland, changed his plea from not guilty just one day before jury selection was scheduled to begin in his trial in U.S. District Court.During a 43-minute hearing before Judge Timothy S. Hillman, Merrill pleaded guilty to eight counts of wire fraud and one count of conspiracy to commit [...]
↧