TelexFree Victims Win Initial OK Of $95M TD Bank Deal – Law360

By Katryna Perera (October 3, 2023, 8:54 PM EDT) — A Massachusetts federal judge has given the first green light to a $95 million settlement between TD Bank and the victims of the $3 billion TelexFree Ponzi scheme after the consumers told the court that the deal was more than twice the $47 million worth of TelexFree-related deposits processed by TD Bank throughout the alleged scheme….