In re Telexfree Sec. Litig.

• Processing and opening depository accounts;

• Receiving payments made by promoters of TelexFree to become members of the program;

• Maintaining depository accounts containing funds paid by promoters to TelexFree;

*73• Making payments to certain promoters as part of TelexFree's investment;

• Transferring funds paid by promoters of TelexFree among TelexFree entities, defendant founders' personal accounts, foreign companies, and shell companies; and

• Allowing TelexFree to use the banks' name in their promotional materials thereby lending TelexFree the use of their reputation and credibility.

With…