Universal Private Banking was apparently an HYIP that's not even registered as a corporation though it used a Mass PO Box.

Universal Private Banking Review: An MLM bank? | BehindMLM

There's a report that TelexFree allegedly started using this entity to pay its affiliates, but nothing came of it (it's in the comments section at BehindMLM link above)

However, I got an anonymous commenter who claimed that the unknown scammer behind UPB is none other than "Top TelexFree Promoter" Sann Rodriguez.

It would fit the profile. Sann Rodriguez lives and "worked" in the same area.

I've previously raised the question if Sann Rodriguez is really a top promoter, or was he a "hidden owner" that actually hold co-owner or minority owner status with Wanzeler and Merrill. Wanzeler brought DiskAvontade to the table, Merrill got Common Cents, and Rodriguez brought Universal FoneClub.

Universal... Hmmm... If this is a coincidence, this is an awfully convenient one.