Articles under ‘Traffic Monsoon’:

Scoville attempts to delay Traffic Monsoon case with appeal merger

About a week before oral arguments were heard in the original preliminary injunction appeal, Charles Scoville filed a second appeal. Following the filing of a motion requesting both appeals be merged or his second appeal stayed, it appears the plan is to further delay proceedings.

Second Traffic Monsoon preliminary injunction appeal filed

Charles Scoville has filed a second Traffic Monsoon appeal which, unless I’m missing something, seems to be completely pointless. Granted the first appeal is widely seen as just an attempt to delay the inevitable, it’s still valid in the sense a defendant can exhaust all defenses available. This second appeal doesn’t seem to serve any [Continue reading…]

Traffic Monsoon victim claims portal on the horizon (clawbacks too)

The latest Traffic Monsoon Receiver’s quarterly report suggests that a victim claims portal might not be too far off.

Traffic Monsoon Receivership order slightly amended

Following a request for briefings on the duties and powers of the appointed Traffic Monsoon Receiver, an amended order has been filed.

Traffic Monsoon appeal arguments scheduled for March 21st

Just a quick update on the Traffic Monsoon appeal, following arguments from both parties to be heard scheduled for March 21st. Both the SEC and Scoville have acknowledged the date, so barring any unforeseen events between now and then the hearing should take place.

Traffic Monsoon Receiver’s role in appeal under question

Traffic Monsoon’s injunction appeal appears to have hit a roadblock. The issue at hand is the role of the Receivership and to what extent the Receiver can represent Traffic Monsoon in the appeals process.

Traffic Monsoon Receiver recovers $4.3 million from Allied Wallet

On November 29th the Traffic Monsoon Receiver filed her Third Stats Report. In it the Receiver revealed over $4.3 million has been recovered from Allied Wallet.

Traffic Monsoon investor Paypal case stayed

Kingsley Ezeude and Chukwuka Obi respectively invested $2216 and $2238 into the Traffic Monsoon Ponzi scheme. Back in May the pair sued PayPal, alleging PayPal as aware that Traffic Monsoon was operating a Ponzi/pyramid scheme and that Traffic Monsoon was commingling investor money and paying existing investors with new investors’ money, in obvious Ponzi/pyramid scheme [Continue reading…]

Scoville addresses SEC, mixes religion with Ponzi scamming

I don’t profess to have familiarity with every religion on Earth. But as I understand it, with the exception of perhaps a few outliers, not stealing from people is a general rule accepted in most religions. This makes Charles Scoville’s latest religious themed rants on Facebook all the more bizarre. Put simply: How you going [Continue reading…]

Traffic Monsoon Receiver seeks to file amicus brief in appeal case

With both Charles Scoville’s and the SEC’s briefs filed in the Traffic Monsoon appeal case, Scoville now has the option of filing a reply brief. On October 20th Scoville requested an extension of time to file his reply, which was granted later the same day. The court gave Scoville until November 13th to file his [Continue reading…]