Traffic Monsoon @ BehindMLM

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…]

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

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

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’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.

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.

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…]

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…]

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…]

A common trait of multi-million dollar Ponzi schemes is a lack of independent accounting on the backend. Records are stored higgledy-piggledy and often riddled with errors and/or incomplete. Traffic Monsoon is no exception, with the Receivership currently sifting through millions of transaction records in an attempt to forensically piece together the business. While circumstances might change [Continue reading…]