Two UK Traffic Monsoon investors sue Scoville for half a million dollars
If Charles Scoville’s lengthy rants on Facebook are to be believed, Traffic Monsoon was not an investment opportunity.
Affiliates deposited $50 to receive website traffic, with absolutely no expectation they would eventually be paid more than they deposited. This despite Traffic Monsoon advertising a $55 ROI on every $50 deposit.
The picture Scoville paints is that of a united affiliate-base, content to wait and see how the SEC case against Traffic Monsoon plays out.
Inshallah, US securities law will be overturned, Ponzi schemes will be declared legal, the SEC case will be dismissed and Traffic Monsoon can continue to scam people through financial fraud.
Unfortunately two Traffic Monsoon affiliates have come forward to shatter Scoville’s fantasy, with separate lawsuits filed in the last 24 hours seeking over a half million dollars in damages.
Rizwan Puri and Pokhunduth Thoree are Traffic Monsoon investors from the UK.
On September 19th both men filed civil lawsuits against Traffic Monsoon and Charles Scoville.
Two separate complaints were filed in the Utah District Court and allege breach of contract.
Pokhunduth Thoree alleges that on the May 10th, 2016, he entered into a written contract with Charles Scoville and Traffic Monsoon.
was that for every ‘Advertising Pack’ purchased by the Thoree at the sum of $50 (Fifty US Dollars), Charles Scoville and Traffic Monsoon would pay Thoree the sum of $1 ( One US Dollar ) per day.
Thoree invested $138,850 into Traffic Monsoon as per the alleged written contract.
Rizwan Puri alleges that on December 23rd, 2015, he entered into a written contract with Charles Scoville and Traffic Monsoon.
The same contract as alleged by Pokhunduth Thoree is cited.
Puri invested $34,100 into Traffic Monsoon as per the alleged written contract.
Both plaintiffs are asking for a return of invested funds.
Thoree is also seeking:
- $2777 per day (ROI), calculated from 26th of July 2016 to the 19th of September (54 days)
- $120,000 “for emotional distress, anxiety, depression, insomnia, guilt and frustration”
- interest calculated at 8% of $408,808 owed daily
Puri is also seeking
- $682 per day (ROI), calculated from 26th July 2016 to the 19th of September (54 days)
- $100,000 “for emotional distress, anxiety, depression, insomnia, guilt and frustration”
- interest calculated at 8% of $170,928 owed daily
Puri also claims as a result of Traffic Monsoon’s failure to pay him a ROI as agreed upon, he was hospitalized for two days.
Certainly it seems both Pokhunduth Thoree and Rizwan Puri’s personal experience with Traffic Monsoon differs with Charles Scoville’s narrative.
Presumably both Thoree and Puri received low-quality traffic after they deposited funds with Traffic Monsoon. Where Thoree and Puri got the idea they’re entitled to a $55 ROI for every $50 spent is a mystery.
As to the future of Thoree and Puri’s lawsuits, typically civil actions filed amid regulatory shutdowns are eventually stayed.
The Receiver is charged with marshaling assets for distribution to victims of the scheme, with investors receiving a percentage of funds invested. Certainly not the whole amount and any additional claims are disallowed.
I don’t see things being any different in Traffic Monsoon but we’ll certainly keep an eye on the two cases.
On November 1st the SEC and Traffic Monsoon face off in court over the granting of a preliminary injunction. Stay tuned…