Traffic Monsoon Apologist Declares ‘Revenue Shares Matter’ Campaign With ‘RIOT’ As Slogan

Traffic Monsoon Apologist Declares 'Revenue Shares Matter' Campaign With 'RIOT' As Slogan

A former pitchman for the Traffic Monsoon “program” declared a Ponzi scheme by the SEC is using Facebook to promote a “Revenue Shares Matter Campaign.” This is occurring against the backdrop of three nights of civil unrest in Charlotte, N.C., after a police shooting of an African American man. The purported Revenue Shares Matter campaign, which […]

BULLETIN: Judge Extends TelexFree Claims Deadline

BULLETIN: Judge Extends TelexFree Claims Deadline

BULLETIN: At the request of Trustee Stephen B. Darr, U.S. Bankruptcy Judge Melvin S. Hoffman has extended the deadline to file TelexFree claims until Dec. 31, 2016, at 4:30 p.m. Prevailing Eastern Time. The deadline had been Sept. 26. Darr asked for the extension on Sept. 21. Why was the extension needed? “The Trustee has […]

Alleged 'Key Figure' In TelexFree Declares Bankruptcy

Alleged ‘Key Figure’ In TelexFree Declares Bankruptcy

UPDATED 1:05 P.M. EDT U.S.A. SEPT. 23 In April 2014, TelexFree declared corporate bankruptcy. Now, an alleged “key figure” in TelexFree being pursued by the court-appointed trustee has declared personal bankruptcy. Jay Borromei of Opt 3 Solutions Inc. filed his petition Sept. 13 in U.S. Bankruptcy Court for the Central District of California, according to […]

2 New Lawsuits Filed Against Traffic Monsoon

2 New Lawsuits Filed Against Traffic Monsoon

3RD UPDATE 4:21 P.M. EDT U.S.A. Two new lawsuits were filed yesterday in Utah federal court against Traffic Monsoon and Charles Scoville. The separate complaints allege breach of contract, with Rizwan Naseer Puri and Pokhunduth Vickash Thoree listed as the plaintiffs. The development appears to mark the first instances of private individuals suing Scoville and his company in a […]

Dawn Wright-Olivares Of Zeek Rewards Sentenced To 7.5 Years In Federal Prison

Dawn Wright-Olivares Of Zeek Rewards Sentenced To 7.5 Years In Federal Prison

BULLETIN: Dawn Wright-Olivares, the former COO of Zeek Rewards, has been sentenced to seven and one-half years in federal prison. The sentence was imposed by U.S. District Judge Max O. Cogburn Jr. of the Western District of North Carolina. The office of U.S. Attorney Jill Westmoreland Rose prosecuted Wright-Olivares for investment- and tax-fraud conspiracy. Daniel Olivares, […]

URGENT >> BULLETIN >> MOVING: Superseding Indictment Against TelexFree's Merrill and Wanzeler

URGENT >> BULLETIN >> MOVING: Superseding Indictment Against TelexFree’s Merrill and Wanzeler

UPDATED 4:21 P.M. EDT U.S.A. With trial set to begin on Oct. 24, an eye-popping superseding indictment has been returned in Massachusetts federal court against TelexFree figures James Merrill and Carlos Wanzeler. The indictment adds eight counts of engaging in monetary transactions in property derived from specified unlawful activity and includes a money-laundering forfeiture allegation. Merrill […]

Zeek Receiver Has $104K Judgment Against TrafficMonsoon Pitchman Now Pushing TrafficPowerline

Zeek Receiver Has $104K Judgment Against TrafficMonsoon Pitchman Now Pushing TrafficPowerline

On Oct. 14, 2015, the federal court clerk for the Western District of North Carolina signed a judgment of $104,743.55 against Adrian John Hibbert of Sully, United Kingdom. The judgment was in favor of Zeek Rewards’ receiver Kenneth D. Bell, records show. Bell had sued Hibbert and other U.K. residents in March 2015 for return […]

SINISTER: TrafficPowerline, A Ponzi-Board 'Program,' Threatens BehindMLM

SINISTER: TrafficPowerline, A Ponzi-Board ‘Program,’ Threatens BehindMLM

“The threat did not explain now a negative review on BehindMLM could be any worse than a fawning sales pitch on MoneyMakerGroup. ‘Programs’ that have appeared on that forum have caused billions of dollars in losses globally.” — PP Blog, Sept. 5, 2016 TrafficPowerline, a “program” whose thread-starter at the MoneyMakerGroup Ponzi forum has more than 4,700 posts, […]

DEVELOPING STORY: Possible Traffic Monsoon Data Breach

DEVELOPING STORY: Possible Traffic Monsoon Data Breach

DEVELOPING STORY: During its routine reporting today, the PP Blog observed information that strongly suggests a data breach occurred at Traffic Monsoon or within a sponsor’s organization — possibly in the summer of 2015. The SEC, which charged Traffic Monsoon and alleged operator Charles David Scoville of Utah last month with running a massive, cross-border […]

Zeek Receiver Establishes Victims' Email Address In Advance Of Sentencing Next Month For Dawn Wright-Olivares and Daniel Olivares

Zeek Receiver Establishes Victims’ Email Address In Advance Of Sentencing Next Month For Dawn Wright-Olivares and Daniel Olivares

2ND UPDATE 12:53 P.M. EDT U.S.A. With sentence court set next month for Zeek Rewards’ figures Dawn Wright-Olivares and Daniel Olivares, Zeek receiver Kenneth D. Bell has established an email address for victims who wish to tell their story to the court. “Victims of these offenses are entitled to be heard at sentencing,” Bell wrote […]

SEC Declines Comment On Whether It Contacted Traffic Monsoon Pitchman Sunil Patel About Saturday Rally In England

SEC Declines Comment On Whether It Contacted Traffic Monsoon Pitchman Sunil Patel About Saturday Rally In England

Traffic Monsoon pitchman Sunil Patel has promised “security” at a “Revolution Day” rally Saturday in the area of Brighton Beach/Brighton Pier in England to advocate for the alleged Ponzi scheme. In a video post today on Facebook, Patel claimed the SEC has contacted him about the event. The SEC this afternoon declined to comment on […]