Archive for May 2017

Proposed Class Action Alleges Traffic Monsoon’s Scoville Told PayPal He Was In ‘Investments’ Business

Proposed Class Action Alleges Traffic Monsoon's Scoville Told PayPal He Was In 'Investments' Business

In the aftermath of the SEC’s securities-fraud action against him last year and a judicial ruling this year that he was opertaing a Ponzi scheme, Traffic Monsoon’s Charles Scoville has blanketed social media with claims he was not offering investments. But Scoville told PayPal that “Traffic Monsoon’s business was “Investments – general” when he opened […]

Zeek’s Paul Burks Now In Federal Custody

Zeek's Paul Burks Now In Federal Custody

Paul Burks, the 70-year-old operator of the Zeek Rewards Ponzi scheme, now is listed as prisoner No. 29723-058 at FMC Lexington. The facility is an administrative security federal medical center with an adjacent minimum security satellite camp in Lexington, Ky. After being sentenced in February to more than 14 years, Burks was ordered to report to […]