PatrickPretty.com

Tag: Dorsey & Whitney

  • EDITORIAL: Traffic Monsoon Apologist Goes All-Trump, Calls Receiver ‘Piggy’ And ‘Lying Cow’

    trafficmonsoonlogoUPDATED 3:51 P.M. EDT U.S.A. Peggy Hunt, a partner at Dorsey & Whitney in Salt Lake City, is the court-appointed receiver in the SEC’s Ponzi- and securities-fraud case against Traffic Monsoon and Charles David Scoville. Her impressive Dorsey bio says she has worked in the areas of bankruptcy and receivership law for more than 25 years and has served as “lead counsel to trustees and equity receivers appointed in some of the largest Ponzi and securities fraud cases in Utah.”

    In a section on some of her professional and civil involvement, the firm notes “Peggy is passionate about advancing the status of women and girls in Utah. She co-founded and currently chairs the Utah Women’s Giving Circle of the Community Foundation of Utah, is President of the Utah Women’s Forum, and is a former President of Women Lawyers of Utah.”

    But to Traffic Monsoon apologist Jose Nunes, Hunt, an officer of the court for close to three decades, is “Piggy,” a “[b . . . h” and a “Lying cow.”

    These descriptors naturally reminded us of some of the things Donald Trump has said about women. Remarkably, Nunes took to Facebook to disparage Hunt just this past weekend, the same weekend Trump again was battling assertions that he is a misogynist.

    Like Trump, Nunes may have a defective filter of some sort. The Traffic Monsoon huckster earlier came up with a “Revenue Shares Matter” campaign with a slogan of “RIOT.”

    Such cluelessness is hardly unprecedented in the so-called revshare sphere. AdSurfDaily was a purported “advertising” program similar to Traffic Monsoon.

    When the U.S. Secret Service raided ASD in 2008, operator Andy Bowdoin responded by comparing the agency to “Satan” and the 9/11 terrorists.

    Some ASDers circulated a “prayer” calling for prosecutors to be struck dead.

    When a receiver was appointed in the Zeek Ponzi case, Zeek apologists immediately launched verbal attacks against the receiver. One Zeeker suggested almost immediately that the receiver was guilty of a felony.

    It is all a steaming pile.




  • Some Traffic Monsoon Promoters Are Zeek Clawback Defendants

    trafficmonsoonlogoUPDATED 11:51 A.M. EDT U.S.A. Zeek Rewards’ receiver Kenneth D. Bell had no comment this morning on reports that some Zeek clawback defendants also were participants in Traffic Monsoon, alleged last week by the SEC to have been a Ponzi scheme that had gathered at least $207 million.

    The reports appeared on RealScam.com.

    In March 2015, Bell sued Adrian Hibbert of the United Kingdom, alleging he had received more than $82,000 in Ponzi proceeds from Zeek. Zeek was charged with fraud by the SEC in August 2012.

    Another Zeek promoter listed by Bell as a winner in that scheme — Frank Calabro Jr. of the United States — also promoted Traffic Monsoon. Bell has expressed concern about online pitchmen moving from one fraud scheme to another.

    “Winnings” from MLM or direct-sales fraud schemes may be subject to return through clawback litigation.

    Both Zeek and Traffic Monsoon were purported “revenue sharing” programs. Paul Burks, the operator of Zeek Rewards, potentially faces a long prison term after his conviction earlier this month on multiple fraud counts.

    On July 26, the SEC civilly charged alleged Traffic Monsoon operator Charles Scoville of Utah with fraud. He has not been charged criminally and is believed to be residing overseas.

    Peggy Hunt of the Salt Lake City office of the Dorsey & Whitney law firm has been appointed receiver over Traffic Monsoon. Neither she nor the firm responded immediately this morning to a request for comment on the issue of common promoters between Traffic Monsoon and Zeek.

    The law firm confirmed to the PP Blog last week that there would be a receivership website for Traffic Monsoon, but the site was not yet live. The URL has not been released.

    Some Zeek clawback defendants also were participants in the AdSurfDaily Ponzi scheme. ASD was a “program” similar to Traffic Monsoon broken up by the U.S. Secret Service in 2008 in a highly publicized action.

    In U.S. domestic clawback litigation and in cases filed against non-U.S. residents, Bell has sued thousands of alleged Zeek winners for return of their gains and interest.

    Hunt’s plans with Traffic Monsoon are unclear.

    Hibbert appears also to have a page promoting the “My Advertising Pays” scheme.  MAPS, as it is known, has caught the attention of class-action attorneys involved in litigation against the TelexFree scheme broken up by the SEC and the U.S. Department of Homeland Security in 2014. The litigation also includes Zeek figures.

    TelexFree and Zeek may be the two largest combined Ponzi- and pyramid schemes in history, generating on the order of $4 billion in illicit, cross-border business and affecting hundreds and hundreds of thousands of people.

    The MAPS’ page attributed to Hibbert claims that MAPs operator Mike Deese “has been in the trenches with Zeek, ASD, Banners Broker, Ad Hit Profits, and many other advertising revenue sharing companies some of which continue to thrive and some that are not.”

    AdHitProfits also was a Scoville scheme. BannersBroker was a cross-border fraud that led to arrests in Canada.

    Separately, the Zeek page attributed to Hibbert claims, “If you want to make money and get paid everyday, you have to look at Zeek Rewards and understand how it works.”

    The SEC and federal prosecutors in the Western District of North Carolina said Zeek worked as a Ponzi scheme.

    Visit the TrafficMonsoon thread at RealScam.com.