The infamous Site visitors Monsoon Ponzi scheme has been resurrected.
This time opportunistic scammers are hoping to fleece new victims by cryptocurrency.
Whereas the unique Site visitors Monsoon operated from a .COM area, the 2022 iteration operates from “trafficmonsoon.web”.
The .NET area was privately registered on June sixth, 2022.
The brand new Site visitors Monsoon web site is a freemium template from HTML Codex:
The Ponzi mannequin is straightforward; buyers make investments $1 in adpacks, one adpack equates to 1300 shares, every day returns are paid primarily based on what number of shares an affiliate has invested in:
- put money into 1300 to 3000 shares and obtain 10 cents a day
- put money into 3001 to 12,000 shares and obtain 25 cents a day
- put money into 12,001 to 93,150 shares and obtain $1 a day
- put money into 93,151 to 517,500 shares and obtain $4.50 a day
- put money into $517,501 to 2,794,500 shares and obtain $25 a day
- put money into 2,794,501 to 17,365,000 shares and obtain $135 a day
- put money into 17,365,001 to 38,000,000 shares and obtain $755 a day
Traders are required to click on adverts every day to qualify for returns. A 21% fee is paid on funds invested by personally recruited associates.
Like the unique Site visitors Monsoon, the reboot isn’t MLM.
Not like the unique Site visitors Monsoon, the reboot solicits funding in USD and varied cryptocurrencies.
The SEC shut down the unique Site visitors Monsoon, a $207 million greenback Ponzi scheme, in 2016.
Site visitors Monsoon founder Charles Scoville (proper), is in jail on tried little one sexual abuse costs. He has additionally been indicted for wire and tax fraud.
Scoville’s life is just about over so it’s unlikely he’s behind the brand new Site visitors Monsoon.
A random residential tackle within the Netherlands is supplied on Site visitors Monsoon’s web site. This i assumed to be meaningless.
Given the low-effort nature of Site visitors Monsoon’s reboot, it’s in all probability just a few opportunistic random trying to make a fast buck.
Whoever’s operating Site visitors Monsoon, they’re coordinating the Ponzi scheme by a shady Telegram group:
Telegram has earned a popularity for being synonymous with on-line fraud.
I don’t see this going anyplace however we’ll hold you posted on any vital developments.
