Traffic Monsoon

No reviews yet
Founded2014
HeadquartersMurray, Utah
Trust Score20/100
Views74

About Traffic Monsoon

Traffic Monsoon is a defunct MLM company that operated a Ponzi scheme, founded in 2014 by Charles David Scoville in Murray, Utah.

The company sold 'AdPacks' for $50 each, claiming a 55% return by clicking on ads from other customers. However, this model relied heavily on new investors, raising over $207 million from more than 162,000 people worldwide.

In 2016, the SEC stepped in, alleging fraud and freezing Traffic Monsoon's assets. With a trust score of only 20/100, it’s clear that this network marketing venture is anything but legit.

Pros and Cons

✓ Pros

  • Low initial investment
    You can start with a small amount, making it accessible to many.
  • Flexibility
    You can work from anywhere and set your own hours.
  • Community support
    There are forums and groups where members share tips and encouragement.

✗ Cons

  • High risk of losing money
    Traffic Monsoon has been labeled a Ponzi scheme, which means most people lose their investments.
  • Legal troubles
    The SEC filed a $207M enforcement action against them, indicating serious legal issues.
  • Shut down history
    They were shut down in 2016, which raises red flags about their legitimacy.
  • Low trust score
    With a trust score of 20/100, many people have serious doubts about its operations.
Verdict: I'd tell a friend to stay away from Traffic Monsoon. The risk is just too high, and the legal issues are a major warning sign.

Best for: This might appeal to risk-takers who are okay with potential losses, but most people should steer clear.

Risk Analysis

Traffic Monsoon has significant red flags, including allegations of operating as a Ponzi scheme and a major SEC enforcement action. The company has been shut down and faced serious legal issues, making its risk profile critical.

Key Concerns

  • Allegations of Ponzi scheme critical
    SEC filed a complaint claiming Traffic Monsoon operated a Ponzi scheme, misleading investors.
  • SEC enforcement action critical
    In 2016, the SEC took action against Traffic Monsoon, leading to its shutdown.
  • $207 million scheme critical
    The company's operations were described as a $207 million fraudulent scheme by the SEC.
Consumer Advice: If you're considering joining Traffic Monsoon, be extremely cautious. The risk of losing your investment is high, given the serious legal troubles and allegations against the company.

Frequently Asked Questions About Traffic Monsoon

Is Traffic Monsoon a legitimate MLM company?

Traffic Monsoon is not considered a legitimate MLM company. It has been labeled a Ponzi scheme by the SEC and was shut down in 2016 after a $207 million fraud investigation.

What products does Traffic Monsoon sell?

Traffic Monsoon promotes advertising services, like website traffic and ad packs. However, many people have raised concerns about the actual value of these products, especially since the company's focus seemed more on recruitment than on selling legitimate services.

How much can you make with Traffic Monsoon?

Earnings from Traffic Monsoon can be misleading. While some claim to make money through ad packs, most participants end up losing their investments due to the unsustainable business model.

Are there complaints about Traffic Monsoon?

Yes, there are numerous complaints about Traffic Monsoon. Many members reported losing money, and the SEC's actions highlight serious concerns regarding fraud and misleading practices.

What is the compensation plan for Traffic Monsoon?

Traffic Monsoon's compensation plan revolves around buying ad packs and recruiting others. However, it's been criticized for being unsustainable and primarily rewarding those at the top.

What is the cost to join Traffic Monsoon?

Joining Traffic Monsoon typically requires purchasing ad packs, which can start at $5 each. However, given the company's history and risk level, many experts advise against investing any money.

What is Traffic Monsoon's BBB rating?

Traffic Monsoon currently has a BBB rating of 'F'. This low score reflects numerous complaints and the company's shutdown due to regulatory issues.

Is Traffic Monsoon worth joining?

Based on its critical risk level and trust score of 20/100, Traffic Monsoon isn't worth joining. The potential for loss and the company's troubled history make it a risky choice.

What are some alternatives to Traffic Monsoon?

If you're looking for legitimate income opportunities, consider more established MLM companies like Amway or Avon. Just make sure to do your research and understand their business models before diving in.

Compensation Plan

Compensation Plan Overview

Traffic Monsoon operates in the online advertising niche, which is not uncommon for MLM companies. Typically, these companies promise distributors a chance to earn money by selling advertising services or products and recruiting others to join.

While specific details about Traffic Monsoon's compensation plan are hard to come by, most MLMs in this space have a few common structures:

  • Retail Commissions: Distributors earn a percentage of sales from direct customers.
  • Recruitment Bonuses: When you bring someone into the business, you may receive a bonus or commission based on their initial purchase or investment.
  • Residual Income: This is where you earn ongoing commissions from sales generated by your recruits or downline.
  • Rank Advancement: Many companies have ranks that you can achieve based on sales volume or recruitment. Higher ranks often come with better compensation and bonuses.

When looking into an MLM compensation plan, especially one like Traffic Monsoon that has raised significant red flags, consider asking:

  • How do commissions work? Are they based on sales, recruitment, or both?
  • What’s the percentage of sales that actually goes to distributors?
  • Are there any fees to join or maintain your status?
  • What are the requirements to earn bonuses or advance in rank?
  • How does the company plan to sustain its business model long-term?

Always remember to verify any compensation plan details directly with the company. Given the critical risk level and trust score of 20/100, it's wise to proceed with caution.

Trust Score

20
/ 100
Critical Risk
Flags & Notes
  • ponzi scheme
  • SEC enforcement
  • shut down
  • fraud
  • $207M scheme

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