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.
Best for: This might appeal to risk-takers who are okay with potential losses, but most people should steer clear.
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.
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.
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.
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.
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.
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.
Traffic Monsoon currently has a BBB rating of 'F'. This low score reflects numerous complaints and the company's shutdown due to regulatory issues.
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.
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.
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:
When looking into an MLM compensation plan, especially one like Traffic Monsoon that has raised significant red flags, consider asking:
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.