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 easy; traders make investments $1 in adpacks, one adpack equates to 1300 shares, each day returns are paid primarily based on what number of shares an affiliate has invested in:
- spend money on 1300 to 3000 shares and obtain 10 cents a day
- spend money on 3001 to 12,000 shares and obtain 25 cents a day
- spend money on 12,001 to 93,150 shares and obtain $1 a day
- spend money on 93,151 to 517,500 shares and obtain $4.50 a day
- spend money on $517,501 to 2,794,500 shares and obtain $25 a day
- spend money on 2,794,501 to 17,365,000 shares and obtain $135 a day
- spend money on 17,365,001 to 38,000,000 shares and obtain $755 a day
Buyers are required to click on adverts each 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 numerous 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 baby sexual abuse prices. 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 thought to be meaningless.
Given the low-effort nature of Site visitors Monsoon’s reboot, it’s most likely just a few opportunistic random trying to make a fast buck.
Whoever’s working 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 wherever however we’ll maintain you posted on any important developments.