Traffic Monsoon “victim” claims $99 trillion dollars


The Visitors Monsoon Receiver has revealed her first claims report.

Detailing the place the claims course of is at, the Receiver reveals that one Visitors Monsoon “sufferer” tried to say $99 trillion {dollars}.

I can’t say for positive however it appears fairly apparent whoever claimed $99 trillion was making an attempt to undermine the sufferer claims course of.

If I needed to guess I’d enterprise the claimant was a net-winner, salty over the Ponzi scheme being shut down.

Sadly the Receiver doesn’t title the $99 trillion declare sufferer. Neither is the declare included in statistical calculations.

Listed here are some attention-grabbing figures revealed within the Receiver’s report:

  • $84,154 was spent emailing 561,209 potential claimants as much as thrice
  • $49.09 was spent mailing 53 potential claimants within the US
  • $72,218 was spent operating adverts in newspapers within the US (Wall Road Journal), Italy (IL Sole 24 Ore), the UK (Day by day Mail), Poland (Gazeta Wyborcza) and Canada (Globe and Mail)
  • $612 was spent on Fb adverts
  • 682 claims had been filed after the deadline, totaling $2.3 million
  • 687 claims had been duplicated, totalling $6.3 million
  • 12,528 claimants have agreed with the Receiver’s calculations, these claims whole $36.3 million
  • 2885 claimants are demanding more cash (collectively $67 million over the Receiver’s calculations)
  • 3866 claimants didn’t reply to the Receiver’s calculation quantity
  • 108 claimants aren’t verifiable Visitors Monsoon traders ($427,445 in claims)
  • PayPal has filed a declare demanding $3.1 million to cowl chargebacks it paid to traders

The Receivership continues to work via submitted claims and ultimately in direction of an preliminary distribution.

At this stage there isn’t a set timeline.