Back in October 2019 the Traffic Monsoon Receiver sought to employ local attorneys to go after Canadian net-winners. The motion was denied later the same month. In denying the motion, the court recommended the Receiver ‘solicit multiple bids from attorneys experienced in this area of Canadian law’. On April 26th […]
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5 new motions for default in Traffic Monsoon clawback suit
The Traffic Monsoon Receiver has filed five new motions for default judgment. Traffic Monsoon net-winners targeted in the motions are Sharon James, Adil Khan, Limited By Invitation (company), Javediqbal Naeem and Mohammed Yasin. Amounts sought through default judgment are close to the amounts quoted in the original clawback complaint. Sharon […]
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Charles Scoville released from jail?
Undelivered mail in the Traffic Monsoon SEC case suggests owner Charles Scoville may have been released from jail. Scoville (right) was locked up after pleading guilty to attempted child sexual abuse in late 2018. He is believed to have been sentenced to three years in prison but I’ve never seen […]
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Ernie Ganz & David Barker def judgments granted ($953K)
The Traffic Monsoon Receivership has secured default judgments against promoters Ernest “Ernie” Ganz and David Barker. Together, the pair of scammers are up for $953,195. With respect to Ernie Ganz (right), the court accepted as fact that he stole $448,051 from Traffic Monsoon victims. Ganz has failed to appear, plead, […]
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Traffic Monsoon claim objection notices sent out
The Traffic Monsoon Receiver has advised claim objection notices have been sent out. The announcement was made via a recent update on the Traffic Monsoon Receivership website. As per the announcement, the objections pertain to submitted proofs of claim. Objection emails were sent out on January 8th. Specifically, claims have […]
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Traffic Monsoon default judgment granted ($2.5 mill)
Following a motion request for default judgment filed last April, the SEC has secured a $2.5 million default judgment against Trafffic Monsoon. The judgment also applies to owner and operator Charles Scoville. As per a January 5th order, Scoville (right) is liable to the SEC for $2,537,642 for disgorgement. On […]
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Charles Scoville indicted for wire and tax fraud
Charles Scoville, the incarcerated creator of Traffic Monsoon, has been indicted on wire and tax fraud charges. As first reported by Tara Talks, Scoville (right) was indicted via Grand Jury on four counts of fraud. Per his August 5th indictment, Scoville failed to report or pay taxes on more than […]