Bitcoin imitators: SwissCoin operating from Leipzig, Germany

by Rudolf Faix 6. October 2016 08:46

SwissCoin LogoAs "the beginning of the revolution of monetary transactions" extols the Euro Solution GmbH in Cham in Switzerland their new virtual currency SwissCoin. In June 2016 they started it. In a brochure on the "cryptocurrency" they are luring: "Now you are also times from the beginning, when a worldwide movement arises."

SwissCoin does not get accepted by any money exchanging system on the world, you get free coins already for signing up, you get additional coins for bringing other victims into the system and you have no chance to use this coins in any shop. Which value can have coins from such systems? As soon as the company behind runs into problems or gets shut down you lose all your real money. Each pyramid system or Ponzi scheme breaks down as soon as not enough new victims entering the systems can get found.

The distribution model for Swisscoin was copied from Onecoin one on one and is the worst, it lacks the products. Swisscoin has no usability because the cryptic money has to be created first and cannot get used the next few years. The lawyer of the OneCoin procured in court an injunction, his office publicly warns from SwissCoin.

According to the imprint of swisscoin.eu stands behind this project a company with the name Euro Solution GmbH located in Baar / Switzerland, which actually exists. The business purpose got declared on April 18, as following:

Training and education in the fields of Internet and exchange services; Advising individuals and legal entities in the field of strategic and operational issues, the provision of services in this regard at home and abroad and trade in goods of all kinds; whole purpose paraphrase statutes in accordance

Did they not know that they want to establish a new crypto-currency in the market and why this did not get stated? A possible explanation can found in the fact that the company got founded with a capital of only CHF 20,000 (US$ 20,566 according the exchange rate from today). With such a capital equipment you can operate safely many companies, but you can never push a new crypto-currency.

Manager of Euro Solution GmbH is Hans-Werner Marquetant. About him you cannot find very much on the Internet - except to note that he acts or should act as Chairman of the Veto-Concept AG from Leipzig, Germany. He is already 74 years old. This sounds at first glance still reasonably well - until one has ever looked behind the scenes.

The Veto-Concept AG, headquartered in Leipzig languishes for years - more or less unsuccessfully. CEO is a Horst Wefer who turns 70. It can get doubted if he is still active in the company and developes crypto currencies. But the company still has a board of directors - Mr. Manfred Mayer. This man is known among networkers like a sore thumb for many years. Unfortunately, never with a positive sign, but always with negative. And now it is really funny - but not for those who go into the hands of SwissCoin. Because the domain registration of richcoin.eu are abundantly clear about digestion, into whose hands they actually goes: In the hands from Manfred Mayer from the board of the Veto-Concept AG in Leipzig. The attached screenshot is worth a thousand words - just take a look at the email-address:

Domain registration date from richcoin.eu

The imprint of www.swisscoin.eu gives the impression that it was dealing with a company established in Switzerland. This is true indeed - but only on paper. Because the Euro Consult GmbH has in Switzerland does not have its own offices, telephone, etc. That is recognizable by the c / o notice in the Swiss Commercial Register:

c/o EXECUTIVE Office GmbH, Ruessenstrasse 12, 6340 Baar

The phone number +49.3419746815 the email address info@veto-concept.com are now data located in Leipzig, Germany and not from Switzerland!

Domain registration data from swisscoin.eu

There is coming a third company into the game for the reason that everything is as much as possible cluttered and unmanageable - the Euro-Invest Consult GmbH, also from Leipzig, Germany. In August 2015 this company got overtaken by the CEO of Euro Solution GmbH, Baar, Hans Werner Marquetant, 74, from the former CEO Horst Wefer, 70, in a more than desolate economic condition(!). The last published balance sheet of Euro-Invest Consult GmbH for 2009 includes, among other things this note:

The balance sheet loss included loss carry forward of € 27,885.69. Deposits on the other hand in the amount of € 5,650.86.

Since the amounts of the subscribed capital from this GmbH is only € 25,000, is the company already deeply in debts, basically actually already bankrupt! These indeed fits also that the balance sheets for the years starting from 2010 were no longer published.

In summary are on swisscoin.eu somehow three companies involved:

  1. Euro-Invest Consult GmbH, Leipzig, Germany - basically bankrupt
  2. Euro Consult GmbH, Baar, Switzerland - Reestablishment with only CHF 20,000
  3. Veto-Concept AG, Leipzig, Germany - according to the last balance sheet from 2011 economically battered

    The paid up share capital of € 50,000 has changed due to the loss carried forward and the current net income of € 1,934.13 to € 8,190.27.

    Loosely translated, it means that no bank in the world would lend a single penny to this company, because they survive only by taking off from the existing substance. Unless the balance sheets starting from 2012 would not show any earnings again, but since those balance sheets did not got published, I cherish reasonable doubts.

The individuals are involved at swisscoin.eu:

  • Horst Wefer, 70 years old, CEO of Veto-Concept AG, Leipzig, Germany
  • Manfred Mayer, 57 years old, since December 2011 executive of Veto-Concept AG, Leipzig, Germany
  • Hans Werner Marquetant, 74 years old, Chairman of Veto-Concept AG, Leipzig, Germany
    Managing director from Euro Solution GmbH, Baar, Switzerland
    and since August 2015 managing director of Euro-Invest Consult GmbH, Leipzig, Germany

If someone is thinking logically then he will get it, that nobody can buy money and nobody can take out more money from a system than the amount of money is inside. Each little child knows already that the market price depends on supply and demand. Which value can have a digital currency which gets traded only by one issuer?

 

Bitcoin imitator: OneCoin a very risky virtual currency

by Rudolf Faix 4. October 2016 03:27

OneCoin LogoThe virtual currency of Bitcoin has many followers. New Providers want to benefit from it and imitate the original. The German consumer magazine FINANZtest warns strongly from the significant risks.

Other providers rely on the enthusiasm for purely digital currencies, the pioneer of Bitcoin has triggered. Whether that is actually profitable for the customer, but is questionable. Newcomers like SwissCoin and OneCoin differ greatly from Bitcoin. In both there are central bodies that verify the system. The currencies have a very limited use. The publishers rely on multi-level compensation plans to attract customers to bring their products further among the people.

If someone is thinking logically then he will get it, that nobody can buy money and nobody can take out more money from a system than the amount of money is inside. Each little child knows already that the market price depends on supply and demand. Which value can have a digital currency which gets traded only by one issuer?

OneCoin does not get accepted by any other money exchanging system found at the world, you get free OneCoins already for signing up, you get additional OneCoins for bringing other victims into the system and you have no chance to use these OneCoins in any shop. Which value can have OneCoins? As soon as the company behind is running into problems or gets shut down from the government you lose all your real money. Each pyramid system or Ponzi scheme breaks down as soon as not enough new victims entering into the system can get found.

OneCoin is a "billion-euro company" according to company founder Ruja Ignatova from Bulgaria. It occurs under the brand names OneCoin, OneLife network and OneAcademy. The website from OneCoin praise their cryptocurrency as the second largest of the world. In two years, Ignatova wants to be the number one and have ten million customers. They buy training packages for prices from 110 euros upwards.

Wow, OneCoin surpasses itself. You need to buy a training package for using it! Does it not show already the scam? You need to get a training for using the crypto currency. Maybe you'll need a training too for using your hard earned real money?

OneCoin describes itself as "centralized" crypto currency. It stands according to the company deliberately "currently not for everyone to act" open, because it is still new. OneCoins can only be traded on an internal network platform. Other trading platforms for crypto currencies are not trading OneCoin. Whether and how OneCoins get mined, bought and sold, depends largely on the management. In June, the company reported about waiting times of two to three months until customers received their coins.

At the same time, Ignatova announced to extend the maximum possible amount of OneCoins from October from 2.1 billion to 120 billion units. If OneCoin has overestimated the demand it can lead to a price crash.

Critics such as the Latvian financial and capital market Commission interfere on the multi-tiered, pyramid-style remuneration system: the company rewarded customers, if they manage to persuade more customers to buying its products, and this cause further purchases.

"The business model of OneCoin is perfectly legal and does not qualify as a pyramid scheme," OneCoin stresses to FINANZtest. The OneLife Network offer genuine products, such as mobile computing device "OneTablet" and real services in the form of training packages with finance. The business model is based "on the basis of a traditional direct sales concept". Let members possible, "to earn their income through referrals and sales training toolkits on cryptocurrency and financial management to non-members." Commission and bonus would immediately depending on the success paid - just as with well-known companies with direct sales offering goods such as kitchen appliance Thermomix, the personal care products of Amway or dietary supplements from Herbalife.

Let us take a look at their product - the "OneTablet". The specifications are getting found at their site:

HD RESOLUTION: 800*480/1024 x 600/1024*768

GOOGLE ANDROID SOFTWARE
Android OS MaPan firmware

COMPONENTS: MTK Quad core CPU

WIRELESS 802.11B/G/N: 802.11b/g/n WI-FI wireless connection

STORAGE: RAM 1GB / Build in 16GB / Expandable up to 64GB

BATTERY POWER: 2500 – 8000mAH / 5V 2A lipo battery

INPUTS TOUCHSCREEN (CAPACITIVE): Multi – point capacitive touch screen

DUAL CAMERAS: Front 0.3MP + back 1.3 million pixels

Front 1.3MP + back 2.0 million pixels

Price: € 550 + SHIPPING + 550 BV (Bonus Volume) GENERATED!

Funny are the specs from the battery power already. It seems like Ignatova is thinking that battery power is a chewing gum. An built-in battery has a fixed capacity and cannot get provided as a value between 2500 - 8000 mAH!

The value of BV (Bonus Volume) is € 1 = 1 BV as it can get shown in their offer:

STARTER PACKAGE
110 €

For those who have no previous financial experience. Includes Level 1 of OneAcademy’s e-learning program. Students will learn basic financial literacy and be introduced to financial products and trading. After completing this module, we issue certification for access to OneExchange. The starter membership gives 1000 promotional tokens which can be put into cryptocurrency mining and generates 110 BV points for network bonuses.

Screenshot from the OneCoin's starter package

For these ones, which are thinking that you'll get something additional value with the starter package and for this reason you are not able to convert € 1 to 1 BV, I'll show you in the next screenshot that this additional offers have no real value, because if you buy the most expensive package for € 7,500 you'll get also 7,500 BV.

Screenshot from OneCoin's Tycoon Plus Trader Package

An tablet with similar specifications can get found from the Maixin Group at Alibaba (Tablet offer from Maixin Group at Alibaba.pdf (2.37 mb)) for the price between US$ 55 and US$ 60 depending on the count of pieces you are ordering.

With other words you'll pay for a product, which has the value of US$ 60 the exorbitant price of € 1,100!!! Let us include the exchange rate between US$ and Euro from today, where € 1 = US$ 1.12284 or US$ 1 = € 0.88993:

Currency you'll get a value you pay for it
US$ 60.00 1,235.12
53.40 1,100.00

The Veto Concept AG from Leipzig is coming from direct sales site too. They presents themselves on the Internet page richcoin.eu as an independent sales partner of OneCoin. The digital currency explained to one of "the hottest financial topics". After the warning from the consumer magazine FINANZtest got published Veto Concept AG stopped publishing their site richcoin.eu. The following amazing content gets shown:

Screenshot from the site richcoin.eu

Translated to English:

Dear visitor,

the website "RichCoin" got discontinued by us. Just use the contact form if you have questions.

Friendly greetings VETO CONCEPT AG

It seems that the "hottest financial product" has been even coming to hot for their business. Think about it what you'll doing if you see a similar content at the site from OneCoin. It happened already at least one time as the system from BigCoin got shut down in the year 2014. Involved in the system from BigCoin has been Ruja Ignatova.

Ruja Ignatova cryptoreal investment trust BigCoin

The website badbitcoin.org, a platform of cryptocurrency fans criticizes multilevel distribution systems. She denounces dubious practices and accumulated negative reports. OneCoin is on their "Badlist", a warning list for not recommended deals.

A digital currency of a central supplier, industrial applied for payment transactions - reminds of electronic money (E money). The currencies were to be classified, the company needs a permit. In the register of approved electronic money institutions of the Federal Agency for financial services supervision (BaFin) are not getting found the companies around OneCoin and SwissCoin.

Would the BaFin classify the currency as e-money, they could order the rescission. Also around classical crypto currencies there subject to authorization activities. In June reported the German magazine "Der Spiegel", the BaFin review OneCoin. The BaFin has not given statement until now. It may be that the digital currencies will facing hot stages for various reasons.

Domain owner of onecoin.eu:
Name: Tsvetelina Lekova
Company: Onecoin Ltd
Address: 12 Tsar Osvoboditel, 1000 Sofia, BG
Phone: +359.24444331
E-Mail: tsvetelina.lekova@ravenr.com

Domain owner of onelife.eu:
Name: Albena Topalova
Company: One Network Services Ltd
Address: PI. P.R. Slaveikov 6A, 1000 Sofia, BG
Phone: +359.24444331
E-Mail: office@onecoin.eu

Domain owner of oneacademy.eu:
Name: Tsvetelina Lekova
Company: One Network Services Ltd
Address: 12 Tsar Osvoboditel Blvd, 0001000 Sofia, Sofia, BG
Phone: +359.885660254
E-Mail: tsvetelina@onecoin.eu

Update Jan. 19, 2017: Links to richcoin.eu removed as the service of the site got discontinued.

 

Paid To Click provider Adfiver is already unable to pay

by Rudolf Faix 3. February 2016 10:42

Who does not know the announcements from the PTC (Paid To Click) sites, which are promising big earnings during sleeping. The same kind of promotion got done from AdFiver. Only stupid ones are investing in such a Ponzi scheme. Real marketing agencies will not trash money at Pay To Click sites. For this reason you'll find only the amateur advertisements from other affiliate marketers and pyramid schemes at PTC sites. All these advertisements have something in common: You should spend your money for getting nothing in return. The promises are so great that each normal person, which has all senses together, get it that the promotion is only scam.

How much in need of money the owner from AdFiver.com is get shown in the following screenshot. There he is offering 10% bonus if you are waiting with the payout 14 days:

Screenshot of he offer of 10% earnings within 2 weeks

With other words the AdFiver admin is at a normal bank not credit-worthy. A bank will charge you only 5% - 10% per year depending on the risk they have. If we are calculate the offer percentage up to one year than it would be 260%. This case shows already that the Pay To Click system from adfiver.com sucks and how money gets destroyed in this system!

That AdFiver is unable to pay gets shown on the next screen shot. There are too many requests for the available funds:

AdFiver shows that they are unable to pay

The minimum payout from AdFiver.com is $3. Even this small amount is already not available. What will happen if you are not a free user and you have paid a membership? How your referrals will believe you in the case they are not getting paid? Will they believe you again if you like to sign them up at another site?

It seems that the owner of AdFiver tried to get rich fast. For this reason he has programmed the system quick and dirty. For example you got the message that someone with your IP address has seen the advertisement during the last 24 hours. The reason for this failure has been that the programmer of the system has been too stupid to show only the advertisements at your dashboard which are available for you. Intelligence is commercially not available.

How lazy the admn from AdFiver is gets shown at the upgrade page. There he has tried to get paid members by giving a 10% discount until January 31. The problem is that we have already February 3 and the actual prices for the membership are not shown on the site:

Screenshot with membership prices

On the membership site you see directly the scam too. If you buy the "Platinum" membership for $70/year you'll get guaranteed 8 advertisements a day. That means you are able to earn $0.08/day * 365 days/year. As you earn in this case $29.20/year you'll lose with this membership $40.80 per year.

You even lose more if you sign up for the "Ultimate" membership. In this case you'll get 12 advertisements a day. In this case you'll lose $202 per year (Earnings $1.20/day * 365 days/year = $438 - $640 discounted membership fee).

In the case you are a paying member than you pay for getting teased from a stupid programmer and have additional the risk that the system breaks down before your membership expires. Shorter membership periods are not getting offered from AdFiver.

You can make only a little bit money with PTC sites if you are a free member. In this case you'll earn around $0.05 per day from your own clicks and have only the risk that you not get paid as soon as you reach the minimum payout. I got the first time paid and now around 2 months later adfiver.com is already not able to pay $3. What can all happen during the time of one year?

Such people need to hide their domain ownership with a privacy service. Here are the domain registration data from adfiver.com:

Domain Name: ADFIVER.COM
Registry Domain ID: 1916615769_DOMAIN_COM-VRSN
Registrar WHOIS Server: WHOIS.ENOM.COM
Registrar URL: WWW.ENOM.COM
Update Date: 2015-12-02T23:33:35.00Z
Creation Date: 2015-04-05T01:34:00.00Z
Registrar Registration Expiration Date: 2025-04-05T01:34:00.00Z
Registrar: ENOM, INC.
Registrar IANA ID: 48
Registrar Abuse Contact Email: ABUSE@ENOM.COM
Registrar Abuse Contact Phone: +1.4252982646
Reseller: Namecheap.com
Domain Status: REGISTRAR-LOCK
Registry Registrant ID:
Registrant Name: WHOISGUARD PROTECTED
Registrant Organization: WHOISGUARD, INC.
Registrant Street: P.O. BOX 0823-03411
Registrant Street:
Registrant City: PANAMA
Registrant State/Province: PANAMA
Registrant Postal Code: 00000
Registrant Country: PA
Registrant Phone: +507.8365503
Registrant Phone Ext:
Registrant Fax: +51.17057182
Registrant Fax Ext:
Registrant Email: 971D8FD6A331450C850372EF19EAF4EC.PROTECT@WHOISGUARD.COM
Registry Admin ID:
Admin Name: WHOISGUARD PROTECTED
Admin Organization: WHOISGUARD, INC.
Admin Street: P.O. BOX 0823-03411
Admin Street:
Admin City: PANAMA
Admin State/Province: PANAMA
Admin Postal Code: 00000
Admin Country: PA
Admin Phone: +507.8365503
Admin Phone Ext:
Admin Fax: +51.17057182
Admin Fax Ext:
Admin Email: 971D8FD6A331450C850372EF19EAF4EC.PROTECT@WHOISGUARD.COM
Registry Tech ID:
Tech Name: WHOISGUARD PROTECTED
Tech Organization: WHOISGUARD, INC.
Tech Street: P.O. BOX 0823-03411
Tech Street:
Tech City: PANAMA
Tech State/Province: PANAMA
Tech Postal Code: 00000
Tech Country: PA
Tech Phone: +507.8365503
Tech Phone Ext:
Tech Fax: +51.17057182
Tech Fax Ext:
Tech Email: 971D8FD6A331450C850372EF19EAF4EC.PROTECT@WHOISGUARD.COM
Name Server: GRACE.NS.CLOUDFLARE.COM
Name Server: KEVIN.NS.CLOUDFLARE.COM
DNSSEC:UNSIGNED
URL of the ICANN WHOIS Data Problem Reporting System:
HTTP://WDPRS.INTERNIC.NET/
>>> Last update of WHOIS database:2015-04-04T18:34:56.00Z <<<

 

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Fraud & Scam

Scammer Charles Scoville - Trafficmonsoon likes to win only time now

by Rudolf Faix 28. January 2016 08:24

Each bank and each payment processor has a risk management department. Depending on the effectiveness of the risk management department the fees for their reinsurance is rising or falling. Don't forget you cannot buy money for a discount price.

As soon the behavior of an account differs too much from the standard behavior from the other accounts of the same kind (private accounts, merchant accounts, bank to bank accounts, etc.) the system gives an alarm and the account needs to get manual verified from the risk management department. If you are running a real business than such a verification is not really a problem. You explain your business, show the proves, that you are running a real and trustful business and you get immediately access to your account and funds again. Other is it if you are ignoring the call for documentation from the risk management of your bank. In this case your account will get suspended and you'll get not any access to your funds until you transmit the necessary documentation and your explanation get accepted from the bank or payment processor.

Additional are all your transaction getting scored in an internal scoring system. This scoring system is getting used for calculating your credit risk depending on the funds of the company, her behavior by doing transactions, the upcoming disputes and some other parameters. A good example for this scoring system is the spending limit from the credit cards.

As soon the risk management of one bank terminates your account you need even not try to open an account at another bank because your data are getting shared between the banks. At least in Europe is this the case. It does not make any difference if the risk are a few thousand Euros over the insurance limit from your scoring value or if you are trading in millions of Euros. As soon as you are customer with a high risk you can only use cash.

That Charles Scoville with his business called Trafficmonsoon is a very high risk can get shown in the screenshot below where Paypal has canceled his account. The important information is not the yellow marked part. The most important information is getting found in the first sentence where is written: "... the balance will be available 180 days after the information that no longer allows you to process payments ...". The reason for this limitation is that the dispute time is three months. Paypal does not like to take the risk to lose money if a dispute is arriving in the last minute. Click on the screenshot to enlarge it in the case you are not able to read it:

Paypal account termination notice

The above screenshot shows that the funds from Trafficmonsoon are not enough for Paypal for securing their transactions. For this reason the account from Charles Scoville - Trafficmonsoon got terminated.

Charles Scoville has even invented a new fairy tale for getting less disputes for the remaining funds at Paypal and for getting more money paid out after the end of the opposition period. He has published this new fairy tale at his blog on January 12, 2016:

Thank you for being a valued Traffic Monsoon member.
 
Video Message From Dubai:
 
As you already know from the video, I'm currently in Dubai. One reason for that is to setup an office in the World Trade Center Dubai. Part of this process is also setting up a bank here, and having an additional business registration here in the UAE.
 
We're transitioning from using PayPal to opening our own TM World Bank.
 
VIDEO: Processor Account Balances For Transition:
 
Our goal with opening our bank is to send you TM MasterCards for easier access to your earnings! We'll also have complete control over the funds received by the company for revenue sharing, without any worry about the payment processors taking control of funds.
 
This will also increase quality of our services and reduce risk of click cheating, because with the bank we'll need to verify "Know Your Customer" documents to ensure that each member getting paid is uniquely different from all other members.
 
What this means for you if you use PayPal:
 
For the next 30 days you'll be able to still make purchases with PayPal. We're unable to process withdrawals through PayPal because funds will begin moving into Payza and our own TM World bank account to support withdrawal requests.
 
We do recommend that you start using Payza for purchases for now until we get the TM World Bank completed.
 
If you used PayPal for withdrawals, you'll be able to gain access to your funds with Payza instead during this transition.
 
There will be a space provided for you to enter your payza email address and begin making withdrawals of your earnings through Payza.
 
If you don't have a Payza account, get signed up for FREE here:
 
We'll be moving funds from PayPal to Payza, then our own TM Worldwide Bank.
 
Until the bank is finished getting setup, if you wish to make larger purchases unable to be processed through Payza or SolidTrustPay, you're welcomed to wire the funds to the following bank details:
 
SWIFT CODE: CHASUS33
NAME OF BANK: JP Morgan Chase Bank
ADDRESS:
2610 S STATE ST
SALT LAKE CITY, UT 84115
BANK ROUTING: 124001545
ACCOUNT #: 734785868
 
Charles Scoville
My Address:
4927 Murray Blvd
Apt Z9
Murray, UT
84123

The problem on this story is that even a bank need to have accounts on other banks and at this accounts have to be funds. Charles Scoville does not have some funds and other available values. Would he have some funds than he would have shown it to Paypal and his account would not get terminated. A company, which is running into problems with a bank, would not say it in public for avoiding negative publicity. Such a company will use the available funds for securing their transactions. The same way nobody is able to open a bank anywhere on the world without having some money. You need to have money or properties for securing all of your transactions. There is no difference if you are a private person, a company or a bank.

With the rejection from the risk management department of Paypal Charles Scoville's data will get found at the secret high risk customer list which gets exchanged between the payment processors and banks. For this reason he will not get any new account at another bank or payment processor.

The offered payment method from Trafficmonsoon with Payza is very risky too, because Payza is already subject of investigations of the U.S. Department of Justice. There is written at https://www.justice.gov/usao-dc/victim-witness-assistance/obopay-payza:

Obopay/Payza

"The United States government, including Homeland Security Investigations and the Washington, D.C. Financial Crimes Task Force, is currently conducting a criminal investigation. As part of that investigation, the United States Attorney's Office for the District of Columbia has requested a United States District Judge to pause current civil litigation relating to Payza and Obopay. The Judge has paused the litigation until January 22, 2016. Shortly after that date, additional information will be made available on this website about the status of this investigation.

If you have questions or concerns about your Obopay or Payza account, please email USADC.OBOPAYZA@usdoj.gov or call 202-252-1903. Please include your name, email address, and contact information in your message. Someone will respond to your email or call within 3 business days.

Updated October 21, 2015

How much in need of money Charles Scoville is, gets shown in his blog posting, where he is even using for the Payza promotion his referral link https://secure.payza.com/?ZtQ4708%2f1zX1PKE5FlvQlA%3d%3d. By opening this link appears at the signup page "Referred By AdPageViews". The system from adpageviews.com collapsed last year between July and September. The Alexa statistics from adpageviews.com is showing this:

Alexa statistics from adpageviews.com

The same way will take now Trafficmonsoon. The referral program from Payza:

With our referral program, you can earn money by referring others to Payza. You will be paid $5 USD for the first 10 people you refer to Payza. After the tenth person, you will receive $10 USD for each referral. You will receive your reward money if your referral signs up for a Personal or Business account through your referral link and transacts at least $250 USD. When they fulfill these qualifications, you will be paid through your Payza account within 30 business days.

If you are comparing the system from Trafficmonsoon and AdPageViews with the system from AdSurfDaily than you will not find big differences. One fact about AdSurfDaily can get found:

Ad Surf Daily | USAO-DC | Department of Justice

www.justice.gov/usao-dc/victim-witness-assistance/ad-surf-daily

This website has been established by the United States Department of Justice to assist victims of the Ad Surf Daily Autosurf Ponzi schemes.

That Trafficmonsoon is nothing else than a Ponzi scheme gets shown by the fact that you have to buy AdPacks, click on it and shall get for a $50 AdPack $55 in return. The problem is only that not one advertiser is so stupid and buys advertisements from such a system. For this reason you'll find only the advertisements from the traffic exchange and from a few scammer in the system from Trafficmonsoon. How you'll get the additional $5 earnings in this case? These earnings are coming from new members. As soon not enough new members are buying AdPacks the system will collapse.

Think about it why Charles Scoville hides his identity at the domain registration for all his domains and is now publishing in his blog his address and his bank account? For the domain registration he needs to publish even less information as he has published now. Does such a behavior is making any sense? Maybe the state attorney is now happy because he needs one signature less from a judge for his investigations.

That even the scammers are not so stupid and invest into a collapsing system is getting shown at the screenshot from the Cash Links taken on December 6, 2015:

Screenshot Paying ads from December 6, 2015

Compare it with the screenshot from the Cash Links taken on January 27, 2016:

Screenshot paying ads January 27, 2015

For all this reasons shown above you can be sure that Charles Scoville with his Ponzi scheme Trafficmonsoon tries to win time for maximizing his own earnings. As less people are filing a dispute at their payment processor as more money Charles Scoville will get paid out. Trafficmonsoon will never return because the people will not trust again. All excuses and fairy tales Charles Scoville is publishing have the only purpose to win time and to reduce the amount of people filing a dispute.

Everybody, which has made a payment during the last two month and did get nothing in return, should file a dispute. These ones, which have reinvested all their money, have now lost their amounts.

 

 

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Fraud & Scam

Trafficmonsoon: Revenue Share = Loss Participation?

by Rudolf Faix 19. January 2016 10:17

Last week I have sent a support request about missing cash links to the support from Trafficmonsoon. I got the answer that the cash links are ordered from their members and are getting distributed on a first come first serve principle. Maybe the support staff did not take a look at my logins. As I have nothing else to do I'm normally visiting each Pay To Click site three times a day. If there are at least not once a day some paid clicks available the site has normally some technical problems. Such technical problems had Trafficmonsoon already many times as their programmers are testing their changes on the production system and they don't have some systems for testing. Normally Trafficmonsoon had delivered after their technical problems more cash links for a few days for compensating the losses of their members. For this reason has been the answer from the support staff been surprising and Trafficmonsoon is during the last few days only delivering fractions of cents as daily earnings for their members.

Before a company is running into bankruptcy is the company trying to rescue themselves with all available possibilities. As more the company is running into troubles as more unbelievable is coming their promotion for winning new customers. In the case of Trafficmonsoon.com is it the same with the following screenshot of their promotion (click on the picture to see it full size if necessary):

The above screenshot has been taking from a landing page from trafficmonsoon.com (http://ptclandingpage.com/trafficmonsoon.html - link removed as domain does not exist anymore Jan. 18, 2017). It is not the page from a user of Trafficmonsoon because the referral link is missing. The page got advertised at Clixsense.

The disclaimer in the brackets near to the promoted earnings of $10.395 in a month, which says that "Results not typical. This proof of income is not a guarantee you would earn the same, but would be possible to earn this and more with equal or greater strategy and work ethic." is already confirming the misleading promotion and the scam.

If we take the FAQ from Trafficmonsoon, we'll find there as highest income example: "1000 referrals X $0.10 earnings from cash links X 30 days = $3,000 from your referral clicks". That means to reach a payout from $10,000 you need to have 3,333 referrals! I think everybody knows how difficult it is to find and to keep referrals in such systems.

The British statesman Sir Robert Walpole (1676-1745) has been the first Prime Minister in British history. From him is coming the proverb: "Every man has his price." Think now about it if such a company has 20 members which have 3,333 referrals each and each of this referrals would have in average 10 referrals and calculate the monthly payout for 3 level down:

Level Members Earnings from Referrals Own Earnings Sum
Top Level 20 $ 199,980 $ 60 $ 200,040
1. Referral Level 66,660 $ 1,999,800 $ 199,980 $ 2,199,780
2. Referral Level 666,600 $ 19,998,000 $ 1,999,800 $ 21,997,800
3. Referral Level 6,666,000   $ 19,998,000 $ 19,998,000
Total 7,399,280     $ 44,395,620

If we are honest with ourselves, who would not think about a way to disappear for less than 44 million dollars instead of paying it to the members?

In the above example are only the 20 Top level members earning $ 10,000/month. The members of the 1st and 2nd level are only earning $ 33/month and these one from the 3rd level only $ 3/month. Such a construction is very unstable and a lot of members would get lost in a short time.

To generate such earnings you need to find companies which are buying from you 7,399,280 * 10 advertisments per day * 30 days per month * (2,219,784,000 advertisements) for the paid advertisements and the same amount again for the unpaid advertisements which a user has to click for earning from his referrals (in sum 4,439,568,000 advertisements).

In the above payment model needs to get each of this advertisement to get paid with $ 0.02 for paying the clicker with $ 0.01 and his referral with $ 0.01 as the owner from Trafficmonsoon makes the job just for having fun. You'll find that information at their Ad Plans site:

Basically
$1.00 => 50 visitors = $0.02 per click. $0.01 goes to clicker, and $0.01 goes to sponsor
Visitor remains on your site 30 seconds

$1.00 => 25 visitors = $0.04 per click. $0.02 goes to clicker, and $0.02 goes to sponsor
Visitor remains on your site 60 seconds

To qualify for referral click earnings from these links, you must have clicked a minimum of 10 ads in the traffic exchange within the last 24 hours.

As Trafficmonsoon is not earning with the cash links, they are not interested to get some and for this reason is Trafficmonsoon the members cheating with cash links, which are expired just at the moment as the member has to enter the confirmation code after seeing the advertisement (click at the picture for full size):

Expired ad after showing it to the member

Such advertisements can get easily identified. They are appearing in the top left corner of the advertisement list and are mostly higher priced to lead members to click on them. If you don't click on them they are disappearing by themselves after 2 or 3 other clicked advertisements. You can avoid them by start clicking in the middle of the offered advertisement list or by starting to click at the lower right end of the list.

The behavior of this advertisements with the message "Sorry, ad expired" shall look like a programming failure, but is in reality the way how Trafficmonsoon is making money by scamming their users and financing their own expenses from the cash links. it does not make any sense for Trafficmonsoon to show their own site at the cash links because the user is already a member. The Alexa system cannot get impressed by it, because the user is already at the site and the advertisements are getting shown only in a frame. Such a paid advertisement gets shown in the following screenshot - frames inside a frame (click on the pic to enlarge):

Screenshot of showing frames inside a frame with error message

Another way Trafficmonsoon is making money with cash links is with wrong captchas. I have written already in the article "TrafficMonsoon - seems got programmed from absolutely beginners - even the captcha is not working correctly" about it. From time to time you get the error message "Wrong Click!" but you have really entered the captcha correct:

Screenshot of the error message "Wrong Click!"

If this happens to you, simple close the browser window, open a new one, go to https://trafficmonsoon.com/member/overview.php and watch the advertisement again. You'll get a new captcha, which is working.

At first I have been thinking that these are the errors from underpaid programmers or programming beginners, but as we can see has the madness a method and a reason - making money for the owner of Trafficmonsoon!

Trafficmonsoon has the opinion to watch their count-down bar is more important than to scroll down at the advertisement. This contradicts their sentence at their offer of paid clicks, where is written: "Cash links are a great way to show other members what else you're involved with, and invite them to join you.". In this case I remember only the following quotation: "Please forgive them, they are not knowing what they are doing.":

Screenshot that they are not knowing what they are doing

Another nice advertisement is the following one. I don't think that anyone pays to show an empty page and pays $0.02 for viewing it:

Screenshot from an empty website where I got $0.02 for viewing it

The owner from trafficmonsoon.com likes even to impress with false information. In the following screenshot he likes to impress with the huge amount of traffic they are receiving or generating. The problem is only that nobody shall believe this because if the webserver can show the content of this site then he would be able to show the real content too. Overloaded webserver are acting different by simple stopping sending some responses to the browser and not a sorry message like in the following screenshot shown:

Screenshot with the message "Our website has become overloaded with traffic."

Coming back to the calculation example from the beginning where we need around 4 billion advertisements viewed to reach the monthly income of $10,000 for 20 people each. Let us take a look where the traffic from Trafficmonsoon is getting generated. A view at the Alexa global ranking - Adience Geography tell us the following:

alexa.com Audience Geography for trafficmonsoon.com

We see in the screenshot above that the main traffic from Trafficmonsoon is coming from the "poor" countries Russia, India, Ukraine, Brazil, Mexiko, etc. Sure advertisement is getting done all over the world because companies like to sell their products. But are these companies from these countries spending between $ 0.02 and $ 0.04 per view? Like shown above is the generated traffic useless because members are even not allowed to scroll inside the page. The most viewers from the advertisements are only interested to get paid and not into the product. For this reason is Trafficmonsoon a closed system, which does not get accepted from the advertising industry. I see how one advertising company would tease the other one with the words: "You really need already to pay that someone is watching your advertisements?". Sorry, but here is it going about the reputation from the advertising and creative industry. Already for this reason you'll not find some real advertisements at the Pay To Click (PTC) websites.

You'll find only advertisements from the kind of getting quick rich at the Paid To Click (PTC) sites. Some users are hoping to find some people which are more stupid than themselves and are paying for a dream. These stupid ones are already less accessing the system from trafficmonsoon.com like it get shown in the Alexa global traffic statistics:

Alexa Traffic Ranks for trafficmonsoon.com

The above Alexa global ranking of the website trafficmonsoon.com shows us the flash in the pan from the rise and fall of Trafficmonsoon. During the last three months has Trafficmonsoon 194 places lost in the global ranking of the world wide websites.

If we take a look at the next screenshot where the question "How engaged are visitors to trafficmonsoon.com?" gets answered, than we see that the pageviews per visitor got reduced more than 52% during the last three months and the bounce rate increased with 4% in the same time:

Alexa - How engaged are visitors to trafficmonsoon.com?

The search traffic for Trafficmonsoon increased during the same time by 7%, but take a look which keywords are getting used to find trafficmonsoon.com. The search traffic is only coming from visitors, which are too lazy to enter the full web address for trafficmonsoon.com:

Alexa.com - Where do trafficmonsoon.com's visitiors com from? - Search traffic

As expected is the most of the traffic for trafficmonsoon.com coming from Google, Facebook and other Paid To Click (PTC) sites. That means a lot of people are getting paid at clixsense.com and neobux.com for viewing the advertisements from Trafficmonsoon:

alexa.com - Upstream sites for trafficmonsoon.com

As a lot of advertisements with fake screenshots of earnings are done for Trafficmonsoon in the social networks, I like to show my real earnings (not edited) from trafficmonsoon.com for daily clicking on their ads since a few months:

Trafficmonsoon earnings page for the work of a few months

Charles Scoville calls himself to be the CEO from Trafficmonsoon. If it is true or not cannot get verified because the site trafficmonsoon.com is registered with a hidden ownership. Which kind of person Charles Scoville is gets shown at his other domains with the names charlesscoville.net, charlesscoville.org and charlesscoville.com. In my opinion is he a man with an exaggerated craving. This gets shown already at the chosen domain names, where he likes to build up a brand by using his names. This would be difficult because he has been the owner of the following sites, which got already shutdown:

  • adscashfast.com
  • banrev.com
  • buxsecure.com
  • buxunleashed.com
  • eternalifebux.com
  • foreverbux.com
  • freehitxchange.com
  • inboxbux.com
  • infinitybux.com
  • powerfulbux.com
  • trophybux.com
  • tviptc.com
  • ulaunchformula.com
  • ultimatepowerboost.com
  • wealthenginex.com

Trafficmonsoon is a closed system, where the members of the system are generating useless traffic for each other. The system is nothing else than a Ponzi scheme which will break down as soon as not enough new members are joining it to pay the existing members. Trafficmonsoon promises 10% earnings in a short time for the investor and 10% earnings for the referrer of the investor.

Scammed victims from Trafficmonsoon are getting found at Google. Under these victims you can find Shoemoney with a loss of $125 too.

Other reviews about Trafficmonsoon can get found at:

At Facebook we find a page where 12 hours ago got written:

Still no news from that infamous PayPal meeting yet!
Why don't you phone them up Charles, like an enterprising lady called Jane who contacted Paypal in Australia directly.
Guess what they told her?
PAYPAL HAVE FROZEN TRAFFIC MONSOONS ACCOUNT.
Not exactly how Charles told it is it? Remember? He said he VOLUNTARILY LEFT THEM. Lies. Lies. Lies!
But don't take our word for it, PHONE PAYPAL yourselves!

Facebook postings need to get carefully interpreted. Especially if the author hides himself behind a pseudonym like in this case. For the case if it is true what is written there than Trafficmonsoon has already a big problem. Paypal does not freeze an account without reason.

 

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AboutMe

I'm since more then 35 years in the computer business (programming and technical support) and using the Internet since it has started. Since 2002 I'm programming solutions for Asterisk and since 2004 I'm in the call center industry.

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