Traffic Monsoon’s Alleged Scam Continues to Be Investigated by Securities Attorneys

Traffic Monsoon’s Alleged Scam Continues to Be Investigated by Securities Attorneys

Traffic Monsoon and Charles Scoville are alleged to have operated a fraudulent scam that affected over 160,000 members/investors in Traffic Monsoon throughout the world.  The Securities and Exchange Commission filed a complaint against Traffic Monsoon that alleges that Traffic Monsoon raised over $200 million through the scam.  The federal court recently appointed a receiver in the case.

Traffic Monsoon Members/Investors Have Been in Contact with Peiffer Rosca Wolf Attorneys

Traffic Monsoon members/investors from around the world have contacted Peiffer Rosca Wolf attorneys concerning their investments in Traffic Monsoon.  Peiffer Rosca Wolf attorneys are investigating potential actions that Traffic Monsoon investors/members can take to supplement the amounts that may be recovered by the receiver in the federal lawsuit.

Options for Traffic Monsoon Members/Investors

Peiffer Rosca Wolf lawyers often represent investors who lose money as a result of alleged fraudulent investment schemes and are currently investigating the alleged fraudulent scheme conducted by Traffic Monsoon and Charles Scoville.  Our firm takes most cases of this type on a contingency fee basis and advances the case costs.  The firm only gets paid for fees and costs out of money the firm recovers for clients.

Investors who believe they lost money as a result of Traffic Monsoon’s alleged investment fraud scheme are encouraged to contact Alan Rosca, James Booker or Lydia Floyd in the Cleveland office of Peiffer Rosca Wolf, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or jbooker@prwlegal.com.