Traffic Monsoon and Charles Scoville were sued by the Securities and Exchange Commission in July 2016. Traffic Monsoon and Scoville are alleged to have operated a fraudulent scheme that raised over $200 million from over 160,000 members/investors worldwide. A receiver has been appointed in that action.
Traffic Monsoon Members/investors’ Ability To Recover losses from alleged fraudulent scheme operated by traffic Monsoon and scoville IS THE SUBJECT OF A NEW ACTION FILED BY PEIFFER ROSCA WOLF Lawyers
Peiffer Rosca Wolf lawyers recently filed another action in federal court in California on behalf of certain Traffic Monsoon investors against PayPal, Inc. and PayPal Holdings, Inc. This new action seeks to supplement amounts that the receiver may be able to recover from Traffic Monsoon and Scoville in the Securities and Exchange Commission action.
PEIFFER ROSCA WOLF SEEKS TO RECOVER DAMAGES 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 firstname.lastname@example.org.