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Saturday, 19 November 2016

My Advertising Pays - Malta and Belguim Issue Warnings

On the 10th November 2016, The Maltese Financial Authority issued a warning about My Advertising Pays:

https://www.mfsa.com.mt/pages/announcement.aspx?id=8002







 '... My Advertising Pays is likely to be a scheme of dubious nature with a high risk of loss of money.'


Now Belguim has issued a similiar warning:
http://www.verbraucherschutz.be/cms/index.php?article_id=68&clang=0&article=289

16.11.2016 - The Consumer Protection Center East Belgium sees signs that the "My Advertising Pays" snowballs system is in the offing.

At least since September 2016, there are difficulties with the payment to the participants. This is allegedly due to problems with the liquidation of the payment service provider VX gateway, it is said.

Facts
The fact is that MAP ( My Advertising Pays has) his service set on 15 October 2015, the United States reportedly because sales.

A further note is that the site "map-bezahlt.com", which in the past has repeatedly promoted this type of gambling especially for German speaking participants, has not been active for months.

Further indications

Since April 2016, the company has changed its website to MAP 2.0. This also changed the terms of business. " While members could earn about 20 percent on their investment in the original version, they can now only 10 percent earning (in both cases without deduction of costs" , writes Dr. Claudia Gross of the Institute for Management Research in an article to My Advertising Pays .

The fact is:
1 Credit Pack now costs 49.99 € instead of 49.99 USD.
For the payment of 1 CP, the participant receives 55 € instead of as before 60 US dollar.

As a reminder, the goal of MAP is to motivate other users to participate in the system as well. Basically, you buy a package (credit packs) and is then automatically involved in the profit. Each member is required to click on an advertisement 10 times a day.

Advertising: "incestuous system"

The company suggests to the consumer that it generates its revenue through advertising. A question that remains unanswered: How much revenue does MAP achieve with external advertisers?

Marcel Antl writes in his blog: "So we have users who switch advertising and pay for it. The advertisers.And we have users who view this ad and pay for it. The intermediary of these two parties is My Advertising Pays, which usually receives a commission for the mediation between the two parties and thereby makes their turnover. "

"In essence, the MAP members are tearing each other up the accumulated credit packs in the form of advertising. But that does not lead to new cash flow in the system ", says Bernd Lorch of the Consumer Rights Protection Centre NPIs. It same an incestuous system.

Meanwhile, the company is officially registered in England: Queen Court, 24 Queen Street, Manchester, England.

Leen Decort from Belgian research and competence center of consumer organizations (AB REOC) classifies My Advertising Pays as a pyramid scheme. Pyramid schemes are illegal under Belgian law (art VI100, 14 ° CDE, ff..): "Ventes pyramidales ... constituent une pratique commerciale déloyale en toutes circonstances".

Lodge a complaint

Who is a victim of a Ponzi scheme, may apply to the registration office of the Ministry of Economic Affairs in Brussels: https://pointdecontact.belgique.be/meldpunt/de/wilkommen

Related Links:

http://www.fact-directvertrieb.de/myadvertisingpays

http://blog.marcellus.de/my-advertising-pays-erfahrung-serioes-betrug-oder-chance/

Http://economie.fgov.be/fr/entreprises/reglementation_de_marche/Pratiques_commerce/Ventes_pyramidales/ - .WCwg1TKX8lI




Thursday, 17 November 2016

Traffic Monsoon - Criminal Prosecution Case Against Amin Forati


(updated 7th December 2016)
The UAE Public Prosecuter has opened a Criminal case against Amin Forati.
Amin Forati, as many people already know, was hired as Traffic Monsoons Chief Financial Officer in January 2016  (until approx June 2016).
 He had access to the funds in Traffic Monsoons Accounts. 
The only detail we can disclose (at present) concerning this case is that the investigation is for Fraud.
Previous blog posts concerning Amin Forati are here:

https://taratalkstoday.blogspot.co.uk/2016/09/dr-amin-forati-traffic-monsoon-swiss.html
https://taratalkstoday.blogspot.co.uk/2016/10/traffic-monsoon-amin-forati-and-another.html
https://taratalkstoday.blogspot.co.uk/2016/09/dr-amin-forati-traffic-monsoon-and-s3.html

******
If you have any details that you'd like to share concerning Forati, the people involved in this case would love to hear from you. Please contact me via the comments section, all comments are moderated and go straight to email.  If you could leave a name and email address as well, I can forward it to the relevant parties. Thanks.

More details will be released very soon. Watch this space...

Friday, 11 November 2016

Charles Scoville - Was This His Escape Plan?

It appears that Charles has (or did have) a United Arab Emirates Passport.



The Expiry date says June 2019, and it was issued in July 2016, so was he planning to escape there just before the Securities and Exchange Commission took Legal action against him?
He had certainly been to Dubai many times. There are numerous You Tube videos online about his visits  and many Facebook pictures - before he deleted them all - of Dubai.
And most importantly for him, America has no extradition treaty with United Arab Emirates. 

Just before the SEC closed down Traffic Monsoon and seized Charles accounts, Charles had siphoned off around $20 million from the Paypal release, into his personal Chase Bank Account, so he would have been set up for life.

Traffic Monsoon affiliates aren't too fond of the SEC at the moment, but they should thank heaven for them eventually. Instead of their money being safe and secure inside government coffers, ready for Receiver re-distrubution at some point in the future, it could have been lost in Dubai - for ever. 


Monday, 7 November 2016

My Advertising Pays - ANOTHER New Version Is Launched!

My Advertising Pays have announced today that a new version called 'V2.5' is being launched very soon.
For those familiar with Banners Broker, you'll know that this method of operation was used frequently to re-set the clock and start again, resulting in huge losses for affiliates.
My Advertising Pays is no different. It states ' ... previously acquired credit packs and account balances will be parked and, for the time being, cease to produce profit-share.'
Translated into Ponzi speak this means: ' the money's gone, so give us some more'.
Which unfortunately many will.

Update 07 11 2016
Hello everyone!
The update that you all have been waiting for has finally arrived!
During the month of November, MAP will relaunch! Duly dubbed, MAP 2.5.
During the past several months, MAP members have not only shown us their loyalty, but have put on display their commitment to the MAP brand and Mission. Through this process, MAP (along with its representatives, executives, and CEO Michael Deese), have learned all-to-well who they should consider their allies and who they should consider their foes.
One such company that MAP is proud to consider a strong ally, and a company that MAP can now introduce as its full-time credit card processor is: GPN DATA GROUP INTERNATIONAL.
GPN DATA is a PCS-DSS 1 compliant, full service, online payment processor, licensed payment institution, and payment service provider. More than anything else, MAP has partnered with GPN DATA because of its scalable environment in which every transaction is performed on a stable and secure platform ensuring lightning-speed transaction times and a plethora of industry leading security initiatives.
Along with GPN DATA, MAP’s relaunch during the month of November will provide for a more transparent, more secure, and – most of all – more profitable user experience.
In addition to this exciting update, we at MAP are proud to announce that beginning in December of 2016, MAP will be expanding its user base around the world! Starting in December, MAP – with the aid of GPN DATA – will be expanding our reach to the continent of Asia. Most specifically, it is planned that MAP will begin accepting both Japanese and South Korean signups, and consequently the Japanese Yen and South Korean Won, beginning in or about December of 2016!
Finally, in the past, we unfortunately have relied on VX Gateway to provide our customers with updates and information related to their accounts, refunds, withdraws, deposits, wires, etc. Moving forward, we are – once again – proud to announce that MAP will be expanding its commercial customer service base and providing comprehensive technical support to MAP members 24 hours a day, 7 days a week. Information related to topic-specific technical support contacts will be updated on the MAP website over the next week. Further, GPN DATA will provide transaction-specific customer support through its experienced, multilingual, technical support team 24 hours a day, 7 days a week.
We encourage members – especially during this time of expansion and new additions – to utilize this customer service expansion by bringing us your questions and comments regarding the MAP product via our support desk.
I want to take a brief moment and comment about the ongoing issues related to VX Gateway. In short, our legal team continues to pursue a resolution between VX Gateway and MAP while leaving the lines of communication open throughout the process. Accordingly, previously acquired credit packs and account balances will be parked and, for the time being, cease to produce profit-share. As further updates become available we will provide comprehensive progress reports. For any specific questions regarding VX Gateway related issues, please contact our customer support.
We saw no need in dis-allowing those of you who still want to build your businesses the opportunity to continue to do so, and earn profit-share on new purchases whilst we work out our issues with VX. As your CEO, know that I will continue to fight for you, and we will not stop until we have reached the most optimal solution for everyone.
Anyway, enough about that! We are here to announce the relaunch during the month of November, the incredible partnership that we are unveiling with GPN DATA, and our HUGE cross-continent expansion into the Asian market.
As always, we can’t tell you how much we have appreciated your patience during this time, and look forward to a transparent, secure, and profitable future with MAP!
MyAdvertisingPays'


Saturday, 5 November 2016

Traffic Monsoon - Latest Court Information



Latest Court Information:

Judge Parrish has extended the previous Temporary Restraining Order.

This means that Traffic Monsoon and Charles have been prohibited from 'soliciting, accepting, or depositing any monies obtained from actual or prospective investors, individuals, customers, companies, and/or entities, through the Internet or other electronic means'

They have also been ordered to repatriate 'any and all funds or assets that presently may be located outside of the United States that were obtained directly or indirectly from investors.'

The court has also unexpectedly taken over exclusive jurisdiction and posession of the assets, of whatever kind and wherever situated, and placed them inside an interest bearing account.

Thanks to Behind MLM for this info:

http://behindmlm.com/companies/traffic-monsoon/traffic-monsoon-tro-extended-until-preliminary-injunction-decision/

Thursday, 3 November 2016

Traffic Monsoon - Court Hearing Adjourned to November 30th 2016



The deadline for documents to be submitted is November 28th and the final hearing, before the Judge considers her verdict, is at 9.00am on November 30th 2016.

Charles is still insisting that there was more than enough money to pay everybody and that profits weren't guaranteed.
But take away all the bluster and tangles of words he's written over the last few months and you're still left with the basic maths:

An ad pack costs $50.
You can get back $55.
That's a $5 loss on EVERY pack.

Thousands and thousands of these ad packs were sold which should equate to millions of dollars in losses.
The only way he can sustain these losses is to sell MORE Ad packs, from new people, injecting new money into the system, which pays
out the older members who want to withdraw - which makes it a Ponzi.
The beauty of Traffic Monsoon (and the hundreds of other Ad Revenue sharing systems out there) is that the majority of people DON'T withdraw any funds at all. Instead, they attain to owning as many packs as possible, to get the maximum amount of 'profit' out of every pack they buy - which they then plough into buying MORE packs before the old packs expire.
If every member withdrew all the money they were owed, at the same time, the system would instantly collapse.

Another defence is that he only pays Commissions on Ad sales.
Fair enough.
But if you're already making a loss of $5 on every pack, and then you pay commissions on top of that, he's surely making even bigger losses?

He's also said on numerous occasions that the figure of $55 isn't guaranteed.
But the figures he quotes below, clearly set out a fixed rate for clicks.

This was taken from his site in 2015:

'...These are paid-to-click links which appear on your dashboard, and reward you with extra cash!Cash links are a great way to show other members what else you're involved with, and invite them to join you.
Basically
$1.00 => 50 visitors = $0.02 per click. $0.01 goes to clicker, and $0.01 goes to sponsorVisitor 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.
Sharing:
Only 1 of the services we offer includes a revenue sharing position. We do not sell "shares." We only sell advertising services. It's from the sales of all our services that we share revenues.
When our members purchase a service from TrafficMonsoon, the revenues from that purchase are held by the company. Then, you can qualify to receive share of the profits! Naturally there is cost associated with providing services. Each service provided generates a profit margin. We share those profits with you!
When you purchase an AdPack combo advertising campaign for $50, you'll receive 20 clicks to your banner, 1,000 traffic exchange credits, and a revenue sharing position.
When you click a minimum of 10 ads in our traffic exchange and remain on the websites for 20 seconds each, you'll qualify yourself for 24 hours to share in site profits.
As long as you are qualified, each sharing position you receive with your AdPack Combo purchase will continue to share in revenues up to $55.00. Reaching this maximum is not guaranteed, or affixed to any time frame. It's completely reliant upon sales of services, and you being qualified.
Earn Traffic Exchange Credits:
Any purchase turns your account into a life-time paid member. Each ad view in our traffic exchange will reward you 1 visitor credit in the traffic exchange.
FREE members can surf ads, and receive 1 visitor credit for every 2 sites you view in the traffic exchange.
There is no requirement to refer to share in site profits.
Services:
We share profits from all of the following services.
Pay-Per-Click Banner Ad Campaigns
Pay-Per-Click Text Ad Campaigns
Traffic Exchange Start Pages
Traffic Exchange Credit Purchases
Monsoon Traffic Packages
Login Ads
Pay-Per-Click Campaigns are $0.25 per click and allow you to target your ads to specific countries for $0.50 per click. Every click on your banners ads is worth a lot - those users who click on your ads may become your referrals or even clients. Users click simply because they are interested in the topic of your ads!
Traffic Exchange Start Pages is an offer we have for your site to be the first site viewed by all members. This is priced at $35 per day. You'll receive a lot more attention to your ad this way and stand out first in people's minds...'
And look at the affiliate programme.
10% COMMISSION:10% Affiliate Program
You've got the opportunity to invite your friends, family, or other groups to enjoy our services & benefit from our lucrative affiliate program. For each purchase of service (except cash links) one of your referrals makes, you'll gain an instant 10% commission. This alone can help you build a constant cash-flow...'

Simple maths will convict Charles.
Traffic Monsoon can't be anything else than a massive Ponzi Scam.

Wednesday, 2 November 2016

Traffic Monsoon - Case to Resume on Thursday 3rd November



The court has been adjourned until Thursday 3rd November at 9.00am.

Below is Charles reply - a verbal two-fingers to the SEC and the judge.
It's probably not the best idea to insult the people who have the power to throw away the key to your cell door Charles,...but great entertainment none the less.

'The SEC sure wasted a lot of time today, and there was several hours of testimony that actually never really focused on the meat of the case. What we discovered today... is the SEC star attorney Daniel Wadley has no clue what Traffic Monsoon actually is, and actually want to try to pull a fast one by the Honorable Judge Jill Parrish. Daniel Wadley wants the judge to believe that a ponzi is paying people from sales.

The SEC's Daniel Wadley twisting of definitions, twisting of details, twisting of facts, and actually ignoring what was written on the website. Their star witness, Peggy Hunt, claimed she didn't know almost anything about what was written on the website and got so many facts and figures wrong-- the SEC had to correct her multiple times on her own testimony.

Ponzi = Gaining investors to pay earlier investors .. in order to satisfy a debt. That's the key. The key of a ponzi is when Person A is owed $5 (example) and the company doesn't have the $5. The only way to pay Person A the $5 the company owes them is to collect it from Person B -- and they gain that money by promising them returns on their money. Which then they owe them returns too, and they have to gain more money to pay the money they have told Person B they have earned *already* but the money doesn't actually exist.. so to pay the money they have told Person B they have earned is by getting Person C to invest by offering a high interest rate which they actually can't afford to pay..

If you're paying people using money already received in sales of service, and rewarding people from that money when they click on ads.. it's not a ponzi. How stupid does the SEC think the judge is trying to pass that definition by her using a witness such as Peggy Hunt who can't even remember anything, has no idea that 728x90 banners cost *minimum* $100 - but with an adpack the buyer can get them for $50, and there's a difference in country targeting with the services being offered.

The SEC wasted a lot of time to drag this on, and very little was even discussed relating to whether Traffic Monsoon was actually a ponzi or even an investment. Other than this statement about this defintion of Ponzi briefly mentioned, the rest of the day was nearly pointless. We're in recess until Thursday at 9:00am.

I can't believe how much time the SEC wasted today. It does appear they are trying to twist and pass half truths as reality. Peggy once again said she didn't know what EVP international is, even though screenshot was plainly provided to her, and she could have setup a payza account for herself and selected "add funds by wire transfer" and found the instructions to add funds to payza are to send funds to EVP international. Until she can verify this single fact, she is unwilling to provide me money for food. But the facts have already been provided to her. When asked if she knows what EVP international is (while she was looking at that screenshot) she said she doesn't know. Unbelievable. The twisting of truth and lying going on is truly evil and has crossed the line.

The SEC truly doesn't care about the people's live's they are impacting by making this case drag on and on. That much is clear. They are more interested in their careers, people they have associations with, and looking good in front of their friends, than the fact that people are hurting in their lives wanting to see this come to a quicker resolution. They care more about climbing the corporate ladder, than worrying about protecting people. They truly only care about themselves... so busy with their own lives, Amy Oliver traveling internationally, to be bothered to wrap this case up and get people's lives back on track.'


Tuesday, 1 November 2016

My Advertising Pays - Latest Update



My Advertising Pays have just released their latest update.

Its been late coming because Mike has been travelling the globe - first Cuba, now 'two other countries', in search of ...he doesn't say. But he has certainly been REALLY busy. Collecting Air Miles presumably.

Update 1st November 2016
Hello everyone,

First off, we are fully aware of the frustration of many of you. Believe us, we are as frustrated as you.

Please keep in mind, it what not our own actions did has caused this frustrating delay.

Our Legal team and CEO have been in the air, going to several
countries, working for a solution for both our current woes and
relationships for the future.

Mike wanted me to extend his apologies for the delay in updates as he has been full out, day and night working for a resolution through many related parties. In fact, he just returned from Cuba and is leaving again today to visit two other countries.

Due to the sensitive nature of our dealings with VX gateway, on
advice of counsel, we can not comment on certain aspects of this ongoing crises.

There most definitely has been some progress on many fronts and another update detailing this will be released this week.

Thank you for your continued patience as we work hard for a positive outcome for us all.

MyAdvertisingPays'

******
Meanwhile Danny Turner AKA Doede Khan has been posting how he's been banned from several MAPS groups.






Never, ever, thought I'd have something in common with Mr. Turner! 
Welcome to our world Danny!!!

p.s Danny, this must be the first time you've mentioned my name without saying something horrible. Feeling all emotional. Rock on Danny!