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TnLounge Forum / Webmasters / Featured: Online get-rich-quick scheme Traffic Monsoon hits a storm (1 Post | 304 Views)
Featured: Online get-rich-quick scheme Traffic Monsoon hits a storm @ 10:16 pm
On May 14, 2016
Looks like there’s a problem at a get-rich-quick scheme that claims to involve more than half the world’s population in “over 220 countries” – even though the last time I checked there were only 196.
Traffic Monsoon, run by American Charles Scoville, promises members a slice of the millions paid in online advertising every day.
Apparently all you have to do to is fork out $50 (£35) for an “ad pack”, and then daily click on 10 adverts that link to other projects such as Scoville's AdHitProfits.
It's easy to see how Scoville benefits - he gets ad pack revenue and traffic is driven to his sites through those clicks. But what's in it for people who join?
Well, once you're in, the more people you recruit, the more commission you get when they buy their own ad packs.
Which makes it sound suspiciously like a pyramid scheme and very similar to My Advertising Pays – which I exposed last year.
One worried reader told me a friend has poured her life savings into Traffic Monsoon.
“I have no doubt that there must be hundreds, if not thousands, of people like her who have put this sort of money in,” he said. “This stinks to high hell.”
My colleague Antonia Paget went to a Traffic Monsoon seminar in London that had the air of a cult meeting.
More than 250 people cheered and clapped as speakers praised the rapid growth of the scheme, which they say now boasts more than four billion users.
If over half the world’s 7.4 billion population is involved, it’s a surprise I haven’t heard of it before. Members were encouraged to bring guests and one man told a newcomer that it would be “the easiest grand you’ll ever make”.
But there’s a snag – users are struggling to remove their cash. Scoville claims this is because he is moving the company’s $54 million from PayPal and launching his own ‘TM World Bank’ in the Dubai World Trade Centre.
He’s not got back to me which is a shame, because I wanted to ask the self-styled “international leader in paid-to-click advertising” if he was also behind previous failed online money schemes including InfinityBux and Tviptc.
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