Victims of the Traffic Monsoon Ponzi scheme have been given another 60 days to file claim details.

As of the original claim bar date, October 31st, 2024, 660 US and 9205 foreign Traffic Monsoon victims had filed allowed claims with sufficient information. These claims top $45 million.

Another 9685 victims have eligible filed claims but did not include their information. The value of these claims totals around $13.7 million.

In an effort to allow the second group of victims to file their information , the Traffic Monsoon Receiver filed a motion requesting a 60 day extension on December 23rd.

The Receiver also sought permission to contact Traffic Monsoon victims who had not submitted their information via email and email targeted Google and FaceBook ads.

The court approved the Receiver’s motion on January 8th, granting victims in the second group to file their information (March 9th).

As per the Receiver’s last filed Status Report in September 2024, the Traffic Monsoon Receivership is sitting on just over $50 million.

🤖 Quick Answer

What happened with the Traffic Monsoon victim claims deadline?
The Traffic Monsoon Receiver filed a motion on December 23, 2024, requesting a 60-day extension for victims to submit their claim information. As of the original October 31, 2024 deadline, 9,685 victims with eligible filed claims had not yet provided required details, representing approximately $13.7 million in claims.

How many Traffic Monsoon victims filed allowed claims by the original deadline?
By the original claim bar date of October 31, 2024, a total of 660 US-based and 9,205 foreign victims of the Traffic Monsoon Ponzi scheme had filed allowed claims containing sufficient information. The combined value of these approved claims exceeded $45 million.

How did the Receiver plan to contact Traffic Monsoon victims who had not submitted information?
The Traffic Mons

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