Most modern mono 1/8" jacks have enough distance between the tip and the ground contact that it will miss the ring. The ad says works on either stereo or mono, that would indicate to me that they have the tip and ring tied together as there is only one transformer.
If I had it, I would cut the heat-shrink off and look for a bad solder joint before using my old radio-shack signal tracer (amplified speaker) to follow the audio through the path. Also possible is the transformer has gone open on either the primary or secondary. that would give the symptoms he is describing of absolutely no audio getting through.
Of course, I have been a consumer-audio/ RF tech for 40 or so years and am not afraid of voiding warranties.
If ScannerMaster won't do anything for you, we can make arrangements to ship it to me to trouble shoot and possibly repair. I won't charge and will even pay shipping back.
Address at QRZ is good if you are interested.
Bruce