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Thread: SEC shuts down WCM 777 clone, Vizinova pyramid scheme

  1. #1
    littleroundman is offline Administrator
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    SEC shuts down WCM 777 clone, Vizinova pyramid scheme

    The only thing necessary for the triumph of evil is for good men to do nothing

  2. #2
    shipdit's Avatar
    shipdit is offline Senior Member
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    Re: SEC shuts down WCM 777 clone, Vizinova pyramid scheme

    .
    I don't think I will ever fully understand the criteria that the regulatory agencies employ to decide which SCAM to shut down next. As satisfying as it may be to see them jump all over a relatively small scheme that has "only" made off with $1.4 million, it is frustrating to watch so many larger more ultimately damaging SCAMS slog on for years untouched.

    SD

    .
    "No one in this world, so far as I know - and I have researched the records for years, and employed agents to help me - has ever lost money by underestimating the intelligence of the great masses of the plain people" - H. L. Mencken

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