Listen folks, Yechiel isn't planning on trying to defend the 'company' at this point in time. He's just here to make silly comments.
So if you feel passionate about this subject, then do something practical. Share a link to this thread and the latest filings on your FB page, local shul poster board, w/ friends and relatives, in short, try to shine some light on it.
And we will pray that those that get screwed over from this won't be embarrased to come forward, sue the ppl on top, and share their story. After all, we all make financial mistakes, they're not the only ones.
Only by doing this will we prevent these scams in the future.
And a side benefit would be locking up the perps and causing their financial ruin.