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by Roshie5u 3213 days ago
It will be too late when they act but I can't blame them - it is all about politics. With recent pyramid scheme it was something like:

1. It is as scam, why the regulators don't do anything!

2. Regulators added company to warnings list - people say it is not enough

3. Regulators launch formal investigation - people still say it is not enough but another group complains that government tries to interfere with entrepreneur

4. Some branches are closed shut down - people say it is regulators fault that caused massive withdraws.

5. Pyramid scheme company is dead, everyone complains that regulators didn't do enough and reacted too late.