[rwhitman]

Why wouldn't a scam like that be worth a $76m investment? The business is obviously very lucrative.

If a business is profitable in the hundreds of millions, as long as it is borderline legal, someone will invest in it. Thats the sad reality of how this stuff works.

Though it is disappointing that Business Insider didn't take a few seconds to make an attempt at journalistic integrity, and do some research here rather than once again simply regurgitating a press release as some fluff piece.