JorgeStolfi
Hero Member
*****
Offline Offline

Activity: 910
Merit: 1002



View Profile Personal Message (Offline)

Ignore
April 05, 2015, 10:39:24 PM

why doesn't anyone from the allegedly called "authorities" do something about it? Is it not declared an illegal act?

Following a time-honored worldwide tradition, the Authorities only step in to close a Ponzi after it has collapsed.  Until then, it always gets full support from them, including endorsements reassuring statements to the press, presence in conferences and roundtables, Congress hearings, special regulations and exemptions, etc..