To comment on your statement... "I really don't understand how people get away with these obvious scams, where they steal investors money and avoid jail every time." It's surprising to me that people still don't understand or grasp the depth of kleptocracy that's interwoven throughout the financial, investment, and banking systems. Where as the result of this purposely constructed morass, the little guy almost invariably loses. I didn't expect this to happen in our case, but I guess cynically, I'm not surprised. People and organizations of this ilk (investment and financial establishments) are protected by the legal system. Thus, that's the only way this stuff could happen in the past, and will continue to happen in the future. It's just sickening to witness organizations (a'la Wells Fargo) getting caught red-handed, cheating their customers/investors out of enormous amounts of money and then ordered by authorities to pay restitution which amounts to many times less than what they stole. Also, it's a pretty good bet jail time was a term that was forbidden to be mentioned in the hallowed halls of our justice department, regarding Well's case, or any other case where The Big Fish stands to get truly flayed. Yes, paying fines are just a method of cost of doing business. Yes, it's truly a gamble when one invests in the market, specially, these secondary markets. So, I guess we gambled and we lost. Not to say that we shouldn't try to seek justice in this case.
GLTA
