I don't understand why criminals robs bank, steal or sell drugs?? When they can easily come up with a scam like SPCL in the OTC to sell shares and never get investigated by SEC.
They could stay silent forever and they would just be suspended but no legal repercussions would come about. Or just cancel the RM after scamming so many.
It's just sad when our legal system has such a big loophole for scammers.