I too think that WWEI is not a scam. If Larry & Co were running a scam show then they would have increased the shares and made more money inturn by selling them.
I think Larry & Co were taken for a ride by the Chinese. It has happened to lot of Indian companies doing business in China. The Chinese philosophy is "What I have, I will keep, where as what you have we will share". This is evident in the way the country deals with Border issues with is neighbours.