Yes, you are speculating but you cannot answer the basic question as to why this company remains in business today.
The claim that employees are making millions is nothing more than negative speculation and IMO totally wrong. the company is still operating and still has employees. It apparently still as a viable product of interest. The easy way out would be to shut the doors and reopen under a different name. A true scam would do that. Frustrating for you isn't it?
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