They have been by the SEC a few times, and IMO probably are currently being investigated. That won't help you as the SEC takes years to prosecute.
The board of directors. All of their personal assests need to be frozen here and abroad.
The Board are Grable and her daughter Deb Obrien. Grable fired the independent board and the compensation committee years ago. They sold off all of their assets including their real estate - their houses went into foreclosure, and sold the only asset IMDS owned, the building, years ago to a former employee who runs a sham distributor for them. Guessing that Grable and kin moved all of their money offshore.
Those of us that invested need to accept the fact that we lost. There will never be a return on the investment. Our money is gone forever.
IMO you are correct.
Some smart, computer and business savvy person should set up a webpage so that every investor can send in a compilation of their investment and losses. The information should be forwarded to the feds for further investigation.
The IMDS scam has been reported for years on message boards, news articles, and such. IMDS does a very good job of getting the boards scrubbed and also scrubbed their website of anything prior to 2004 to cover their butts.
Your only solace may be one day when they fail to pay the IRS for stealing the employee with holding funds.
There was a class action attorney in California that had a case all written up at one time, but no IMDS shareholder would step forward to be the lead plaintiff.