Wow, this is the third ponzi scheme the SEC has dealt with in a week. Keep your guard up; if it looks too good to be true it probably is! Here is the article in Accounting Today by Daniel Hood:
http://www.accountingtoday.com/news/SEC-Shuts-600M-Online-Pyramid-Ponzi-Scheme-63686-1.html?ET=webcpa:e5982:204199a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=WebCPA_Daily_081912
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