nostradamus,
Your absolutely right, unfortunately arm chair quarterbacking doesn’t get us anywhere, hind sight is 20/20 and always the perfect vision but this is called an affinity scam using the Ponzi scheme.
Until you understand how this fraud works it easy to point things out, but this happen for many of the victims over a long period time by people who thye trusted and once they have you sucked in it is hard to walk away. Especially when you are told, if you don’t cash the CC’s PWM will terminate you and your investment will be lost.
There are many folks still getting money from Duncan and company and would have to be dumb, deaf and blind not to know this is scam but are scared to lose everything, they are being feed small amounts of money to keep them from going BK and are told these are returns on their investment. Another reason they are not getting out they are being told that everything is legal; their attorneys are working with a few disgruntled clients. We are legitimate and you are getting returns on your investments. Your investment is locked for 3-5 years if you cash out you will take on heavy penalties or you will lose everything. Unfortunately when this happens it is to late. Good example of this scam is the Reed Slatkin case http://www.slatkinfraud.com/index.php