There's a lot of dumb fraud. Being international of course makes everything harder. Usually the amount of investigation is related to how many people were scammed. People need to learn how to do due diligence because the definition of fraud can get vague at times. I think your example is a good case of due diligence, it couldn't hurt to blog about their fraud though.
People did write about it, that's how I found out so much so quickly. I didn't invest, but cake reasonably close. One could call it due diligence, but I can see how easy it is to fall for things like that. I got a lot more sceptical of these ads, even more so than before.
