To be sure, they're all not like this one (dishonest), it's just that too high of a percentage ARE corrupt scams. It's not like they don't happen here as well, but at least there is some accountability as there is no language barrier and no cultural anger that specifically targets us because we are Americans.
I am sympathetic. I am also burned by this company and another company STV, losing big. However, to make a claim like this is immature. In US, we have ENRON, WORLDCOM, and others that are in much large scale. So, you would never invest in another US company, right?