So the news has been mentioned in here before and that means we are done? Swoopo is still running and scamming people. I guess we stay quiet until this become big and the victims are every where. Only then we'd start complaining, just like Madoff or pyramid scheme....

Do something, People!! Pretty sad..

its a dollar auction. http://en.wikipedia.org/wiki/Dollar_auction

the concept has been around for a long time. swoopo isn't the first, and won't be the last.