Wow, you really did your homework! Except they actually did exactly what you claim they should have done. (well, except for the MS part)
1. This is a deceptive scam.
2. They are stealing people's money via easily proven fraud
3. The perpetrators should be easily identified by whoever cashes the cheques
What am I missing here?
"Consider a spherical bear, in simple harmonic motion..." -- Professor in the UCB physics department