The Motorsport Games Scam Explained

A group of Eastern European sociopaths dupe investors into giving them money to acquire useless or unprofitable companies, pocket huge salaries while roleplaying as CEO's for said useless companies, and then perform a final pump-&-dump to wash their hands of everything. For 20 years, it went unnoticed.
Some guy who races a lightly modified Pontiac Sunfire figured it out in an evening, which is both hilarious and sad.