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Where are the double crossed investors? Where are the irate scammed customers? Where are the gullible venture capitalists who’ve been taken for a ride? Nowhere to be seen. Why has it taken Rossi so long to cash in on this? Wouldn’t he have cashed out at the very peak of the preceedings after the 1MW demo? That’s a bit odd isn’t it, but the pseudos don’t mention this.

Since hearing about Rossi and his E-Cat, I've been researching known "energy" frauds. I've discovered two things:

They typically can drag things out for years
They never have an "exit strategy"

Steorn [http://en.wikipedia.org/wiki/Steorn] has been conning investors for a decade, to the tune of about $20 million.

Tilley [http://peswiki.com/index.php/Directory:Tilley_Foundation,_Inc.] ran his scam for over six years, and conned investors out of millions. By the way, Sterling D. Allan, Rossi's partner, was an enthusiastic believer in Tilley's perpetual motion car (see http://www.greaterthings.com/News/Tilley/index.html for a ongoing list of articles. If you want a feel for how this scam played out, read the page from the bottom [oldest] to the top [newest].)

Priest [http://jacksonville.com/tu-online/stories/050502/met_9322821.html] scammed companies including Blockbuster Video and Intel out of millions with nothing more than a hidden VCR and a half-mile-long spool of video cable. This article points out that big companies are often reluctant to prosecute scam artists because of the bad publicity associated with being shown to be chumps.

And, to show that this is nothing new: Keely [http://www.lhup.edu/~dsimanek/museum/keely/keely.htm shows that these energy scams were going on well over a century ago. It's almost scary how many similarities there are between Keely and Rossi.