@Phillip *******
I'm not the one running this scheme, so you'll have to ask them.
But you must be naive and new to Thailand if you think that anything which isn't closed down automatically means it's legit.
Again : if it is legit, just point us to the laws with the specific requirements agents use to avoid the money requirements others have to use.
I remember when back in the days guesthouses, stalls on the beach,... on islands openly sold drugs. Was on the menu and could be put on your bill. Was normal, wasn't closed down. Doesn't mean was legit.