That does totally sound like a scam. You could practically make a separate post on this. I'm sure the people involved are trying to pocket any amount of money they can get their hands on. When free markets are killed corruption runs rampant. I really hope that the government would run out of money soon.
Wish you good luck. Hopefully steemit and other cryptos would be of some help.
Thanks. Yes, there were a few managers even taking out the cash for themselves -there's a massive lack of cash and people use to pay 100% more via wire transfer to get some cash-
Thank you for your good wishes