Is Perfect Money Running Ponzi through Credit Exchange ?

Where to Begin ?
I am relatively new to the Bitcoin experience, perhaps i should say naive. But everyone was young once.
So i sign up for Perfect Money. I use Changer to cash in some bitcon and , Voila , i got usd in my PM account.. Pretty cool i think to myself.
I am looking around at the PM website and i see "Credit Exchange" on one of the tabs next to "Log Out"... Hmm What's that? I click once and then click on the Lobby... and there is a Long list of official looking named groups looking to borrow ~$5 to $ 50 and some willing to pay about 200% for 24 hours and return is automatic right back into your PM wallet.. hmm Ponzi I think to myself. (well some ponzi's pay off for a while and i am a curious person) Ok, so i am feeling rich so i put $5 here and $5 there and see what happens. 24 hours rolls by and the return comes back as $ .02 .. That's it.

Pm says things like 'if the borrower doesnt return the funds willingly their account is frozen and funds returned to the lender by PM.'

So i send support a question. say what is this? this isnt even a ponzi, it is a snatch and grab....
This is how the support answered my quesitons :
ME...
i joined perfect money e-banking system.
and found a section called credit exchange.
go to the lobby and see alot ads for short term high interest loans.
like $5.00 at 200 for 24 hours.. stuff like that, and they give stats of these outfits wanting the loans.
stats looked like they are paying these high interest loans off.
PM...
In case a loan was not repaid in time all Perfect Money accounts associated with the defaulting borrower are immediately blocked by the system. Any funds available in those accounts are then automatically transferred to the offended lender until the debt is compensated in full.

Unfortunately there is not much else we can do in such situation, as we have neither legal authority nor means necessary to prosecute dishonest debtors. Thus we act mainly as a technical intermediary between lenders and borrowers.
ME...
Even one of the accounts was verified and still they didnt pay. you are running a coverup for scam artists. clearly they pull the money out of the account as soon as they can so you cant impound the money. why would a banking site that wants its trusted customers allow this ? because they themselves are scam artists.
PM....
Please do not use abusive language. Every Perfect Money account holder has an option to disclose his/her personal details to interested counteragents. You can ask potential borrowers to do that prior to granting them any loans, so that it would be easier to find and prosecute them with the help of legal authorities in case of fraud.
ME...
you and i both know that prosecuting someone internationally over a few dollars is out of the question. Perfect Money is tarnishing an other wise good reputation by allowing this. as for disclosure of personal details, i have no idea of knowing if the personal details are accurate. there is nothing legitimate about the credit exchange service you are running.
PM...
Unfortunately there is not much else we can do in such situation, as we have neither legal authority nor means necessary to prosecute dishonest debtors. Thus we act mainly as a technical intermediary between lenders and borrowers.
...................................
So Is PM running a snatch and grab setup for scammers ( parden the abusive language ) to take advantage of their customers?
Maybe the site itself is run by.... and will have a mysterious break in and keep all the Money/ Crypto for themselves ?

Why would an online E-bank allow anything this shady for their customers to even try to use ?
I know i won't be around to find out !