The story came to existence when GMAC shutdown the website and then BW covered the story (BW Story 1). The initial estimate of around 1000 violators by GMAC was then increased to 6000 and it made big news; BW published another article (BW Story 2) and there is a huge debate in their forums (BW discussion thread). GMAC tried to answer some questions with a ScoreTop FAQ, but I guess it still left a lot of questions unanswered.
This is hot topic in probably all business schools. This site is a disgrace. The well-being of the site highly depended on a snow-balling effect, in test takers coming back and reporting scores. Of course, it is well documented that Mr. Lei Shi himself appeared for the GMAT thrice, but that's hardly sufficient to run the site for 5 years. The mere existence of the site for well over five years is a clear reflection of the times we live in. When people are desperate, most of them take the easy way out. But guess what, Karma hits back!!!
It is ridiculous to see the perspectives thrown around in numerous discussions. "Test takers were innocent" say many - they're clearly not on firm footing. "How could GMAC cancel my score. I will sue them if they do so." say others - not knowing it wont stand the test of law. "Will my percentile score improve?" or "Will I get off the waitlist because of this" - question a few self centered ones! Some even have the audacity to publicly say "I scored well and got into a M7 school purely because of this website. If they cancel scores, I'll never be able to score the same again", not knowing that GMAC is never letting them sit for the exam again. Even more audacious is when someone says to this person "Don't worry! You haven't done anything wrong." Some even argue "These students must be kicked out because one of the qualities of a successful business person is to do a mistake well and leave no trace; and they have failed in that regard." I've been lost in this maze and don't know what's worse...
My opinion is certainly not going to change anything, but to me this is straight forward. In my eyes, anyone who signed up for the VIP membership has violated GMACs test policies. They clearly had an unfair advantage that others did not have. It was all but common knowledge that the JJs had live GMAT questions. Actually, this has been settled beyond debate in the court of law - the very reason why the website is down. I wouldn't be surprised if GMAC cancels scores of all 6000 students who signed up for the VIP access. But that decision involves a lot of subjective evaluation and would be a bit too rash from GMAC. I'm sure GMAC is more sensible than that. There are violators who went on to post questions in the forum from their tests - and these guys are definitely getting their scores cancelled. In theory, most of these VIP members could be students or alumni of top business schools in USA and hence the repercussions of GMAC cancelling a bunch of scores could be intimidating.
I believe GMAC will certainly cancel scores of many people, otherwise the point of the whole exercise is lost and the signal that it wants to send to such websites will not be sent. I am quite curious to see how this unfolds. If you had a VIP membership, pray!