GenesisMails Money making scam Internet

I signed up with this company in November 2012. Someone told me about how I can make money from the site by just clicking the ads that they email. The website told me once i hit 50,000 i could request a payout and get my money within 3-9 months because i was a free user if i wanted the money faster i should upgrade my account to the premium so i did. I paid $166 was told my account would be upgraded within 14-24 hours i paid through paypal and that it would take 7 days for the payment to clear. I sent 1 payment but it was returned to be denied. I sent another payment and that payment went through and was completed.  I have been reading online about the company being a scam but I am waiting to see what will happen to my payment that was sent out & if i will get my $50,000. This company has been up since 2012 we are in 2013 why hasn't it been shut down if it is indeed a scam? Why haven't authorities contacted the people of the company? We'll see what happens.