Snowball and a hill.

https://archive.is/AC6pB

The structure is not an uncommon story, but the scope of access the individual in question possessed is probably what makes it unique. It looks like, at least at the present the accused got scammed. He was being bilked for money and usually how these things go the victim eventually either tries to break away or goes bust. This man however had access to other people's money and managed to, at least as of now get all of the blame, absolutely none of the profit and imploded his community.

Bad luck all around and it'll be interesting to see if he simply drowned or just kept holding on to the anchor.