He still filed false financial reports. The big question is why didn’t the SEC find this suspicious. It’s like a Mack Seennet comedy. A buy in a mask, beret, and a striped shirt wearing a sign saying “I am a crook” walks by a Keystone Cop, tips his hat and walks on as the cop beams.
Did he file any financial reports at all? When you’re stealing peole’s money why would you do something foolish like that?