[DelphiUser]

>>The point is that he "created a relationship of trust" intended to lead them to invest money in galleries he knew were bad investments.

Here is where the "Legal problem is: "he knew were bad investments" Prove what he knew.. Hmm...

[Young Scholar]

That would be possible if it could be shown that he withheld material information. Whether or not the fact that he "created a relationship of trust" would make it a worse crime on his part is questionable, though.