WHY? I can not fathom why this man did what he did. He had access to BILLIONS upon billions of dollars and could have collected fees on that every year (a tidy sum)and easily obtained at least market returns for his clients. Why create a ponzi scheme? To impress people with fake high returns? This guy didn't even try to invest/trade. He hadn't made a trade for over a decade. That's Crazy shit. Just go out and buy the market and get market returns. Taking $$$ from very vulnerable people (old folks life savings) even as it all was about to collapse. I don't get it. The only thing I could come up with is this man was mentally disturbed and or had some desire to hurt people.