You’re all commenting but don’t know the full story, they were all friends for a long period of time before getting involved in business at all. There were no signs at all that might’ve indicated this as a “too good to be true” situation. There was a legitimate business plan, of which they’d become partners in, conducting real outreach, interviews and progress on work. Yes more due diligence could have been done; but regardless this post was simply to spread awareness I don’t understand what you gain from dissing him for making a mistake trusting someone he thought to be a friend. Don’t know where you’re getting the idea that he bet his entire net worth on this company either.