I don't know anything about that individual, but I think it's relevant to point out that as times get tougher, people, feeling financial pain, are more inclined to trickery and deceit to try and make $$$.
It's human nature to become accustomed to thinking that other people are like you. The psychological term is called "projection". We project our beliefs onto other people.
Being nearly the 10 year anniversary of 9/11, I would point out what I pointed out back then: what the terrorists did is upset our basic psychology by invalidating the basic concept that 'other people generally think the way that I do'. The (call them what you will) shattered our ability to reliably 'project' our belief system onto those around us.
It made things, previously predictable, scary and unpredictable in our minds. As also, apparently, this guy is doing to some on GB.