If Patrick made this blatant promise for his potential customers, and then later he provided evidence contradicting his initial promises, than a scammer tag should be issued. The investors should open a thread in this section and present the necessary evidence to prove the intention of fraud.
The Kraken fund may be a slam dunk case of fraud. The Kraken fund began operations after it was quite clear that Pirate was in massive default and very unlikely to ever pay back another penny. Yet the Kraken fund bought Pirate debt, and Patrick was clear about it being guaranteed by him personally. (All of this was known to the investors too, but the fault in this case is not equal. In this case, the investors mistake really was to rely on Patrick's promise. There was nothing Patrick didn't know at the time.)