he is now a proven fraudster, the ban certainly won't stop him to create a new account and starting all over again. that is the expected scenario. I even think he has already made a new account because of many neg tags on his current.
This is not enough for someone who stole $25k from a developing project, this is huge and it more than just tagging account he needs to be held responsible for his fraudulent dealings maybe the team should try to get in touch with Theymos to see how if it would be possible to get his ip logs for easy tracking. In some countries, $25k is enough to give you a better life with good business. Well it's up to the team, they wanted a cheap manager.