For me, everything will depend on how events unfold from now on, if he collaborates and starts a repayment plan I'll give him the benefit of the doubt. If not, I'll support the flag and change the tag.
Most times in these cases we have seen people hide and yet we are seeing him all the time responding and showing his face.
Since I think you have reasonable on positions on many topics, I would be interested in your opinion on "bounty managers red tagging other bounty managers". Whether or not someone is rightfully in that position to do so (DT1 , DT2), most people probably won't deny the fact that there is an additional incentive for a red tag from members of a specific group who are in competition with each other. Taking into account that @julerz12 did apparently rake in some very well paying campaigns who drew a lot of attention from many members of this forum, I am not that surprised that the red tag comes from a bounty manager.
I did expect @Hhampuz to actually do what he did: not red tag and instead offer his service to keep damage to the forum's reputation at a minimum. @icopress went for it and pulled the trigger.
Again, @icopress in the position to do so, but when I were running a car dealership and fucked up and would have to go to court, I'd probably feel more comfortable if the judge wasn't owning a competing car dealership around the corner of mine. In fact, the judge would probably be rejected because of bias right away.
All those who could have given a red tag but didn't and are also not bounty managers actually acted the way I personally thought is the right one for the moment. This is not to say that the tag could be turned into red by @Poker Player, it absolutely could and should. But even though I expected @icopress to go for such a move, I am not sure that was the appropriate action to take here.