Yo, Themos:
We who've been around for a while understand that in true Libertarian form this forum may be leveraged as a vehicle by the strong (scammers) to separate wealth from the weak (users) for personal gain, and special access to do so can be obtained. I personally even have some respect for this in that it is a pure...if somewhat brutal...embodiment of Libertarian principles. (I don't personally hold these principles, but that does not stop me from appreciate them at some level.)
But when a guy gets caught red-handed leveraging his moderator privileges like our friend ~davout here, he's doing unacceptable damage to the platform, and by extension you, and it's time for him to go. That also is brutal common sense. We see it in politics all the time.
That said, I'd rather see ~davout stick around. The more material he produces here, the better the possibility that those who he might have victimized may realize some recompense.
For the record, I was assured that ~davout's level of access as a moderator is not sufficient to allow him to peruse people's PM's. I asked about this on the 'meta' board about a year ago when it became clear that there was a very real possibility that the guy was actually a criminal and when I was using the forum PM system to solicit information I though I might need to achieve recompense for my losses here.