so, my deduction is that he is not actually funding anything, but giving the impression that he has given money to the project, to enable him to take a reap of the rewards of the scam?
provably unfair on investors.
Just to be clear on this, your intelligent remark to follow-up on this is that this man would risk spending years in federal prison to support a scam that he has no stake in? And you'd like to be taken seriously, of course, right?
I'm with you. His involvement doesn't preclude a scam, but it does mean that there was probably an actual business plan, and he performed some amount of due diligence. There is no way any professional investor wants to be near a ponzi scheme. I highly doubt this guy thinks this is a scam.