Truly many good questions that need to be answered. For someone to go out and get all the national attention that he did and not have a definite, secured facility is really mind boggling. There are really only 2 things that could have happened.
(1)- He knew right from the inception of this whole thing that it was a scam and he was going to fleece the investing community. PERIOD.
(2)- Everything was in place for this to happen and he truly did get blindsided by the property owner. Overwhelmed with what transpired, panicked, and made a poor choice in how to resolve the issue.
I don't see any middle ground here. With the timeframe that all this went down under, it was either there to happen or it was a planned to have this outcome.