Buying a new "shell" does not eliminate the legal exposure to any stock fraud.
How do you propose "buying" this shell, with the money already obtained by the sale of unregistered securities, or through the issuance of additional unregistered securities?
In your world view does the bank robber escape conviction for old crimes by robbing a new bank to pay off the police not to arrest him?
Actually that could work here. The SEC seems to be pretty inexpensive to purchase on a "time share" basis with other Wall Street crooks, but all the most desirable weeks are already reserved.