I hope for your sake and your friends and family and others, that things will work out for the best but I an highly doubtful. Even scams can go up though (at least the successful ones do).
Do your DD. Seek advice from people who know. Be skeptical about everything you read on these boards. Look into it for yourself. Don't put much faith in PRs, especially those not accompanied by an 8-K filing.
Anyone can be wrong once in a while, but time after time about material things might be considered habitual lying.