I am sorry to say it (because I don't like blaming the victims) but anybody buying this deserved to get fleeced.
Here was the "story"
A guy is denied voluntary bankruptcy protection from the IRS so he kicks out EV who has control of the Company and "gives" shareholders $2M and a company worth a hundred million (yes, that was the story).
The IRS throws guys like that in Jail....they don't sit back and watch them piss away all their money.