If I had scammed all of you I'd be doing the same thing. Keep people believing I'm being honest as long as possible and hope I can drag it out until that three year statute of limitations is over.
I might be wrong here, but from my perception you really want this to be a totally planned scam where nobody gets anything back. Why is that?
Further, its sort of weird that you've posted in this thread more than anyone else, but you have no dog in this fight if I remember correctly. Or did you have money in a Phenoms league? Please let me know if I'm wrong there.
I've been trying to follow this as I'm curious to see what happens long term. I played in one of his leagues about 10 years ago and used to banter a bit with Mike Z in the Free For All.