This is huge. HUGE. It is the nail in the coffin. These scam artists are now subject to REGISTRATION, meaning all those hairdressers, pizza pie makers, plumbers, etc. are out of business...at least until they find another fraud like "concierge services." If it were not for people here these clowns would have gotten away with it.
This story would make for a great episode of American Greed. Better still, a Law & Order Episode. The writer could make up a fictional character who needs maturities to keep the investors happy, during a time when one insured fell off a ladders to expire from a of failed hemorrhage, another swam with the fishes, another was found dead from a staged suicide, etc. Anyhow, leave the gun and take the cannoli. The dessert is just.