Yes, a dispute with CC company may not be feasible, yet a fraud lawsuit is. I have spoken at length with the SLO county District Attorney regarding this matter as I was concerned about the Statute of Limitations. His legal opinion was that it ties into intent, i.e.; when did he intend to defraud? He has made many promises on his FB site, yet how do you prove he made the posts? He has sent messages to customers making promises to deliver. That may kick the can down the road a bit as far as the SOL is concerned. I have no optimism and am actually neutral. If I get the figure, great! If not...so what.
I would like to know why he continued to take orders, not only from customers but also merchants, for an additional 3 years knowing that he would take a loss on each figure and he was encouraged by everyone to declare bankruptcy...or so the FB post claims. Yet from a business perspective it may make sense as to further business down the road. Take a loss now to get that goldmine later. Yet due to the time that has passed I cannot see how he would expect anyone to ever trust him again.