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Likely that beyond whatever punishment he receives under the judicial system, there will be little other consequence to him for his actions.

People do bad things, and get away with it all the time.

EDIT:

Interesting aside: Just world fallacy [1]

[1] http://youarenotsosmart.com/2010/06/07/the-just-world-fallac...

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Sadly, I fear you're right. At the most they'll probably get a slap on the wrist and those who were complicit in buying the Snake Oil (knowing they were bunk or not) will get scarcely above a stern word or two.

Rather depressing to think about.

As long as the process (of evaluating and purchasing the items in question) did its job, no one has to be accountable.

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