LOL, some peoples never learn...
As you said sad for the investors, but hey we work hard for that money we invest and a minimum of DD need to be done everytime you invest, even through professionnals.
I have a friend who lost a lot of money in stocks because of the ''professional'' he was dealing with. In the end he dont want to touch stocks anymore... sad but he is responsible for putting someone else in charge of his investment and not doing DD.
I'm in no way a big investor and I just pick the cherries on top of the cakes here and there, but I'm happy I never lost money, always was probably lucky to only pickup winners. Seems when I got in ORT last year I had another ''lucky vision'' of what to come.