He thought the matter was over. Yalincak was convicted of fraud, sentenced to 42 months in prison and then deported.
If one hasn't been on the wrong end of this kind of situation, one might miss the significance of this part of the story. It could be argued that NPR is actually misrepresenting this process, by omitting the certain fact that Ervine paid this "friend" tens of thousands of dollars for this FBI-as-my-own-taxpayer-supported-private-investigation-and-fast-track-to-federal-prosecution-service. Much of that money either has or will make its way back to the FBI agents who did "the work" on this case. Yes Virginia, this is corruption. Normal citizens don't have Hoover's Gang at their beck and call anytime they're disappointed by a business experience.
Since FBI can generally make a case against any innocent victim who comes to their attention, it's far from clear that Yalincak ever actually did anything wrong. ("proposed a sham hedge fund"? What the hell is that?) It is clear that this Asian immigrant and his family disappointed this rich well-connected asshole WASP Ervine in some business deal, and then he spent 42 months in federal PMITAP. Any human being would be frustrated with that situation, and might even publish his account of that frustration online. (Which account seems to have disappeared into some memory hole, but maybe that's the point?)
Fuck Jeff Ervine, and fuck anyone who uses his wealth to hide the fact that wealth is based on fucking people over. Question: do we think little Jeff has something to do with this URL?