No lawyer would tell him that’s a good idea. Just shut up! Maybe he’s still in his rebellious-teenager, parents-are-always-wrong phase?
If on the other hand he knows there’s no way to avoid serious time he should just plead guilty and go for the best deal he can get!
This is so mystifying.
What you're really saying is: "If you were a narcissistic compulsive liar who was defrauding thousands of people and your lies began to untangle, you would dig yourself in deeper and deeper with more and more unrealistic lies until the whole thing collapsed. It happens all the time." Yes, that seems to be what happens to compulsive liars, and prison is absolutely appropriate for these people (when it results in this level of damages). The same behavior in 2008 also should have resulted in prison time. It did for one person, and probably should have for a lot more.
He’s in serious serious legal jeopardy and he keeps opening his mouth. That’s a very, very bad strategy.
I guess to answer my own question he probably has his head so far up his own … that he can’t imagine why he should take anyone’s advice about anything, including lawyers.