Lol at Cuban telling them not to go to the cops
Seems like he could very well trick more investors in the future and if I read an article on TechCrunch about him founding a new start-up I'd be extremely upset that a douchebag like him gets a second chance while harder working and more honest folks don't succeed because of a combination of lack of connections and "shyness". That's an awful read to end the year.
A similar thing happened to a guy who scammed me and others. One of the guys who was scammed went to the local cops who took out a warrant. The guy who scammed us was arrested and released almost immediately. He paid the guy through the court and his attorney. I still remain unpaid...and I didn't go to the cops(mostly because nyc cops didn't care much about the case speaking to them on the phone). You can read more here if you're curious: http://cliffkaplanfraud.com/