Mallick and his fraudulent acting lawyers only paid back the first $4 million after losing in court repeatedly, and still only wired the money on the last minute of the last hour of the last day before “his” assets were going to be seized. He then sent a letter out to his Epassporte victims who were about to receive their money, blaming their lawyer for his own misdeeds and attempting to poison the well of any future Zahavi lawsuit against him.

He probably has sold it to himself as a legit loss, spent on his own luxury lifestyle so that he could promote himself. Massive sized ego it takes to convince yourself like that.
In the end, he may force you to place pictures of all of his family online, from Texas to New York to California to Tennessee and out them all as the beneficiaries of a major fraud.