It's a matter of Heddle being more risk-adverse than Bordynuik. Lies about $10/bbl oil, illegally laundering money through trust funds, and profitable processors are simply too overt, and such egregious fraud risks bringing on the wrath of the SEC or DOJ.
Little white lies, like not telling investors for six months that the processors were down, or saying they were fixed when they were not, or going along with the P20 Ship scam for a few years, are no biggie.