A million dollars really is not a lot of money if

A million dollars really is not a lot of money if your gonna run a scam of this sorts. By the time you put in all the effort, pay for stuff needed to make it look good, ie. office, websites, deposits etc..., split the money with your partners involved. Plus risking you reputation, friends, family and loss of respect from your daughter, jail time, lawyers to keep you outta jail. Maybe a hundred million. Plus like you said, he still has all his shares.