Lokitorrent lawsuit , a hoax ? ( from Earthreactor )

LOKI TORRENT LAWSUIT :: THE FACTS: At the end of December 2004, the RIAA and MPAA began an international rampage in efforts to close down major bit torrent and ed2k file sharing sites. During the turmoil, one such MPAA targeted Bit Torrent site claimed it was willing to stand up against the evil powers of motion picture media thugs by fighting the legal issues in a court of law. LokiTorrent.com began accepting donations from the p2p community to support what they called "necessary legal fee's".
Some weeks later as the article suggests the whole thing was proved to be a scam on behalf of the lokitorrent owner to collect money from it's users and p2p supporters.
My guess is that this guy was smart enough to pull something like this, especially on tech-savvy and quite smart people. Is he going to pull this off without any punishment by the community ? I'm sure the goverment is not willing to help as much as in other cases of fraud but then again time will tell.. ( click the article's opening sentence to view the original post ).