Forgive my ignorance but who is he and what has he done to upset so many people?
The too long, didn't read version:
Scammed the hell out of customers, didn't pay employees, or magazines who were providing advertising, ran away when people started asking questions and wanting their money/products.
Start reading
here, continue
here for a more in depth coverage.
I did read back in the day that Merlancia's failure to pay for it's advertising went a long way toward the collapse of the AmigaActive magazine. Anyone got a link to that?