This situation will be a festering wound in their lives until they come clean, admit their wrongs, potentially do some time in prison, pay restitution even if it means they are penniless afterward (not globe-trotting around buying flights across the ocean and living the Life of Riley in exotic locations), make amends, apologize unconditionally to the hundreds of people whose lives they ruined, take responsibility, etc.

My mother used the program after an unforeseen divorce, which left her penniless with 4 children.

They can range from penniless buyers to experience investors.

He died virtually penniless last fall at 68 and largely because he was afraid to take risks or weary when the opportunities presented themselves .

For all practical purposes, the kids took the parents equity, spent it, and left them penniless and struggling.Don't be those kids.I know you think this is a great way for you to improve your situation and help out your parents in the process.

Hey, a guy ran a stop sign and hit my car when i was 17 and penniless.  

Earn like a King and spend like a penniless pauper.Do this until you get your down payment, plus some cushion money saved up.Do you see a pattern here (???)

On top of that, the market is very tight, deals are hard to come by, and EVERYONE is an investor these days (even penniless wholesalers).

Most are penniless fakes. 

When sellers get screwed over by fake penniless buyers I hope they sue everyone involved for fraud.