I wasnt so lucky and he still has my money.

OK, lets say he DID have an accident.. I would hazard a guess and say he has about 100,000USD of money from pre-orders for MMM's, and basically 5 months of unsent orders..also BPP is an International online business so the amount would probably be more than this.

Where is this money now? Remember, as this was an online business, there are minimal overheads.

EDIT : Also, no one has 5 month accidents. If he knew he was in strife, why would he continue to trade and then all of a sudden empty his paypal account and then close it?. Something doesn't sound right.