As terrible as this experience was, what's most alarming is that you're 37, have been working for nearly 20 years in this field, and don't have enough savings to tide you over even two months without work. You really need to learn to save your income and cut your lifestyle. I hope that if it turns out your story is true, that these guys are in some way brought to justice, karmic or otherwise. Best of luck.
What do you know about his life? Could he have lost all his savings due to a a divorce, or an accident, or some other type of tragedy? What if he always had to support others?