I dont think CASA are really that stupid, esp if they have ramped the guy.
If a guy such as this dude wants to start a company he can just by trading as him self EG, FRED NERK T/AS Southern Air Charter, when one does that CASA for some reason cannot display the AOC on the website.
However if one were to ask to see the AOC he must show it. Well it must be displayed 2 the public anyway in his office, then again he could have his office at home with it hanging on the wall, who really knows and having said all that he might be a crook but i dont really think so..