Mr. Shockley, like Bernie Madoff, will never repay the money he stole from his clients.  Perhaps seeing him go to jail makes them feel a "little" better.  However, recovering their lost money would make them feel much better and that won't happen.

Many businesses which "hold" others' money are bonded and/or insured...banks for example.  I'm not sure if the state has taken any action regarding property managers who hold hundreds of thousands, or as in Mr Shockley's case, millions of those client dollars.  It would make sense for those clients to, in the future, have such protection.