Take your libertarian dreams to international waters. Regulation exists to create opportunity, not destroy it. Unless you have facts to back up your claims, don't spread misinformation.
I'm a Rand quoting free market extremist, and I'm A-OK with this guy going to jail for fraud. Fraud is, after all, morally equivalent to physical coercion.
On a related note, most people who heap scorn on Rand seem to have missed the fact that many (most?) of the major villains in Atlas Shrugged are corrupt businessmen.