Considering the kickstarter was less than three years ago and the missing money became apparent less than two years ago, "strung you along for nearly 5 years" might be an exaggeration.
But, sure, in hindsight, Rylan should have gone to the police earlier.
And, to be clear, I no longer have anything directly to do with PP. I was a contractor up until around Jan 2015. Now I'm just a friend and interested spectator.