You're contradicting yourself: You're saying he may not be as as smart as many think, then you go on to say its hard to believe he wasn't aware.
Considering the misdemeanors of Falconer, I would say that the deed of release was created after Sigalla left ie a recent arrangement between Falconer and Sigalla to split the proceeds.
All TZ have to do is go to court and present a list of ASIC backed wrongdoings, and the payment will not have to be made, while at the same time adding to Sigalla and Falconer's rap sheets (we didn't have falsified documents previously).
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