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Nobody wants a shell of a company that was known for ripping off investors in the name of religion.
Won't happen as it's associated with a very large SCAM !!!!!
The company and stock symbol no longer exist.
The company and stock symbol no longer exist.
The company and stock symbol no longer exists.
https://www.sec.gov/litigation/litreleases/2013/lr22813.htm
No.
Nothing left.
All left behind.
:(
I'm surprised he didn't claim that the devil made him do it.
Just blame him.
Go to post #38424
He's having a great time in Hawaii on others money.
Will it ever end ?
Put the below into your browser.
gamepolitics.com/2015/01/30/left-behind-games-executive-punished-illegal-stock-trading/
What he did was intentional to defraud all investors for his personal gain.
I've no idea.
I didn't know that anyone could put in a claim for damages.
Between him and Zaucha, that's a lot of disgorgement.
Just goes to show they were busy gorging themselves on investors money with no regard for the gluttony of their actions.
Litigation Release No. 23181 / January 29, 2015
www.sec.gov/litigation/litreleases/2015/lr23181.htm
Many lost so much money, and all for a stock scammers greed.
Will there ever be any real justice for all the defrauded stockholders ?
Yes, many of us did, and he had NO moral compass about defrauding the public, including the military in forward areas in the middle east who invested in his religious based stock.
How come he didn't get any prison time ?
Anyone know ?
Nice post.
It looks like the Fat Man has finally sung.
I wonder of he'll actually pay anything or just claim poverty ?
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 23181 / January 29, 2015
Securities and Exchange Commission v. Troy Lyndon and Ronald Zaucha, Civil Action No. CV13 00486 SOM KSC (D. Haw.)
SEC Obtains Final Judgments against CEO of Video Game Company and Purported Consultant in Revenue Inflation Scheme
On January 22, 2015, the district court for the District of Hawaii entered a final judgment against Defendant Ronald Zaucha, holding him liable for over $2.6 million in disgorgement, interest and penalties after granting the SEC's motion for summary judgment. Zaucha was also permanently enjoined from violating the antifraud and securities registration provisions of the federal securities laws, and permanently prohibited from participating in any offering of penny stock.
Previously, on August 21, 2014, the district court entered a final judgment against Defendant Troy Lyndon, holding him liable for over $3.6 million in disgorgement, interest and penalties after granting the SEC's motion for summary judgment as to monetary relief. Lyndon had previously consented to entry of a permanent injunction prohibiting future violations of the antifraud, securities registration, issuer reporting, books and records, internal controls, lying to auditors and false certification provisions of the federal securities laws; an order permanently barring him from acting as an officer or director of a public company; and an order permanently prohibiting him from participating in any offering of penny stock, without admitting or denying the SEC's allegations.
On September 24, 2013, the SEC had charged Lyndon, the founder of a religious-themed video game manufacturer, Left Behind Games, Inc. ("LBG"), and his friend Zaucha with scheming to falsely inflate the company's revenue by nearly 1,300 percent in the one-year period ended March 31, 2011 through sham circular transactions.
The SEC alleged that Lyndon, who served as the company's CEO and CFO, caused LBG to issue almost two billion shares of stock to Zaucha as purported compensation for consulting services to the California-based company. In fact, Zaucha provided few, if any, consulting services. Rather, the true purpose of the arrangement was to enable Zaucha to sell millions of unregistered LBG shares of stock into the market and then kick back a portion of his stock proceeds to the company in order to prop up its revenue at a time when it was in dire need of additional funds. The company's stock was suspended by the SEC when the SEC filed its complaint against Lyndon and Zaucha, and the registration of LBG's stock was revoked by the SEC on February 24, 2014.
Lyndon lives in Honolulu and Zaucha lives in Maui and in Laguna Woods in Orange County, California.
http://www.sec.gov/litigation/litreleases/2015/lr23181.htm
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Modified: 01/29/2015
Even then this movie wouldn't have benefitted any one of the many investors since it had nothing to do with Troy Lyndon or His company.
Was the fat one left behind ?
Has anyone seen the new Left Behind movie ?
Has the fat one been left behind yet ?
Any word of the fat one ?
Has anyone gone to jail yet ?
The stock was delisted some time ago, and is totally worthless.
A broker might be able to get you out of your positions so you can then officially use it to get tax write-offs.
Any chance of the nameless one being endited ?
Has anyone heard if the former he who shall not be named is trying to get anyone to go along with any new scams ?
This company no longer exists.
So much damage was done by LFBG, it won't be over for a long time.
All is not over.
CUSIP NUMBER: 52464N 10 9
IF the stock was NOT delisted.
I've done that myself.
But the stock and symbol no longer exist.
How could they run a trade for stock that no longer exists ?
The broker can't take it or sell it, as the stock was delisted and no longer exists.
I don't think even the shell exists anymore.
If someone who still holds stock in LFBG, and thought they would hold out before selling off, that somehow it might come back, and never took the tax loss before the end of last year, now wanted to sell, are they now totally out of luck, or can they still have a way to write off the loss of the stock, even though it's now been delisted ?
People who sue defunct corporations get nothing, but those that did bad things to sell stock can also be held legally liable in a civil action.
Now, personal damage lawsuits can be leveled at him, without him being able to fall back on the worthless corporation that was found to be wanting.
IMO
Only if they knew about them.
Not in this case.
Getting defrauded by a religion based stock scammer isn't the same thing.
I don't think so.
press wire and market watch.
The former head of that company destroyed many of the former press releases.
The movie has nothing to do with the stock company and never has.