Larry Ryckman, Fraudster
Lab Rat
Prairie boys, who palled up with former minister responsible for lotteries,
now Legislature Speaker Ken Kowalski and ATB banker William Tough and
together orchestrated an ATB loan (fraud) of 8.5 million (among others) that
went unpaid and covered up by Ralph Klein, Peter Elzinga and auditor general
Peter Valentine and others after Ryckman contributed to Klein's and
Kowalski's 1993 campaign.
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Ryckman faces fraud charges
Scott Haggett
Calgary Herald; with files from The Canadian Press
The Royal Canadian Mounted Police issued an arrest warrant for Larry Ryckman
on Tuesday after charging the former Calgary Stampeders owner and failed
penny-stock promoter with two counts of fraud.
The charges were laid after a six-year investigation into Ryckman's dealings
with the now-defunct Aabbax International Financial Inc., a company formed
to drill for oil under the Athabasca tarsands.
The Mounties allege Ryckman defrauded Aabbax's shareholders in 1994 by
exercising options to have 600,000 common shares of the company issued to
two employees without paying Aabbax for those shares. The options at the
time were worth $1.15 each.
"The allegations are that Mr. Ryckman exercised some options that were in
the names of other employees and in doing so did not put the monies back
into the treasury of Aabbax," said Staff Sgt. George Prouse, an investigator
with the RCMP's Calgary commercial crime section.
The investigation was launched in 1996 after the Vancouver Stock Exchange
asked RCMP to look into Ryckman's dealings with Aabbax. The VSE, now folded
into Calgary's TSX Venture Exchange, delisted Aabbax in 1995, alleging the
Ryckman-controlled company not only issued the options without approval, but
also failed to disclose a too-cosy relationship with the privately held
Ryckman Financial Corp.
Prouse said the delay in laying the charges came from the complexity of the
case, despite having up to three investigators on the case at times.
"There was a lot more involved in the investigation than just these two
allegations," he said. "We had jurisdictional issues and a lot of evidence
had to be gathered outside Alberta."
Reached in Scottsdale, Ariz., where he now resides, Ryckman, 47, wouldn't
comment on the charges, which carry a maximum sentence of 10 years in jail.
He referred callers to his Calgary lawyer.
"He's asked me not to say anything," Ryckman said.
Ryckman's lawyer, Earl Wilson, also declined to discuss the RCMP
allegations.
"I have no comment with respect to the charges," Wilson said. "These are
only allegations and there are always two sides to the story."
Ryckman moved to Arizona after the Alberta Securities Commission found he'd
manipulated shares in Westgroup Corp., a public company he headed.
The ASC fined him nearly half a million dollars -- still owing -- banned him
from trading stocks for 18 years and forced him to step down as president of
the Stampeders.
David Linder, the ASC's executive director, said Ryckman is still on the
hook for $495,000 plus interest. The commission took Ryckman to court in
Arizona to recover the money and won, but still hasn't managed to collect.
"With us, he's yesterday's news," Linder said. "But we'd be thrilled if we
got paid."
Ryckman first gained notoriety in the 1980s when his Archer Communications
Inc. owned the patent to a three-dimensional sound system called QSound.
Despite few sales, hype surrounding the product pushed Archer shares as high
as $17, making the company worth some $300 million. Ryckman said he made
millions trading Archer stock, money he used to buy the ailing Stampeders in
1991.
Under his ownership, the team became a powerhouse in the Canadian Football
League, winning a Grey Cup in 1992 and signing star quarterback Doug Flutie
to a rich contract.
Ryckman has been mostly absent from Calgary since moving to Arizona, however
Wilson said his client will return to face the charges.
"I can guarantee he'll be here," Wilson said.
© Copyright 2003 Calgary Herald
http://www.canada.com/search/story.aspx?id=b3238e2f-cc5b-45f4-8d9f-2bc04ddf0
d77
Eat Dirt
"Lab Rat" <lab...@home.net> wrote:
> Yes, this is the same Larry Ryckman as described in the book "Banksters and
> Prairie boys,
Isn't this the same Ryckman that so many years ago - in order to show
his face on tv - started some kind of a campaign and succeeded in having
Marilyn Mason banned from performing in Calgary?
Oh yeah, we owe so much to this prairie boy. He certainly succeeded in
maintaining Calgary's image as a small town, prairie hole.
--
2003 is going extremely well for me thus far and it just keeps
on getting better. And there are still some 350 days to go.
Someone please hold me!
Eat Dirt (to send email, remove spaces: eatdirt339 @ yahoo.com)
lanny
He is a true socio-path.
"Eat Dirt" <use_emai...@justbelow.com> wrote in message
news:use_email_in_sig-2F...@news.telus.net...
Eat Dirt
"lanny" <lanykym...@hotmails.com> wrote:
> I hope the guy rots his Jewsish ass in jail, it is what he deserves.
> He is a true socio-path.
Speaking of sociopaths, you can expect Calgary Rob to get on your case
for using the J word in a negative manner - so be warned. According to
him every jew is to be viewed as a god and thus can do no wrong. Wonder
if çRob and that Ryckman are related.
Well, at least çRob has demonstrated that he likes good music. Yet they
seem to think exactly alike, as though sharing the same gene.
ps: It's Marilyn Manson, not Mason I was referring to before. According
to Pussyface Ryckman this artist was no artist at all and instead a
threat to Calgary's wholesome values. I guess he figures country music
is fine for Calgary but anything from the outside world is evil and
therefore kept away from this prairie hole he decided to make his
holyland.
Determinator
>In article <euLX9.45245$536.2...@news2.telusplanet.net>,
> "Lab Rat" <lab...@home.net> wrote:
>
>> Yes, this is the same Larry Ryckman as described in the book "Banksters and
>> Prairie boys,
>
>Isn't this the same Ryckman that so many years ago - in order to show
>his face on tv - started some kind of a campaign and succeeded in having
>Marilyn Mason banned from performing in Calgary?
not exactly.. .. he was operatring the max Bell arena (venue for
manson) and bowed to the pressure against Manson
Eat Dirt
siller$t...@calcna.ab..ca. (Determinator) wrote:
So he's a dickhead without a backbone. He's job is ensure the show went
on, after all his duties were to the patrons of Max Bell, aka Manson
ticket holders.
Guess he's not just pussy face, he also sports one.
This fool has no merit and I do hope he gets jailed for whatever it is
he is involved in now.
Pham Nuwen
> I hope the guy rots his Jewsish ass in jail, it is what he deserves.
Eris... What the hell are you talking about? Larry Ryckman isn't jewish.
Where do you people get this crap?
--
/---+----+----+----+----+----+----++----+----+----+----+----+----+---\
I Pham Nuwen II Necessity is the plea for every I
I ========== II infringement of human freedom. I
I ph...@nerdhive.org II It is the argument of tyrants; I
I http://www.nerdhive.org II it is the creed of slaves. I
I aim: nerdhive1 II -William Pitt (1759-1806) I
\---+----+----+----+----+----+----++----+----+----+----+----+----+---/
Pham Nuwen
> So he's a dickhead without a backbone. He's job is ensure the show went
> on, after all his duties were to the patrons of Max Bell, aka Manson
> ticket holders.
Owner of a private company, and private facilities. He had no obligation
to ticket holders, and only a small obligation to the promoter who
arranged the show to compensate for the late cancellation. You may not
like the result but he was well within his rights to say how his
building was going to be used.
Angry_Mime
Pham Nuwen <ph...@nerdhive.org> wrote in message
news:0AcY9.105476$Yo4.5...@news1.calgary.shaw.ca...
> lanny wrote:
> > I hope the guy rots his Jewsish ass in jail, it is what he deserves.
>
> Eris... What the hell are you talking about? Larry Ryckman isn't jewish.
> Where do you people get this crap?
Prevarication - the forte of hatemongers.
sue
"Pham Nuwen" <ph...@nerdhive.org> wrote in message
news:0AcY9.105476$Yo4.5...@news1.calgary.shaw.ca...
Pham Nuwen
> yes he is. in fact he used to be a reporter many years ago. he is jewish.
What the hell... what does him being a reporter have to do with
anything? Or are you implying that he is Jewish because he was a reporter?
Do you have anything to back up this claim that he is Jewish?
veranda
news:0AcY9.105476$Yo4.5...@news1.calgary.shaw.ca...
jewish.
> Where do you people get this crap?
>
you just know ?
veranda
> Do you have anything to back up this claim that he is Jewish?
>
an hour on Google and found only circumstantial evidence ( except on a
direct link which was blanked ) . It's not for the sake of the
burden-of- proof routine but for the sake of knowledge so would be
nice if you would bring in some .
Pham Nuwen
As you might recall I ended up spending 5 minutes on google, and proved
that Bill is not Jewish pretty conclusively. However you dismissed that
out of hand in favor of your non-evidence that could only called
circumstantial in the very loosest of terms. There is a reason the
burden-of-proof is on the person making the claim, it's so they can't
squirm out of it, when they can't/don't cough up the evidence.
In this case very much like your claim that Bill is Jewish, it was done
for the sole reason to disparage the person, and the Jewish faith. Say,
what you want but you know that's the truth. I think that for now is
enough to think that lanny, and sue are talking out of their asses.
Pham Nuwen
> veranda : Pham , did you checked your statement on Google ? Or
> you just know ?
I almost always do some research into what I post. That doesn't prevent
me from being wrong, but it prevents me from talking out of my ass, like
so many usenet posters.
So far, all that has happened is that larry, and sue have made
assertions, that I have challenged. I'll wait and see what they come up
with.
veranda
> I almost always do some research into what I post. That doesn't
prevent > me from being wrong, but it prevents me from talking out of
my ass, like > so many usenet posters.
>
anything .
l...@gis.tix
it is possible to be jewish and scum, but its impossible to be scum simply
because you are jewish.
you still dont get it.
"Eat Dirt" <use_emai...@justbelow.com> wrote in message
news:use_email_in_sig-18...@news.telus.net...
Reason
"lanny" <lanykym...@hotmails.com> wrote in message
news:piUX9.99836$sV3.3...@news3.calgary.shaw.ca...
> I hope the guy rots his Jewsish ass in jail, it is what he deserves.
> He is a true socio-path.
>
He's not Jewish, and when will they leave the poor man alone?
Eat Dirt
<l...@gis.tix> wrote:
> larry ryckman is what he is because he is scum, not because he is jewish.
>
> it is possible to be jewish and scum, but its impossible to be scum simply
> because you are jewish.
>
> you still dont get it.
Wrong, as usual.
I never claimed jews are scum. You've been listening to C Rob's
stupidity for too long. Try to think for yourself, if able to.
